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RYE PATCH PERFECTLY POSITIONED TO DISTILL POTENTIAL OF NEVADA PROPERTIES TO SUPPLY STATE PRODUCERS DWINDLING INVENTORIES

As Bottom Line Report readers wake into a New Year with a commodities market prognostication hangover, we think the best prescription is to leave the headache inducing hype behind in 2011, roll up your sleeves and start looking for that perfect undervalued junior exploration company that is built on something more substantial than hot air.

Gold itself is glamorous; mining for gold however, is not. To succeed in gold exploration one must make use of a set of skills and virtues seemingly a world away from golds luminous luster: it takes rigorous science, dogged persistence, long term vision and keen eyed vigilance to put together promising properties and to build a top flight team to take advantage of them. While the bears, bulls, bugs and all other manner of commodities investment wildlife rabidly debate the rise and fall of precious metals, the looming possibility of catastrophic sovereign default and the very future of the world economy; its very easy to get swept up in the debate and forget about the essentials of mining and mining markets.

Well may we suggest a potential cure for what ails you? Rye Patch Gold Corp (TSX.V-RPM) may be just the tonic to restore and revive that sluggish portfolio. Rye Patch is a tightly focused junior run by a major team, well on their way to fulfilling their founding promise of proving up a 10 million ounce gold resource at their collection of 100% company controlled, 100% 43-101 compliant projects in Nevada, the worlds fourth-richest gold region. With promising results already in this year from their Lincoln Hill project, a new drill program starting up at their flagship property Wilco, and further exploration of the Jessup and Garden Gate properties, the news will be coming thick and fast throughout 2011 and based on precedent of past performance looks likely to be good news.

Rye Patch: Rocks, Resources & Realism

As opposed to many juniors in this overheated market whose high powered marketing machines seem to be getting all the investors gas money, Rye Patch is an exploration junior who have used their time, money and expertise to build themselves up from the essentials, remaining committed to those essentials as the only true way to create shareholder value. As CEO William Howald says simply and succinctly " �in exploration it always comes down to three things: the people, the places and the projects.� Well Rye Patch has all those elements and they have them in (pun intended) spades.

Speaking of the Rye Patch portfolio and its cornerstone project Wilco, Howald told us that the 2008 drill exploration program on this hallowed piece of Nevada property (trend) "�produced a number of gold intersections with multiple intervals, the resource estimates in 2009 increased inventories in the measured, indicated and inferred categories, and we are expecting discoveries at Lincoln Hill/Gold Ridge and Jessup.� All of which adds to an already impressive gold inventory (detail) and all of which will soon come a hot commodity indeed for certain Nevadans in particular. Due to astronomical demand, Nevadas major producers have depleted gold reserves in Nevada by 30% from 1998 to 2009 and they will be desperately seeking a reliable local source to replenish it. Rye Patch, working with current properties and taking advantage of market volatility to purchase more at low prices, aims to have 10 million ounces of the stuff ready for them to haul away when the majors come knocking -- cap in hand.

RYE PATCH GOLD CORP HIGHLIGHTS

Rye Patch Property Portfolio:

Wilco Project:
Wilco is Rye Patchs major Nevada asset with the technical team looking for new resources on its historically rich ground. Approx 14 square miles, the Wilco projects rich history dates back more than 100 years and includes heap leach extraction by Western States in the early 1990s. Numerous significant gold discoveries have occurred since 1905, and drilling by majors such as Freeport Exploration, Santa Fe and Newmont Mining has defined a number of targets never fully tested.

Exploring under an option agreement with Newmont Mining, Rye Patch has defined two key gold zones with resources to date of 781,000 ounces measured and indicated gold and gold equivalent plus 2,057,000 ounces inferred gold and gold equivalent. The company has completed more than 25,000 metres of reverse circulation and core drilling. Right now, a 2,500 metre core drilling program is underway to address the high-grade gold zone identified in the 2009 and 2010 drilling campaigns in the North Basin target area .

The Wilco claims are located in north-central Nevada, approximately 100 miles northeast of Reno near the Colado-Coal Canyon exit on the Interstate 80 freeway. The town of Lovelock (pop. 2,000) lies only six miles south. The property is readily accessed by I-80 and the Coal Canyon road that transects the property. Various dirt roads and tracks provide additional access.

With the Newmont Agreement, Rye Patch has earned a 100% interest in the Wilco project from Newmont Mining through the expenditure of $3 million in exploration and development. The company completed the earn-in one year ahead of the December 2010 date. Newmont can also elect to regain up to a 70% interest in the project by spending an additional $20 million in development work.

On May 11, 2009, Rye Patch Gold announced its updated NI43-101 for its 100% controlled Wilco project based on the Companys 2007 and 2008 drill results in the Willard mine area and the Colado resource area. The new resource estimate upgraded a portion of the resource to the measured category, increased the indicated gold ounces, and added significantly to the inferred gold ounces from the previously released (April 30, 2008) resource estimate. The majority of the new ounces are captured in the Section Line discovery located at the Willard mine and within the Colado resource area. The Willard and Colado resource estimates use various cutoffs for oxide and sulphide gold content.

Lincoln Hill / Gold Ridge
The Lincoln Hill and adjacent Gold Ridge have an active high-grade mining history, and these properties position Rye Patch securely along the Oreana gold trend and Rochester mining district of Western Nevada. The Lincoln Hill area has supported active exploration for nearly 150 years, and underground mining in the early 1900s reportedly averaged 7.5 ounces of gold per ton. Most of this work occurred along a 7,000-foot strike length where mine tailings and numerous dumps are found today. Significant visible gold is evident, as well.

Both Newmont Mining and Coeur dAlene Mines investigated the Lincoln Hill property in 2001 and 2002, intersecting anomalous-to-ore grade values in drilling. Analysis of both companies data by Rye Patch indicates the project contains potential for a bulk-tonnage gold/silver deposit similar to the nearby Rochester Silver Mine and Spring Valley discovery. The Rochester district has produced 4.5 million ounces of gold and 130 million ounces of silver.

The Gold Ridge property presents an opportunity to develop a substantial, bulk-minable gold deposit as well as a high-grade underground mining operation. Currently, geological mapping and geochemical sampling results are being compiled to better understand this gold-silver system and possible large diatreme-porphyry complex that has the potential to host a multi-million ounce gold-silver deposit.

Rye Patch completed two drill campaigns that outlined the Lincoln Hill resource. In June 2010, Rye Patch announced 380,000 ounces of gold and 9,488,000 ounces of silver in a NI43-101 resource report for the project. Additional drilling in the fall of 2010 produced more significant results including the identification of a new gold and silver zone. The new zone, christened the Jefferson zone, shows promise for expansion to the Lincoln Hill resource. The Jefferson zone has been drilled on wide spaced drill pattern for approximately one kilometer. Based on the results, a follow-up program is planned for 2011.

Source :

The Rye Patch Team:

Joe Kajszo
Chairman
Mr. Kajszo is a co-founder of Rye Patch Gold. A geologist by training, Mr. Kajszo co-founded and also served as President and Director of Nevada Pacific Gold Inc. from 1997 to 2004. Prior to that Mr. Kajszo served as Vice President - Exploration for Robert Friedlands Ivanhoe Capital Corp. Ivanhoes umbrella included a number of public companies such as Venezuela Goldfields (KM 88 in Venezuela), First Dynasty Gold (Fort Knox Mine in Alaska), Diamond Field Resources (Voiseys Bay massive sulfide deposit in Labrador), and African Minerals Corp (Platreef PGM-Cobalt deposit in South Africa). Mr. Kajszo has 29 years of experience in the mining and mineral exploration industry worldwide including direct involvement in projects in Africa, China and North and South America.

William C. (Bill) Howald
President, Chief Executive Officer and Director
Mr. Howald is a co-founder of Rye Patch Gold. Prior to joining Rye Patch, he was General Manager of Exploration, United States and Latin America, for Placer Dome Inc. During his tenure at Placer Dome, Mr. Howald was an integral part of the teams that delivered over 80Mozs of gold resources to the Placer portfolio. A number of these resources are now being mined; these include Pipeline, Turquoise Ridge, and Bald Mountain Mines in Nevada, and Puren in Chile. Others, such as Pueblo Viejo in the Dominican Republic, Donlin Creek in Alaska and Cortez Hills in Nevada, are in the feasibility stage and are heading for production decisions. Mr. Howald has 25 years in the international gold exploration and mining industry gained primarily in Nevada, Mexico, and Central and South America.

Mark T. Brown
Chief Financial Officer
Mr. Brown, a chartered accountant, is the President of Pacific Opportunity Capital Ltd., a company that advises and invests in emerging companies. He was formerly employed by PricewaterhouseCoopers, Miramar Mining Corporation and Eldorado Gold Corporation, and is a director or officer of several mineral resource companies. His broad experience includes raising equity and debt capital, negotiating acquisitions and dispositions, establishing and cooperating rapid growth companies and managing tax planning.

Jonathan Challis
Director
Mr. Russell has a Fellow Institution of Materials, Mining and Metallurgy (FIMMM) from Camborne School of Mines in Cornwall, UK. Mr. Russell has been retired from June 1996 to present. He is also an independent Director of Golden Reign Resources Ltd. Mr. Russell has 50 years of experience in the mining industry including VP Mining & Technology for Ivanhoe Capital Corp., General Manager for Ashanti Gold Fields in Ghana and General Manager for National Iron Ore Co. in Liberia.

The Bottom Line On Rye Patch Gold Corp.

As commodity market instability looks set to continue experienced investors will look to undervalued juniors like Rye Patch who have the rocks, the resources and the realism to patiently distill a true golden spirit from those Nevada hills.

As all our portfolios are adjusted in this fresh New Year to take quick advantage of lower priced entry points, companies exploring properties with both gold and silver will be snapped up quickly. In amongst this crowd, Rye Patch stands out because of its well-run, high-powered technical and management team. The Company is focused, driven and delivering on a compact and connected package of properties with significant potential in one the worlds highest rated gold districts. It really does seem like having BMWs engineering team working on your car in your driveway.

As we all know, bubbles and balloons tend to burst, deflate and most dangerously to distract our gaze from what lies ahead and to what whats actually lying at our feet. But investors can rest assured that Rye Patch Gold Corp is not a company interested in daydreams, preferring the sound of hammer steel singing in the Nevada mountains to that of the ponderous pronouncements from profiteering pundits. So if you are looking (and we think you should be) to capitalize on precious metal markets volatility to buffer your portfolios with an over achieving major management powered junior, we suggest you take your eyes off the sky and look down upon Rye Patchs Nevada sweet spot.

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Legal Disclaimer/Disclosure: A fee has been paid for the production and distribution of this Report. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. The Bottom Line Report makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the Bottom Line Report only and are subject to change without notice. The Bottom Line Report assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report.

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