Rye Patch Gold Corp.

News Release Tuesday, February 08, 2011 Rye Patch Gold Drills Thick Zones of Gold and Silver at Gold Ridge Vancouver, British Columbia, February 8, 2011 - Rye Patch Gold Corp (TSX.V: RPM; OTCBB: RPMGF) ("Rye Patch" or the "Company") reports final results from the 2010 drilling campaign on its 100% owned Gold Ridge project. HIGHLIGHTS: - Scout drilling confirms gold and silver assays along a 2.0 kilometre zone at the Silver Ridge target; - All Silver Ridge drillholes intersected reportable gold and silver assay intervals; - Red Hill drilling cut thick gold and silver intervals along altered dike system with intense alteration; and - Drillhole results show Silver Ridge and Red Hill are potential new discoveries along the Oreana trend. The drill program tested two targets within 2,160 hectare Gold Ridge property.

A total of 1,772 meters of reverse circulation drilling was completed in thirteen drillholes before safety concerns associated with winter storms stopped the program.

At Silver Ridge, three of ten drillholes were finished while at the Red Hill target ten drillholes were completed.

Table 1 summarizes the significant gold and silver assays from all drilling at the Silver Ridge target using a 0.20 g/t Aueq cut off grade, where Aueq equals the gold assays plus silver assay divided by 50 (Aueq = Au + (Ag/50)). To see the tables associated with this news release please view the website at: http://www.ryepatchgold.com/s/NewsReleases.asp?ReportID=441271 At the Silver Ridge target, the drilling program successfully intersected significant thicknesses of gold and silver mineralization in the northern portion of the target.

Gold and silver mineralization was first identified in outcropping quartz vein alteration zones located on the east flank of a gently dipping anticline.

Anomalous gold (10ppb to 300 ppb gold) and silver (1ppm to 238 ppm silver) were reported in surface rock-chip samples.

Drillhole GR-002 targeted the core of the altered anticline and intersected a silicified and quartz-veined zone starting at a depth of 56.4 metres.

The newly identified zone contains a significant thickness of gold and silver - 0.28 g/t gold and 9 g/t silver over 39.6 metres including a three metre intercept grading 0.98 g/t gold and 18.5 g/t silver.

The significance of this intercept is the thickness of alteration and mineralization within the axial zone of the anticline suggesting a strong metal system is present.

The anticline is oriented north to south and has been mapped for two kilometres. GR-001, located 1.7 kilometres south of GR-002, intersected mineralization in a parallel quartz vein alteration zone outside of the main anticline axis.

Drillhole GR-003 targeted a quartz vein altered fault zone on the east side of the Silver ridge anticline.

Significant silver was encountered in the fault zone - 60.1 g/t silver from a 1.5 metre zone.

Only drillhole GR-002 tested the anticline target. The initial test of the Silver Ridge target shows potential for another significant mineralized zone along the Oreana trend.

A re-start of the originally planned program will commence once snow and safety concerns are mitigated.

Future fieldwork will include drilling, mapping, lithogeochemistry and ground-based geophysics to better define the anticline target toward the south. On the Red Hill target, a total of ten widely spaced drillholes were completed in the surface rock-chip and soil anomaly.

The drilling pattern covered an area measuring 800 metres long by 500 metres wide.

The drilling targeted a 20-metre thick hydrothermal breccia zone and an area of flat lying silicified and altered sediments.

Table 2 summarizes the significant gold and silver assays from drillholes in the Red Hill target using a 0.20 g/t Aueq cut off grade, where Aueq equals the gold assays plus silver assay divided by 50 (Aueq = Au + (Ag/50)).
Based on the results of the drilling, a new interpretation of the mineralized zone is developing.

Drillholes RH-001 and RH-006 returned significant thicknesses of gold and silver mineralization, 29 metres and 18.3 metres respectively, and were drilled adjacent to a mafic dike and intense silicification.

The thick, near-surface intercepts suggest a strong mineral system with mafic dikes and silicification controlling gold and silver.

A drill program targeting the dikes is being designed. William C.

(Bill) Howald, the Companys President and CEO stated, "We are pleased with the results of this first-pass scout drilling program on two of the targets at our 100% owned Gold Ridge property.

The program shows significant thicknesses of gold and silver located within favorable geologic traps.

Our goal with the next phase of drilling will be to target the higher-grade heart of each gold-silver system.

The Gold Ridge project has several other targets that will be addressed in future drill programs; however, the Silver Ridge and Red Hill are already bearing fruit." As announced on May 18, 2010, May 11, 2009, and June 2, 2009 in respect of the Lincoln Hill, Wilco, and Jessup projects, Rye Patch Golds resource inventory now totals 1,182,780 ounces of gold and gold equivalent in the measured and indicated category plus 2,727,100 ounces of gold and gold equivalent in the inferred category.

Table 3 summarizes Rye Patch Golds precious metal inventory in Nevada, USA.
Mr.

William Howald, AIPG Certified Professional Geologist #11041, Rye Patch Golds CEO and President, is a Qualified Person as defined under National Instrument 43-101.

He has verified the information contained in, and has reviewed and approved the contents of, this news release. Rye Patch Gold maintains a strict quality control program at all of its projects.

Drill samples are picked up on site by American Assays preparation and analytical facility located in Reno, Nevada.

Gold analyses are conducted on 1-assay ton prepped samples with gold determined using industry standard fire assay methods with an atomic absorption finish.

Gold over limits are determined using fire assay with a gravimetric finish.

Silver is analyzed using a four-acid digestion and an AA finish. Rye Patch Gold Corp.

is exploring well-known mineral trends in Nevada - the worlds fourth-richest gold region.

Starting with 150,000 inferred ounces of gold in mid-2007, this well-funded Company now has 1.2-million ounces of gold and gold equivalent in the measured and indicated category, plus 2.7-million ounces of gold and gold equivalent in the inferred category.

Rye Patch Gold is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets in the mining friendly state of Nevada, USA.

The Companys seasoned management team is engaged in acquisition, exploration and development of quality resource-based gold and silver projects.

Rye Patch Gold is developing its primary assets -- the advanced-stage Wilco, Lincoln Hill, Jessup, and Gold Ridge projects located along the emerging Oreana gold trend in west-central Nevada.

The Company has established gold and silver resource milestones and time frames in order to build a premier resource development company.

For more information about Rye Patch Gold, please visit our website at www.ryepatchgold.com. On behalf of the Board of Directors William Howald William C.

(Bill) Howald, CEO & President For additional information contact: Rye Patch Gold Corp Tel.: (604) 638-1588 Fax: (604) 638-1589 This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties.

The Companys actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Companys control.

These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Companys management on the date the statements are made.

The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. 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.
You can also view this News Release on our website at: http://www.ryepatchgold.com/s/NewsReleases.asp?ReportID=441271 Copyright (c) 2010 Rye Patch Gold Corp.

(RPM) All rights reserved.

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