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Richfield Extends Blackwater Southward with BW 97

December 14, 2010

QUESNEL, BC, Dec. 14 /PRNewswire/ – Richfield Ventures Corp. (TSX.V:RVC)
(“Richfield” or the “Company”) is pleased to report drill results for
five diamond drill holes on the Blackwater Gold Project approximately
100 km south of Vanderhoof, BC.

The five holes are collared over a distance about 1000 metres west to
east on the 100% owned part of the Blackwater Gold Project. All holes
returned anomalous gold values to depths in excess of 300 metres. Holes
are targeted to explore and delineate the bulk gold deposit developing
at the Blackwater Gold Project.

DDH From

(m)

To (m) Intvl (m) Au g/t Ag g/t
BW 93 149 181 32 0.61 1.1
BW 94 3.05 21 17.95 3.86 9.5
incl 19 21 2 30.82 54.0
BW 94 42 52 10 0.53 0.9
BW 94 164 173 9 2.27 1.1
BW 94 329 346.86 17.86 0.65 2.9
BW 95 105 139 34 0.82 1.8
incl 105 116 11 1.71 2.3
and incl 124 133 9 0.64 2.3
BW 95 194 219 25 0.94 2.1
BW 97 3 53 50 0.86 5.4
BW 97 74 195 121 0.84 5.4
incl 106 119 13 2.19 11.9
BW 97 253 260 7 1.18 3.4

BW 97 returned good gold values from surface to about 200 metres deep,
with scattered gold mineralization deeper in the hole. BW 97 is south
of mineralization known to date and extends the mineralized zone
southwest. It leaves open possibility of further extension.

BW 93 and 94 are 50 m apart and about 150 metres west of BW 97. Both
holes returned gold in narrow ore grade intervals over much of their
depth, but both are less strongly mineralized than elsewhere. The holes
define lower grade mineralization within the larger mineralized zone.

BW 95, southwest of the mineralized zone, returned mineralized
intersections between 100 and 240 metres deep. As with BW 53, an
earlier hole drilled in this area, it suggests mineralization may
weaken in this direction.

BW 96 is north of known mineralization in the Jarrit claim. Between 220
and 340 m deep gold values are anomalous;  the rocks are strongly
silicified reflecting the alteration associated with the Blackwater
deposit.

Peter Bernier, President and CEO observed “We are encouraged by the 170
metres of near 1 g/t material in BW 97. It extends the zone southward
and leaves space for expansion there. These latest five drill holes
show that we continue drilling within the gold system.”

Upon completion of BW 115 and 116 in mid-December, Richfield will be
breaking for the holidays until late January. Results for the remaining
19 holes will be released as they are received.

Drill map, sections and strip logs for individual holes reported herein
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 246 quality control samples
(12.8 % of all 1918 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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