Fire River Gold reported the first results obtained from the 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaska's Tintina Gold Belt. A total of 6,700 metres have been drilled to date of which 2,400 metres were on surface. The Company has received assay results from 16 of the 19 surface drill holes.

Highlights

• 37.0 g/t (1.07 opt) gold over 3.6 m (11.7 ft) in hole N10-007 including 77.9 g/t (2.27 opt) gold over 1.1 m (3.6 ft)
• 27.6 g/t (0.80 opt) gold over 1.4 m (4.6 ft) in hole N10-015
• Results pending for additional surface and underground holes
• 28,000 metre drill program ongoing
• Second diamond drill purchased and en route to mine site

"These first results from our surface drilling program are encouraging," commented Richard Goodwin, VP Mining of Fire River Gold. "They demonstrate the occurrence of high grade mineralization outside of the Crystal and Mystery Mines and affirm the possibility of extending operations by continuously replacing depleted mines with new ones through ongoing exploration."

IR Hub / Company Profile / Discussion Forum