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 prospecting program commenced with
four teams, in early July, after completion of logging and assaying from the
initial thirteen hole drill program and will continue until mid-November.


Roger Walsh, President and CEO, said "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 investment obligations under our
purchase agreement. We are very pleased with our progress on the summer program,
particularly with the new trend emerging west of the Westgate Area, and the Nib
Yellowknife area south of the Talc Mine Area; we anticipate both areas will
result in winter drill targets being identified." 


Highlights of the program to date include:



--  Grab samples from prospecting have identified a prominent east-west
    anomalous gold trend extending in excess of 1.5 km west of the original
    Westgate drilling. 
--  New target has been identified at the Nib Yellowknife showing, 2 km
    southwest of the Talc Mine Area. 
--  The massive sulphide layer intersected in drill hole PG13-110 has been
    identified as a high priority area for testing for possible Volcanogenic
    Massive Sulphide (VMS) mineralization. 



Links to Appendices:

Appendix 1 - Sampling results (see Appendix 2 for map of anomalies):
http://media3.marketwire.com/docs/905rpr_app1.pdf.

Appendix 2 - Map of 2013 and 2010 geochemical anomalies:
http://media3.marketwire.com/docs/905rpr_app2.pdf.

Appendix 3 - Technical Details of Summer Exploration Program:
http://media3.marketwire.com/docs/905rpr_app3.pdf.


Mapping/Prospecting:



--  Over 800 hectares, or approximately 5%, of the Pen Gold Project's 16,000
    hectare property has now been covered by mapping crews. Over 2,500
    hectares have now been prospected with 296 of 397 grab rock sample
    assays being returned. 
--  13 samples reported grades greater than 50 ppb gold. Highest values are
    4.89 g/t from a sub-outcrop and 0.54 g/t from an outcrop, west of the
    Westgate Area. 
--  These samples, combined with previous sampling by Rio Tinto, have
    identified a high priority area extending west from the Westgate Area
    where holes PG13-112 and PG-113 were drilled in May. Three anomalous
    gold values were returned on this trend west of the Westgate Area, where
    a grab sample assayed 4.83 g/t gold in 2010, extending the zone another
    500 m to the west. Anomalous gold values from grab sampling in this
    program have now been returned over a distance of 1.5 km along this
    ridge of altered mafic volcanics containing quartz veining and
    sulphides. Another grab sample from sub-outcrop, taken 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 it for a total
    length of 2.5 km. 
--  Other anomalous gold values returned from sheared and/or quartz veined
    rocks include samples from the Porphyry Hill Area, from diorite in the
    Reeves Ultramafic Complex, from quartz veining in sheared mafic
    volcanics north and east of the Westgate Area trend, and finally, from
    quartz veining in mafic volcanics near the eastern boundary of the
    property. 
--  The Nib Yellowknife showing, 2 km southwest of the Talc Mine Area, was
    identified initially in our data compilation work. The showing has now
    been prospected and grab samples taken with results pending. The area
    was explored in the 1940s and 1980s, with numerous historical anomalous
    gold values in grab samples, channel samples, and drill core. A
    prospecting team observed and sampled extensive gossanous areas with
    quartz veining. Assays are pending for the end of September.
    Refer to Appendix 1 for tabulated sample results and Appendix 2 for
    sample location map. 



LIDAR Survey

Complete LIDAR coverage was flown over the Pen Gold South area and results were
received in mid-July. The LIDAR basemaps are used in prospecting and mapping as
guides to locate areas of rock outcrop, avoidance of swamps and general access.


Option of adjoining claim 

Rapier has entered into an option agreement with the owner of a five claim unit
in Reeves Township, which is contiguous to the Pen Gold Project south east of
the Talc Mine Area. A number of known conductors exist on the five claims,
lining up with the conductors on the Pen Gold Project. Since Rapier's existing
LIDAR data set covers these claims, prospecting and sampling can commence
immediately.


Rapier has the option to acquire an adjoining claim by paying $37,500 and
issuing 400,000 shares to the vendor, over three years. Shares will be issued as
to 25% upon TSXV Exchange approval and 25% each subsequent 12 months. A 2% net
smelter return payable, one-half (1%) of which may be purchased for $1,000,000,
is also payable.


Planned Work Programs for Remainder of 2013



--  Mapping/prospecting will continue to mid-November, weather permitting. 
--  Overburden stripping and channel sampling of selective areas will start
    in late October to early November. 
--  A VMS/geochemical consultant will be evaluating the VMS potential of the
    zone discovered in drill hole PG13-110 (discussed in July 13, 2013 press
    release) 
--  Comprehensive data compilation for drill program planning for late 2013
    to early 2014. 



Roger Walsh elaborates, "Follow-up work in progress on the Westgate Area trend
and the Nib Yellowknife showing, along with the initial drill results achieved
in drill holes PG13-108 and PG13-110, will result in the preparation of a drill
program proposal by the end of October to test these new targets. Drilling can
take place late 2013 and early 2014"


About Rapier Gold Inc.



--  Rapier was listed on the TSX.V on March 8, 2013 and currently has
    23,817,838 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 up to 5 g/t Au and with a gravimetric finish above.


Gary Wong, P.Eng., Vice-President Exploration of the Company, 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
President & CEO
(604) 617-1627
roger@rapiergold.com
www.rapiergold.com

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