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Richfield drills 226 m at 0.92 g/t gold. New Gold waits in the wings

Five drillholes plugged some wide gaps for Richfield Ventures (TSX-V: RVC) at its Blackwater deposit, showing impressive continuity of deep gold mineralization at its flagship project 100-kilometers south of Vanderhoof, B.C. New Gold (TSX: NGD) will likely be pleased, as in early April it announced an all share takeover of Richfield worth C$550 million and plans on bringing Blackwater into production if the takeover succeeds.

Ongoing drilling is part of an aggressive campaign to flesh out and expand Richfield’s growing resources.