Rye Patch Gold Drills New Gold and Silver Zone  

VANCOUVER, BC - Rye Patch Gold Corp reported results of the 2010 fall drilling campaign on its 100% controlled Lincoln Hill project.

HIGHLIGHTS: Drilling discovers new gold and silver zone (Jefferson) 350 metres west of the main Lincoln Hill resource area; Results show significant gold and strong silver assays located along a one kilometer strike length with values from LR-058 grading 1.6 g/t Aueq over 9.1 metres and LR-059 grading 1.3 g/t Aueq over 13.1 metres; A geophysical survey shows the Jefferson zone has a strike potential of 1.5 kilometres and indicates additional parallel zones; and

Drilling on the Lincoln Hill resource expands gold and silver mineralization to the northwest and south and confirms the resource has expansion potential in northwest and southeast directions (i.e. the resource is still open). The 2010 Lincoln Hill drilling program had two main objectives. The first goal tested the open directions of the gold and silver resource area defined in June 2010. Drilling to the northwest, southeast, and south was designed to test these open mineralized directions. Although LR-050 expanded the resource to the south, LR-048 and LR-049 define the southern boundary of the Lincoln Hill resource; however, gold and silver expansion potential remains open toward the northwest and southeast along the main Lincoln Hill dyke trend. LR-053 and LR-054 returned significant gold values and expand the Lincoln Hill resource. LR-053 returned 1.54 g/t gold over 29.0 metres including 22.6 g/t gold over 1.5 metres. Additional drilling on the Lincoln Hill resource is in the planning stages. The second goal was to test outlying geologic and geophysical targets on the property. A new zone, Jefferson, was initially identified through a ground based magnetic geophysical survey. The Jefferson corresponds to a strong magnetic high defined in the geophysical survey. The geophysical signature is traceable for over 1.5 kilometres and is parallel to the main Lincoln Hill resource. The geophysical survey, which completed over the entire Lincoln Hill property, shows additional dyke systems crossing the Lincoln Hill property. Drillholes LR-051, LR-055, LR-056, and LR-058 to LR-060 tested a portion of the geophysical anomaly and returned encouraging gold and silver values. The widely spaced drilling cut gold and silver along the Jefferson zone for approximately one kilometer. LR-058 intersected 1.6 g/t Aueq over 9.1 meters including a 1.5 metre interval returning 85.7 g/t silver. In LR-059, an interval yielded 1.3 g/t Aueq over a 13.7 meters interval. The Jefferson zone has elevated silver values. Drillhole LR-056 returned 164 g/t silver over 3.0 metres. Additional drilling is warranted. The zone has significant expansion potential for a second resource area similar to the main Lincoln Hill resource. William C. Howald, the Company's President and CEO commented, "We are extremely pleased with the outcome of the 2010 drilling program on our 100% controlled Lincoln Hill property. The drilling shows the property has good upside and expansion potential." The company's address is 1740-1177 West Hastings Street, Vancouver, BC V6E 2K3, (604) 638-1588, fax: (604) 638-1589, email: [email protected].