FOR IMMEDIATE RELEASE

Sun  River  Energy,   Inc.  announces   acquisition  of  aeromagnetic  data  and
preliminary processing results.

March  24,  2010 - Sun River  Energy,  Inc.  (OTCBB:  SNRV)  has  completed  the
acquisition of 2,690 line miles of aeromagnetic  data over its Colfax Project in
Colfax County,  New Mexico.  Airmag Surveys,  Inc. was the contractor to acquire
the data,  which is  currently  being  processed by Pearson  Technologies,  Inc.
(Pearson) under the guidance of Thomasson Partner Associates, Inc. (TPA).

"Preliminary  processing  results  are quite  encouraging."  states Mr.  Leaver,
President  of Sun River  Energy.  "The data were  acquired  quickly and cleanly.
High-pass  filters on the  aeromagnetic  data show a good degree of  correlation
with similar  filters  applied to the gravity data we licensed in January  2010.
The good degree of correlation suggests that we will have a lot of confidence in
the  final  basement  model."  A  basement  model  is an  image  of  Precambrian
crystalline  "basement"  rock  structure  derived from gravity and magnetic data
tied to existing  well control.  Its purpose is to pinpoint the likely  geometry
and estimate the depth of the elevator basins in the area.

Sun River  anticipates  delivery of the basement  model from Pearson as early as
this week. The basement model will allow Sun River in  coordination  with TPA to
design a targeted swath seismic program to pinpoint drill locations.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined
in Section 27A of the United  States  Securities  Act of 1933 and Section 21E of
the Securities Exchange Act of 1934.  Statements in this press release which are
not purely historical are forward-looking  statements and include any statements
regarding beliefs, plans,  expectations or intentions regarding the future. Such
forward-looking  statements include, among other things, the development,  costs
and  results  of our  exploration  program  at our  energy  properties  and  any
anticipated future production.  Actual results could differ from those projected
in any forward-looking statements due to numerous factors. Such factors include,
among others, the inherent  uncertainties  associated with petroleum exploration
and development stage exploration  companies.  These forward-looking  statements
are made as of the date of this news  release,  and we assume no  obligation  to
update  the  forward-looking  statements,  or to update the  reasons  why actual
results  could differ from those  projected in the  forward-looking  statements.
Although  we  believe  that the  beliefs,  plans,  expectations  and  intentions
contained in this press release are  reasonable,  there can be no assurance that
such beliefs, plans, expectations or intentions will prove to be accurate.