FAU.V ALERT

Fire River's mill cleanup adds $1.08-million revenue

2010-06-30 09:14 ET - News Release
Shares issued 47,211,797
FAU Close 2010-06-29 C$ 0.59

Mr. Harry Barr reports

FIRE RIVER GOLD GENERATES OVER $1 MILLION REVENUE FROM BALL MILL CLEAN UP AT NIXON FORK GOLD MINE, ALASKA

Fire River Gold Corp. has generated $1,082,507 of revenue from a mill cleanup program at its Nixon Fork gold mine in Alaska. Approximately 513 kg of material was removed from behind the liners of the ball mill. This material is comprised of ground ore from mining operations, steel fragments from liner wear and worn down milling balls.

A total of 900.5 ounces of gold was recovered from 373 kg of this material. The remaining 140 kg of material is comprised of steel balls and the coarsest fraction of the mined ore. The gold content in this remaining material is not known at present. This material is being leached and payment for this fraction is expected by mid-July.

Proceeds from this sale will be used to fund ongoing exploration and development of the Nixon Fork Mining Project.