VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 6, 2013) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF)(FRANKFURT:5TN) (the "Company" or "Rye Patch") describes its Coeur Rochester mine 3.4% net smelter return (NSR) royalty cash flow model so that investors can have a better understanding of its value and cash revenue stream to the Company over the next four years. The information is based on Coeur Mining, Inc.'s published National Instrument 43-101 technical report dated effective January 1, 2013 (the "Technical Report") in respect of the Coeur Rochester Mine located along the Oreana trend in Pershing County, Nevada. 

• Pursuant to the June 25, 2013 settlement between the Company and Coeur Rochester Inc. (Coeur Mining, Inc.'s wholly-owned subsidiary), the Company will receive a 3.4% NSR from all silver equivalent ounces produced and sold until 39.4 million ounces of silver equivalent ounces have been produced and sold from the Coeur Rochester mine;
• Using Coeur Mining Inc.'s Technical Report, the royalty is projected to yield total cash disbursements of US$32 million to Rye Patch between January 1, 2014, and December 31, 2017;
• The NSR will be paid quarterly, and the revenue stream is estimated to provide between US$6.79 million to US$8.56 million annually between January 1, 2014, and December 31, 2017; and
• The NSR's actual annual cash revenue stream is dependent on the gold and silver price received from the sale of gold and silver during each quarter of the royalty.

In addition, as part of the announced June 25, 2013 settlement, the Company completed the acquisition of the Blue Bird patented mining claim located adjacent to the Lincoln Hill project. The acquisition consolidates the mineral title and connects the mineral trends between Lincoln Hill and Independence Hill giving the project significant upside potential.

Given the immense upside potential along the Oreana trend at Wilco, Gold Ridge and Lincoln Hill projects, the Jessup project has become a low priority. A portion of the property, the Snowwave lease, was terminated. The Allied Nevada and Mough leases remain in effect, and the Company has retained its 100% owned claims.

Mr. William Howald, AIPG Certified Professional Geologist #11041, Rye Patch Gold's CEO and President, is a Qualified Person as defined under National Instrument 43-101. He has verified the information contained in, and has reviewed and approved the contents of, this news release.

The Company is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in the acquisition, exploration, and development of quality resource-based gold and silver projects. Rye Patch Gold US Inc. controls over 75 square kilometres (30 sq. miles) along the Oreana trend located in west-central Nevada, and is developing gold and silver resources along this emerging trend. In east central Nevada, Rye Patch Gold US Inc. is exploring 66 square kilometres along the prolific Cortez trend near Barrick's new gold discovery. The Company has established gold and silver resource milestones and time frames in order to build a premier resource development company. For more information about the Company, please visit our website at www.ryepatchgold.com.

On behalf of the Board of Directors

William C. (Bill) Howald, CEO & President

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the financial position of Rye Patch; the timing and content of work programs; the results of exploration activities and development of mineral properties; the interpretation of drilling results and other geological data; the reliability of calculation of mineral resources (and, in respect of the Coeur Rochester mine 3.4% NSR, the reliability of calculation of Coeur's mineral resources and reserves); the reliability of calculation of precious metal recoveries; the receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses; fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.