Friday, August 20, 2010

Rainy River Resources increases exploration

Rainy River Resources will be spending almost 25-million dollars over the next year on exploration activities in northern Ontario.


That's an increase of over 6-million from the last fiscal year.

Most of the money will be spent at its gold-bearing properties north of Barwick.

Three million will be used to explore of an area, 470 kilometres north of Pickle Lake, a project with Sudbury-based Northern Superior Resources