Rye Patch Reports Lincoln Hill Exploration Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 9, 2013) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF)(FRANKFURT:5TN) (the "Company" or "Rye Patch") is pleased to announce an exploration update on the 100% controlled Lincoln Hill project located in Pershing County, Nevada. Exploration activities continue at Lincoln Hill with new surface rock-chip sampling results from the Independence Hill and surrounding targets zones:

• Three high-grade gold and silver structural corridors identified at Independence Hill;
• Near the historic Buck&Charlie mine, a rock-chip sample returned 37.5 g/t Au and 2,070.0 g/t Ag from a breccia outcrop. The breccia has been mapped for 380 metres along a southwest to northeast trend;
• At the historic Looney mine, a rock-chip grab sample returned 22.87 g/t Au and 9.7 g/t Ag from quartz vein material. Surface exposures in the old workings and shafts indicate the zone is at least a 300 metre strike length; and
• At the historic Octopus mine, several samples returned significant gold and silver along 160 metres of strike along the main structural zone including 1.62 g/t Au and 568.0 g/t Ag; 1.11 g/t Au and 77.6 g/t Ag; 0.05 g/t Au and 497 g/t Ag; 0.69 g/t Au and 240.0 g/t Ag. The historic workings follow a breccia zone.

Rock-chip sampling at Independence Hill located 750 metres south of the Lincoln Hill resource area shows the Lincoln Hill geologic structures along with gold and silver mineralization continue. Samples collected from outcrop exposures at the Alexander Hamilton, Buck&Charlie, Looney, Hill Top, and Octopus historic mines confirm four separate high-grade corridors crossing Independence Hill which could extend gold and silver mineralization to the south.

The Hill Top-Looney and Buck&Charlie historic mines represent two parallel trends extending south of the Lincoln Hill resource announced on September 17, 2012. The Hill Top and Looney mines are located on the same structural corridor with high-grade gold and silver sampled along 1.3 kilometres. The Hill Top mine consists of several historic workings following a quartz stockwork zone that extends for over 300 metres in a northwest-southeast orientation. The Hill Top mine returned significant lead and zinc values with lead ranging between 36 ppm to 51,100 ppm, and zinc ranging between 10 ppm to 4,694 ppm. The Buck&Charlie mine trend is located to the 750 metres east of the Hill Top-Looney trend. The structural zone has been mapped for over 400 metres.

The historic Octopus mine retuned several samples with significant gold and silver along a 160 metre structural zone. Assay values reported include 1.62 g/t Au and 568.0 g/t Ag; 1.11 g/t Au and 77.6 g/t Ag; 0.05 g/t Au and 497 g/t Ag; and 0.69 g/t Au and 240.0 g/t Ag. The historic workings follow a northwest oriented breccia zone.

The historic Alexander Hamilton mine is located 800 metres east of the historic Buck&Charlie mine and consists of a northeast oriented open-space breccia and quartz stockwork zone oriented to the northeast.

The sampling is part of a detailed mapping program focused on alteration, structural elements and geometry of the district high-grade gold and silver zones. The aim of this program is to design a drill program for the Lincoln Hill and Independence Hill areas. The presence of lamprophyre dykes, quartz stockwork, breccias bodies, and alteration similar to Lincoln Hill enforces the confidence on those targets.

Rye Patch Gold US Inc. maintains a strict quality control program at all of its projects. The rock samples are delivered to American Assay preparation and analytical facility located in Reno, Nevada. Gold analyses are conducted on 1-assay ton prepped samples with gold determined using industry standard fire assay methods with an atomic absorption finish. Gold values above 10 g/t gold (over limits) are confirmed using fire assay with a gravimetric finish. Silver is analyzed using a two- or four-acid digestion and an AA finish. Silver values over 100 g/t silver are re-analyzed using volumetric dissolution.

Mr. William Howald, AIPG Certified Professional Geologist #11041, Rye Patch Gold's CEO and President, is a Qualified Person as defined under National Instrument 43-101. He has verified the information contained in, and has reviewed and approved the contents of, this news release.

The Company is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in the acquisition, exploration, and development of quality resource-based gold and silver projects. Rye Patch Gold US Inc. controls over 100 square kilometres (40 sq. miles) along the Oreana trend located in west-central Nevada, and is developing gold and silver resources along this emerging trend. In east central Nevada, Rye Patch Gold US Inc. is exploring 66 square kilometres along the prolific Cortez trend near Barrick's two new gold discoveries. The Company has established gold and silver resource milestones and time frames in order to build a premier resource development company. For more information about the Company, please visit our website at www.ryepatchgold.com.

On behalf of the Board of Directors

William C. (Bill) Howald, CEO & President