Richview Resources Inc.

Published : August 15th, 2007

COMMENCES DRILLING PROGRAM

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Keywords :   Canada | Diamond | Dollar | Gold |
August 15, 2007
Richview Resources - Press Release


RICHVIEW COMMENCES DRILLING PROGRAM


Toronto, Canada, August 15, 2007 - Richview Resources Inc. (TSX: RVR) announced today that 14,000 meters of surface Diamond drilling program commenced August 9, 2007. The objective of the program is to further define the Thierry underground inferred mineralization primarily at depths below the 1600 foot level where limited drilling has identified the down-dip extension of the zone.

Richview has completed all site preparation and site rehabilitation in preparation of the surface Diamond drill program. This included: Re-grading, drainage and
sewer facilities, construction of semi-permanent working facilities with gates and fences, site clean-up with environmental and safety measures and re-examination and reallocation of approximately 19 thousand core trays.

In September 2007, a second drill rig and drill team will be arriving to help complete the 14,000 meters of deep drilling, which is expected to be completed before the end of 2007. Richview has allocated a budget of up to $2.75 million for the surface Diamond drilling program.

About Richview Resources Inc.

Richview is the sole owner of the past-producing Thierry Mine property in northwestern Ontario. The company is continuing exploration on gold joint venture projects at Pickle Lake (RVR 75%) and Headway in the Red Lake camp (RVR 15%). Richview is a Canadian company committed to responsible development of natural resources while respecting local environmental, community and social interests.

Investors are asked to email all questions and correspondence to info@richviewresources.com, where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.

Neither the TSX, nor any other securities regulatory authority has approved or disapproved of the contents of this news release.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.

CONTACT INFORMATION

RICHVIEW RESOURCES INC.
Sol Prizant, President & CEO
T: 416.703.5435
F: 416.703.2464
E: sprizant@richviewresources.com
W: www.richviewresources.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


   


Contact Us
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

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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