RPR Rapier Gold

Rapier Gold Inc. (TSX VENTURE:RPR) (the "Company") is pleased to provide an
exploration program update for its Pen Gold Project, approximately 75 km
southwest of Timmins, Ontario. The summer mapping and prospecting program was
completed last week. 


The majority of the field work has focused on the northern portion of the Pen
Gold Project to expand on previous prospecting by Rio Tinto and to meet the
expenditure obligations under our share purchase agreement. 


Highlights of the work to date include:



--  37.6 g/t sample taken at the Nib Yellowknife Area, 2 km southwest of the
    Talc Mine Area, confirms the potential for a new target location. 
--  The Westgate anomalous trend has been extended to a distance of 3.5 km. 
--  The Porphyry Hill Area anomalous trend appears to be 1.5 km long. 
--  Geochemist Dr. Tim Barrett has completed an initial review of data. We
    have commenced further work to test for possible Volcanogenic Massive
    Sulphide (VMS) mineralization, initially identified in drill hole PG13-
    110. 



Links to Appendices:

Appendix 1 - Maps of 2013 sample locations and 2013 an 2010 geochemical
anomalies: http://media3.marketwire.com/docs/RA1.pdf.


Appendix 2 - Sampling results, see Appendix 1 for map of anomalies:
http://media3.marketwire.com/docs/RA2.pdf. 


Appendix 3 - Nib Yellowknife Area: http://media3.marketwire.com/docs/RA3.pdf. 

Appendix 4 - New Hydro Line Area: http://media3.marketwire.com/docs/RA4.pdf.

Mapping/Prospecting:

See Appendix 1 for sample location map and Appendix 2 for sample results table



--  Approximately 4,100 hectares, or approximately 25%, of the Pen Gold
    Project's 16,000 hectare property has now been covered by mapping and
    prospecting crews. More than 90% of the assays have been returned. 
--  43 samples reported grades greater than 50 ppb gold. Highest values are
    37.6 g/t from the Nib Yellowknife Area and 4.89 g/t from a sub-outcrop
    west of the Westgate Area. 
--  The Nib Yellowknife Area, 2 km southwest of the Talc Mine Area, was
    identified initially in our data compilation work. Eighteen anomalous
    values were returned from the Nib Yellowknife stripped area reconfirming
    the anomalous values found by Steetley Industries Limited (Steetley) in
    the 1980s. This includes a 37.6 g/t sample taken close to the location
    of a grab sample taken by Steetley that returned 1.3 oz/t from a narrow
    east-west structure. (See Appendix 3 for more details on the Nib
    Yellowknife Area.) 
--  Three new anomalous gold values were returned from east of the Westgate
    Area ("Eastgate"), where a grab sample assayed 1.2 g/t, potentially
    extending the zone another 1,000 m to the east. Anomalous gold values
    from grab sampling have now been returned over a distance of 2.5 km
    along this ridge of altered mafic volcanics with quartz veining and
    sulphides. Another grab sample from sub-outcrop, taken earlier this
    summer, returned a value of 4.89 g/t gold from a similar style of
    mineralization another 1 km west along this trend, possibly extending
    the mineralization for a total length of 3.5 km. The area where this
    sub-crop sample was taken was re-examined without finding the source of
    the anomalous assay, although similar veining is located nearby. 
--  The Porphyry Hill Area, which returned a grab assay value of 4.41 g/t
    gold in 2010 and four anomalous assays earlier in the summer, was
    followed up by further prospecting and sampling. This sampling returned
    three additional anomalous values from sheared and altered porphyry. The
    trend appears to be 1.5 km long. 
--  In the process of preparing ground for a new hydro line for Imerys,
    north of the Talc Mine Area, outcrops of sediment and porphyry with
    quartz veining were uncovered. Grab samples were taken at a few
    locations with some anomalous values returned. The area will be washed
    and channel sampled within the next few weeks. See Appendix 4 for an
    example of the veining at the new hydro line area. 



Geochemistry:



--  Dr. Tim Barrett has completed a site visit and preliminary analysis of
    the data from the holes around PG13-110 and has recommended that a few
    more samples to be analyzed for geochemical signatures to determine rock
    types. He has also recommended petrography of the core from drill hole
    PG130110 to determine if the sulphides present are depositional or
    replacement in nature. The results of his findings will be used to
    determine the next steps in exploring this zone as a potential VMS
    target. 



Planned Work Programs for Remainder of 2013:



--  Data compilation and interpretation of the work from previous work and
    this field program will be used to generate new maps and prospective
    targets for further exploration along the known trends as well as new
    areas. 
--  Weather permitting, the hydro line area will be washed and channel
    sampled, and a number of other targeted areas will be chosen for
    overburden stripping and channel sampling. 
--  An airborne magnetic and EM survey is being considered for late
    fall/early winter to cover the Pen Gold North area to bring geophysical
    coverage up to the same standard as Pen Gold South. This data will be
    used to interpolate geology where other geological/geochemical methods
    cannot be used due to lack of rock exposure. 



About Rapier Gold Inc.



--  Rapier was listed on the TSX.V on March 8, 2013 and currently has
    23,917,838 shares issued. 
--  Rapier's activities are solely focused on exploring the Pen Gold Project
    which comprises 16,448 hectares (approximately 160 sq km), 75 km
    southwest of Timmins, Ontario, in close proximity to the western
    extension of the Porcupine-Destor Deformation (Fault) Zone, one of the
    most productive gold structures in the world. 
--  AuRico Gold Inc. owns 19.9% of Rapier Gold. 



Quality Assurance - Quality Control ("QA/QC")

Industry best practices are followed on the project including the routine
insertion of blank and standard samples in all grab samples. The samples are
submitted directly to Actlabs in Timmins for preparation and analysis. Gold
analyses are conducted on 1 assay-ton aliquots, using fire assay methods with an
atomic absorption finish for samples grading up to 5 g/t Au and with a
gravimetric finish for samples above that level.


Gary Wong, P.Eng., Vice-President Exploration of the Company, and a Qualified
Person under the definition in National Instrument 43-101, has reviewed and
approved the technical content of this release.


ON BEHALF OF THE BOARD OF DIRECTORS

Roger Walsh, President & CEO

Neither the 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 news release.


Cautionary Note Regarding Forward-Looking Statements: Certain disclosure in this
release constitutes forward-looking statements. In making the forward-looking
statements in this release, the Company has applied certain factors and
assumptions that are based on the Company's current beliefs as well as
assumptions made by and information currently available to the Company,
including that the Company is able to obtain any government or other regulatory
approvals required to complete the Company's planned exploration activities,
that the Company is able to procure personnel, equipment and supplies required
for its exploration activities in sufficient quantities and on a timely basis
and that actual results of exploration activities are consistent with
management's expectations. Although the Company considers these assumptions to
be reasonable based on information currently available to it, they may prove to
be incorrect, and the forward-looking statements in this release are subject to
numerous risks, uncertainties and other factors that may cause future results to
differ materially from those expressed or implied in such forward-looking
statements. Such risk factors include, among others, that actual results of the
Company's exploration activities will be different than those expected by
management and that the Company will be unable to obtain or will experience
delays in obtaining any required government approvals or be unable to procure
required equipment and supplies in sufficient quantities and on a timely basis.
Readers are cautioned not to place undue reliance on forward-looking statements.
The Company does not intend, and expressly disclaims any intention or obligation
to, update or revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rapier Gold Inc.
Roger Walsh
604-569-0049
info@rapiergold.com
www.rapiergold.com

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