Fire River Gold Corp. Receives Further Revenue from Concentrate and Doré Production

Dec 21, 2011, 15:16 ET from Fire River Gold Corp.

VANCOUVER, Dec. 21, 2011 /PRNewswire/ - Fire River Gold Corp. and Mystery Creek Resources Inc. [TSX.V: FAU| OTCQX: FVGCF| FSE: FWR] (collectively "the Company") are pleased to provide this update for the Nixon Fork Mine.

A $1.0 million provisional advance was paid by Glencore this week for the fifth shipment of gold-rich copper concentrate (24 X 1 tonne bags).

The Company has also received a $417,000 payment for a sale of 230 ounces of gold doré to Auramet.

Approximately 600 troy ounces of doré has also been shipped off site to a third party for further purification before shipping to Johnson Matthey in Salt Lake City, Utah.

On behalf of the Board of Directors,

Richard Goodwin
President  & C.O.O.

Cautionary Note Regarding Forward-Looking Statements

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 or accuracy of this release. We seek safe harbour.

SOURCE Fire River Gold Corp.