20 g/t Gold Over 2.5 m At Nixon Fork  

VANCOUVER, BC - Fire River Gold Corp. reported high grade assay results from its Nixon Fork Gold Mine in Alaska. The Company has received assay results and completed careful review of holes 66 through 69. New significant intercepts include N07U068 returning grades of 20 g/t (0.58 opt) gold over 4.0 m (13.1 ft) and N07U066 returning grades of 13 g/t (0.38 opt) gold over 4.0 m (13.1 ft) as part of the ongoing geological re-evaluation program for the Nixon Fork Gold Mine in Alaska.

The re-sampling program of the 2007 drill core is essentially a modified field duplicate exercise of the original assay results. The re-sampling of the remaining half cores was fully analyzed except in rare cases where quarter cores were used. Sampling of core duplicates as compared to FAU's pulp duplicates can produce a high degree of variability in the results due to the nugget effect of gold mineralization that occurs at Nixon Fork. This nugget effect was evident in the bonanza grades reported for the 2008 drilling.

Every effort has been made to replicate the previous sample intervals except when a previous sample crossed a lithological or mineralized boundary. In these cases the new 2010 samples were terminated at such boundaries. The differences in lengths of the intervals may account for some of the variability in gold grades. In general, the assays are in conformity, especially for a comparison of field duplicate samples in a high grade, coarse gold system. Re-logging and sampling of the historic core is of critical importance to understanding the controls of gold mineralization as well as gaining confidence in the high grades. The differences in grades shown are typical of high grade, gold deposits with a significant nugget distribution.

The company's address is 2303 West, 41st Avenue, Vancouver, BC V6M 2A3, 604-685-1870, fax: 604-685-8045, email: [email protected].