Richfield Drills 82 Metres of 3.29 g/t Au Including 15 Metres of 14.5 g/t Au
19 April 2011 - 10:30PM
Marketwired
Richfield Ventures Corp. (TSX VENTURE: RVC) ("Richfield" or the
"Company") is pleased to report drill results for five holes of the
2011 30,000 metre drill campaign to expand and delineate the
resource on the Blackwater Gold Project. The project is
approximately 100 km south of Vanderhoof, BC.
The five vertical holes were collared on the northern part of
the Blackwater Gold Project, the subject of a 75%
Richfield-25%Silver Quest Resources Ltd joint venture with
Richfield as operator.
Two holes, BW 135 and BW 138 are 77 and 177 metres respectively
west of BW 59 (361 metres of 1.25 grams/tonne (g/t) Au within 455
metres of 1.03 g/t Au (see NR May 6, 2010). Three other holes, BW
137, BW 139 and BW 140, are in the Gold Zone some 350 metres
northeast of BW 59.
The two central holes, BW 135 and BW 138, show good gold grades
in the upper 250 metres. They amplify the higher grade central part
of the deposit and expand the third near-surface, high grade zone.
Both holes cut siliceous breccia for their length.
Three holes in the historic gold zone contain gold
mineralization from collar to the bottom of the holes with higher
grade sections. Good gold grades are seen in the upper 100 metres
of BW 140 and below 350 metres in BW 139. The best grades in BW 137
are below 150 metres. BW 139 cuts siliceous breccia; the two
northern holes cut dacite-andesite with lapilli tuff and siliceous
sections.
------------------------------------------------------------------------
DDH From (m) To (m) Intvl (m) Au g/t Ag g/t
------------------------------------------------------------------------
BW 135 96 178 82 3.29 5.8
------------------------------------------------------------------------
incl 114 158 44 5.52 7.5
------------------------------------------------------------------------
incl 143 158 15 14.50 16.2
------------------------------------------------------------------------
BW 135 4 81 77 0.36 2.7
------------------------------------------------------------------------
BW 135 189 197 8 0.32 1.6
------------------------------------------------------------------------
BW 135 209 215 6 0.47 1.8
------------------------------------------------------------------------
BW 135 233 251 18 0.30 2.0
------------------------------------------------------------------------
BW 137 151 158 7 0.70 14.4
------------------------------------------------------------------------
BW 137 183 197 14 0.69 11.5
------------------------------------------------------------------------
BW 137 245 287 42 0.54 9.1
------------------------------------------------------------------------
BW 138 2 165 163 1.02 7.3
------------------------------------------------------------------------
BW 138 172 213 41 0.58 2.3
------------------------------------------------------------------------
BW 138 233 240 7 0.82 5.3
------------------------------------------------------------------------
BW 139 64 83 19 1.20 6.5
------------------------------------------------------------------------
BW 139 127 154 27 0.36 1.9
------------------------------------------------------------------------
BW 139 159 177 18 0.52 3.3
------------------------------------------------------------------------
BW 139 267 285 18 0.36 1.8
------------------------------------------------------------------------
BW 139 292 305 13 0.32 1.5
------------------------------------------------------------------------
BW 139 361 378 17 4.13 6.0
------------------------------------------------------------------------
incl 368 376 8 8.99 9.6
------------------------------------------------------------------------
BW 139 398 426 28 0.33 6.0
------------------------------------------------------------------------
BW 139 435 452.63 17.63 0.77 18.4
------------------------------------------------------------------------
BW 140 23 96 73 1.40 4.9
------------------------------------------------------------------------
BW 140 116 159 43 0.45 2.1
------------------------------------------------------------------------
BW 140 213 229 16 0.46 0.4
------------------------------------------------------------------------
Peter Bernier, RVC president comments "We are excited about the
results of the two stepout holes west of BW 59. Results from the
three northern holes show that the Gold Zone is a significant part
of the overall deposit."
Drill map and strip logs for individual holes reported here will
be posted on the company website.
Also see drilling results at
http://www.corebox.net/properties/blackwater/index.php?deposit=510.
Widths reported are drill widths; true widths are unknown. Assays
are uncut, length-weighted average values.
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. The remainder is retained in core boxes stored at the
project camp.
A standard sample, a blank sample, or a duplicate sample is
inserted into the sample stream every tenth sample. Three certified
ore assay laboratory standards are used in the program, and are
supplied by CDN Resource Laboratories Ltd., an independent
laboratory located in Langley, BC. Samples including the blanks,
standards and duplicates, are shipped by bonded courier to Eco Tech
Stewart Group Laboratories in Kamloops, BC, an internationally
recognized analytical services provider. Rejects selected at random
are sent to Acme Labs of Vancouver, BC for check assays. In total
1943.59 metres was drilled in five holes; 1854 samples were
prepared. A further 70 blanks, 66 standards and 66 duplicates were
inserted in the sample stream. As well 61 samples were selected for
check assay. Total quality control samples were 261, about 14% of
the samples analyzed. Richfield detected no significant QA/QC
issues during review of the data.
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 Rob Pease P.Geo., who is a "Qualified Person" as
defined under National Instrument 43-101.
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, President
This news release contains forward-looking information, which
involves known and unknown risks, uncertainties and other factors
that may cause actual events to differ materially from current
expectation. Important factors - including the availability of
funds, the results of financing and exploration activities, the
interpretation of drilling results and other geological and
metallurgical data, risks associated with the estimation of mineral
resources and the geology, grade and continuity of mineral
deposits, project cost overruns or unanticipated costs and expenses
-- that could cause actual results to differ materially from the
Company's expectations are more fully discussed in the Company's
documents filed from time to time on SEDAR (see www.sedar.com).
Forward-looking statements can often be identified by the use of
words such as "plans", "expects", "is expected", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "believes" or
variations (including negative variations) of such words and
phrases. 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,
except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Richfield Ventures Corp. Peter Bernier President &
CEO 1-877-992-6644 pete@richfieldventures.ca
www.richfieldventures.ca
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