Received by email:
File: RMO-NR0528.docx
Trading symbols: TSX-V: RMO
Frankfurt: EK7N-FF
News Release No. 18-04
Copper Lake Hits High-Grade Massive Sulphides
and Copper Stringer Zone at Marshall Lake
West Vancouver, British Columbia - May 28, 2018 - Rainy Mountain Royalty Corp. (the "Company" or "Rainy Mountain") ann
--->ounces that its joint venture partner, Copper Lake Resources Ltd. ("Copper Lake") has provided results of its winter d
--->rilling program on the Marshall Lake copper-zinc-silver-gold exploration property located 250 km northeast of Thunder
--->Bay, Ontario, and comprised of 10,430 hectares.
HIGHLIGHTS
*bullet* Massive Sulphides - Billiton Main Zone 30 metre Step Out
o 1.0 m @ 3.20% Cu, 8.35% Zn, 367.00 g/t Ag and 8.01 g/t Au in hole MAR-18-07
*bullet* Near Surface Copper Stringer Zone - Gazooma Zone Step Out
o 25.30 m @ 1.07% Cu, 20.1 g/t Ag from depth of 1.05 m, including 13.85 m @ 1.54% Cu, 28.30 g/t Ag from 11.20
--->m to 25.05 m in hole GAZ-18-01
The purpose of the program was to test three VTEM conductors and other targets derived from a comprehensive compilatio
--->n of historic data undertaken between 2014 and 2017. A total of 14 holes for 2,868 m were completed. A table of signif
--->icant intersections, drill hole locations and statistics is appended (see Appendix A and B).
Copper Lake's Future Plans
The 2018 drill program identified priorities in the area of historic work and numerous showings.
1. Main Billiton - validate historic drilling and expand to depth.
2. Gazooma - potential for shallow resource definition and trace the stringer zone ESE.
Assessment of the upper two thirds of the Marshall felsic volcanic pile is recommended, particularly two strong airbor
--->ne (VTEM) conductors associated with altered tuffs overlying interpreted vent facies coarse fragmental domes located a
--->long the south shore of Marshall Lake.
Marshall Lake's Exceptional Geology
The Marshall Lake property is deemed favourable to host Cu-Zn-Ag-Au VMS (Volcanogenic Massive Sulphide) deposits of po
--->tential economic merit.
The volcanic pile consists of a moderately east plunging and verging anticline capped by chertmagnetite iron formation
--->.
The discovery of Cu-Zn showings in the 1950's sparked an exploration rush. Extensive yet shallow work was focused in t
--->he lower third of the felsic volcanic pile and was constrained by a patchwork of owners and claim boundaries. The uppe
--->r portions of felsic volcanic pile remain essentially unexplored and display favourable geology, alteration and untest
--->ed conductors.
Copper Lake has spent considerable time consolidating the entirety of the Marshall Lake felsic volcanic centre. A deta
--->iled digital compilation and re-interpretation of extensive previous work was conducted between 2014 and 2017. This co
--->mpilation guided this winter's drill program focused in the area of previous work. A comprehensive discussion of the s
--->cope and details of historic work including historic resource estimates, development of new targets and geological mod
--->el is available in a NI 43-101 Technical Report dated June 07, 2016 and authored by Thomas Hart, P.Geo (see www.sedar
--->.com or www.copperlakeresources.com).
The 2018 drilling serves to highlight potential of the Main Billiton zone which remains open below 150 m depth, displa
--->ys strong precious metals contents and demonstrates reasonable continuity in 3D modelling of historic data. Hole MAR-1
--->8-07 was a 30 m step out from historic hole GM-78-230 drilled by Imperial Oil Ltd in 1978 (see Appendix C).
*GM-78-230 7.40 m @ 2.97% Cu, 10.98% Zn, 219.70 g/t Ag
including 1.65 m @ 5.50% Cu, 31.50% Zn, 320.20 g/t Ag
Hole MAR-18-07 serves some purpose in advancing the process of validating historic drill information in the Main Billi
--->ton area. A 3D interpretation of historic drill data here (Appendix C) illustrates drill coverage and the system remai
--->ns open at depth. A table of significant historical drilling highlights demonstrating high grade silver subintervals i
--->s also appended again cautioning the historic nature of the data that has not been verified by a QP and therefore shou
--->ld not be relied upon.
This data suggests a steeply-dipping series of conformable lenses spanning a 300 m strike length. Only six holes have
--->been drilled deeper than 150 m and the system appears to remain open at depth.
The other significant finding of the 2018 drilling was the confirmation of copper stringer mineralization at Gazooma.
--->This showing is part of a cluster of copper showings located approximately 3 km southwest of the Billiton Main Zone. T
--->hey appear to align along an ESE crosscutting trend and demonstrate a copper to zinc zonation ESE or upwards in the vo
--->lcanic stratigraphy. The projection of this trend has not been adequately explored to date.
Qualified Persons
The Marshall Lake drill program was overseen by George Mannard, P.Geo, consultant and managed in the field by Robert S
--->. Middleton, PEng and field geologists were Justin Johnson, MSc., P.Geo and Jordan Laarman, PhD, P.Geo. The contents o
--->f this news release were read and approved by Robert S. Middleton, PEng, who is acting as QP for the Company under the
---> rules of NI 43-101.
For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, or visit the Company'
--->s website at www.rmroyalty.com.
RAINY MOUNTAIN ROYALTY CORP.
"Douglas L. Mason"
_________________________________
Douglas L. Mason, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
FORWARD LOOKING STATEMENTS
This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of ap
--->plicable securities legislation. All statements, other than statements of historical facts, that address such matters
--->as the Company's proposed drill program and planned exploration expenditures on the Brunswick Property, as well as fut
--->ure exploration, drilling, exploration activities, potential mineralization and resources and events or developments t
--->hat the Company expects, are forward looking statements and, as such, are subject to risks, uncertainties and other fa
--->ctors of which are beyond the reasonable control of the Company. Such statements are not guarantees of future performa
--->nce and actual results or developments may differ materially from those expressed in, or implied by, this forward-look
--->ing information. Factors that could cause actual results to differ materially from those in forward-looking statements
---> include such matters as market prices, exploitation and exploration results, continued availability of capital and fi
--->nancing, and general economic, market or business conditions. Any forward-looking statements are expressly qualified i
--->n their entirety by this cautionary statement. The information contained herein is stated as of the current date and s
--->ubject to change after that date and the Company does not undertake any obligation to update publicly or to revise any
---> of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may
--->be required by applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described h
--->erein in the United States. The securities described herein have not been and will not be registered under the United
--->States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to the account or be
--->nefit of a U.S. person absent an exemption from the registration requirements of such Act.
Appendix A
Significant Results
Hole No
From (m)
To (m)
Length (m)
Cu (%)
Zn (%)
Ag (g/t)
Au (g/t)
MAR18-01
89.10
89.60
0.50
0.85
0.24
96.9
3.43
133.05
133.40
0.35
0.33
2.19
24.1
0.03
MAR18-02
157.70
158.05
0.35
1.16
2.22
48.7
0.31
MAR18-03
NSA
MAR18-04
NSA
MAR18-05
48.10
51.60
3.50
0.79
0.95
71.7
0.08
MAR18-06
NSA
MAR18-07
inc.
16.00 168.00
207.30
209.30
17.00 169.00
212.35
210.30
1.00
1.00
5.05
1.00
0.06
0.06
0.68
3.20
1.26
2.58
2.14
8.35
10.05
3.07
78.51 367.00
0.34
0.02
1.63
8.01
MAR18-08
NSA
MAR18-09
NSA
TH18-01 inc.
109.60
110.60
121.00
115.70
11.40 5.10
0.60
1.09
0.12
0.24
16.25
25.80
0.71
0.84
TH18-02
240.40
244.00
241.00
244.60
0.60
0.60
0.02
0.09
2.03
1.45
0.71
2.58
0.02
0.02
TH18-03
NSA
TH18-04
116.35
117.15
0.80
4.13
0.03
36.4
0.10
GAZ18-01 inc.
1.05
11.20
47.00
59.70
62.00
63.40
72.15 172.20
178.00
26.35
25.05
49.70
60.20
62.30
63.70
72.70 177.55
178.30
25.30
13.85
2.70
0.50
0.30
0.30
0.55
5.35
0.30
1.07
1.54
0.79
1.60
1.17
0.85
1.23
0.94
1.33
0.08
0.13
0.02
0.02 *0.01
*0.01
*0.01
*0.01
*0.01
20.1
28.3
8.0
11.8
9.0
5.4
4.5
2.8
3.7
0.08
0.13
0.32
2.41
0.50
0.36
0.24
0.05
0.05
*Greater than 0.5% Cu or 1.0% Zn
Appendix B
Drill Hole Statistics
Location (UTM)
Hole No.
Depth (m)
Inclination
Azimuth
Eastward
Northward
MAR-18-01
194
-65
320
458397
5585323
MAR-18-02
180
-80
320
458397
5585323
MAR-18-03
125
-50
330
458397
5585429
MAR-18-04
281
-50
150
458089
5585784
MAR-18-05
167
-50
150
458219
5586110
MAR-18-06
300
-50
150
458294
5586111
MAR-18-07
227
-50
150
458301
5585850
MAR-18-08
191
-50
330
458604
5585200
MAR-18-09
125
-50
045
458604
5585200
TH-18-01
152
-50
0
456149
5583374
TH-18-02
254
-50
0
456320
5583008
TH-18-03
338
-50
0
456602
5583197
TH-18-04
152
-90
0
455563
5583376
GAZ-18-01
182
-80
90
455165
5583718
Total
2,868
Appendix C
Historic Shallow Drill Results - Main Billiton Zone
Hole No
From (m)
To (m)
Length (m)
Cu (%)
Zn (%)
Ag (g/t)
Au (g/t)
GGM-78-230
Imperial Oil Ltd., 1978
50.85
58.23
7.38
2.97
10.98
219.73
0.34
including
50.85
52.50
1.65
5.50
31.50
320.18
0.34
GGM-77-154
Imperial Oil Ltd., 1977
83.99
90.09
6.10
1.89
4.03
145.69
0.34
including
83.99
85.52
1.53
1.67
10.30
311.26
0.34
NWT-81
NWT Copper Mines
Ltd, 1981
75.46
79.57
4.11
1.49
4.70
250.93
N/A
including
75.46
77.74
2.28
2.24
7.50
423.02
N/A
NWT-68-83
NWT Copper Mines
Ltd, 1968
70.40
75.91
5.51
2.28
9.79
124.44
N/A
including
72.56
75.91
3.35
2.45
13.64
158.72
N/A
NWT-68-84
NWT Copper Mines
Ltd, 1968
156.77
159.76
2.99
2.56
10.26
181.34
N/A
including
156.77
158.02
1.25
3.44
18.65
313.66
N/A
ML-82-05
Falconbridge Copper,
1982
295.85
299.66
3.81
2.46
2.00
179.63
N/A
including
298.2
299.66
1.46
4.24
2.61
204.65
N/A
ML-82-07
Falconbridge Copper,
1982
19.05
22.65
3.60
1.81
9.35
164.20
N/A
including
21.98
22.65
0.67
5.45
22.26
436.04
N/A
*CAUTIONARY NOTE
Certain historic information as marked is sourced from drill logs in MNDM Assessment File records. It predates 43-101,
---> has not been verified by a QP and therefore should not be relied upon.
File: RMO-NR0528.pdf
Trading symbols: TSX-V: RMO
Frankfurt: EK7N-FF
News Release No. 18-04
Copper Lake Hits High-Grade Massive Sulphides
and Copper Stringer Zone at Marshall Lake
West Vancouver, British Columbia May 28, 2018 Rainy Mountain Royalty Corp. (the "Company"
or "Rainy Mountain") announces that its joint venture partner, Copper Lake Resources Ltd. ("Copper
Lake") has provided results of its winter drilling program on the Marshall Lake copper-zinc-silver-
gold exploration property located 250 km northeast of Thunder Bay, Ontario, and comprised of
10,430 hectares.
HIGHLIGHTS
dot Massive Sulphides Billiton Main Zone 30 metre Step Out
o 1.0 m @ 3.20% Cu, 8.35% Zn, 367.00 g/t Ag and 8.01 g/t Au in hole MAR-18-07
dot Near Surface Copper Stringer Zone Gazooma Zone Step Out
o 25.30 m @ 1.07% Cu, 20.1 g/t Ag from depth of 1.05 m, including 13.85 m @ 1.54%
Cu, 28.30 g/t Ag from 11.20 m to 25.05 m in hole GAZ-18-01
The purpose of the program was to test three VTEM conductors and other targets derived from a
comprehensive compilation of historic data undertaken between 2014 and 2017. A total of 14
holes for 2,868 m were completed. A table of significant intersections, drill hole locations and
statistics is appended (see Appendix A and B).
Copper Lake's Future Plans
The 2018 drill program identified priorities in the area of historic work and numerous showings.
1. Main Billiton validate historic drilling and expand to depth.
2. Gazooma potential for shallow resource definition and trace the stringer zone ESE.
Assessment of the upper two thirds of the Marshall felsic volcanic pile is recommended,
particularly two strong airborne (VTEM) conductors associated with altered tuffs overlying
interpreted vent facies coarse fragmental domes located along the south shore of Marshall Lake.
Marshall Lake's Exceptional Geology
The Marshall Lake property is deemed favourable to host Cu-Zn-Ag-Au VMS (Volcanogenic
Massive Sulphide) deposits of potential economic merit.
The volcanic pile consists of a moderately east plunging and verging anticline capped by
chertmagnetite iron formation.
The discovery of Cu-Zn showings in the 1950's sparked an exploration rush. Extensive yet
shallow work was focused in the lower third of the felsic volcanic pile and was constrained by a
patchwork of owners and claim boundaries. The upper portions of felsic volcanic pile remain
essentially unexplored and display favourable geology, alteration and untested conductors.
-2-
Copper Lake has spent considerable time consolidating the entirety of the Marshall Lake felsic
volcanic centre. A detailed digital compilation and re-interpretation of extensive previous work
was conducted between 2014 and 2017. This compilation guided this winter's drill program
focused in the area of previous work. A comprehensive discussion of the scope and details of
historic work including historic resource estimates, development of new targets and geological
model is available in a NI 43-101 Technical Report dated June 07, 2016 and authored by Thomas
Hart, P.Geo (see www.sedar .com or www.copperlakeresources.com).
The 2018 drilling serves to highlight potential of the Main Billiton zone which remains open below
150 m depth, displays strong precious metals contents and demonstrates reasonable continuity
in 3D modelling of historic data. Hole MAR-18-07 was a 30 m step out from historic hole GM-78-
230 drilled by Imperial Oil Ltd in 1978 (see Appendix C).
*GM-78-230 7.40 m @ 2.97% Cu, 10.98% Zn, 219.70 g/t Ag
including 1.65 m @ 5.50% Cu, 31.50% Zn, 320.20 g/t Ag
Hole MAR-18-07 serves some purpose in advancing the process of validating historic drill
information in the Main Billiton area. A 3D interpretation of historic drill data here (Appendix C)
illustrates drill coverage and the system remains open at depth. A table of significant historical
drilling highlights demonstrating high grade silver subintervals is also appended again cautioning
the historic nature of the data that has not been verified by a QP and therefore should not be
relied upon.
This data suggests a steeply-dipping series of conformable lenses spanning a 300 m strike length.
Only six holes have been drilled deeper than 150 m and the system appears to remain open at
depth.
The other significant finding of the 2018 drilling was the confirmation of copper stringer
mineralization at Gazooma. This showing is part of a cluster of copper showings located
approximately 3 km southwest of the Billiton Main Zone. They appear to align along an ESE
crosscutting trend and demonstrate a copper to zinc zonation ESE or upwards in the volcanic
stratigraphy. The projection of this trend has not been adequately explored to date.
Qualified Persons
The Marshall Lake drill program was overseen by George Mannard, P.Geo, consultant and
managed in the field by Robert S. Middleton, PEng and field geologists were Justin Johnson,
MSc., P.Geo and Jordan Laarman, PhD, P.Geo. The contents of this news release were read and
approved by Robert S. Middleton, PEng, who is acting as QP for the Company under the rules of
NI 43-101.
For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-
2030, or visit the Company's website at www.rmroyalty.com.
RAINY MOUNTAIN ROYALTY CORP.
"Douglas L. Mason"
_________________________________
Douglas L. Mason, Chief Executive Officer
-3-
Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
FORWARD LOOKING STATEMENTS
This news release includes certain statements that may be deemed "forward-looking statements" within the
meaning of applicable securities legislation. All statements, other than statements of historical facts, that
address such matters as the Company's proposed drill program and planned exploration expenditures on
the Brunswick Property, as well as future exploration, drilling, exploration activities, potential mineralization
and resources and events or developments that the Company expects, are forward looking statements and,
as such, are subject to risks, uncertainties and other factors of which are beyond the reasonable control of
the Company. Such statements are not guarantees of future performance and actual results or
developments may differ materially from those expressed in, or implied by, this forward-looking information.
Factors that could cause actual results to differ materially from those in forward-looking statements include
such matters as market prices, exploitation and exploration results, continued availability of capital and
financing, and general economic, market or business conditions. Any forward-looking statements are
expressly qualified in their entirety by this cautionary statement. The information contained herein is stated
as of the current date and subject to change after that date and the Company does not undertake any
obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities
described herein in the United States. The securities described herein have not been and will not be
registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in
the United States or to the account or benefit of a U.S. person absent an exemption from the registration
requirements of such Act.
-4-
Appendix A
Significant Results
From To (m) Length
Hole No (m) (m) Cu (%) Zn (%) Ag (g/t) Au (g/t)
MAR18-01 89.10 89.60 0.50 0.85 0.24 96.9 3.43
133.05 133.40 0.35 0.33 2.19 24.1 0.03
MAR18-02 157.70 158.05 0.35 1.16 2.22 48.7 0.31
MAR18-03 NSA
MAR18-04 NSA
MAR18-05 48.10 51.60 3.50 0.79 0.95 71.7 0.08
MAR18-06 NSA
MAR18-07 16.00 17.00 1.00 0.06 1.26 10.05 0.34
168.00 169.00 1.00 0.06 2.58 3.07 0.02
inc. 207.30 212.35 5.05 0.68 2.14 78.51 1.63
209.30 210.30 1.00 3.20 8.35 367.00 8.01
MAR18-08 NSA
MAR18-09 NSA
TH18-01 109.60 121.00 11.40 0.60 0.12 16.25 0.71
inc. 110.60 115.70 5.10 1.09 0.24 25.80 0.84
TH18-02 240.40 241.00 0.60 0.02 2.03 0.71 0.02
244.00 244.60 0.60 0.09 1.45 2.58 0.02
TH18-03 NSA
TH18-04 116.35 117.15 0.80 4.13 0.03 36.4 0.10
GAZ18-01 1.05 26.35 25.30 1.07 0.08 20.1 0.08
inc. 11.20 25.05 13.85 1.54 0.13 28.3 0.13
47.00 49.70 2.70 0.79 0.02 8.0 0.32
59.70 60.20 0.50 1.60 0.02 11.8 2.41
62.00 62.30 0.30 1.17 *0.01 9.0 0.50
63.40 63.70 0.30 0.85 *0.01 5.4 0.36
72.15 72.70 0.55 1.23 *0.01 4.5 0.24
172.20 177.55 5.35 0.94 *0.01 2.8 0.05
178.00 178.30 0.30 1.33 *0.01 3.7 0.05
*Greater than 0.5% Cu or 1.0% Zn
-5-
Appendix B
Drill Hole Statistics
Location (UTM)
Hole No. Depth (m) Inclination Azimuth Eastward Northward
MAR-18-01 194 -65 320 458397 5585323
MAR-18-02 180 -80 320 458397 5585323
MAR-18-03 125 -50 330 458397 5585429
MAR-18-04 281 -50 150 458089 5585784
MAR-18-05 167 -50 150 458219 5586110
MAR-18-06 300 -50 150 458294 5586111
MAR-18-07 227 -50 150 458301 5585850
MAR-18-08 191 -50 330 458604 5585200
MAR-18-09 125 -50 045 458604 5585200
TH-18-01 152 -50 0 456149 5583374
TH-18-02 254 -50 0 456320 5583008
TH-18-03 338 -50 0 456602 5583197
TH-18-04 152 -90 0 455563 5583376
GAZ-18-01 182 -80 90 455165 5583718
Total 2,868
-6-
Appendix C
Historic Shallow Drill Results Main Billiton Zone
From To (m) Length
Hole No (m) (m) Cu (%) Zn (%) Ag (g/t) Au (g/t)
GGM-78-230 50.85 58.23 7.38 2.97 10.98 219.73 0.34
Imperial Oil Ltd., 1978
including 50.85 52.50 1.65 5.50 31.50 320.18 0.34
GGM-77-154 83.99 90.09 6.10 1.89 4.03 145.69 0.34
Imperial Oil Ltd., 1977
including 83.99 85.52 1.53 1.67 10.30 311.26 0.34
NWT-81 75.46 79.57 4.11 1.49 4.70 250.93 N/A
NWT Copper Mines
Ltd, 1981
including 75.46 77.74 2.28 2.24 7.50 423.02 N/A
NWT-68-83 70.40 75.91 5.51 2.28 9.79 124.44 N/A
NWT Copper Mines
Ltd, 1968
including 72.56 75.91 3.35 2.45 13.64 158.72 N/A
NWT-68-84 156.77 159.76 2.99 2.56 10.26 181.34 N/A
NWT Copper Mines
Ltd, 1968
including 156.77 158.02 1.25 3.44 18.65 313.66 N/A
ML-82-05 295.85 299.66 3.81 2.46 2.00 179.63 N/A
Falconbridge Copper,
1982
including 298.2 299.66 1.46 4.24 2.61 204.65 N/A
ML-82-07 19.05 22.65 3.60 1.81 9.35 164.20 N/A
Falconbridge Copper,
1982
including 21.98 22.65 0.67 5.45 22.26 436.04 N/A
*CAUTIONARY NOTE
Certain historic information as marked is sourced from drill logs in MNDM Assessment File
records. It predates 43-101, has not been verified by a QP and therefore should not be relied
upon.
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