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

Oct 20, 2010, 08:30 ET from Richfield Ventures Corp.

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
(m)
Au g/t Ag g/t From
(m)
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.