Richview Resources Inc.

Richview Resources Inc.

March 29, 2006 10:16 ET

Richview Announces Dewatering Permit for the Thierry Deposit

TORONTO, ONTARIO--(CCNMatthews - March 29, 2006) - Richview Resources Inc. ("Richview") (TSX VENTURE:RVR) is pleased to announce that it has now received a dewatering permit from the Ontario Ministry of the Environment for its Thierry Mine property (the "Property") located near Pickle Lake, Ontario. The company is now proceeding to develop a budget and program for the dewatering of the Property in anticipation of conducting underground exploration.

The Property was previously mined by Union Minere Exploration Company ("UMEX") in the late 1970's and early 1980's. Operations ceased due to the depressed commodity prices prevailing at that time. Richview has been proceeding with a detailed exploration drilling program to assess the copper-nickel mineralization not mined by UMEX and to delineate extensions to determine the economic potential of the Property. In addition the company is conducting metallurgical testing to assess the recoverability of platinum group metals that also occur in the mineralization.

Richview recently announced the completion of an independent resource evaluation for the Property. The details of the evaluation are found in a press release issued by Richview on February 22, 2006 and filed on SEDAR (

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.

Issued Capital: 63,777,350 Common Shares

Neither the TSX Venture Exchange, nor any other securities regulatory authority has approved or disapproved of the contents of this news release.

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