West Vancouver, British Columbia--(Newsfile Corp. - July 17, 2017) - Rainy Mountain Royalty Corp. (TSXV: RMO) (FSE: EK7N) (the
"Company" or "Rainy Mountain") announces plans to further exploration on its optioned gold exploration property (the "Brunswick
Property" or "Property") located 140 km south of Timmins, Ontario.
Brunswick Property Additional Exploration Plans
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Trenching and sampling on the west grid of the Property to follow up on the discovery of a grab sample that assayed 6.6 gm
gold (Au).
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Follow-up step out drilling proposed around drill hole BE17-04 gold-arsenic zone.
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Trenching and proposed drilling on other IP offset zones.
Now that the assaying results from the Company's recent drill program on the Brunswick Property have been reviewed and analyzed
(see the Company's news release of July 12, 2017), the pathfinder elements can be used to vector the mineralization and a strategic
follow-up program can start immediately on the Brunswick Property. Drilling of a new sericite schist in a fifth recently discovered
shear zone on the eastern grid of the Property is proposed, as well as, step out drill holes on site BE17-04 (where anomalous gold
and arsenic values were obtained on a 2.1 km long IP trend).
Trenching and sampling of the recently discovered 6.6 gm gold showing found in pyritic volcanic tuffs will commence immediately
following a 900m long untested Induced Polarization ("IP") trend, as well as, an offset IP anomaly that is believed to be the
faulted equivalent to the new showing. Drilling is proposed after this new pyritic horizon is better understood and has been
exposed and sampled along its length. Mapping and prospecting along the full length of the 6 mile long Property is warranted given
the shears and alteration seen to date. The pathfinder elements suggest additional gold mineralized zones could occur along strike
and at depth.
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.
