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Rainy Mountain Royalty Corp (2)
Symbol RMO
Shares Issued 27,432,875
Close 2017-04-04 C$ 0.10
Market Cap C$ 2,743,288
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Rainy Mountain extends anomalies at Brunswick property

2017-04-04 13:01 ET - News Release

Mr. Douglas Mason reports

GEOPHYSICAL ANOMALIES ASSOCIATED WITH GOLD MINERALIZATION EXTENDED AT BRUNSWICK PROPERTY, ONTARIO

Rainy Mountain Royalty Corp. has extended the geophysical anomalies associated with gold mineralization at its optioned gold exploration property (the Brunswick property). The Brunswick property is accessible year-round by bush road connecting to Highway 560 that links to the west with Highway 144 and then north to Timmins (via Highway 101).

An additional 800 metres of strike length have now been covered on the east side of the east grid on the Brunswick property. This most recently completed work has extended four induced polarization (IP) chargeability trends associated with both gold mineralization and pyrite-bearing sericite-carbonate schists, which are typical hosts for gold in the region. The IP geophysical method employed on the original east grid was used because of its ability to detect disseminated sulphide zones, which are often associated with gold, and at the same time, map the shear structures with resistivity data gathered with the IP readings. As well, additional mapping and prospecting have located occasional outcrops of the sericite-carbonate rock on these shears identified by the resistivity.

Similar shear zones have been traced for one to two kilometres on the west side of the property where anomalous arsenic-antimony values were found in bedrock samples. A series of 12 grid lines covering a 2.4-kilometre strike length of these shears is currently under way and should be completed by late April, prior to drilling. At the same time, a reassessment of all the drill targets will be made to select the highest-priority targets from both the eastern grid targets already located and any new targets found on the grid extensions. As spring progresses, some roads are restricted for access for heavy equipment (due to frost coming out), which can cause delays in mobilizing the drill. These road constrictions apply to all trucking operations, including the local log haulers.

The company is pleased to have numerous targets to select for testing, and will organize the upcoming drill program in an effort to optimize the chances of success and to gain the maximum amount of information on the property's geology. Further updates will be released as the program continues.

This news release has been reviewed and approved by Robert Middleton, PEng, who is acting as the company's qualified person for the Brunswick property project in accordance with regulations under National Instrument 43-101.

We seek Safe Harbor.

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