INDEE

Range River Gold announced it has signed a farm-in agreement for Indee Project, Western Australia, with North West International Investment Company Ltd. North West International Investment has the right to earn 49% interest in the project by spending $6 m on exploration and development activities over 4 years. North West International Investment is a wholly owned subsidiary of the North West Mining and Geological Exploration Group Co., Ltd, based in Xi’an, China.

Mining of the Camel pit was completed to the depth based on the stage 1 cutback. This pit will remain on care and maintenance to enable resumption of operations if sufficient ore reserves are delineated to justify a restart.

Range River Gold signed a Memorandum of Understanding with the Northwest Mining and Geological Exploration Bureau for Nonferrous Metals (NWME) in relation to an exploration farm-in agreement on RNG’s Indee tenements, Western Australia, Australia. RNG and NWME are also in discussion with respect to opportunities for joint venture arrangements on other properties. The NWME will be undertaking due diligence on the Indee property and the other opportunities with formal joint venture negotiations planned to commence in June 2008. The NWME is based in Xi’an, China. The NWME has been a successful explorer and developer of gold, base metal and ferrous metals in China and in particular the Shaanxi Province. In the quarter ended Mar31/08, the Board decided to begin winding down operations at the Indee Mine in anticipation of closure by June 2008.