Dec 17, 2013 - Rainbow Resources Announces Completion of Tin City Acquisition

TORONTO, ONTARIO - (December 17, 2013) Rainbow Resources Inc. ('Rainbow' or 'the Company') (TSX VENTURE:RBW)(OTC:RIINF) announces that it has completed the acquisition of the Tin City Property by submitting the final option payment of $6,000 to the former owners of the Tin City claims adjacent to its high-grade lead/silver International Property in the West Kootenays, BC. The claims comprise a total of 820 hectares and their location can be viewed in Figure 1 below.

Figure 1 - Property Location Map

 

tnw90D4rM.png


Click Image To View Full Size

The Tin City agreement, dated July 11, 2011, was originally made with Braveheart Resources Canada Inc. (acquired by Rainbow in October, 2011). The agreement was amended on July 31, 2013. Highlights of the agreement were as follows:

  • Cash payments totalling $30,000 during the period July 1, 2011 to December 1, 2013;

  • A total of 225,000 Rainbow common shares during the period July 1, 2011 to November 1, 2013;

  • A 2% NSR payable upon the initiation of commercial production on the property and,

  • Rainbow has the option of reducing the NSR to 1% by making a $500,000 cash payment to the former owners.

About Rainbow Resources:

Rainbow is a Canadian based junior exploration company focused on building shareholder value through aggressive exploration in two favourable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge gold-silver project is in the heart of a major producing district. Rainbow's shares are listed on the TSX Venture Exchange under the symbol TSX-V:RBW and on the OTC under the symbol RIINF.

Rainbow currently has 47,820,052 common shares issued and outstanding.

Contact:

Rainbow Resources Inc.
David W. Johnston
President
(403) 701-2781

info@rainbowresourcesrbw.com

Website: www.RainbowResourcesRBW.com
Rainbow on Video: http://www.rainbowresourcesrbw.com/video/

Follow Rainbow:

Twitter:
https://twitter.com/RainbowResource
Facebook: https://www.facebook.com/RainbowResources

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,(more)uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

Nov 28, 2013 - Big Strike Project Field Exploration Highlights: 85.3 g/t Au at Whitewater; 35.6 g/t Au at Referendum; 6.3 g/t Au; 130 g/t Ag at Gold Viking

TORONTO, ONTARIO - (November 28, 2013) Rainbow Resources Inc. ('Rainbow' or 'the Company') (TSX VENTURE:RBW)(OTCQX:RIINF) is pleased to announce that it has received assay results from its recent field mapping and sampling program at its key Big Strike Project in the West Kootenay Mining District near Nelson, British Columbia, Canada.

Rainbow received encouraging results from the Big Strike Project's Whitewater, Referendum and Gold Viking properties and a technical report is currently being prepared which will contain an in depth analysis of these results and recommendations for further exploration including priority targets for a future diamond drilling program.

Rock saw channel sampling at the Whitewater site returned values of 14.2 g/t Au over a width of 1.2m and Rock chip samples taken along strike returned values up to 85.3 g/t Au. Showings and adits at the Whitewater site show continuous banded veins from .5 - 2m exposed on a continuous trend over 500m. Vein systems striking N55?E with variable steep dips trending east showed strong mineralization of chalcopyrite, pyrite, pyrrhotite and molybdenum.

Chip samples taken from outcrop at the Referendum site returned values up to 35.6 g/t Au. Vein exposures indicate the presence of an echelon shear filling mineralized zone. Numerous trenches expose banded quartz veins up to 2m in width dipping vertically over 400m extend East to West. Visible gold was present in dark banded quartz veins.

Rock chip samples from the Gold Viking property returned values up to 6.3 g/t Au and 130 g/t Ag. Underground workings show dense mineralized quartz veining with open extent along strike (N30?E) and steeply dipping East. Mineralization included galena, sphalerite, chalcopyrite, and pyrite.

Table 1 provides additional highlights from the assay results.

Table 1

 

tnwwcczQK.png


Click Image To View Full Size

Mr. Jim Decker, P. Eng., Director of Rainbow Resources Inc. and a Qualified Person as defined by National Instrument 43-101, has reviewed the contents of this news release.

About Rainbow Resources:

Rainbow is a Canadian based junior exploration company focused on building shareholder value through aggressive exploration in two favourable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge gold-silver project is in the heart of a major producing district. Rainbow's shares are listed on the TSX Venture Exchange under the symbol TSX-V:RBW and on the OTCQX International under the symbol RIINF. Rainbow currently has 47,820,052 common shares issued and outstanding.

Contact:

Rainbow Resources Inc.
David W. Johnston
President
(403) 701-2781

info@rainbowresourcesrbw.com

Website: www.RainbowResourcesRBW.com
Latest Video: http://www.rainbowresourcesrbw.com/video/

Follow Rainbow:

Twitter:
https://twitter.com/RainbowResource
Facebook: https://www.facebook.com/RainbowResources

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,(more)uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

Oct 3, 2013 - Rainbow Resources Closes Initial $105,000 of Private Placement

 

TORONTO, ONTARIO, October 3, 2013 -- Rainbow Resources Inc. (TSX VENTURE: RBW) (OTCQX: RIINF) ("Rainbow" or the "Company") announces that it has closed a first tranche of $105,000 of its planned financing of $500,000.

The financing was comprised of $80,000 of units at $0.05 where each unit includes one common share and one warrant where each full warrant entitles the holder to acquire one additional common share at $0.10 for a period of 18 months. The balance of the financing, $25,000 was comprised of flow through units at $0.05 where each unit includes one flow through common share and one warrant where each full warrant entitles the holder to acquire one additional common share at $0.10 for a period of 18 months.

The proceeds of this financing are being used to advance the company's exploration projects in British Colombia and in Nevada and also for general and administrative expenses. Rainbow anticipates closing the balance of this financing by the end of October.

For further information: President David W. Johnston - (403) 701-2781.

Visit our website at www.RainbowResourcesRBW.com

About Rainbow Resources:

Rainbow is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in two favourable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge gold-silver project is in the heart of a major producing district. Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF.

Rainbow currently has 48,320,052 common shares issued and outstanding.

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,(more)uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

Aug 13, 2013 - Rainbow Resources Completes Technical Review and Plans Follow-Up Drilling Program at Jewel Ridge in Nevada

TORONTO, ONTARIO, August 13, 2013 - Rainbow Resources Inc. (TSX VENTURE:RBW) (OTCQX:RIINF) ("Rainbow" or the "Company") is pleased to announce that it has completed a comprehensive review of all available technical data associated with its Jewel Ridge property near Eureka, Nevada. This review has permitted the Company to identify several promising drill targets on the property that should be followed up on. It is anticipated that a significant portion of the funds received from the current private placement offering can be directed towards a reverse circulation drilling program at Jewel Ridge later this fall.

Background - The Jewel Ridge property is located ~5 miles south of the town of Eureka, Nevada and falls within the Battle Mountain-Eureka Trend, one of several trends across Nevada characterized by world-class sediment-hosted disseminated gold deposits. The 1,510 acre (611 hectares) Jewel Ridge property is located between the operating Barrick Gold-owned Ruby Hill mine to the north and the advanced-stage exploration project Lookout Mountain to the south, owned by Timberline Resources. 

A number of historic workings exist both within the Jewel Ridge claim blocks as well as in the adjacent claims to the north and south.  Some of the larger historic mines in the claim blocks include the Hamburg, the Peroni, the Croesus, and the Eureka (See Figure 1 attached). Based on historical records it is estimated that these mines produced approximately 35,000 ounces of gold equivalent during the period 1871 to the 1920's.

Geology - The Eureka Mining District consists of Early Cambrian through Permian carbonates, shales and quartzites, overlain by Eocene to Oligocene volcanics and intruded by several units in the Late Mesozoic and Tertiary.  Typical of Central and Eastern Nevada the entire sequence has been folded and faulted a number of times between the Pre-Cambrian through the Tertiary.  Two similar but distinct styles of mineralization have been identified within the Jewel Ridge claim block: 

  1. 1.Irregular polymetallic replacement bodies primarily isolated to the northern part of the property near the historic Croesus and Eureka mines and, 

  2. 2.Bedded replacement disseminated gold bodies to the south near the Peroni and Hamburg mines.  

These two types of deposits seem to have been the most productive within the Eureka Mining District as a whole.

The units of particular interest within the stratigraphic package at the Jewel Ridge property include the Cambrian Hamburg Dolomite and the Cambrian Dunderberg Shale.  These units have been heavily folded and faulted, resulting in a steep eastward dip to the contact.  Gold mineralization is hosted within the Hamburg dolomite, and is generally associated with dissolution-collapse breccias along faults or other structures.  Alteration associated with the deposits is similar to that of other disseminated gold deposits - decarbonatization, argillic alteration, and silicification/development of jasperoids. 

Technical Review and Analysis - A data base comprising 383 drill holes with gold assay values was assembled from various past reverse circulation drilling programs on the property summarized as follows:

-1975 - 1983 (Peter Galli)

-1984 - 1985 (Norse - Windfall)

-1992 - 1999 (Homestake)

-2004 - 2007 (Greencastle)

-2012 (Rainbow)

Table 1

table1.png

The information in this data base was utilized to construct a Leapfrog Mining model that enabled Rainbow to identify two zones with potential quantities and grades that could warrant further exploration.  A 7.5 minute DEM of the Pinto Summit was used as an elevation map, and the USGS geologic map by Nolan (1972) was used as the geologic map overlay. A structural control was placed at ~350 degree azimuth with a 60 degree dip to the east to reflect the contact between the Hamburg Dolomite and the Dunderberg Shale, as mapped by Long et al (2012). 

Gold bearing shells were generated in oz/ton Au, reflective of the assay data values using thresholds of 0.005 oz/ton, 0.01 oz/ton, and 0.03 oz/ton (0.14, 0.28, and 0.85 grams/ton) respectively. The highest assay value within the available drill hole data is 0.48 oz/ton Au (15.0 grams per ton). The resulting model indicates a series of ellipsoid pod-like gold bearing zones locally stacked that can be generalized into two zones of mineralization in the Windfall Canyon, below the Hamburg Pit (South Zone) and between the Connolly Mine and the Eureka Tunnel (North Zone).  Further review showed that all of these regions lie along the contact between the Hamburg dolomite and the Dunderberg shale. A range of tonnages and grades associated with these two zones was calculated as shown in Table 2 below, providing Rainbow with considerable encouragement to continue exploration on the property.  The potential quality and grade associated with these quantities is conceptual in nature and there has not been sufficient exploration to define a mineral resource. Furthermore, it is not certain that additional exploration will result in the target being delineated as a mineral resource. Further details, including plan and sectional views generated by the model can be obtained by visiting the Company's web site, www.RainbowResourcesRBW.com.

Table 2

table2.png

Follow-Up - Based on the technical review performed, the Company has decided to proceed with further exploration drilling as soon as appropriate funding is available. The program will be designed to focus on three targets identified from the review:

  1. 1.Step-out drilling along strike of the contact between the Hamburg Dolomite and the Dunderberg Shale.  The presence of the operating Barrick Ruby Hill mine to the north and the late-stage exploration Timberline Resources project to the south clearly indicates some lateral continuity in exploration potential. 

  2. 2.Twinning a representative number of holes in order to verify the integrity of historic drill hole data, especially those falling along the contact. 

  3. 3.Selective drilling in the area of historic workings, particularly the recently acquired Croesus claims as there may be additional exploration potential to be discovered.

Mr. Jim Decker, P. Eng., director of Rainbow Resources Inc. and a Qualified Person as defined by National Instrument 43-101, has reviewed the contents of this news release.

For further information: President David W. Johnston - (403) 701-2781.

Visit our website at www.RainbowResourcesRBW.com

About Rainbow Resources:

Rainbow is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in two favourable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge gold-silver project is in the heart of a major producing district. Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF. Rainbow currently has 45,720,052 common shares issued and outstanding.

Figure 1 - Drill Holes & Gold Bearing Zones

To View Map Image, please copy and paste URL below into a new browser:

http://thenewswire.ca/client_files/2013-08-13-3.pdf

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,(more)uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

 

Aug 6, 2013 - Rainbow Resources Completes Acquisition of Graphite Claims adjacent to Eagle Graphite property

TORONTO, ONTARIO, August 6, 2013 -- Rainbow Resources Inc. (TSX VENTURE:RBW) (OTCQX:RIINF) ("Rainbow" or the "Company") is pleased to announce that it has completed the acquisition of a 100% interest in 25 mining claims, comprising a total of 14,068 hectares, in the Valhalla range of southeastern British Columbia. Originally Rainbow had agreed to acquire 4 claims (totaling 4,123 hectares) but this has now been expanded to include an additional 21 claims (9,945 ha.).

Rainbow has agreed to pay a total of $25,000 over a 10-month period from September 2013 to May 2014 and issue 500,000 common shares of the Company. The purchase also includes the acquisition of 3 additional mining claims (4,188 ha.) adjacent to the Company’s Rhea property and 2 additional claims (42 ha.) adjacent to the Whitewater property.

These claims are strategically located in the heart of the Valhalla Metamorphic Complex in the immediate vicinity of the privately owned Eagle Graphite mine, the only operating flake graphite mine in western North America. Figure 1 shows the location of the claims, a copy of this location map is also available on the Company’s web site. Rainbow has commenced some preliminary prospecting on a portion of the property and plans to follow up with a field program of mapping and sampling this fall.

The transaction is subject to final approval of the TSX Venture Exchange.

For further information: President David W. Johnston - (403) 701-2781.

Visit our website at www.RainbowResourcesRBW.com

About Rainbow Resources:

Rainbow is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in two favourable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge gold-silver project is in the heart of a major producing district. Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF. Rainbow currently has 45,720,052 common shares issued and outstanding.

Figure 1 – Location Map

graphite.png

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,(more)uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

July 10, 2013 - Rainbow Resources Announces Non-brokered Financing

Mr. David W. Johnston reports:

TORONTO, ONTARIO, July 10, 2013:  Rainbow Resources Inc. ("RBW" - TSX.V:, "RIINF" - OTCQX: ) ("Rainbow" or the "Company") announces that it intends to complete a non-brokered financing to raise approximately $500,000.

The financing will be comprised of units at $0.05 and flow through units at $0.05. Units will include one warrant which will entitle the holder to acquire one additional common share at $0.10 for a period of 18 months. Flow through units will include one half of a warrant in which a full warrant will entitle the holder to acquire one additional common share at $0.10 for a period of 18 months. In connection with this financing, Rainbow will be paying to registered agents a commission of 8% cash and 8% broker warrants.

The proceeds of this financing will be used to continue exploration on the Company's gold and silver properties in the Slocan Valley (the Gold Viking, Referendum and Whitewater), in Nevada (the Jewel Ridge) and further prospecting and geochem analysis on the prospective graphite property adjacent to Eagle Graphite Corp's processing facility also in the Slocan Valley area of south-eastern British Colombia and for general working capital purposes.

Rainbow also announces that it is current with its option payments on the Jewel Ridge gold property in Nevada and planning is now underway to carry out a fall drilling program.   

Qualified Person

Rainbow's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a director of Rainbow who serves as a qualified person under the definition of National Instrument 43-101.

For further information: President David W. Johnston - (403) 701-2781.

Latest News: http://stocknetworkmedia.com/rainbow-resources-inc/

About Rainbow Resources

Rainbow is a Canadian-based junior exploration company focused on building shareholder wealth through aggressive exploration in two favorable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge Gold-Silver Project is in the heart of a major producing district. Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF. Rainbow has 45,720,052 common shares issued and outstanding.

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptionsthat, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

April 24, 2013 - Rainbow Resources Completes Financing

TORONTO, ONTARIO, April 24, 2013 -- Rainbow Resources Inc. (TSX VENTURE:RBW) ("Rainbow" or the "Company") is pleased to announce that it has completed the first tranche of a non-brokered private placement financing consisting of 1,325,000 units at $0.10 per unit and an additional 1,767,333 million flow-through units at $0.12 per unit for gross proceeds of $344,580.

Each of the units and flow-through units are comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional common share of Rainbow at a price of $0.15 for 24 months.

The gross proceeds from the sale of the flow-through units will be used for continued exploration at the Company's gold-silver-lead properties in southeastern British Colombia.  The net proceeds from the sale of the units will be used for exploration of the Company's Nevada properties and potential expansion of the overall land packages, and for general corporate purposes.

The offering is subject to final approval of the TSX Venture Exchange.

For further information: President David W. Johnston - (403) 701-2781.

Visit our website at www.RainbowResourcesInc.com

About Rainbow Resources

Rainbow is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in two favourable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge gold-silver project is in the heart of a major producing district. Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF.

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,(more)uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

March 26, 2013 - Rainbow to Further Explore Jewel Ridge & Gold Viking Properties

Mr. David W. Johnston reports:

TORONTO, ONTARIO, March 26, 2013:  Rainbow Resources Inc. (TSX VENTURE: RBW) (OTCQX: RIINF) ("Rainbow" or the "Company") announces that it will utilize proceeds from its current private placement financing to fund further exploration drilling at its Jewel Ridge Property in Nevada and Gold Viking Property in the West Kootenay district of southeast British Columbia. 

The Company achieved considerable success from modest drilling programs carried out at both properties in 2012 with impressive gold and silver assays as reported in earlier news releases.  Rainbow is currently finalizing plans for its 2013 exploration program which will include diamond drilling at the Gold Viking property and reverse circulation drilling at the Jewel Ridge property. The Nevada drilling program will also include work on the recently acquired Croesus Mine claims.

Rainbow also announces that it will be participating in the 2013 Cambridge House Energy & Resource Investment Conference in Calgary on April 5 & 6.

For further information:  President David W. Johnston -  (403) 701-2781. 

Visit our website at www.RainbowResourcesInc.com

About Rainbow Resources 

Rainbow is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in two favourable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge gold-silver project is in the heart of a major producing district.  Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF.   Rainbow has 41,627,719 common shares issued and outstanding.

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,(more)uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release. 

 

Feb 26, 2013 - Rainbow Resources Announces Non-brokered Financing

Mr. David W. Johnston reports:

TORONTO, ONTARIO, February 26, 2013:  Rainbow Resources Inc. ("RBW" - TSX.V:, "RIINF" - OTCQX: ) ("Rainbow" or the "Company") announces that it intends to complete a non-brokered financing to raise approximately $1 million. Senior management and their associates have announced their intention to subscribe for a minimum of $200,000 of this financing.

The financing will be comprised of both units at $0.10 and flow through units at $0.12. All units will include one warrant which will entitle the holder to acquire one additional common share at $0.15 for a period of 24 months. In connection with this financing, Rainbow will be paying a commission of 8% cash and 8% broker warrants.

The proceeds of this financing will be used to continue exploration on the Company's gold and silver properties in the Slocan Valley (the Gold Viking and the International) and in Nevada (the Jewel Ridge), on the prospective graphite property adjacent to Eagle Graphite Corp's processing facility also in the Slocan Valley area of south-eastern British Colombia and for general working capital purposes.

Rainbow is encouraged by the results of its 2012 exploration programs on its gold and silver properties, in particular the Jewel Ridge Project in Nevada and the Gold Viking Property in the West Kootenays where important recent discoveries have been made.  Samples from both properties will be on display at the upcoming PDAC Convention in Toronto where Rainbow will be participating in the Session "A" Core Shack Display. 

Qualified Person

Rainbow's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a director of Rainbow who serves as a qualified person under the definition of National Instrument 43-101.

For further information: President David W. Johnston - (403) 701-2781.

Visit our website at www.RainbowResourcesInc.com

About Rainbow Resources

Rainbow is a Canadian-based junior exploration company focused on building shareholder wealth through aggressive exploration in two favorable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge Gold-Silver Project is in the heart of a major producing district. Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF. Rainbow has 41,627,719 common shares issued and outstanding.

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptionsthat, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

 

Feb 14, 2013 - Rainbow Continues To Advance Jewel Ridge Gold-Silver Project

TORONTO, ONTARIO, February 14, 2013:  Rainbow Resources Inc. (TSX VENTURE: RBW, OTCQX: RIINF) ("Rainbow" or the "Company") is pleased to provide assay results from recent sampling and historical drilling at its Jewel Ridge Gold-Silver Project along the prolific Battle Mountain Trend in Nevada.  These highly encouraging results, combined with data released earlier this month from a 6-hole RC drill program completed by Rainbow last November, underscore the strong potential of Jewel Ridge to host a significant gold system with important silver values over a north-south trend of several kilometres.  

Highlights:

-The most significant grab samples collected up to 2.5 kilometres north of discovery hole JR-12-04 at the recently drilled Hamburg Pit returned 4.8 g/t Au and 384 g/t Ag - exceptionally high grades for this area;

-Rainbow continues to collect historical drill data which includes, among other high-grade results, 4.0 g/t Au from surface to 18.2 metres on the recently acquired Croesus claims, 1500 metres north of the Hamburg Pit and JR-12-04;

-Rainbow has officially completed the Croesus transaction and now holds a 100% interest in the former Croesus mine and adjoining claims (40 hectares), separate from the Rainbow-Greencastle Resources Ltd. (TSX.V: VGN) option agreement.   

Jim Decker, Rainbow's Vice-President Operations & Technical Services, commented:  "Our prospecting, drilling and compilation of historical data continue to accelerate this exciting project.  We recognize the strategic importance of the Croesus claims and we continue to make excellent progress in preparing a conceptual first-ever geological model for Jewel Ridge."

Details - Sampling Results

Grab samples collected from along the Dunderberg/Hamburg contact over a north-south distance of 2.5 kilometres commonly showed intense silicification and exhibited local margins of silicified hydrothermal breccia textures, classic gold host conditions for this part of Nevada.  Pervasive oxidation was most notable along strike length.  A total of 17 samples were collected.  The most significant results were as follows:  

 ----------------------------
 |Sample #|Au (g/t)|Ag (g/t)|
 |--------------------------|
 |5964    |4.8     |159.0   |
 |--------------------------|
 |4382    |4.4     |85.3    |
 |--------------------------|
 |4378    |3.2     |24.7    |
 |--------------------------|
 |4380    |2.5     |8.9     |
 |--------------------------|
 |4383    |1.9     |384.0   |
 |--------------------------|
 |4385    |1.5     |190.0   |
 |--------------------------|
 |4379    |1.4     |12.9    |
 ----------------------------

Ten additional samples returned gold values ranging from trace to 0.28 g/t, and silver values ranging from 0.5 g/t to 4.1 g/t.  Rainbow cautions that the grab samples taken at Jewel Ridge may not be representative of mineralization on the property.

Details - Historical Drill Results

The area north and northeast of discovery hole JR-12-04 drilled by Rainbow and reported February 4, 2013, is highly prospective for additional discoveries given the sampling results above, historical drill data obtained by Rainbow and favorable geology.  Below are selected historical gold drill results that Rainbow will be following up on as exploration continues at Jewel Ridge (the first three results are from the Croesus claims).  Most holes were drilled by Homestake Mining in the 1980's and 1990's:

 ------------------------------------------------
 |Drill Hole|From (m)|To (m)|Length (m)|Au (g/t)|
 |----------------------------------------------|
 |N85-36    |0.0     |18.2  |18.2      |4.0     |
 |----------------------------------------------|
 |N85-31    |15.2    |22.7  |7.5       |3.7     |
 |----------------------------------------------|
 |N84-23    |42.4    |54.5  |12.1      |2.9     |
 |----------------------------------------------|
 |N84-14    |30.3    |36.4  |6.1       |3.5     |
 |----------------------------------------------|
 |HRH-1521  |187.5   |209.3 |21.8      |1.0     |
 |----------------------------------------------|
 |HRH-1465  |121.2   |131.8 |10.6      |4.0     |
 |----------------------------------------------|
 |HRH-834   |22.7    |33.3  |10.6      |4.4     |
 |----------------------------------------------|
 |HRH-833   |93.9    |112.9 |18.1      |3.4     |
 |----------------------------------------------|
 |HRH-831   |24.2    |36.4  |12.2      |4.0     |
 |----------------------------------------------|
 |PL7-15    |4.5     |10.6  |6.1       |4.9     |
 ------------------------------------------------

Rainbow cautions that the drill results reported above are historical in nature and may not be compliant with NI-43-101 standards.  The company has not independently verified these results.  A map showing the locations of these historical holes, along with the locations of the sampling results, is available on the Rainbow web site at www.RainbowResourcesInc.com.

Qualified Person 

Rainbow's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a director of Rainbow Resources, who serves as a qualified person under the definition of National Instrument 43-101.

Quality/Assurance Control And Assaying Procedures 

Moose Mountain Technical Services follows a strict QA/QC protocol with a certified reference material (CRM), blanks and duplicate samples inserted with every 25 samples. Two CRM types were used, one as a gold reference, and as a high base metal reference. Blank samples are also certified blank material. Jewel Ridge rock samples referred to in this news release were assayed by ALS Chemex in Vancouver. Samples were weighed and crushed before a 250g sub-sample was split out. The sub sample was then pulverized to pass 200 mesh. Analysis for Au was conducted by fire assay and ICP analysis of a 30g pulp. Multi-element analysis was conducted by 4 acid digestion and ICP analysis of a 0.25g pulp.

For further information: President David W. Johnston - (403) 701-2781.

Visit our website at www.RainbowResourcesInc.com.

About Rainbow Resources  

Rainbow is a newly-listed Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in two favorable and proven mining jurisdictions - the West Kootenays in southeast British Columbia (silver, gold and flake graphite), and Nevada where Rainbow's Jewel Ridge Gold-Silver Project is in 

the heart of a major producing district. Rainbow's shares are listed for trading on the TSX Venture Exchange under the symbol RBW.V, and on the OTCQX International under the symbol RIINF. Rainbow has 41,627,719 common shares issued and outstanding.

Caution Regarding Forward-Looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information is necessarily based upon a number of estimates and assumptionsthat, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.