News Release No. 12-02
Rainy Mountain Announces Drill Program on Eva Kitto Property, Ontario
West Vancouver, British Columbia – April 25, 2012 – Rainy Mountain Royalty Corp. (the “Company” or “Rainy Mountain”) is pleased to announce that a drill program has commenced on its “Eva Kitto” Property located approximately 190 kilometres northeast of Thunder Bay, Ontario in the Eva and Kitto Townships in the Thunder Bay Mining Division. The Property is comprised of 16 unpatented, staked mineral claims with 210 claim units and covering an area of 31 square kilometres. The Property is jointly owned by the Company (85% interest) and International Bethlehem Mining Corp. (15% interest) and the Company is acting as the operator for the current exploration program.
Garry Clark, P.Geo., is acting as the Company’s Qualified Person for the Eva Kitto Property project, in accordance with regulations under NI 43-101.
For further information, contact Mr. Clive Shallow, Shareholder Communications at 604-922-2030, or visit the Company’s website at www.rmroyalty.com
Rainy Mountain Royalty Corp.
“Ronald A. Coombes”
Ronald A. Coombes, President
Neither the 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.
This news release includes certain statements that may be deemed “forward-looking statements” within the meaning of applicable securities legislation. All statements, other than statements of historical facts, that address such matters as future exploration, drilling, exploration activities, potential mineralization and resources and events or developments that the Company expects, are forward looking statements and, as such, are subject to risks, uncertainties and other factors of which are beyond the reasonable control of the Company. Such statements are not guarantees of future performance and actual results or developments may differ materially from those expressed in, or implied by, this forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking statements include such matters as market prices, exploitation and exploration results, continued availability of capital and financing, and general economic, market or business conditions. Any forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.