Land Package Agreements To Extend Pipeline West/Clipper Project

VANCOUVER - Riley Gold Corp. has significantly increased its land holdings near and adjacent to the Pipeline West/Clipper Project (PWC), located 80 kilometers (km) southwest of Elko, Nevada. This strategic acquisition includes two claim blocks totaling approximately 3.25 square kms (1.26 square miles).

“We were happy to be able to execute agreements that strategically fills the gap, along strike, between our PWC property boundary and the Gold Acres/Gap/Pipeline deposits controlled by the Nevada Gold Mines JV. This property transaction was important in order to enhance Riley Gold’s district scale land package and cover the west to east extension of the Wenban geological unit that is known to be the host of gold mineralization in this district. An exploration program will be designed to enhance the known information within the district as well as garnered from previous historical work, where Riley Gold believes that the Wenban target was not tested adequately”, said, William Lamb, Executive Chairman.