Pipeline West/Clipper Gold Project Exploration Update - Seite 2

The mapping augments the existing geophysics and soil surveys as well as identifies physical structure and subtleties on the surface.

Figure 2 - General Mapping Area in Blue Outline
https://www.globenewswire.com/NewsRoom/AttachmentNg/84e6f615-a3b9-408b ...

Geochemical results (historic and pending) from the soil and lithic chip sampling, combined with our detailed review of prior geophysical surveys, and historic drilling to the east and north of Riley Gold’s 3 km long target trend (red ellipse), will be modeled with the new mapping to help delineate specific drill targets.

About Dr. Mike Ressel:

Dr. Mike Ressel is a consulting economic geologist based in Reno, Nevada. Dr. Ressel is formerly an assistant professor at the University of Nevada, Mackay School of Earth Sciences and Engineering (“UNR”). He also worked with the Nevada Bureau of Mines and Geology. His experience includes work with consulting company Mine Development Associates. He has a long career in mining and exploration, serving as Newmont’s chief geologist in North America and working with Kinross and Victoria Resources in the US, Canada, Mexico, Africa and Australia. A major focus of his Ph.D. work was on the relationships between magmatism and Carlin-type gold mineralization on the Carlin Trend, Nevada. At UNR he led field-based studies and published numerous papers on ore deposits of the Great Basin, conducted quadrangle mapping, taught courses and advised graduate and undergraduate students in economic geology. Dr. Ressel is a renowned and respected authority on Carlin Type gold deposits.

About Riley Gold Corp.

Riley Gold is an exploration and development company focused in Nevada, USA. The Company’s primary focus is on its two cornerstone assets: the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend (within the Cortez District) and the Tokop Gold Project located within the Walker Lane Trend. Riley Gold’s founders and leadership team have a proven track record of maximizing shareholder value during each phase of the mining life cycle: exploration, development, and production.

Qualified Person

This news release has been reviewed and approved by Charles Sulfrian, CPG., Exploration Manager, of Riley Gold and a ‘qualified person’, as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Todd Hilditch
Chief Executive Officer
Tel: [phone]

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.