Richmond Minerals Inc. Continues to Intersect Broad Zones of Gold Mineralization in Phase 3 Diamond Drilling

Precious Metals

Richmond Minerals Inc. (TSX-V: RMD) (“Richmond” or the “Company”) is pleased to announce Phase 3 diamond drilling results from the Company’s Ridley Lake Project located within the Swayze Greenstone Belt, approximately 23 miles due east of Goldcorp’s Borden Lake gold deposit. As quoted in the press release: This phase of drilling continued to test the well-defined induced polarization anomaly …

This phase of drilling continued to test the well-defined induced polarization anomaly characterized by high chargeability and resistivity at the far eastern end of the Aguara East Zone and to test for depth extensions of gold mineralization reported during the initial diamond drilling in the central Aguara Zone in 1989. Richmond completed 2,258 meters (“m”) of diamond drilling in nine holes. All holes for this phase of work were drilled at an azimuth of 180 degrees, at inclinations of -45 or -60 degrees.

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