RR Recharge Resources Ltd

Rainy River Resources Ltd. (TSX VENTURE: RR) (the "Company" or "Rainy") announces further assay results from the Rainy River Gold Project ("RRGP") in Northwestern Ontario. These results comprise the remaining 2010 drill campaign and include the first round of assays from the 2011 exploration program. None of this data has been included in the latest NI 43-101 resource estimate (3.42 M oz Measured & Indicated, 3.17 M oz Inferred, see news release dated February 24, 2011) for the RRGP. All results are summarized in Table 1, below. Significant intercepts are discussed below.

To see images associated with this release please go to the following link: http://media3.marketwire.com/docs/rr228image.pdf.

Highlights

--  942.6 g/t (27.5 oz/ton) gold and 54.2 g/t (1.5 oz/ton) silver over 3.0 m
    in newly discovered Gap Zone between ODM and Beaver Pond Zones
--  4.7 g/t gold over 7.5 metres in the Gap Zone
--  2.7 g/t gold over 37.5 m in 17 Zone, including 5.0 g/t gold over 15.0 m
--  1.4 g/t gold over 33.0 m in South Zone
--  HS Zone potential expands westward - 41.4 g/t gold over 1.5 m

ODM/17 Zone

Drilling within the ODM/17 Zone continues with efforts focused on the gap between the western ODM and the Beaver Pond Zones (referred to as the Gap Zone). Drill hole NR10-633 intersected several intervals of high-grade gold mineralization, with the most significant interval grading 942.5 g/t gold over 3.0 m, including 1,845.0 g/t gold and 99.2 g/t silver over 1.5 m and 40.1 g/t gold and 9.1 g/t silver over 1.5 m. This intersection lies approximately 150 metres east of a previously-announced high-grade intersection from the Beaver Pond Zone (352.8 g/t gold over 6.0 m in hole NR09-446, see press release dated January 18th, 2010) at a similar elevation and represents a new area for exploration. Each of these intercepts contained notable quantities of visible gold. A second interval within the GAP Zone, and lying approximately 15 metres above this high-grade interval in hole NR10-633, assayed 4.7 g/t gold over 7.5 m.

Further downhole in NR10-633 a third high-grade intersection was discovered within the HS Zone corridor, grading 41.4 g/t gold over 1.5 m. This intersection lies approximately 400 metres west of the main HS Zone mineralization and opens up the potential for a western expansion of the HS Zone.

On the east side of the deposit, drill hole NR10-620 intersected a shallow intercept in the 17 Zone grading 2.7 g/t gold over 37.5 m, including 5.0 g/t gold over 15.0 m (including 12.0 g/t gold over 1.5 m and 28.9 g/t gold over 1.5 m). This intercept lies approximately 50 metres below the surface. Deeper within the 17 Zone drill hole PE1003 intersected 48.8 g/t gold over 1.5 m in the hanging wall at a depth of 200 metres. Also in the ODM/17 Zone, drill hole NR10-612 intersected a 66.0-metre wide interval grading 1.2 g/t gold, including 7.1 g/t over 1.5 m and 6.3 g/t gold over 1.5 m, at a depth of 400 metres below the surface.

South Zone & Western Area

Results from the South Zone continue to show encouraging intercepts of gold mineralization. This area is an important component of the 2011 exploration program, where the possibility exists to add shallow resources for an open pit operating scenario both to the south and along strike. Recent assay results include 1.4 g/t gold over 33.0 m in hole SZ1001, 0.6 g/t gold over 15.0 m in NR10-612, 0.7 g/t gold over 42.0 m in NR10-619 and 1.1 g/t gold over 9.0 m in hole NR10-625.

Grass roots exploration in a new area approximately 800 metres northwest of the Beaver Pond Zone, termed "Western Area", has returned encouraging results including 1.1 g/t gold over 4.5 m and 0.6 g/t gold over 22.5 m in drill hole R10-618. Hole CP1002 returned similar values, with 0.5 g/t gold over 7.5 m and 1.1 g/t gold over 4.5 m, near surface.

Commentary

"These initial results from our 2011 drill program are an excellent beginning to expand our resources from our recently announced NI 43-101 resource estimate," commented Raymond Threlkeld, President and CEO. "The area between the Beaver Pond and ODM Zones is possibly another high-grade structural shoot, similar to others we've seen throughout the deposit. The discovery of gold-bearing mineralization over 800 metres along strike in the newly discovered Western Area to the northwest of Beaver Pond opens up significant untested exploration potential."

Qualified persons

Rainy River's exploration program in Richardson Township is being supervised by Kerry Sparkes, P.Geo. Vice-President Exploration, a Qualified Person as defined by National Instrument 43-101. Garett Macdonald, P.Eng., Vice President Operations and Kerry Sparkes P.Geo. are the persons responsible for the content of this news release. The Company continues to implement a rigorous QA/QC program to ensure best practices in sampling and analysis of drill core. All drill core is marked for sampling and then split in half with a diamond saw blade. Samples are placed in sealed bags with security tags. All samples were assayed using a standard fire assay, 30 gram nominal sample weight with an AA finish. Over-limit samples were re-assayed with a gravimetric finish. Samples with visible gold were automatically analyzed for Ore Grade by 1000g screen fire assay, with coarse and fine fractions being combined proportionately and the fine fraction being assayed twice. Standards, blanks and duplicates are inserted every 25 metres. ALS Canada Ltd. performed primary assaying, with duplicates being analyzed at Activation Laboratories Ltd. ALS Canada Ltd. and Activation Laboratories Ltd. implements independent QA/QC protocols that include the insertion of certified blanks and standards as part of their routine analysis.

About Rainy River Resources Ltd.

Rainy River Resources is a Canadian precious metals exploration company whose key asset is the Rainy River Gold Project. With over CAN$130 million in its treasury, the Company is well funded to conduct a dual-focused drilling program consisting of: 1) definition diamond drilling of the main gold resources in preparation for scoping and pre-feasibility studies, and 2) selective diamond drill testing of high-priority gold targets defined primarily by RC drilling within the large gold system centered in Richardson Township. The Company's property is extremely well located in the southwestern corner of northern Ontario near the U.S. border. It is accessed by a network of roads and is close to hydro-electric infrastructure. The Rainy River district has a skilled labour force and is one of the lowest-cost areas for mineral exploration and development. The Company is also working to advance the early-stage discoveries at its TPK Joint Venture Property, also in Ontario, where it can earn a 51% interest in the property from Northern Superior Resources. Ontario has low political risk and, according to the annual Fraser Institute global survey of the mining industry, has consistently ranked as one of the top jurisdictions embracing mineral development.

RAINY RIVER RESOURCES LTD.

Raymond W. Threlkeld, President & CEO

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include gold prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, continued availability of capital and financing and general economic, market or business conditions. The Company cautions that the foregoing list of important factors is not exhaustive. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. Please see the public filings of the Company at www.sedar.com for further information.

Table 1 Summary of Results
----------------------------------------------------------------------------
Hole-ID    Section Elevation From (m) To (m) Length (m) Au g/t      Comments
----------------------------------------------------------------------------
CP1001      424127        54    66.5   68.0        1.5     1.1  WESTERN AREA
            424124       132   165.5  167.0        1.5     1.7  WESTERN AREA
            424123       177   224.0  225.5        1.5     1.1  WESTERN AREA
----------------------------------------------------------------------------
CP1002      424173        58    68.0   75.5        7.5     0.5  WESTERN AREA
            424170       145   179.0  183.5        4.5     1.1  WESTERN AREA
----------------------------------------------------------------------------
PE1001      426248        94   115.3  116.0        0.7     2.3         HW 17
            426260       491   594.5  600.5        6.0     3.0       EAST 17
----------------------------------------------------------------------------
PE1002      426283       508   618.5  621.5        3.0     2.0       EAST 17
            426286       547   666.5  668.0        1.5     1.1       EAST 17
----------------------------------------------------------------------------
PE1003      426251       160   198.5  200.0        1.5    48.8         HW 17
----------------------------------------------------------------------------
SZ1001      425121       409   430.5  463.5       33.0     1.4         SOUTH
            425165       694   778.5  780.0        1.5     1.4     ODM DEEPS
            425167       701   787.5  789.0        1.5     1.1     ODM DEEPS
----------------------------------------------------------------------------
NR10612     425280       206   213.5  228.5       15.0     0.6         SOUTH
            425314       489   512.0  578.0       66.0     1.2     ODM DEEPS
  INCL      425312       478   531.5  533.0        1.5     7.1     ODM DEEPS
  AND       425316       506   564.5  566.0        1.5     6.3     ODM DEEPS
----------------------------------------------------------------------------
NR10614     426049        68    72.0   81.0        9.0     0.9       17 ZONE
----------------------------------------------------------------------------
NR10615     426126        48    44.0   54.5       10.5     0.8       17 ZONE
----------------------------------------------------------------------------
NR10616     426147        73    85.5  114.0       28.5     0.8       17 ZONE
----------------------------------------------------------------------------
NR10618     424225        58    69.5   74.0        4.5     1.1  WESTERN AREA
            424225       102   116.0  138.5       22.5     0.6  WESTERN AREA
----------------------------------------------------------------------------
NR10619     425139       386   393.0  435.0       42.0     0.7         SOUTH
            425170       691   762.0  763.5        1.5     3.8     ODM DEEPS
            425174       715   790.5  791.5        1.0    16.3     ODM DEEPS
----------------------------------------------------------------------------
NR10620     425243       267    62.0   99.5       37.5     2.7       17 ZONE
  INCL      426150        65    71.0   86.0       15.0     5.0       17 ZONE
  INCL      426150        59    71.0   72.5        1.5    12.0       17 ZONE
  AND       426149        71    84.5   86.0        1.5    28.9       17 ZONE
NR10620     426149        94   111.5  113.0        1.5     1.7       17 ZONE
----------------------------------------------------------------------------
NR10621                                                                  NSA
----------------------------------------------------------------------------
NR10622                   59    74.0   75.5        1.5     1.1  WESTERN AREA
----------------------------------------------------------------------------
NR10623     425924        64    69.5   74.0        4.5     0.5            HS
            425922       200   216.5  243.5       27.0     0.6            HS
----------------------------------------------------------------------------
NR10624                                                                  NSA
----------------------------------------------------------------------------
NR10625     425134       346   382.5  391.5        9.0     1.1         SOUTH
----------------------------------------------------------------------------
NR10626     424479       332   417.5  419.0        1.5     2.0  WESTERN AREA
----------------------------------------------------------------------------
NR10627                                                                  NSA
----------------------------------------------------------------------------
NR10628     425926        79    93.5   95.0        1.5     1.0            HS
            425926       122   146.0  147.5        1.5     1.5            HS
            425926       213   257.0  258.5        1.5     4.2      433 EAST
----------------------------------------------------------------------------
NR10629     425046       451   471.0  489.3       18.3     1.0         SOUTH
            425081       689   753.0  754.5        1.5     1.2     ODM DEEPS
            425085       712   780.0  781.5        1.5     0.4     ODM DEEPS
            425087       722   792.0  793.5        1.5     1.8     ODM DEEPS
            425087       727   798.0  799.5        1.5     1.3     ODM DEEPS
----------------------------------------------------------------------------
NR10630     425900        50    57.5   63.5        6.0     1.2            HS
            425900        68    80.0   84.5        4.5     2.1            HS
----------------------------------------------------------------------------
NR10631     424425        74    93.3   95.0        1.7     1.4  WESTERN AREA
----------------------------------------------------------------------------
NR11632     425948        60    74.0   75.5        1.5     1.2            HS
            425944       148   186.5  188.0        1.5     1.5        FW 433
----------------------------------------------------------------------------
NR11633     425033       152   189.0  190.5        1.5     1.4        HW GAP
            425031       189   235.5  243.0        7.5     4.7       THE GAP
  INCL      425031       190   238.5  240.0        1.5    17.3       THE GAP
            425030       205   256.5  259.5        3.0   942.6       THE GAP
  INCL      425030       204   256.5  258.0        1.5  1845.0       THE GAP
  AND       425030       205   258.0  259.5        1.5    40.1       THE GAP
            425026       262   333.0  334.5        1.5     2.5        FW GAP
            425020       343   442.5  444.0        1.5    41.4            HS
            425018       384   499.3  501.0        1.7     5.2            HS
----------------------------------------------------------------------------
NR11634     425019        61    69.0   70.5        1.5     1.2        HW CAP
            425018        87   102.0  103.5        1.5     1.5        HW CAP
----------------------------------------------------------------------------
NR11635     425019       426   522.0  523.5        1.5     1.4    HW ODM GAP
            425023       471   580.5  582.0        1.5     1.9    HW ODM GAP
            425026       508   604.5  657.0       52.5     1.1  ODM DEEP GAP
  INCL      425024       489   604.5  606.0        1.5    10.1  ODM DEEP GAP
----------------------------------------------------------------------------
NR11638     425631       129   158.0  159.5        1.5     1.2      433 WEST
            425634       182   218.0  230.0       12.0     0.8        433 FW
----------------------------------------------------------------------------

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

Contacts: Rainy River Resources Ltd. Liz Caridi Director of Investor Relations and Corporate Governance (604) 639-4497 lcaridi@rainyriverresources.com www.rainyriverresources.com