Rainbow to Further Explore Jewel Ridge & Gold Viking Properties
TORONTO, ONTARIO, March 26, 2013: Rainbow Resources Inc. (TSX VENTURE: RBW) (OTCQX: RIINF) (“Rainbow” or the “Company”) announces that it will utilize proceeds from its current private placement financing to fund further exploration drilling at its Jewel Ridge Property in Nevada and Gold Viking Property in the West Kootenay district of southeast British Columbia.
The Company achieved considerable success from modest drilling programs carried out at both properties in 2012 with impressive gold and silver assays as reported in earlier news releases. Rainbow is currently finalizing plans for its 2013 exploration program which will include diamond drilling at the Gold Viking property and reverse circulation drilling at the Jewel Ridge property. The Nevada drilling program will also include work on the recently acquired Croesus Mine claims.
Rainbow also announces that it will be participating in the 2013 Cambridge House Energy & Resource Investment Conference in Calgary on April 5 & 6.
For further information: President David W. Johnston – (403) 701-2781.
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