LOM

Rye Patch Gold Corp (TSX VENTURE:RPM)(OTCQX:RPMGF)(FRANKFURT:5TN) (the "Company"
or "Rye Patch") announces that it has filed a technical report entitled
"Preliminary Economic Assessment, RYE PATCH GOLD CORP., Lincoln Hill Property,
Pershing County, Nevada, USA" dated July 2, 2014. The report, prepared by Metal
Mining Consultants, Inc., was completed pursuant to National Instrument 43-101
in support of the Company's May 21, 2014 news release which details the results
of the Lincoln Hill Preliminary Economic Assessment ("PEA").


Highlights of the report are:



--  Base Case Pre-tax IRR of 76.5% and NPV (5% discount rate) of US$64.2M; 
--  Average annual production of 33,000 Au ounces and 753,000 Ag ounces per
    year with a peak annual production of 63,700 Au ounces and 1,011,000 Ag
    ounces; 
--  Life of Mine ("LOM") cash cost of US$575 per Au equivalent ("AuEq")(1)
    ounce, and total costs of US$759 per AuEq(1); and 
--  Drilling on the Independence Hill and Roosevelt targets has potential to
    expand the resource and enhance the project economic model.



( 1 )AuEq. means gold and silver equivalence at a gold-silver ratio of 1:67
based on price and recovery. 


The Company cautions that the PEA is preliminary in nature in that it is based
on Inferred Mineral Resources which are considered too speculative geologically
to have the economic considerations applied to them that would enable them to be
characterized as mineral reserves, and there is no certainty that the PEA will
be realized. Mineral resources that are not mineral reserves do not have
demonstrated economic viability. 


The full report can be found under the Company's profile on SEDAR, available at
www.sedar.com.


About Rye Patch Gold Corp.

Rye Patch Gold Corp. is a Tier 1, well-funded junior mining company with a
royalty revenue stream from the operating Rochester silver mine and significant
gold and silver resources, all located in the mining friendly state of Nevada,
USA. The Company's seasoned management team is engaged in the acquisition,
exploration, and development of quality resource-based gold and silver projects.
Rye Patch Gold US Inc. controls over 75 square kilometres (30 sq. miles) of
land, and has a 3.4 % Net Smelter Return (NSR) royalty from the Rochester silver
mine along the Oreana trend located in west-central Nevada. The Company is
aggressively developing gold and silver resources along this emerging trend,
utilizing existing funds and cash flow from the NSR royalty which is fully
leveraged to the price of gold and silver. In east central Nevada, Rye Patch
Gold US Inc. is exploring 66 square kilometres of exploration land along the
prolific Cortez trend contiguous to Barrick's new Goldrush deposit. 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 the
Company, please visit our website at www.ryepatchgold.com.


On behalf of the Board of Directors

William C. (Bill) Howald, CEO & President

This news release contains forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's 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 Company's control. These
factors include: the availability of funds; the financial position of Rye Patch;
the timing and content of work programs; the results of exploration activities
and development of mineral properties; the interpretation of drilling results
and other geological data; the reliability of calculation of mineral resources
(and, in respect of the Coeur Rochester mine 3.4% NSR, the reliability of
calculation of Coeur's mineral resources and reserves); the reliability of
calculation of precious metal recoveries; the 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
Company's 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rye Patch Gold Corp.
Tel.: (604) 638-1588
Fax: (604) 638-1589
info@ryepatchgold.com
www.ryepatchgold.com

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