Fire River Drills 5.35 Metres Grading 53.98 g/t Gold At Nixon Fork

VANCOUVER, BC - Fire River Gold Corp. reported results from its underground diamond drilling program (Figure 1 and 2) at its wholly owned Nixon Fork Gold Project in Alaska. Fire River completed 27 underground diamond drill holes totalling 1422 metres targeting the 3550 ore zone in the Crystal Mine. Drilling has delineated thick intervals of high-grade gold mineralization as well as substantial zones of very high grade gold.

Drilling Highlights include: 6.36 metres grading 7.86 g/t gold in drill hole N12U-108; 5.35 metres grading 53.98 g/t gold in drill hole N12U-123; 4.28 metres grading 18.80 g/t gold in drill hole N12U-128; 3.43 metres grading 21.10 g/t gold in drill hole N12U-130 including 1.10 metres grading 48.00 g/t gold; 3.35 metres grading 57.17 g/t gold in drill hole N12U-114 including 1.93 metres grading 99.00 g/t gold.

The Company is currently operating one drill continuously at the Crystal Mine. The primary focus of this drilling to define additional resources in the 3550 ore body, including filling in gaps in known mineralization and extending open zones along strike and dip (Figure 2). This will support a more thorough understanding of the geology of this deposit and fine tune mine scheduling going forward.

Blane Wilson, President and CEO of Fire River, commented: "We are very pleased with these underground drilling results in the Crystal Mine as it continues to define and identify expansion opportunities into the new 3550 ore zone. We targeted ore zones adjacent to current mine workings and these results will support optimization of mine planning to potentially provide additional feed for the mill."