Nixon Fork Gold Mine Hosts Turn Key Mine Operation

NI 43-101 indicated resource of 128,500 ounces and inferred 74,600 ounces of gold

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Message: Fire River Gold Non-Brokered Private Placement Oversubscribed




cnw


FAU: TSX.V

FVGCF: OTCQX

FSE: FWR




V

ANCOUVER, April 5 /CNW/ - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") announces that further to the news release
previously announced on March 4th, 2011, regarding a non-brokered private placement of units for total
proceeds of $7,000,000, the Company wishes to increase the financing of
the non-brokered private placement to 1,000,000 units for total
proceeds up to $7,500,000 subject to regulatory approval. All other
information from the news release dated March 4th, 2011 remains the same.


About Fire River Gold Corp.


Fire River Gold Corp. is a near term production company with an
experienced technical team focused on bringing its flagship project,
the Nixon Fork Gold Mine, back into production in 2011. The Nixon Fork
Gold Mine is a permitted and bonded mine which include a ~200 tpd
processing plant with a gravity gold circuit, sulphide flotation
circuit and a gold recovery system (CIL circuit) that is scheduled to
be completed by Summer 2011. The mine also includes a fleet of surface
& underground mining vehicles, a self‐contained power plant,
maintenance facilities, drilling equipment, an 85 person camp, office
facilities and a 1.2 km long landing strip.


A 28,000 metre exploration and ore definition drill program is in
progress to expand the current resources and support the detailed mine
plan.




Fire River Gold is a member of the International Metals Group (http://www.internationalmetalsgroup.com/">www.internationalmetalsgroup.com).


On behalf of the Board of Directors, I look forward to keeping you
updated with our corporate developments.




(signed)

Richard Goodwin

President & COO

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