Paget Minerals Corp.

Paget Minerals Corp.

April 28, 2010 08:30 ET

Paget Minerals and Richfield Ventures Increase Claim Holdings in the Nechako Basin

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 28, 2010) - Paget Minerals Corp. (TSX VENTURE:PGS), ("Paget" or the "Company") announced today an increase in the claim holdings within the JV area of interest with Richfield Ventures Corp. (TSX VENTURE:RVC) ("Richfield") in the Nechako Basin area of central British Columbia (see press release of 6 April, 2010).

Paget staked 14,159 hectares and Richfield 2,820 hectares bringing the total land holdings held 100% by the joint venture to 91,057 hectares. Gold showings and surface geochemistry on the entire claim block provide immediate targets for field assessment with a view to rapidly advancing them to drill stage during the 2010 exploration program.

Paget and Richfield plan to initiate field programs in early May.

About Paget Minerals Corp.

Paget Minerals Corp. is a British Columbia company focused on mineral exploration and the development of a diverse range of precious metal, base metal and rare earth element projects in North America. Main projects in BC are; the Nechako Basin Joint Venture with Richfield Ventures (TSX VENTURE:RVC), Mt. Dunn, JLN/Chist Creek and Whitesail.

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 regions of British Columbia.

On Behalf of the Board of Paget Minerals Corp.,

"David F. Volkert"
President & CEO

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.

Contact Information

  • Paget Minerals Corp.
    David Volkert
    President & CEO
    (778) 327-4449
    (778) 327-6546 (FAX)