Infill Drilling at Rainy River Returns 58.0 g/t Gold Over 3.0 Metres

10/26/2010

TORONTO, ONTARIO -- (MARKET WIRE) -- 10/26/10 -- Rainy River Resources Ltd. ("Rainy River" or the "Company") (TSX VENTURE: RR) is pleased to announce drill results from the Rainy River Gold Project in Northwestern Ontario.

Highlights

--  Ongoing infill drilling at Rainy River continues to deliver high grade
    results
--  HS Zone returns 58.0 g/t gold over 3.0 metres, including 113.6 g/t gold
    over 1.5 metres
--  433 Zone high grade intercepts continue with 33.6 g/t gold over 3.0
    metres
--  ODM infill returns thick intercepts of 3.7 g/t gold over 43.5 metres and
    2.5 g/t gold over 40.5 metres

The latest series of results from the Company's infill drilling program at the Rainy River Gold Project are reported here with assays for 7 drill holes, summarized below in Table 1 - Summary of Results.

To view the maps associated with this release, please click here: .http://media3.marketwire.com/docs/rr1026ma.pdf

HS & 433 Zone

The most recent infill results from the 433 and HS Zones demonstrate the presence of high grade gold mineralization between 70 metres and 300 metres below surface. The HS Zone lies stratigraphically and structurally above the 433 Zone and remains an attractive target for additional ounces. Drill hole NR10-572 was designed to infill the 433 Zone but also intersected high grade gold mineralization in the HS Zone, yielding 3.0 meters of 58.0 g/t gold including 1.5 metres grading 113.6 g/t gold. Further down the same hole, a second high grade intercept was reported in the 433 Zone - 3.0 metres of 33.6 g/t gold including 1.5 metres grading 51.5 g/t gold. Other results within the 433 Zone include NR10-571 with 12.3 g/t gold over 1.5 metres (433 HW) and NR10-563 with 1.7 g/t gold over 32.4 metres, including 6.0 metres of 5.7 g/t gold.

ODM Zone

In the ODM Zone, excellent grades and widths were obtained in the latest round of infill drilling. Two holes in particular show the bulk mining potential of the zone with drill hole NR10-567 intersecting 43.5 metres grading 3.7 g/t gold, including 15.0 metres grading 6.7 g/t gold, which in turn includes two 1.5 metre intervals grading 21.4 and 17.4 g/t gold at a depth of approximately 300 metres. Drill hole NR10-531 also intersected a wide interval with an intercept of 40.5 metres that assayed 2.5 g/t gold, including 3.0 metres of 21.5 g/t gold and 1.5 metres of 25.2 g/t gold at a depth of 594 metres. Other notable results within the ODM Zone include hole NR10-558 with 52.5 metres grading 0.83 g/t gold and NR10-568 with 16.5 metres of 0.66 g/t gold and 10.5 metres of 0.74 g/t gold.

Commentary

"These results highlight the size and quality of the gold system we are dealing with," commented Raymond Threlkeld, President and CEO. "The flexibility the deposit offers for development, combined with local infrastructure and availability of labour and services, set it apart from other major gold deposits in Canada. The infill program has also shown that the 433 and ODM Zones remain open below 600 metres and the potential to discover additional resources is very good, given our deepest intercept of 11.5 g/t gold over 3.0 metres at approximately 1,300 metres below surface. We will be following up on the best step-out targets in the new year with an initial 50,000 metre exploration program, including testing the down-dip extension of our primary gold zones to 2,000 metres below surface."

Qualified persons

Rainy River's exploration program in Richardson Township is being supervised by Stuart Averill, P.Geo. Vice-President Exploration, a Qualified Person as defined by National Instrument 43-101. Garett Macdonald, P.Eng., is the person responsible for the content of this news release. The Company continues to implement a rigorous QA/QC program to ensure best practices in sampling and analysis of drill core. The procedures of the QA/QC program are detailed on Rainy River's website at www.rainyriverresources.com.

About Rainy River

Rainy River is a Canadian precious metals exploration company whose key asset is the Rainy River Gold Project. With approximately $75 million in its treasury the Company is well funded to conduct a dual-focused drilling program consisting of: 1) definition diamond drilling of the main gold resources in preparation for scoping and prefeasibility studies, and 2) selective diamond drill testing of high-priority gold targets defined primarily by RC drilling within the large gold system centered in Richardson Township. The Company's property is extremely well located in the southwestern corner of Northern Ontario near the U.S. border. It is accessed by a network of roads and is close to hydro-electric infrastructure. The Rainy River district has a skilled labour force and is one of the lowest-cost areas for mineral exploration and development. Ontario has low political risk and, according to the annual Fraser Institute global survey of the mining industry, has consistently ranked as one of the top jurisdictions embracing mineral development.

RAINY RIVER RESOURCES LTD.

Raymond Threlkeld, President & CEO

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Table 1: Summary of Results
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                                      FROM           LENGTH     AU
HOLE-ID  SECTION ELEVATION Vertical    (m)  TO (m)      (m)  (g/t)  ZONE
---------------------------------------------------------------------------
NR10531   425235        34     -316  339.5  341.00      1.5   1.31  SOUTH
          425268      -246     -596  642.5  683.00     40.5   2.46  ODM
    INCL  425268      -243     -593  657.5  660.50      3.0  21.47  ODM
    INCL  425268      -242     -592  657.5  659.00      1.5  17.71  ODM
     AND  425268      -244     -594  659.0  660.50      1.5  25.23  ODM
---------------------------------------------------------------------------
NR10558   425327       108     -242  234.0  286.50     52.5   0.83  ODM
    INCL  425326       127     -223  238.5  240.00      1.5   6.52  ODM
          425331       -56     -406  439.5  441.00      1.5   3.14  HS
---------------------------------------------------------------------------
NR10563   425723     206.3     -144  144.5  146.00     1.50   4.04  HS
          425726      82.9     -267  270.5  272.00     1.50   5.29  433 HW
          425728      41.5     -308  298.1  330.50    32.40   1.67  433
    INCL  425729      28.5     -322  324.5  330.50     6.00   5.66  433
    INCL  425729      30.6     -319  324.5  326.00     1.50  16.79  433
---------------------------------------------------------------------------
NR10567   425440        59     -291  292.5  336.00     43.5   3.74  ODM
    INCL  425440        56     -294  310.5  325.50     15.0   6.71  ODM
    INCL  425439        62     -288  310.5  312.00      1.5  21.44  ODM
     AND  425440        49     -301  324.0  325.50      1.5  17.39  ODM
NR10567   425443        17     -333  358.5  361.50      3.0   2.06  HS
---------------------------------------------------------------------------
NR10568   425519       287      -63   64.5   70.50      6.0   0.67  CAP
          425547       -97     -447  490.5  507.00     16.5   0.66  ODM
          425549      -113     -463  513.0  523.50     10.5   0.74  ODM
---------------------------------------------------------------------------
NR10571   425721        68     -282  278.0  287.00      9.0   2.48  433 HW
    INCL  425721        66     -284  284.0  285.50      1.5  12.29  433 HW
          425722       -17     -367  365.0  371.00      6.0   0.81  433
---------------------------------------------------------------------------
NR10572   425796       279      -71   90.5   93.50      3.0  58.00  HS
    INCL  425796       280      -70   90.5   92.00      1.5 113.61  HS
          425793       191     -159  204.5  211.70      7.2   0.94  433
          425793       170     -180  227.0  245.00     18.0   0.70  433
          425793       144     -206  269.0  272.00      3.0  33.63  433
    INCL  425793       145     -205  269.0  270.50      1.5  51.53  433
     AND  425793       144     -206  270.5  272.00      1.5  15.72  433
          425800        52     -298  392.0  393.50      1.5   6.38  433 FW
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Neither 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.

Contacts:
Rainy River Resources Ltd.
Liz Caridi
Director of Investor Relations and Corporate Governance
(604) 639-4497
lcaridi@rainyriverresources.com
www.rainyriverresources.com