Fire River Gold Announces Further Drill Results

VANCOUVER, Aug. 23, 2011 /CNW/ -- 
 ____________
|FAU: TSX.V  |
|FVGCF: OTCQX|
|FSE: FWR    |
|____________|

VANCOUVER, Aug. 23, 2011 /CNW/ - Fire River Gold Corp. (the 'Company',
'FAU') (TSX.V: FAU), (OTCQX: FVGCF), (FSE: FWR) is pleased to announce additional high-grade results obtained from holes
drilled during its 2011 drill program at the Nixon Fork Gold Mine,
situated in Alaska's Tintina Gold Belt. The Company has received and
confirmed assay results from the drill holes N11U-101 to N11U-199 from
the 3300, 3100 and 3000 Zones. This series of drill holes were
extremely productive in expanding the extent of the gold mineralization
of the 3300 zone. Of particular note is hole number N11U-175.

Fire River Gold will be continuing to drill on its property in order to
aid stope design, grow the resource and expand the life of mine.

 _____________________________________________________________________
|            |         |FROM | TO  |WIDTH | Au  | Au  | Ag  | Ag  |Cu |
|HOLE #      |  TARGET | (m) | (m) | (m)  |(g/t)|(opt)|(g/t)|(opt)|(%)|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-102    |3300-240 |19.2 |22.3 |  3.1 |12.8 |0.37 | 1.4 |0.04 |0.0|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|19.7 |20.7 |  1.0 |29.7 |0.87 | 3.0 |1.07 |0.1|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-130    |3300-190 |55.8 |58.8 |  3.1 |19.8 |0.37 |20.9 |0.04 |0.8|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|56.6 |57.4 |  0.7 |61.0 |0.87 |56.0 |0.09 |1.9|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-154    |3300-240 |84.8 |87.6 |  2.9 |21.7 |0.19 |14.1 |2.37 |0.8|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|87.1 |87.6 |  0.5 |89.0 |0.23 |60.0 |2.74 |3.0|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-163    |3300-235 | 0.0 | 4.7 |  4.7 | 3.2 |0.00 | 1.3 |0.00 |0.1|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|14.9 |19.5 |  4.6 |66.4 |0.00 |76.8 |0.00 |4.1|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|16.5 |18.1 |  1.6 |177.0|0.10 |169.0|1.06 |9.4|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-165    |3300-235 | 1.5 | 3.9 |  2.5 |26.4 |0.13 | 4.1 |1.52 |0.2|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including| 1.5 | 2.7 |  1.3 |46.9 |0.08 | 6.0 |0.01 |0.3|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-175    |3300-235 |14.9 |18.5 |  3.5 |110.0|0.04 |21.6 |0.03 |1.2|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|15.9 |17.8 |  1.9 |205.0|0.09 |40.0 |0.01 |2.2|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-177    |3300-235 | 0.0 | 4.2 |  4.2 | 5.0 |0.08 | 3.3 |0.76 |0.1|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including| 0.7 | 2.0 |  1.3 |12.7 |0.14 | 3.0 |1.58 |0.1|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including| 9.5 |14.6 |  5.2 | 9.1 |0.40 | 4.0 |0.01 |0.3|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including| 9.5 |10.1 |  0.6 |26.4 |0.06 | 7.0 |1.14 |0.5|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|13.5 |14.6 |  1.2 |24.7 |0.19 |11.1 |3.97 |0.7|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-184    |3300-240 |48.2 |49.7 |  1.5 | 3.6 |0.07 |18.0 |0.06 |1.6|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|53.3 |55.8 |  2.4 | 2.2 |0.00 | 6.0 |0.00 |0.2|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|66.5 |70.8 |  4.4 |15.8 |0.00 | 2.0 |0.00 |0.1|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|69.9 |70.8 |  0.9 |65.3 |0.47 | 4.0 |0.32 |0.3|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-190    |3300-240 |63.4 |69.5 |  6.1 |10.6 |0.00 |34.0 |0.00 |1.9|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|Failed QA/QC|Including|63.4 |65.0 |  1.6 |33.0 |0.00 |118.0|0.00 |6.8|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|72.5 |75.6 |  3.1 |37.6 |0.06 | 2.4 |1.54 |0.1|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|75.1 |75.6 |  0.5 |166.0|0.09 | 6.0 |4.23 |0.0|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|N11U-193    |3300-230 |94.2 |94.8 |  0.7 |117.5|0.37 |116.0|0.44 |8.5|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|
|            |Including|101.8|103.3|  1.5 |62.3 |0.06 |52.0 |0.10 |0.2|
|____________|_________|_____|_____|______|_____|_____|_____|_____|___|

To view all drill results, please view our website.

On behalf of the Board of Directors,

(signed)

Richard Goodwin


President & C.O.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 or accuracy
of this release. We seek safe harbour.

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Tel: 1 604 685 1870  Fax: 1 604 685 8045
Email:  info@firerivergold.com or visit www.firerivergold.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3