Rise Gold Subsidiary Loses Clean Water Act Summary Judgment

Rise Gold Corp. announced that the US District Court, Eastern District of California, ruled in favor of Community Environmental Advocates (CEA), granting Summary Judgment against its subsidiary, Rise Grass Valley Inc. The lawsuit alleges that Rise is responsible for pollutants, including metals like arsenic, entering a local creek from historic mine shafts without a permit, violating the Clean Water Act. Rise disputes these allegations, stating that no arsenic was detected in its samples and other alleged pollutants could not have originated from the mine, believing the judge misapplied the summary judgment standard. Management and legal counsel are reviewing the ruling.