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Riverstone has completed an initial NI43-101 resource estimate on one project with indicated gold resources of 820,500 ounces and a further inferred resource of 320,300 ounces.

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Message: Riverstone Reports More Positive Gold Results from Karma
Apr. 26, 2011 (Marketwire) --
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/26/11 -- Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV) reports additional positive results from the reverse circulation drilling program on the Goulagou I deposit, part of the company's Karma Gold Project in Burkina Faso, West Africa (See Map on website: http://www.riverstoneresources.com/i/Maps/2011-04-25_NR_Goulagou.jpg). Significant results include intercepts of 24 metres grading 1.87 g/t gold, 60 metres grading 0.89 g/t gold, and 8 metres grading 4.83 g/t gold. Most of the holes were drilled on intermediate fences to reduce the fence spacing of previous drilling from 100 metres to 50 metres. The holes are part of an on-going drill program on Goulagou I, comprising approximately 13,000 metres, designed to confirm and expand the gold resources.

"We are pleased with these excellent results from Goulagou I," commented M.D. McInnis, President and CEO of Riverstone Resources Inc. "We are encountering portions of the deposit which has exceptional grade. In addition, we have signed contracts for six drill rigs so we are in a position to continue aggressively drilling this deposit, as well as the other deposits, that comprise the Karma project."

Results from fifty-one holes have been received. The majority of the holes have wide intercepts exceeding 0.50 g/t gold. Significant intercepts are reported in the table below:

--------------------------------------------------------------------------
                                                                   Average
Hole number                    Interval (m)        Intercept         Grade
                            From            To       (metres)      (g/t Au)
--------------------------------------------------------------------------
                                                                          
GLG-10-RC-119                 20            34            14          1.15
                                                                          
GLG-10-RC-122                110           140            30          0.50
 incl                        132           136             4          1.15
                                                                          
GLG-10-RC-127                  0            60            60          0.89
 incl                         18            28            10          1.85
 and incl                     40            52            12          1.14
                                                                          
GLG-10-RC-128                108           112             4          1.10
                                                                          
GLG-10-RC-132                 38           100            62          0.56
 incl                         38            48            10          1.08
                                                                          
GLG-10-RC-134                 34            80            46          0.74
 incl                         46            64            18          0.91
 and                         118           128            10          1.29
                                                                          
GLG-10-RC-137                  8            22            14          0.86
 incl                          8            14             6          1.47
                                                                          
GLG-10-RC-147                  0            36            36          0.66
 incl                          4            16            12          1.21
                                                                          
GLG-10-RC-149                 20            28             8          1.24
 and                          82           106            24          1.87
 incl                         86           104            18          2.39
                                                                          
GLG-10-RC-150                 44            48             4          1.18
                                                                          
GLG-10-RC-151                102           126            24          1.65
 incl                        112           126            14          2.29
 and                         132           150            18          1.95
 incl                        146           150             4          3.05
 and                         172           180             8          1.31
                                                                          
GLG-10-RC-155                 76            80             4          1.18
                                                                          
GLG-10-RC-157                 60           120            60          0.59
 incl                         68            74             8          1.25
 and                         126           142            16          0.76
 incl                        126           130             4          1.24
                                                                          
GLG-10-RC-158(i)             124           132             8          4.26
                                                                          
GLG-10-RC-160                  0            34            34          1.04
 and                          66           106            40          1.54
                                                                          
GLG-10-RC-163                 42            54            12          2.06
                                                                          
GLG-10-RC-164                  4            36            32          1.15
 and                          74            92            18          1.32
                                                                          
GLG-10-RC-165                 36            86            50          0.53
 and                          86           142            56          1.05
                                                                          
GLG-10-RC-167                 96           104             8          4.83
                                                                          
GLG-10-RC-168                 46            68            22          0.81
 and                          88           114            26          1.64
 incl                         92           108            16          2.14
                                                                          
GLG-10-RC-170                 18            28            10          1.14

(i) Hole ended at 132 metres

The Goulagou I deposit is part of the company's Karma Project which hosts a NI 43-101 compliant gold resource of 810,000 ounces of gold in the indicated category and 1,119,100 ounces in the inferred category (see news release dated February 28, 2011). The Goulagou property is subject to an Option to Purchase agreement with Golden Star Resources Ltd.

Riverstone maintains a quality control program involving the use of repeat assays, inserted blanks and the use of certified standards from an accredited Canadian laboratory. All core samples were assayed using standard fire assay with atomic absorption techniques, with samples grading over one gram gold per tonne 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 projects 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.

ON BEHALF OF THE BOARD

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.

Contacts:
Riverstone Resources Inc. - Vancouver Office
Michael D. McInnis
President
604-801-5020
info@riverstoneresources.com

Riverstone Resources Inc.
Raju Wani
Investor Relations
403-240-0555

Riverstone Resources Inc.
Ron Cooper
Investor Relations
604-986-0112
www.riverstoneresources.com

Source: Marketwire (April 26, 2011 - 10:11 AM EDT)
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