Richfield Drills 91 Metres of 2.04 g/t Au and 226 Metres of 0.92 g/t Au
03 May 2011 - 10:30PM
Marketwired
Richfield Ventures Corp. (TSX VENTURE: RVC) ("Richfield" or the
"Company") is pleased to report drill results for six 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 six vertical holes were collared on the southern part of the
Blackwater deposit, owned 100% by Richfield. Four holes drilled 50
m apart on line 5,892,700N demonstrate a further 200 metres of
continuity of gold mineralization. One hole, BW 131, drilled 100
metres east of BW 129 and 150 metres east of BW 127 respectively,
demonstrates mineralization constancy there. (BW 129 intersected
124 metres of 1.89 g/t Au, and BW 127 cut 25.71 metres of 8.91 g/t
Au (see NR April 13, 2011.)) BW 133 drilled 112 metres
west-southwest of BW 132 intersected plagioclase porphyritic dacite
to andesite.
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DDH From (m) To (m) Intvl (m) Au g/t Ag g/t
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BW 130 23 249 226 0.92 3.2
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BW 130 268 349.91 81.91 0.97 2.1
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BW 131 181 241 60 0.52 5.8
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BW 131 294 351 57 0.69 3.3
----------------------------------------------------------------
BW 132 30 69 39 0.44 4.3
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BW 134 12 59 47 0.68 3.5
----------------------------------------------------------------
BW 134 77 168 91 2.04 9.1
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BW 134 211 224 13 0.86 3.7
----------------------------------------------------------------
BW 134 241 269 28 0.50 3.1
----------------------------------------------------------------
BW 136 4 62 58 0.79 8.3
----------------------------------------------------------------
BW 136 70 90 20 1.15 7.0
----------------------------------------------------------------
BW 136 106 122 16 0.73 5.0
----------------------------------------------------------------
BW 136 127 136 9 0.71 10.3
----------------------------------------------------------------
BW 136 177 233 56 0.65 3.6
----------------------------------------------------------------
Peter Bernier, RVC president comments, "We are very pleased that
the four drill hole fence adds to the gold resource at Blackwater
and the western hole does the same. Our operations are now focused
on drilling to establish continuity and size on the north side of
the property where Richfield, with its 75% interest, is the JV
operator."
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
1726.99 metres was drilled in SIX holes; 1663 samples were
prepared. A further 62 blanks, 59 standards and 59 duplicates were
inserted in the sample stream. As well 55 samples were selected for
check assay. Total quality control samples were 235, 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
Certain statements in this press release may be considered
forward-looking information, including those relating to the
"expectations", "intentions" or "plans" of the Company. Such
information involves known and unknown risks, uncertainties and
other factors -- including the approvals of regulators,
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 identified by the Company in its public
securities filings -- 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.
Contacts: Richfield Ventures Corp. Peter Bernier President &
CEO Toll Free: 1-877-992-6644 pete@richfieldventures.ca
www.richfieldventures.ca
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