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09/10/2007 - Press release

posted on Nov 14, 2007 05:10AM
Source      CANADA NEWSWIREDate      09/10/2007Time      05:18:16 AM Company     Richmond Minerals Inc.Title      Richmond Minerals Inc. Exploration Update CDNX Symbol: RMD Press Release      " BC-Richmond-exploration   09-10 0332[1]News release via Canada NewsWire, Toronto 416-863-9350 -ME- Attention Business Editors:^Richmond Minerals Inc. Exploration Update@ TORONTO, Sept. 10 /CNW/ - Richmond Minerals Inc. ("Richmond")(RMD-TSXV)is pleased to announce that a reverse circulation drilling program willcommence on Richmond's 100% owned Lac Mistamisk property in the third week ofSeptember, 2007. The Lac Mistamisk property is located approximately 200kilometres northwest of Schefferville, Quebec. The property covers a recentlydiscovered, strong radiometric airborne anomaly. The dimensions of theradioactivity anomaly are believed to approach 800 to 1,000 meters in strikelength. In the immediate area southeast of Lac Mistamisk, boulders carryingvalues as high as 4% U3O8 and 15 ounces of gold per ton are known to occur.These boulders are located approximately 4 kilometres east of Richmond's newlydiscovered radiometric airborne anomaly. Richmond anticipates drilling 4 to 5boreholes within the anomaly area before the end of September, 2007.In addition, ground magnetic surveys have been completed for the Ste.Anne du Lac property, located north of Mont Laurier, Quebec. Two magneticanomalies were identified in the central and south-eastern areas of theproperty. These anomalies appear to be strong iron-oxide copper gold (IOCG)exploration targets, and have similar exploration potential to the historicalAllied, Tom Dick and Lac Hanson uranium deposits near Richmond's Ste. Anne duLac property. The proposed radiometric airborne survey of the Ste. Anne du Lacproperty has been delayed until the spring of 2008, due to the schedulingdelays of Richmond's geophysical contractor.Warren Hawkins, P.Eng in his capacity as Qualified Person under NationalInstrument 43-101 has reviewed the contents of this news release. We seek safe harbour. <<On Behalf of Richmond Minerals, (signed) Matthew GoldmanCorporate Secretary>> Neither the TSX Venture Exchange Inc. nor any other regulatory bodyaccepts responsibility for the adequacy or accuracy of this news release.
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