RICHFIELD REPORTS PRELIMINARY METALLURGICAL TEST RESULTS FROM BLACKWATER GOLD
PROJECT
QUESNEL, BC, Nov. 22 /CNW/ - Richfield Ventures Corp. (TSX.V:RVC) ("Richfield" or the "Company") is pleased to report the results of preliminary metallurgical testing on samples from the Blackwater Gold Project approximately 100 km south of Vanderhoof, BC.
Composite samples of drill core from three holes drilled during 2009, namely BW 43, BW 46 and BW 59, were selected for initial testing. Samples are of selected sections from the three drill holes and represent different rock and alteration types; the samples are of drill core sawed in half lengthwise.
The samples responded well to direct whole ore cyanidation tests with an average of 92% gold recovery across three tests at different conditions on each composite (9 tests in total). Accessory silver was recovered at an average of 47%.
The three composites were also subjected to flotation testing to produce a bulk sulphide concentrate under three different grinding and reagent conditions. The samples also responded well to this test and the best recoveries obtained under one set of test conditions returned an average for the three composites of 94% of the gold and silver reporting to the bulk sulphide concentrate.
The composites were also subjected to direct gravity concentration, and again the samples responded well with the three composites averaging 51% gold recovered into a gravity concentrate.
Drillhole BW 46 is on ground owned 100% by Richfield. BW 43 and BW 59 are on ground in which Richfield has earned a 75% interest from Silver Quest Resources Ltd.
Peter Bernier, CEO, comments, "We are extremely pleased with these preliminary results which show the tested samples from the Blackwater project are amenable to high recoveries of gold by conventional cyanidation. The high recoveries of gold and silver into a bulk sulphide flotation concentrate and the modest recoveries of gold by simple gravity concentration are also very encouraging. As we move forward with additional metallurgical testing these results provide confidence that an optimized process flow sheet can be developed using conventional gold ore processing techniques."
The test results reported in this news release were performed by Metallurgical Division of Inspectorate Exploration and Mining Services Ltd. in Richmond BC and have been reviewed by Rob Pease P.Geo., who is a "Qualified Person" as defined under National Instrument 43-101.
About Richfield Ventures Corp.
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 Nechako Plateau region of British Columbia.
On behalf of the Board of Directors of Richfield Ventures Corp.
"Peter Bernier"
Peter Bernier, President
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.
Certain statements in this press release may be considered forward-looking information, which, in many cases, can be identified by use of words such as "may", "will", "expect", or "plan". Such information involves known and unknown risks, uncertainties and other factors -- including the 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 -- 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, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For further information:
Peter Bernier, President Richfield Ventures Corp. 101-242 Reid Street Quesnel, BC V2J 2M2 |
Toll Free 1-877-992-6644 Phone: (250) 992-6644 Fax: (250) 992-6643 [email protected] www.richfieldventures.ca |
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