Advanced-Stage Oxide Gold-Silver Project To Be Acquired

VANCOUVER - Raindrop Ventures Inc. announced the completion of a letter of intent (LOI) to acquire the Jessup gold-silver exploration project in Churchill County, Nevada from JMX, LLC. Raindrop recently completed negotiations based upon a previously announced LOI to reach a suitable agreement. The Project hosts a historical gold-equivalent resource containing 331,800 ounces at 0.606 grams per tonne. The Raindrop and Owner have entered a 45-day closing period to finalize drafting of a definitive purchase agreement.