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RVNG - Raven Gold Corp. announces today that a second load of concentrate totalling approximately 6.5 tonnes have been delivered to the smelter in Torreon
Jul 13, 2007 9:02:00 AM
LAS VEGAS, July 13 /PRNewswire-FirstCall/ - Raven Gold Corp. (OTCBB: RVNG) (the "Company"), is pleased to announce that a second load of concentrate totalling approximately 6.5 tonnes have been delivered to the smelter in Torreon with payments expected to be in approximately 30 days.

The mill continues to be fine tuned and is now generating recovery rates of approximately 83% for Silver and 85% for Gold. Recent head grades have been averaging approximately 1.9 grams Gold and 223 grams Silver. Values for this shipment average approximately 700 grams Gold and 38 Kilos Silver per tonne of Concentrate.

Blair Naughty, President of Raven Gold Corp. commented that, "We are very excited to be able to ship the second load of concentrate to the smelter in Torreon, this will in-turn generate revenues for Raven Gold, Corp. and will be used for exploration of other high grade gold and silver deposits."

About La Currita

The La Currita Groupings includes 4 mines, a 300 ton/day operating floatation mill and stockpiled ore. The La Currita mine was in steady production from 1983 until 1998. A diamond drilling exploration program conducted in 1998 indicated grades of 2.59 g/t Au and 200 g/t Ag. Existing mines and mineralized structures hold potential to increase tonnage through systematic exploration. The area surrounding La Currita has numerous mines and recent substantial discoveries. Adjacent to the La Currita holdings, Palmarejo recently merged with Coeur d'Alene Mines Corporation and Bolnisi Gold NL, in a transaction valued at approximately US$1.1 billion, creating the world's leading primary silver producer. In addition, about 20 miles to the SE is the 170,000 ounce/year Glamis Gold's El Sauzal gold mine and 40 miles to the North is Gammon Lake Resource's Ocampo Gold-Silver Project with a projected 270,000 gold-equivalent ounces/year.

About Raven Gold Corp.

Raven Gold Corp. is an international gold mining company, with exploration and development projects. Raven's mandate is to initiate an aggressive acquisition policy, focusing on under-explored to advanced stage exploration gold deposits in North and South American Countries. Raven is focused on becoming a low cost gold producer.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

CONTACT: Raven Gold Corp., Investor Relations, 1-877-31-RAVEN (1-877-317-2836), Email: [e-mail], Website: www.ravengold.com

SOURCE Raven Gold Corp.



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Raven Gold Corp.
Investor Relations
1-877-31-RAVEN (1-877-317-2836)
Email: [e-mail]
Website: www.ravengold.com