| October 19, 2009 Richfield options the Jarrit Property which adjoins Richfield's Dave Property Hole 46 that intersected 207 metres of 1.06 g/t Au and 5g/t Ag | |
| October 19, 2009: Quesnel, BC, Canada: Richfield Ventures Corp. (TSX-V:RVC) "Richfield" or "the Company" is pleased to announce that it has acquired an option to earn up to 100% interest in the Jarrit Property, which adjoins the Dave Property, recently acquired by Richfield under option (NR May 12, 2009). The Jarrit Property was optioned from Jane Roderick, Rebekah Antkow, David Rozek and Benjamin Rozek. Richfield may acquire 100% interest in the Jarrit Property by making aggregate cash and share payments totalling $180,000 cash and 120,000 shares and incurring an aggregate $400,000 in exploration expenditures within three years of TSX-Venture acceptance of the agreement. The Optionors retain a 2% NSR royalty), of which Richfield may purchase 1% for one million two hundred thousand dollars. The Jarrit Property (tenure # 515810, 349 hectares) is located 200 metres east of previously reported Hole 46 (NR Sept 21, 2009) which intersected 207 metres of 1.06 g/t Au and 5g/t Ag. 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. On behalf of the Board of Directors of Richfield Ventures Corp. "Peter Bernier" Peter Bernier, President & CEO FOR FURTHER INFORMATION PLEASE CONTACT Peter Bernier, President & CEO Richfield Ventures Corp. 101-242 Reid St., Quesnel BC, V2J 2M2 Tel: (877) 992-6644 Email: pete@RichfieldVentures.ca Web: www.richfieldventures.ca 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. Neither 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 release. | |
