| October 28, 2009 Richfield intersects 65 metres of 1.02g/t gold including 22m of 2.50 g/t gold and one metre of 19.8 g/t gold | |||||||||||||||||||||||||||||||||||||||||||||
| October 28, 2009 - Quesnel, BC: Richfield Ventures Corp. (TSX-V:RVC) "Richfield" or "the Company" announces assay results for three more holes on the Blackwater project. All three holes were collared on ground optioned by Richfield from Silver Quest Resources Limited (NR March 23, 2009). BW 55 was drilled southwest at -50 degrees. It is 109 metres west of BW42 (with 1.25 g/t Au over 98 metres). BW 55 intersected siliceous breccia for its entire 143.9 metre length with gold values throughout. In the upper part of the hole a 65 metre interval averages 1.02 g/t Au with 3.6 g/t Ag. Within this is one metre with 19.8 g/t Au and at bottom of the hole are 2.87 metres which average 1.56 g/t Au. BW 54 drilled to test connections between the Gold and Silver Zones, is 305 m west of BW 42 in the Gold Zone. It was drilled to the southwest and inclined at 50 degrees. It intersected siliceous breccia for its length of 143.87 metres. Gold is present throughout and values are best in the lower half of the hole. Two 1 metre intervals of 1.18 g/t Au were intersected between 88 and 89 metres and between 100 and 101 metres. Some 11 metres between 112 and 123 metres averaged 0.64 g/t Au and 2.1 g/t Ag. Silver averages 3.0 g/t over the 137.7 m sampled length of the hole. BW 56 drilled 250 metres north of BW 42 and was designed to test northward continuity of the Gold Zone. It was drilled southwestward at -50 degrees to a depth of 118.57 metres and intersected siliceous breccia. Silver values average 3.98 g/t for the entire 109.5 metres sampled in the hole, with one 10.1 g/t Ag section of 6.57 metres at the end of the hole and traces of gold in the lower 70 metres. Results for three further holes, drilled as an extension of the program, are expected soon. All three holes aim to test mineralization to greater depth because good gold values were intersected at or near the end of 14 of the 15 holes for which results have been received. Samples for BW 57 to 59 have been sent to the lab; results are expected early November. Drilling was suspended at 330m in BW 59 because of heavy snow. Drilling will resume when results are known and weather conditions allow safe access.
Widths reported are drill widths, not true widths and assays are drill width weighted averages. Quality assurance Richfield has implemented a rigorous quality assurance/quality control program at the Blackwater property using best industry practice and supervised by Dirk Tempelman-Kluit. The program includes: chain of custody of samples from drill to laboratory. Drill core is sawn in half at the property and for each sample half of the core from one metre intervals is placed in plastic bags and sealed. A standard sample supplied by an outside independent laboratory, a blank sample or a duplicate sample are inserted into the sample stream every tenth sample. Samples including the blanks and standards, are shipped by courier to Eco Tech Stewart Group Laboratories in Kamloops, B.C. Duplicate samples are shipped by courier to Acme Laboratories, Vancouver for analysis. 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 Andre Panteleyev QP, PhD, P.Eng., 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. On behalf of the Board of Directors of Richfield Ventures Corp. "Peter Bernier" Peter Bernier, President For further information contact:
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. | |||||||||||||||||||||||||||||||||||||||||||||
