RHYOLITE RESOURCES LTD.

Rhyolite Resources is a publicly traded venture company that currently owns 40% of Prosperous Gold Resources Ltd. with the right to earn up to an 80% interest.

Rhyolite also holds a royalty of 10% of the gross revenue of any party from the use of the Muckahi Mining System up to proceeds to Rhyolite of CDN$10 million.

Rhyolite Resources Ltd. trades on the TSX Venture Exchange under the symbol “RYE.V”.