Richfield drills 171 metres of 3.13 g/t Au in BW 91, and BW 90 extends zone eastward

QUESNEL, BC, Nov. 23 /PRNewswire/ - Richfield Ventures Corp. (TSX.V:RVC) ("Richfield" or the "Company") is pleased to report drill results for four diamond drill holes on its Blackwater Gold Project approximately 100 km south of Vanderhoof, BC.

BW 91 returned very positive results. The top of the hole cut 171 metres grading 3.13 g/t Au. This hole is 50 metres south of BW 87 (115 metres @ 2.59 g/t Au including 57 metres of 4.79 g/t Au - see NR Nov 2, 2010). It demonstrates southward continuity of the near-surface mineralization between the two holes and leaves open the possibility of further southward extension. BW 89, 91 and 92 are all on 100% Richfield owned ground and are about 300 metres west-northwest of BW 90.

BW 90, drilled 100 m east of BW 74 (231.96 metres of 0.75 g/t Au - see NR Sept 2, 2010) intersected 148 metres of 1.77 g/t Au. The hole also intersected 39 metres of 3.06 g/t Au near the bottom. This hole is on the Jarrit claim, where Richfield can earn a 100% interest. It expands the mineralized zone at least 100 metres to the east and remains open in that direction.

BW 89 intersected 35 metres of 0.82 g/t and 49 metres of 0.88 g/t in the upper 110 metres. Anomalous gold values continue to the bottom near 400 metres.

BW 92 has gold mineralization throughout with values in four broad zones from the bedrock-overburden contact to 315 metres.

Peter Bernier, President and CEO observed "We are thrilled by these latest results, with 171 metres of 3.13 g/t Au BW 91 is one of our best intersections to date and BW 90 extends the zone to the east leaving it open in that direction."

Richfield is well-funded and plans to continue drilling with two rigs to mid-December. Drilling will resume in January.  Holes will be targeted to further explore and delineate the bulk gold deposit which is developing at the Blackwater Gold Project.

Drill map, sections and strip logs for individual holes 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 212 quality control samples (3 % of all 1639 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.

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.

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.

SOURCE Richfield Ventures Corp.