High River Announces Amended and Restated AIF and Amended Technical Reports for Berezitovy and Burkina Faso Properties

High River Gold Mines Ltd. (TSX:HRG) ("High River" or the "Company") announced
today that it has filed on SEDAR an amended and restated annual information form
("AIF") for the year ended December 31, 2011. The original AIF was filed on
March 30, 2012. The amended and restated AIF now provides updated mineral
reserve and mineral resource estimates for the Zun-Holba, Irokinda, and
Berezitovy mines in Russia, as well as High River's properties in Burkina Faso.
In addition, the Company has filed updated certificates of the Chief Executive
Officer and the Chief Financial Officer for the year ended December 31, 2011, as
required under National Instrument 52-109 - Certification of Disclosure in
Issuers' Annual and Interim Filings.


The Company has also filed on SEDAR revised technical reports with respect to
its Berezitovy and Burkina Faso properties that address minor deficiencies in
the original technical reports filed on June 8, 2012. The technical report on
the Berezitovy mine entitled "The Berezitovy Project, Russia, NI 43-101
Technical Report" dated July 20, 2012 was prepared by Mark Owen, BSc, MSc, MCSM,
CGeol, EurGeol, FGS of Wardell Armstrong International ("WAI"). The technical
report on the Taparko-Bouroum mine entitled "The Taparko-Bouroum Assets, Burkina
Faso, NI 43-101 Technical Report" dated July 20, 2012 was prepared by Dr. Phil
Newall, BSc (ARSM), PhD (MCSM), CEng, FIMMM, Director of Mining and Minerals of
WAI. The technical report on the Bissa development project entitled "The Bissa
Asset, Burkina Faso, NI 43-101 Technical Report" dated July 20, 2012 was also
prepared by Dr. Newall. Each of Mr. Owen and Dr. Newall is a "qualified person"
as that term is defined in National Instrument 43-101 and independent of the
Company. 


About High River 

High River is an unhedged gold company with interests in producing mines,
development and advanced exploration projects in Russia and Burkina Faso. Two
underground mines, Zun-Holba and Irokinda, are situated in the Lake Baikal
region of Russia. Two open pit gold mines, Berezitovy in Russia and
Taparko-Bouroum in Burkina Faso, are also in production. Finally, High River has
a 90% interest in a development project, the Bissa gold project in Burkina Faso,
and a 50% interest in an advanced exploration project with NI 43-101 compliant
resource estimates, the Prognoz silver project in Russia.