| August 04, 2009 Richfield Begins Drilling at Blackwater | |
| Richfield Begins Drilling at Blackwater Quesnel, BC, Canada - Aug 4, 2009 Richfield Ventures Corp. ("Richfield" or "the Company") is pleased to announce that it has received the drill permit from the Ministry of Energy and Mines and that drilling has started on its optioned Davidson and Dave properties (collectively called the Blackwater Project) in the Nechako Plateau in central British Columbia. The first two planned holes of the 15 hole first phase program are vertical, to go to 300 m depth, and within the central part of the Gold Zone. These holes are designed to test continuity of gold mineralization at depth. An intersection of 6.3 metres at 14.28 g/t gold and 26.7 g/t silver was obtained from previous drill hole DAV-11 in the Gold Zone and a number of earlier holes in this zone ended in mineralization at depth. The Davidson Property was optioned from Silver Quest Resources Ltd. Whereby Richfield can earn a 75% interest over 4 years. The Dave claim was optioned from private individuals whereby Richfield can earn a 100% interest over 4 years. Both properties are subject to a NSR royalty. See news releases March 23/09 and May 12/09. The scientific and technical information contained in this news release was prepared under the supervision of Dirk Tempelman-Kluit Ph.D, FGAC, VP Exploration for Richfield Ventures Corp, and has been reviewed by David Pawliuk P.Geo., who is a "Qualified Person" as defined under National Instrument 43-101. About Richfield Ventures Corp. Richfield Ventures Corp. is a public mineral exploration company trading on the TSX Venture Exchange under the symbol RVC. Richfield has been actively acquiring and exploring mineral tenures in the Quesnel Trough and Nechako Plateau regions of British Columbia. Certain statements in this press release may be considered forward-looking information, including those relating to "plans" of the company. Such information involves known and unknown risks, uncertainties and other factors -- including the availability of funds, the results of financing and exploration activities, the interpretation of drilling results and other geological data, project cost overruns or unanticipated costs and expenses and other risks -- that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. On behalf of the Board of Directors of Richfield Ventures Corp. "Peter Bernier" Peter Bernier, President THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. For further information contact: Peter Bernier, President Richfield Ventures Corp. 101-242 Reid Street Quesnel, BC V2J 2M5 Toll Free 1-877-992-6644 Phone: (250) 992-6644 Fax: (250) 992-6643 pete@richfieldventures.ca | |
