Re-Evaluation Program At Nixon Fork 

VANCOUVER, BC - Fire River Gold Corp. reported additional high grade results 2.28 opt (78.03 g/t) gold over 15.8 ft (4.8 m) 4.66 opt including (159.71 g/t) over 5.9 ft (1.8 m) from the ongoing re-evaluation program on its 100% owned Nixon Fork Gold Mine Project in Alaska. In the years 2007 to 2008, the former operator drilled 9400 metres in 110 holes, the results of which have never been previously disclosed to the public. This release is the companys second reporting of relogging and sampling of drill holes completed in 2007. Eighty (80) additional drillholes completed underground from 2007 have assays pending or are pending QAQC evaluation and will be the subject of future releases. In addition, seven (7) surface holes are in the process of relogging and sampling.

Because the 2007 and 2008 results were not formerly reported, a careful review was initiated by Fire River of all quality control and quality assurance procedures used by the former operator. Although original check assays from the 2007 drill program were not documented, it is clear, however, that certified standards were used. The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results. The re-sampling of the remaining half cores, were fully analyzed except in rare cases where quarter cores were used. Sampling of core duplicates as compared to FAU's pulp duplicates can produce a high degree of variability in the results due to the "nugget effect" of gold mineralization that occurs at Nixon Fork. This nugget effect was clearly evident in the bonanza grades reported for the 2008 drilling. Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries. The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high grade, coarse gold system. The Nixon Fork project produced significant bi-product copper and silver. Until the closure of the mine in 2007, reported copper production was 1,273,066 lbs and silver production was 19,566 ounces from 106,137 tonnes mined. Historic recovered grades are about 0.6% for copper and 0.18 opt for silver. The company's address is 2303 West 41st Avenue, Vancouver, BC V6M 2A3, email: [email protected], www.firerivergold.com.