🕐21.01.11 - 15:54 Uhr

Fire River Gold Reports New Underground Drill Holes Results: 160.5 g/t (4.68 opt
) Gold Over 2.8 m ( 9.1 ft) at 3000 Zone, Nixon Fork Gold Mine, Alaska



Add to your address book or safe list to ensure delivery of email blasts (click for instructions) Fire River Gold Reports New Underground Drill Holes Results: 160.5 g/t (4.68 opt) Gold Over 2.8 m ( 9.1 ft) at 3000 Zone, Nixon Fork Gold Mine, Alaska

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160.5 g/t (4.68 opt) gold over 2.8 m (9.1 ft) in hole N10U-024 30.5 g/t (0.89 opt) gold over 1.3 m (4.3 ft) in hole N10U-022 31.4 g/t (0.92 opt) gold over 1.0 m (3.3 ft) in hole N10U-016 Second underground diamond drill employed 28,000 metre drill program ongoing - 8800 metres drilled to date

January 21, 2011 Vancouver, Canada - Fire River Gold Corp. (TSX-V: FAU; OTCQX: FVGCF; FSE: FWR) (�FAU� or the �Company�) is pleased to announce results obtained from the 2010/2011 28,000 metre drill program at the Nixon Fork Gold Mine situated in Alaskas Tintina Gold Belt. The Company has received assay results of holes 10 through 25 (N10U-010 - N10U-025) from the 3300, 3500, and 3510 Zones.

New significant intercepts include N10U-024 returning grades of 160.5 g/t (4.68 opt) gold over 2.8 m (9.1 ft) and 31.4 g/t (0.92 opt) gold over 1.0 m (3.3 ft) in hole N10U-016. A complete list of significant intercepts is provided in Table 1. The widths of the intercepts are approximate to the true width of the mineralized intercept.

This phase of the underground drill program commenced on the 3300 Zone on the 300 level. The Company is once again encouraged with the results from the 2010 drill program, because it is exhibiting the potential to provide additional resources to the mill.

Table 1. Results from holes N10U-010 to N10U-025

Hole From To Length Length Au Au Ag Ag Cu Number (metres) (metres) (metres) (Feet) (gpt) (opt) (gpt) (opt) (%) Location 3300 Zone N10U-010 86.9 88.4 1.5 4.9 21.0 0.61 0 0 0 N10U-011 NSI N10U-012 NSI N10U-013 NSI N10U-014 52.7 54.5 1.5 4.9 5.82 0.17 1.0 0.03 0 N10U-015 NSI N10U-016 72.0 73.0 1 3.3 31.4 0.92 31 0.9 0.62 N10U-017 NSI Location 3500 & 3510 Zones N10U-018 NSI N10U-019 NSI N10U-020 Pending N10U-021 NSI N10U-022 93.4 94.69 1.3 4.3 30.5 0.89 4.0 0.12 0.02

Location 3000X Zone


N10U-023 39.2 44.5 5.3 17.4 1.7 0.05 17.5 0.51 0.11 48.2 52.3 4.1 13.5 2.04 0.06 129.2 3.77 0.4 including 51.7 52.3 0.6 2.0 7.3 0.21 39.0 1.14 0.32 N10U-024 32.6 35.4 2.8 9.2 160.5 4.68 6.0 0.17 0.02 N10U-025 35.7 37.5 1.8 5.9 2.6 0.08 9.3 0.27 0.02 45.3 47.4




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