Riverstone Resources Inc.

Riverstone Resources Inc.

March 23, 2010 11:00 ET

Riverstone Commences Drilling at Nami Site

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 23, 2010) - Riverstone Resources Inc. (TSX VENTURE:RVS)(FRANKFURT:3RV) is pleased to announce the commencement of the drilling program at its promising Nami artisanal site in Burkina Faso. The program will comprise 9,000 metres of RC drilling in approximately 70 holes. An initial 3,000 metres will be drilled at the Nami site and the rig will then be mobilized to the Company's nearby Rambo and Goulagou gold deposits to drill about 1,000 metres. Once the results from the initial drilling at Nami have been received the rig will be re-mobilized to the site to complete the RC drilling program. The drilling will take about two months to complete with first assays expected in mid-April.

Drilling will commence in the central portion of the artisanal site and proceed southerly on lines spaced 50 metres apart. At least three holes will be drilled on each line. The drilling will be testing a breccia body identified during the Company's recent shaft sampling program. The breccia body appears to strike northwesterly and to dip gently to the southwest. Overlying the breccia is a granodiorite and underlying the breccia is either granodiorite or volcano-sedimentary rocks. There is some evidence that the breccia body may consist of more than one breccia stacked on top of each other.

Quartz veining is prevalent within the breccia body and to a lesser extent in the overlying granodiorite. Quartz veining within the breccia appear to have the same dip as the breccia. In the overlying granodiorite, the quartz vein and stockworks are at a high angle.

The Company maintains a rigorous quality control program involving the use of repeat assays, inserted blanks, and the use of certified standards from an accredited Canadian laboratory. All rock samples were assayed using standard fire assay with atomic absorption techniques, with samples grading in excess of 2.00 g/t gold re-assayed with a gravimetric finish, at the independent Abilab Burkina SARL laboratories in Ouagadougou, Burkina Faso, which is part of the ALS Chemex group.

Riverstone Resources Inc. is active in gold exploration in Burkina Faso, West Africa, where the company holds an extensive portfolio of six high quality exploration permits covering 2,300 square kilometres. For further information about the company and its activities, please refer to the company's website at www.riverstoneresources.com and under the Company's profile at www.sedar.com.


Michael D. McInnis, P. Eng., President & CEO

Paul G. Anderson, P. Geo. is a Qualified Person for RVS and has reviewed and approved the contents of this release.

Certain statements made and information contained in this news release and elsewhere constitutes "forward-looking information" within the meaning of the Ontario Securities Act. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters and surface access, labour disputes, the potential for delays in exploration activities, the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, failure to obtain adequate financing on a timely basis and other risks and uncertainties, including those described under Risk Factors in each management discussion and analysis. In addition, forward-looking information is based on various assumptions including, without limitation, the expectations and beliefs of management, the assumed long term price of gold, that the Company will receive required permits and access to surface rights, that the Company can access financing, appropriate equipment and sufficient labour and that the political environment within Burkina Faso will continue to support the development of environmentally safe mining projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

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.

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