Rye Patch Confirms Ridge Gold/Silver Anomaly on Lincoln Hill

Thu May 29, 12:04 PM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 29, 2008) - Rye Patch Gold Corp (TSX VENTURE: RPM.V)(TSX VENTURE: RPM-WT.V) ("Rye Patch" or the "Company") reports sampling of dump material has returned significant gold and silver results from the 1,000-metre long by 90-metre wide Ridge anomaly. The results confirm and extend this previously reported target area on the Company's Lincoln Hill property. Sampling of dump material from historic workings within this zone has yielded 10 samples exceeding 1 g/t gold and includes several samples returning gold values greater than 3 g/t gold. Accompanying silver values are also considered significant and could be similar to other gold and silver mines located along the Humboldt Trend. Given the significance of these results, a detailed follow up surface rock-chip and soil sampling program is being designed. Table 1 summarizes the new gold and silver assay results.

Table 1: Gold and Silver Results of Surface Samples
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Sample ID   Gold g/t   Silver g/t       Sample ID   Gold g/t   Silver g/t
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123612         1.775        237.4          123622      0.315          3.0
123613         3.947        129.9          123623      0.005          0.7
123614         6.080        132.2          123624      1.843        149.3
123615         0.870         24.1          123625      0.274         13.4
123616         3.160        161.1          123626      0.163          5.2
123617         1.056         10.8          123627      0.110          3.5
123618         1.076         15.0          123628      0.482          4.7
123619         0.030          8.5          123629     10.960        960.6
123620         9.449       1312.9          123630      0.193         43.2
123621         1.202        630.8
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The samples listed above were collected as grab samples at dumps located near the entrance of several historic mine workings along a trend of intensely fractured and quartz-veined stockwork hosted mineralization within altered volcanic rock. The old workings are located within a series of newly defined northeasterly trending fold axis or hinge zones within the systematically deformed lithologies mapped on the property. The new mapping shows the hinge zones are one of the primary gold controls hosting high-grade gold and silver mineralization on the Lincoln Hill property. Based on the geologic mapping, the distribution of the hinge zones coincides with the historic placer mining surrounding the property where these features cross the local creeks. This relationship will be exploited for targeting on the upcoming drill program.

The Lincoln Hill and adjacent Gold Ridge property will be drilled this summer. A 2,000-metre reverse circulation drilling campaign is being permitted, and a budget of US$400,000 is approved. The Lincoln Hill/Gold Ridge project covers 3,276 acres, and securely positions the Company along Midway Gold's Spring Valley trend.

Dr. Radu Conelea, AIPG Certified Professional Geologist #06871, Rye Patch Gold's Chief Geologist, is the Qualified Person as defined under National Instrument 43-101 responsible for the scientific and technical work on the exploration program. He has verified the information and has reviewed and approved the contents of this news release.

ALS Chemex performed all analytical testing using industry-standard analytical techniques. Gold was analyzed using fire assay on a 50-gram sample with an atomic absorption finish, and a gravimetric finish on all results greater than 10ppm gold. Silver values were determined using an agua-regia digestion and ICP-mass spectrometry.

Rye Patch Gold Corp. is a Nevada-focused and discovery-driven company building a sizeable inventory of gold resource assets in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in acquisition, exploration and development of quality resource-based gold projects. Rye Patch Gold is developing its primary assets - the advanced-stage Wilco project located within the Humboldt Gold Trend in west-central Nevada and the Jessup project in Churchill County, Nevada. The Company is seeking gold opportunities that continue to create shareholder value and leverage the gold price with the goal of having 5-million ounces of gold within the next 3 years. For more information about Rye Patch Gold, please visit our website at www.ryepatchgold.com.

On behalf of the Board of Directors

William C. (Bill) Howald, CEO & President

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

Contacts

Karen Robb
Rye Patch Gold Corp.
Manager Investor Relations
(604) 638-1588
(604) 638-1589 (FAX)
Email: info@ryepatchgold.com
Website: www.ryepatchgold.com

James Buchanan
Renmark Financial Communications Inc.
(514) 939-3989
(514) 939-3717 (FAX)
Email: jbuchanan@renmarkfinancial.com
Website: www.renmarkfinancial.com