Richview Resources Inc.
TSX VENTURE : RVR

Richview Resources Inc.

December 15, 2006 16:58 ET

Richview Resources Inc.: Press Release

TORONTO, ONTARIO--(CCNMatthews - Dec. 15, 2006) - Richview Resources Inc. ("Richview")(TSX VENTURE:RVR) announces that the Company has filed a technical report on the Kirkland Lake Gold Property, Grenfell Township, in the Larder Lake Mining Division of northern Ontario.

As part of a transaction to sell certain properties to YSV Ventures Inc. ("YSV"), Richview and YSV engaged Patrick Chance, P.Eng. to prepare an independent report in compliance with National Instrument 43-101. Mr. Chance's report has been filed and can be viewed in detail on SEDAR at www.sedar.com.

The report recommended that the companies consider conducting a $250,000 CDN exploration program. The program is primarily drilling that is designed to test several geophysical anomalies that have been previously identified by exploration programs.

About Richview

Richview is a TSX listed company that is conducting exploration and participating in joint ventures for base metal and gold. Richview's primary property is the copper/nickel Thierry Mine property near Pickle Lake, Ontario.

Richview has delineated a copper/nickel resource on the Thierry property that also contains economic values of platinum, palladium, gold and silver. Richview is now proceeding with a scoping study to determine the technical feasibility and economic viability of the project. This study will set out the parameters for proceeding with dewatering of the mine, metallurgical studies and conducting underground delineation drilling on extensions of the copper/nickel mineralization. Richview is also proceeding with surface exploration and evaluation of a 75% owned Pickle Crow gold property.

This press release includes certain "Forward-Looking Statements" within the meaning of the "Safe Harbour" provisions of the Ontario Securities Act and the 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.

This press release is available on the Richview IR HUB for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com/IR/richview. Alternatively, investors are asked to e-mail all questions and correspondence to RVR@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.

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