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SciQuest SQI

"SciQuest Inc provides cloud-based business automation solutions for spend management. Its offers procurement solutions, spend analysis solutions, supplier management solutions, contract lifecycle management solutions, & accounts payable solutions."


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Post by Thewall1on Mar 30, 2010 10:01am
313 Views
Post# 16938805

Richfield Ventures receives Blackwater drilling pe

Richfield Ventures receives Blackwater drilling pe

Richfield Ventures receives Blackwater drilling permit

2010-03-30 08:35 ET - News Release

Mr. Peter Bernier reports

RICHFIELD VENTURES CORP. RECEIVES DRILLING PERMIT FOR THE BLACKWATER GOLD PROJECT, B.C. DRILLING TO RECOMMENCE IN EARLY APRIL

RichfieldVentures Corp. has received a drilling permit for the first stage(phase 1) of its planned 2010 drill program on the Blackwater Davidsonbulk tonnage gold discovery located south of Vanderhoof, B.C. The firstdrill will be mobilized on or about April 6, 2010. The 17-kilometreaccess road to the property from the main Kluskus logging road has beencleared of snow and the camp from last season has been reestablished.

Thefirst drill hole will deepen the final hole drilled last season, holeBW 59 (on optioned ground from Silver Quest Resources Ltd. see news inStockwatch on March 24, 2009), which averaged 1.25 grams per tonne(g/t) Au over 329 metres and it ended in five metres of nine g/t Au(see news in Stockwatch on Jan. 5, 2010). Previous holes are mostlyangle holes between 100 and 200 metres deep and a significant number ofthese holes ended in gold mineralization.

The phase 1 drillingplan comprises approximately 10,000 metres of core drilling (20 holes)to test for possible extensions of the mineralization to the northwest,southwest, south and east of the deep discovery hole. These holes willbe drilled vertically to depths of 500 to 600 metres from surface.

Richfieldhas acquired a 30-man camp suitable for year-round work. A permit forthis camp has been submitted and when received the camp will be movedon site. This will allow the company to service multiple drills andexplore on a year-round basis.

A second stage (phase 2) drillprogram is also planned to include 15,000bGF5OmJsb2NrOyI+SG9sZDwvZGl2PjxkaXYgaWQ9Il9kaXZSZWNvbW1lbmRhdGlvbl81IiBvbm1vdXNlb3Zlcj0ibW91c2VPdmVyKCdfZGl2UmVjb21tZW5kYXRpb25fNScpIiBvbm1vdXNlb3V0PSJtb3VzZU91dCgnX2RpdlJlY29tbWVuZGF0aW9uXzUnKSIgb25jbGljaz0iT25TZWxlY3RSZWNvbW1lbmRhdGlvbignNScsJ1NlbGwnKSIgc3R5bGU9InBhZGRpbmc6MXB4IDhweCAxcHggOHB4O21hcmdpbjowO2Rpc3BsYXk6YmxvY2s7Ij5TZWxsPC9kaXY+ZBgBBR5fX0NvbnRyb2xzUmVxdWlyZVBvc3RCYWNrS2V5X18WAQUFaWJ0R2/gZrYpxCxuaw9I8uCOcOXUBLdCvA==,

Richfield Ventures receives Blackwater drilling permit

2010-03-30 08:35 ET - News Release

Mr. Peter Bernier reports

RICHFIELD VENTURES CORP. RECEIVES DRILLING PERMIT FOR THE BLACKWATER GOLD PROJECT, B.C. DRILLING TO RECOMMENCE IN EARLY APRIL

RichfieldVentures Corp. has received a drilling permit for the first stage(phase 1) of its planned 2010 drill program on the Blackwater Davidsonbulk tonnage gold discovery located south of Vanderhoof, B.C. The firstdrill will be mobilized on or about April 6, 2010. T

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