Richfield Drills 171 metres @ 1.04 g/t Au, and 15 metres of 5.86 g/t Au on the100% owned portion of the Blackwater Gold Project

October 20, 2010

QUESNEL, BC, Oct. 20 /PRNewswire/ – Richfield Ventures Corp. (TSX.V:RVC)
(“Richfield” or the “Company”) is pleased to report drill results for
six further diamond drill holes on the 100% owned portion of its
Blackwater Gold Project approximately 100 km south of Vanderhoof, BC.

Drilling continues to test the extent of mineralization. Three holes, BW
80, 82 and 84 are 150, 200 and 250 metres east of BW 68 respectively
(BW 68 intersected 227 metres of 1.51 g/t Au including 66 metres of
3.65 g/t -see NR July 26, 2010). The three other holes are near BW 74;
BW 79 is 150 metres west of BW 74, BW 81 50 metres south and BW 83 70
metres southwest of BW 74 (BW 74 intersected 231.96 metres of 0.75 g/t
Au -see NR Sept 2, 2010). BW 80, 82 and 84 are about 350 metres west
and 100 metres north of BW 79, 81 and 83.

DDH Intvl


Au g/t Ag g/t From


To (m)
BW 79 55 1.21 9.9 17 72
incl 9 4.76 8.1 55 64
BW 79 19 0.83 4.6 105 124
BW 79 104 0.97 3.2 197 301
incl 17 2.92 7.11 218 235
BW 80 25 1.19 3.7 13 38
BW 81 171 1.04 8.5 45 216
incl 32 1.86 10.1 184 216
incl 18 2.24 24.5 131 149
BW 82 40 0.86 4.5 14 54
BW 82 19 1.24 1.5 120 139
BW 83 89 1.48 6.5 45 134
incl 15 5.86 10.3 96 111
BW 83 23 0.55 5.9 138 161
BW 83 6 3.28 6.9 190 196
BW 84 30 0.82 2.9 4 34
BW 84 12 0.88 2.9 132 144

Peter Bernier, President and CEO states “These positive drill results
again confirm the strength, continuity and size of the mineralized
system at Blackwater. BW 81 and 83 extend the zone southeastward and it
remains open on that trend.”

Drilling continues with two rigs on the property and Richfield plans to
carry on drilling for the next several months.

Drill map and strip logs for individual holes on the company website
will be posted today.

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. Five 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, 291 quality control samples
(14.3 % of all 2036 samples) were 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.

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 Nechako Plateau
region of British Columbia.

On behalf of the Board of Directors of Richfield Ventures Corp.

“Peter Bernier”

Peter Bernier, President 

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.

Certain statements in this press release may be considered
forward-looking information, which, in many cases, can be identified by
use of words such as “may”, “will”, “expect”, or “plan”. 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, 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.

SOURCE Richfield Ventures Corp.

Source: newswire

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