Businessweek

Rainy River Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral property interests. Rainy River Property, Ontario The company holds a 100% interest in the Rainy River property, located in the southwest corner of northern Ontario. N. & M. Gerula, N. & M. Gerula 2, B. Gerula, and Teeple 3 Properties: The company has an option to earn a 100% interest in certain patented mineral rights in Sifton and Richardson Townships. Fauconnier Property: The company has an option to earn a 100% interest in certain patented mineral rights in Potts Township. Burkeland / Hann Property: The company has an option to earn a 100% interest in certain patented mineral rights in Potts Township. Katrin/Strand Property: The company has an option to earn a 100% interest in certain patented mineral rights in Sifton Township. Huitikka and Petkau Properties: The company has an option to earn a 100% interest in certain patented mineral rights in Potts and Chapple Townships. Minnesota Gold Project (Mud Creek) The company has a 100% interest in certain mineral leases covering 1,725 acres in St. Louis County in northwestern Minnesota, U.S.A. referred to as the Mud Creek Property. History Rainy River Resources Ltd. was founded in 1955.