Richview Resources Inc.

Published : September 13th, 2007

Commission a second drill to arrive at Thierry

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Keywords :   Canada | Diamond | Dollar | Storage |
September 12, 2007
Richview Resources - Press Release


RICHVIEW RESOURCES COMMISSION A SECOND DRILL
TO ARRIVE AT THIERRY


Toronto, Canada, September 12, 2007 - Richview Resources Inc. (TSX: RVR) announced today that the Company has completed the site restructuring program on its 100%-owned Thierry property, and is now poised to complete the drilling program, set to continue though the fall/winter season.

Sol Prizant, President and CEO of Richview, proudly explained "At Thierry, field facilities have been fully upgraded and are now able to accommodate all crews and equipment needed for drilling and inspection, alongside a fully equipped field lab for geologists. Our upgrades enable Richview to operate uninterrupted through the winter for year-round development at Thierry, using our own, independent power generation, all weather access roads and upgraded equipment. Particularly gratifying is the fact that we have been able to attract newly, highly qualified personnel to our growing professional team.

The Company is currently conducting a 14000 m deep holes Diamond drill program on Thierry, as previously announced August 15, 2007. The drill provided by Cabo Drilling is currently running, with a second and larger drill to arrive in mid-September in order to assist with the completion of the program at an accelerated rate. Richview is drilling beneath the previously mined workings level of 1600 ft to determine the depth and extent of the inferred resource mineralization; as well as exploring areas extending from its original 2500' "strike zone".

Recently, the Company completed a full re-grading and drainage program along with a general property improvement program. The improvement program included work on property access roads, site security fencing, winterized working structures, and the building of a hangar facility for field maintenance, core cutting and equipment secured storage.

Safety codes, along with environmental, social and maintenance responsibilities have been assumed using a strict conformation to all rules and regulations. This includes involvement from the community of Pickle Lake and the First Nations into ongoing activities at Richview's sites. The Company is currently in the process of assembling an advisory and oversight body, represented by not only Richview Resources, but also represented by the community of Pickle Lake and the First Nations.

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.

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.


For more information please contact:

RICHVIEW RESOURCES INC
Sol Prizant, President & CEO
416 703-5435
sprizant@richviewresources.com
http://www.richviewresources.com

CHF Investor Relations
Alison Tullis, Account Manager
416-868-1079 x233
alison@chfir.com
http://www.chfir.com

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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