QUESNEL, BC, Sept. 11 /CNW/ - Peter Bernier, President and CEO of
Richfield Ventures Corp. (TSX-V:RVC), is pleased to provide an update on
recent work on the Quesnel Trough Project and Morris Mine property, both
located in British Columbia, Canada.
Quesnel Trough Project
Richfield's Quesnel Trough Project consists of a large land package of
over 200,000 acres located east of the city of Quesnel. During the summer,
Richfield's geological team has been analyzing and reviewing data from recent
drilling, soil geochemistry and airborne geophysical surveys in order to
delineate additional drill targets. The team is also analyzing data recently
released as part of the Geoscience BC Quest project, which includes airborne
electromagnetic and gravity survey results which cover the full area of the
Quesnel Trough Project.
Within the Quesnel Trough Project, Mouse Mountain remains Richfield's
priority target. The project is centrally located within Canada's largest and
most productive copper-gold porphyry belt. Several industry professionals have
visited the Mouse Mountain site during the summer to examine drill core and
outcrops and have shared thoughts about the project. Richfield is now focusing
on the High-grade Zone to the south in an effort to identify the core of the
mineralized system and outline additional drill targets.
The G-South prospect is located 30 km north of Mouse Mountain and differs
in that it is a pure gold target within the Quesnel Trough Project. Currently
the Company is awaiting precious metals assays from four drill holes totaling
approximately 2000 meters drilled in early summer.
The Moustique target is also located within the Quesnel trough Project.
It is a large molybdenum soil anomaly which was percussion drilled over the
summer. Four holes totaling approximately 400 feet were drilled through the
overburden to reach bedrock. Only one of the hole was successful in reaching
bedrock but the source for the in soil anomaly was not identified.
Morris Mine Property
Richfield completed initial exploration of the Morris Mine property to
delineate targets. A soil geochemical grid was completed. Soil samples were
analyzed by portable XRF and samples with high arsenic and or antimony have
been sent to the laboratory for gold fire assay.
Additional Property Evaluations
Richfield's management and geological team continue to evaluate
properties to add to their mineral tenure portfolio.
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 region of
British Columbia over the last three years and holds a 100% interest in
mineral tenures in the Quesnel Trough covering approximately 200,000 acres.
Richfield has recently added 2 additional properties outside of their Quesnel
Trough project, the Morris Mine property located in West Central BC near the
Tatlayoko Lake area and the Echo Property known as "Trapper Lake" located
43 km North West of the Golden Bear Gold Mine.
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, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities.
For further information:
For further information: Peter Bernier, President, Richfield Ventures
Corp., 242 Reid Street, Quesnel, BC, V2J 2M5, Toll Free 1-877-992-6644, Phone:
(250) 992-6644, Fax: (250) 992-6643, www.richfieldventures.ca,
firstname.lastname@example.org; Ryan Glasser, Investor Relations, Richfield
Ventures Corp., 1201, 1166 Alberni Street, Vancouver, BC, V6E 3Z3, Phone:
(604) 801-6625, Mobile: (778) 899-6625, Fax: (604) 687-4770,