Fire River Gold Corp. Tailings Sampling/Drill Program Averages 7.6 g/t Gold at Nixon Fork Gold Mine, Alaska

VANCOUVER, BRITISH COLUMBIA, Apr 06 (MARKET WIRE) --
Fire River Gold Corp. (TSX VENTURE: FAU)(OTCQX: FVGCF)(FRANKFURT: FWR)
("FAU" or the "Company") is pleased to provide an update regarding its
tailings re-processing evaluation work, being done as part of its ongoing
development of the Nixon Fork Mine Project in Alaska.

FAU is assessing the viability of re-processing an existing high grade
tailings pond through a CIL circuit as an early production scenario,
prior to the resumption of underground mining. This news release defines
the process that is being followed and gives an update of progress to
date, including results from tailings drilling and metallurgical testwork.

The Nixon Fork Mine had two prior production campaigns under different
operators, as shown in Table 1, below.

Table 1: Historic Mining and Gold Recoveries

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Recovered
Mining Tons Grade Mined --------------- Unrecovered
Period Mined Au (opt) Au (oz) Au (oz) % Au (oz)
---------------------------------------------------------------------------
1995 to 1999 134,902 1.2 165,130 137,749 83% 27,381
2007 (6mos) 19,957 0.5 9,955 6,775 68% 3,180
---------------------------------------------------------------------------
Total 154,859 1.1 175,085 144,524 83% 30,561
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The tailings are located in a dammed impoundment downstream of the
mill facility in a "Vee" shaped valley (see Figure 1:
http://www.firerivergold.com/i/pdf/040610FAU.pdf).

A total of 34 holes have been drilled in the tailings pond to test its
grade. Thirteen holes totalling 124 ft were drilled in 2004, each to a
depth of approximately 9.5 ft. In 2009 FAU drilled an additional 21 holes
ranging in depth from 8 to 30 ft, a total drilled distance of 329 ft. Not
all planned sites could be drilled, as the tailings liquefied quite
easily, especially close to the exposed water of the pond. Sampling was
done every 2.5 ft, producing a total of 133 samples, which are shown in
Table 2.

Table 2: Gold Assay Results (g/t) from 2009 Tailings Drilling Program

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From (ft) 0 2.5 5 7.5 10 12.5 15 17.5 20 22.5 25 27.5 Average
To (ft) 2.5 5 7.5 10 12.5 15 17.5 20 22.5 25 27.5 30 by Hole
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09DH3 6.2 10.4 12.5 9.3 9.9 8.4 9.4
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09DH4 7.5 7.6 11.6 7.6 7.8 8.4
---------------------------------------------------------------------------
09DH5 7.9 8.4 12.0 7.0 7.3 10.5 10.9 6.5 8.8
---------------------------------------------------------------------------
09DH6 6.3 9.2 9.9 9.6 7.1 9.8 4.7 6.4 7.9
---------------------------------------------------------------------------
09DH7 9.3 8.5 8.4 9.5 8.9
---------------------------------------------------------------------------
09DH8 9.3 6.8 10.0 10.6 9.4 10.5 10.6 10.6 9.7
---------------------------------------------------------------------------
09DH9 8.4 5.5 8.5 10.3 6.6 6.3 7.0 9.8 7.8
---------------------------------------------------------------------------
09DH10 6.9 8.6 6.2 6.6 6.5 7.0
---------------------------------------------------------------------------
09DH12 4.5 7.6 6.1 8.4 7.2 8.6 7.1
---------------------------------------------------------------------------
09DH15 7.4 6.2 8.7 9.1 7.2 9.3 10.0 7.3 8.1
---------------------------------------------------------------------------
09DH16 6.2 4.8 9.5 9.3 4.8 6.9
---------------------------------------------------------------------------
09DH18 6.0 7.0 6.4 8.4 3.2 10.9 7.0
---------------------------------------------------------------------------
09DH22 5.3 6.0 7.0 8.3 7.0 6.6 6.7
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09DH23 6.1 5.7 7.4 6.6 6.4
---------------------------------------------------------------------------
09DH25 4.0 7.1 7.6 9.1 6.7 7.3 7.0
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09DH27 6.3 7.8 7.5 8.2 8.8 6.7 7.7 6.4 7.1 9.1 12.2 12.4 8.3
---------------------------------------------------------------------------
09DH30 6.6 8.1 8.1 6.4 7.3
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09DH35 5.6 7.3 7.2 7.3 6.4 5.9 6.6
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09DH38 4.5 5.0 5.4 7.6 6.1 5.6 5.7 6.4 5.8
---------------------------------------------------------------------------
09DH42 5.1 5.9 8.0 8.0 6.9 7.2 6.9 5.7 5.7 6.6 6.6
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Ave. by
Depth 6.5 7.2 8.4 8.3 7.0 8.1 7.9 7.4 6.4 7.9 12.2 12.4 7.6
---------------------------------------------------------------------------

There does not appear to be any zoning of grade by depth. In general
the grades are higher on the NW side of the pond and generally decrease
to the east and south. The average gold grade of all 2009 samples is 7.6
g/t.

Figure 2 (http://www.firerivergold.com/i/pdf/040610FAU.pdf) shows the
location of the 2004 and 2009 drillholes. Red and magenta colors have
been used to indicate assay grades that are greater than 9 g/t.

The prior operator conducted metallurgical testwork for use in the design
of the CIL circuit. FAU conducted additional leaching tests at PRA labs
in Richmond that are in agreement with prior testwork, indicating a
cyanidation recovery of over 80% can be expected. Gravity and flotation
tests on the tailings material indicated that neither method is
appropriate. Further optimization tests are in progress to establish
design criteria for sizing equipment.

A 250 tpd CIL plant was designed, all equipment procured, and partially
installed in 2007. Nearly all equipment is new and installation is
estimated to be 60% complete.

The property has a valid cyanide use permit and a permitted and
constructed Filtered Tailings Disposal Site (FTDS, see Figure 3:
http://www.firerivergold.com/i/pdf/040610FAU.pdf). Two shallow monitoring
wells need to be installed to monitor the groundwater downstream of the
FTDS.

The Company will continue its analysis of this early production scenario,
including the following aspects:

- critical review and modification to the current design

- assessing capital requirements for completion

- estimating operating costs, revenues and cash flow from production

- evaluating the cost and benefit of a production rate increase from the
existing 250 tpd

A team has been assembled to assist FAU with this work, which visited the
site from March 23 -26. The team includes George Rawsthorne, P.Eng, who
is acting as design metallurgist, Ted Barbor, a mill operations
specialist, and Bill Wong, P. Eng who will do the design work for the
mill. They were accompanied by the original contractor from the 2007
construction program, Alaska Mechanical Inc., who will quote on an
estimate for completion.

To see Figure 4 please click on:
http://www.firerivergold.com/i/pdf/040610FAU.pdf

The analysis work is projected to be completed by the end of May 2010
with construction possible this spring and summer (2010) assuming a
positive result.

The project is being managed by Richard Goodwin, P.Eng., VP Mining for
Fire River Gold and the Qualified Person for this news release.

About Fire River Gold Corp.

Fire River Gold Corp. is a junior exploration/development company focused
on developing advanced stage gold projects in North America. The
Company's team of professionals, includes dedicated senior management,
geologists, engineers, corporate finance, investor relations experts,
corporate management, public company administrators and regulatory and
government affairs specialists. Fire River Gold is publicly traded in
Canada on the TSX Venture Exchange (FAU), in Germany on the Frankfurt
Exchange (FWR) and on the United States' OTCQX exchange (FVGCF).

On behalf of the Board of Directors

Harry Barr, President & C.E.O.

Certain information regarding the Company including management's
assessment of future plans and operations, may constitute forward-looking
statements under applicable securities laws and necessarily involve risks
associated with mining exploration and development, volatility of prices,
currency fluctuations, imprecision of resource estimates, environmental
and permitting risks, access to labour and services, competition from
other companies and ability to access sufficient capital. As a
consequence, actual results may differ materially from those anticipated
in the forward-looking statements. A feasibility study has not been
completed and there is no certainty the disclosed targets will be reached
nor that the proposed operations will be economically viable. Neither 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 accuracy of this release.

Neither 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 accuracy of this release. We seek safe
harbour.

Contacts:
Fire River Gold Corp.
Investor Relations
+1 604 685 1870 or Toll Free: 1 800 667 1870
+1 604 685 8045 (FAX)
info@firerivergold.com
www.firerivergold.com

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