Friday, October 22, 2010

Update on Rainy River Resources Project

(Rainy River Resources photo)

Rainy River Resources has released the latest results of its drilling program at its exploration project north of Barwick.

The company says it continues to be pleased with the findings.

President Ray Threlkeld says all of the information collected is vital in determining the project's future.

"We'll use that resource information to define within some level of accuracy what the capital costs might be," says Threlkeld, "what the configuration of a mining scenario might be, whether it be open pit or underground.

The company plans to continue drilling until the middle of November with underground exploration planned for early next year.