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Company Information for Fire River Gold Corp.

TSX.V-FAU; CNQ-FAU

www.firerivergold.com

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TSX.V; FAU

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Company Statement

Fire River Gold Corp. (FAU) completed its IPO at the end of May 2009. FAU is the newest member of the International Metals Group (IMG) and will have access to a well established team with over 100 years of experience working in Alaska. The primary focus of FAU is the exploration and development of gold projects in North America. The recently acquired Nixon Fork Gold Mine in Alaska has the potential to be a near term gold producer. The Company is presently negotiating additional advanced stage gold projects in North America. Management’s objective is to make FAU a North American gold producer in the next 18 months.

The International Metals Group is an organization of professionals with a wealth of experience in all aspects of the mining industry. Our group consists of a brain bank of dedicated CEOs, geologists, engineers, corporate finance, investor relations professionals, public company administrators, corporate management and marketing consultants. The companies within the group are able to share resources, costs and expertise, which provides a significant advantage in comparison to
individual public companies.

Current Operations

Nixon Fork Gold Mine

- Turn key mining operation
- Mine fully permitted and bonded
- Excellent potential for near term production
- Significant exploration upside
- Complete re-evaluation of the mine, mill, and resource in progress

Terms of the Agreement
On June 29th 2009 Fire River Gold Corp. (FAU) announced the acquisition of the Nixon Fork Gold Mine in Alaska by way of an option agreement with Pacific North West Capital Corp. (PFN). Under the terms of the agreement Fire River Gold will purchase a 100% of Mystery Creek Resources, Inc. (“MCR”) a wholly owned Alaskan subsidiary of PFN. MCR’s assets include the Nixon Fork Gold Mine located 56 kilometers northeast of McGrath, Alaska. Over a 6 month period FAU will pay PFN $500,000 and issue PFN US $2.5 million of FAU shares at $0.50 which relates to 6,415,000 or approximately 64% of the issued and outstanding shares of FAU on the release date. FAU will also issue PFN 1,000,000, in warrants with an exercise price of $0.50 cents for a period of 24 months from the date of closing of this transaction. FAU will also reimburse all expenses incurred from May 1st, 2009, until the finalization of this transaction, this amount will not exceed CAD $1,250,000. This transaction is subject to receipt of regulatory and shareholder approval where applicable.

History of The Nixon Fork
Nevada Goldfields Inc. (NGI) constructed and operated the high-grade underground gold mine from 1995-1999, recovering 137,749 ounces of gold and 2.1 million pounds of copper, with additional silver credits. The average production grade was 42 grams per tonne (gpt) of gold, with an average production cost of US$266 per ounce. The mine was closed in 1997 due to declining gold prices.

FAU believes the current resource is not fully explored. Pacific North West Capital Corp. will remain the operator of the Nixon Fork Gold Project until the closing of this transaction.

Facilities and Infrastructure
Facilities at the Nixon Fork Gold Mine include a 200 tpd floatation plant with a gravity gold separation circuit, a sulphide floatation circuit. In 2008, a CIL gold leaching circuit was purchased and approximately 60% installed. The mine also includes a fleet of mining vehicles, a self-contained power plant, maintenance facilities, drilling equipment, an 85 person camp, office facilities and a 1.5km long landing strip.

Mining and processing operations at Nixon Fork are fully permitted and bonded. Approximately 150,000 tonnes of mill tailings that a previous study showed averaged 8.1 grams per ton are being re-analysed with the objective of being processed in the CIL circuit.

Exploration Potential
As the last two operators of the project focussed most of their financial efforts on underground development, the mine infrastructure, equipment, permitting and bonding, only a limited amount of their budget was spent on the exploration upside on the Nixon Fork project. However, several new exploration targets were identified and FAU management plans to focus on these and other areas throughout the claim block with the objective of outlining new resources.

Kansas Creek Gold Project, Alaska
Fire River Gold Corp. and its US Subsidiary, Fire River Gold Corp. USA, announce the signing of a Mineral Property Acquisition Agreement pursuant to which the Company shall acquire a 100% interest from the Vendor in certain mineral claims referred to as the Kansas Creek Project. In consideration for its 100% interest in the Property the Parent Company will pay the Vendor an aggregate of US$40,000 in instalments and will also issue an aggregate of 250,000 common shares in instalments in the capital of the Parent Company.

The Kansas Creek Project is located in the Bonnifield District of the central Alaska Range in central-interior Alaska approximately 110km south of Fairbanks, Alaska and 70km east of Healy, Alaska. The Kansas Creek Project consists of 28 State of Alaska mining claims covering a 16.8 square kilometre area. Placer gold was discovered in the district in 1906 and approximately 80,000 ounces of gold have been recovered form alluvial deposits through 2008. The Company’s objective is to explore the project for lode gold potential. A three phase program totalling over US$1.0 million has been recommended. Management is currently reviewing the data on the project with the objective of outlining a Phase I exploration program.

Draken Property
Draken Property is located in Township 22 N, Range 16 E, Copper River Meridian, Tanacross C-3 Quadrangle, Alaska, U.S.A. The Company’s primary objective, using its current working capital and funds raised through the IPO, is to carry out a recommended exploration program on the Draken Property and to compile information in an effort to further define the mineralization potential of this property.

Geographical Spread

Board of Directors and Key Management

Directors

Harry Barr, President & CEO, Director:

Mr. Barr has over 30 years of experience in the mining industry and is the President, CEO and Director of Pacific North West Capital Corp. He was the founder of CanAlaska Uranium, Freegold Ventures and El Nino Ventures. In 2004 Mr. Barr set a corporate mandate to hire CEO’s and Presidents to manage the above companies. Working in conjunction with Dr. Greg Myers, Mr. Barr’s corporate objective is to finance the Nixon Fork Gold Mine and assemble a seasoned production team to move the Nixon Fork Gold Mine back into operation within the next 18 months.

Spiros Cacos, M.A., Director:

Mr. Cacos has extensive experience in Corporate Communications and Corporate Finance, specializing in public mineral exploration companies. Mr. Cacos has been responsible for advising management of the Company on public relations, corporate finance and corporate strategy. Mr. Cacos has an extensive network of contacts with the financial community including fund managers, industry analysts and media throughout North America, the United Kingdom and continental Europe.

Kevin Lawrence, Director:

Mr. Lawrence has more the 15 years of hands on experience as a business coach and has assisted hundreds of entrepreneurs and business leaders across North America and abroad to overcome major obstacles, deal with tough decisions and capitalize on new opportunities to achieve breakthrough results in their professional and personal ventures.

Linda Holmes, Director:

Ms. Holmes has been a Canadian/U.S. Regulatory Compliance Consultant to public companies since 1994. Additionally, Ms. Holmes has served as a Director of Public Relations and Compliance Manager for over 15 years for a group of publicly traded mineral exploration companies trading on the TSX and NASDAQ.

Consultants

Greg Myers, Project Manager:

Mr. Myers, PhD., P.Geo., has over 25 years of experience in the precious and base metals industry. Mr. Myers has designed and executed a number of successful exploration and mine feasibility programs for BHP Billiton, Phelps Dodge, Kennecott, and Newmont. Mr. Myers has been instrumental in the discovery and the significant expansion of 7 gold and copper mines. Mr. Myers is the VP of Business Development of Pacific North West Capital Corp. (PFN) and is the Project Manager of Nixon Fork.. Mr. Myers will be working with Mr. Barr to assemble a seasoned production team to move the Nixon Fork Gold Mine back into operation within the next 18 months.

Curt Freeman, Mining Consultant:

Mr. Freeman, M.Sc., P.Geo., has over 30 years of experience in mineral exploration and is the founder of Avalon Development Corp. one of Alaska’s biggest and best known geological consulting companies. Mr. Freeman has worked with IMG and its companies within the group and has been an instrumental figure in the success of a number of exploration projects throughout Alaska.

John Royall, Mining Consultant:

Mr. Royall, B.Sc., (Hons) P. Eng., has over 30 years experience in mineral exploration in Canada, USA, Ireland, Chile, and Mexico, including positions as manager of Canadian exploration for Union Carbide Exploration Corporation. Mr. Royall has been a consultant with IMG for the last 15 years.

Mr. John Londry, Mining Consultant:

Mr. Londry, M.Sc., P.Geo., has over 35 years in the mineral exploration and mining industry encompassing both grass roots and advanced stage exploration projects throughout Canada, USA and South America.

Company Address

2303 West 41st Avenue
Vancouver, Alberta, Canada V6M 2A3


Telephone:	+1.604.685.1870
Facsimile:	+1.604.685.8045
Website:	http://www.firerivergold.com

Capital

Issued & Outstanding 9,873,101
Full Diluted: 10,644,651

Most Recent Statement

03/03/10 - Fire River Gold Expands Management Team for the Nixon Fork Gold Mine, Alaska
01/02/10 - Fire River Gold Project Update -- Nixon Fork Gold Mine, Alaska Winter 2010
11/01/10 - Fire River Gold Corp. Commences Trading on the U.S. OTCQX International Exchange
19/11/09 - Fire River Gold Announces $10 Million Brokered Private Placement
16/11/09 - Fire River Gold Corp. Joins Agoracom and launches Online IR and Marketing Program
12/11/09 - Fire River Gold Corp. Lists on the TSX Venture Exchange -- Trade Symbol FAU

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