Richview Resources Inc.

Published : October 04th, 2007

Analytical Results From Drill Program

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October 4, 2007

Richview Resources - Press Release

 


ANALYTICAL RESULTS FROM DRILL PROGRAM

 

 


Toronto, Canada (October 4, 2007) - Richview Resources Inc. ("Richview") (TSX:RVR) is pleased to announce analytical results from the first of a minimum 16 hole drill program at its wholly owned Thierry copper-nickel-PGE deposit located near Pickle Lake in northwest Ontario. The objective of the drill campaign is to increase 43-101 compliant inferred reserves of the deposit by further extending mineralization at depth.

Drill Hole RV-07-1 was targeted to intersect an apparent "break" in mineralization near the very west end of the deposit, an area previously thought to be devoid of mineralization. Drill Hole RV-07-1, collared on section 91+50 and directed southeast, intersected 13.4 feet of 1.61 % copper and 9.1 g silver down-hole between 1560.0 and 1573.4 feet.
True thickness is unknown. Drill Hole RV-07-2, collared on same section as Drill Hole RV-07-1 but with a deeper pierce point, also intersected mineralization; assay results are pending. This area now holds promise for possible further mineralization.

Presently two diamond drills rigs are operating on the property with a tentative 68,000 thousand feet of drilling planned. These drills are currently targeting deeper levels of the deposit where historically higher copper grades have been recorded.

All technical information in this release has been reviewed by E. Sawitzky, P.Geo, the Qualified Person on the Thierry project for Richview. Copper, nickel, cobalt and silver analyses employ aqua regia and atomic absorption analytical techniques. Gold, platinum and palladium analyses utilize fire assay, ICP-AES techniques. Samples are initially prepared at the ALS Laboratory site in Thunder Bay, Ontario then shipped for analyses to ALS Laboratories in Vancouver, British Columbia.

About Richview Resources Inc.

Richview is the sole owner of the past-producing Thierry Mine property in north-western Ontario, adjacent to the town of Pickle Lake. . Richview is a Canadian company committed to responsible development of natural resources while respecting local environmental, community and social interests.

This press release is available on the Richview IR HUB for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com/IR/richview . Alternatively, investors are asked to e-mail all questions and correspondence to RVR@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.

For more information please contact:

Richview Resources
416-703-5435
info@richviewresources.com
www.richviewresources.com

CHF Investor Relations
Alison Tullis, Account Manager
416.868.1079 x233
alison@chfir.com
www.chfir.com

Investor Relations
AGORACOM Investor Relations
http://www.agoracom.com/IR/richview
RVR@agoracom.com

 

 

 

 

 

FEATURED LINKS

Richview Resources Web Site

Richview Resources IR HUB

 

 

 

 

 






Richview Resources Inc.

EXPLORATION STAGE
CODE : RVR.TO
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Richview Resources Inc. is a gold and copper exploration company based in Canada.

Richview Resources Inc. holds various exploration projects in Canada.

Its main exploration properties are THIERRY and PICKLE LAKE in Canada.

Richview Resources Inc. is listed in Canada. Its market capitalisation is CA$ 4.3 millions as of today (US$ 4.3 millions, € 3.0 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 0.24, and its lowest recent point on October 02, 2009 at CA$ 0.02.

Richview Resources Inc. has 143 046 000 shares outstanding.

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Annual reports of Richview Resources Inc.
Annual Report 2007
Financings of Richview Resources Inc.
1/3/2008Completes $870,000 Private Placement
Financials of Richview Resources Inc.
11/19/2008Files Third Quarter Statements
Project news of Richview Resources Inc.
2/29/2008(Thierry)Deep Drilling Proves Up Continuity
5/9/2007(Pickle Lake Claims)Re-affirms its Continuous Program Aiming to Reactivate the T...
Corporate news of Richview Resources Inc.
4/15/2008SIGN MEMORANDUM OF UNDERSTANDING
3/25/2008Signs Loan Agreement for Up to Euro 20..0 Million
3/12/2008Confirms $0.50 Target Price
10/12/2007President Sol Prizant Update Shareholders on the Latest Info...
10/4/2007Analytical Results From Drill Program
10/1/2007Drill Contract Doubled by Richview Resources
9/13/2007Commission a second drill to arrive at Thierry
8/15/2007COMMENCES DRILLING PROGRAM
5/16/2007Financial Statements and Management Discussion
5/9/2007Results From Its Annual and Special Meeting of Shareholders
3/3/2007resignation of Michael Newbury as the company's President
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