09:52 AM EST - Rainy River Resources Ltd. : provided an update on its planned activities for 2013. The feasibility study and permitting process respecting the Rainy River Gold Project are progressing according to schedule. Exploration drilling re-commenced in mid-January with the intent to add to the RRGP's existing gold resource of 6.2 million and 2.3 million ounces in the Measured & Indicated and Inferred categories, respectively. The Company is well funded to complete its 2013 activities, with approximately $102 million in cash and equivalents as of December 31, 2012. Rainy River Resources Ltd.
shares T.RR are trading down $0.11 at $3.98.