West Vancouver, British Columbia--(Newsfile Corp. - June 8, 2017) - Rainy Mountain Royalty Corp. (TSXV: RMO) (FSE: EK7N) (the "Company" or "Rainy Mountain") has completed 14 drill holes (2121m)
on its optioned gold exploration property (the "Brunswick Property" or "Property") located 140 km south of Timmins, Ontario.
The core from the initial six holes drilled has been logged and split and submitted for assay. The core from two additional
drill holes will be logged, split and submitted for assay later this week. The first six drill holes (1038m) tested four different
iron carbonate-sericite deformation (shear) zones that flank the Ridout Fault Zone. These intersections all contained
quartz-ankerite veins with sulphides and minor sphalerite (zinc). All of the alteration zones yielded arsenic-antimony pathfinder
elements in the trenching that was carried out prior to drilling.
Robert Middleton, P. Eng. and Qualified Person for the Brunswick Property project, has indicated that intense shearing and
deformation has occurred throughout the length of these structures, creating an ideal setting for gold mineralization. Other
favourable associated rock units found by drilling were variolitic basalt, spherulitic basalt, leucoxene basalt, quartz eye
porphyry and ultramafics, all with intense sericite-carbonate alteration. A previously completed combined magnetic and induced
polarization survey traced these favourable structures for 2.4 km on one section of the six mile (9.6 km) long Brunswick Property
and the Company believes these structures could continue for another two miles (3.2 km) across the remaining length of the
Property.
At this time, the Company anticipates that the recently completed drill program will set the stage for further grid expansion,
geophysics and trenching, and will thereafter be followed by another planned phase of drilling. Further infill work and analysis
needs to be done prior to finalizing additional drill targets.
Logging and splitting will continue for another week to prepare the remaining samples for submission to the preparation lab and
subsequent assay analysis by ALS Minerals. All assay results will be reported by the Company once received and reviewed.
This news release has been reviewed and approved by Robert Middleton, P.Eng., who is acting as the Company's Qualified Person
for the Brunswick Property project, in accordance with regulations under NI 43-101.
For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, or visit the Company's website
at www.rmroyalty.com.
RAINY MOUNTAIN ROYALTY CORP.
"Douglas L. Mason"
_________________________________
Douglas L. Mason, Chief Executive Officer
Neither the 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
This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of
applicable securities legislation. All statements, other than statements of historical facts, that address such matters as future
exploration, drilling, exploration activities, potential mineralization and resources and events or developments that the Company
expects, are forward looking statements and, as such, are subject to risks, uncertainties and other factors of which are beyond the
reasonable control of the Company. Such statements are not guarantees of future performance and actual results or developments may
differ materially from those expressed in, or implied by, this forward-looking information. Factors that could cause actual results
to differ materially from those in forward-looking statements include such matters as market prices, exploitation and exploration
results, continued availability of capital and financing, and general economic, market or business conditions. Any forward-looking
statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of
the current date and subject to change after that date and the Company does not undertake any obligation to update publicly or to
revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be
required by applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein
in the United States. The securities described herein have not been and will not be registered under the United States Securities
Act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent
an exemption from the registration requirements of such Act.
