April 22, 2008 Richmond Minerals is pleased to announce that it has
completed a first phase diamond drill program on its Triple Lake exploration project,
located 30 km south of Timmins, Ontario. Six diamond drill holes were completed,
totaling 1,135 meters.
In May 2006, Richmond entered into a joint venture exploration agreement with Fort Chimo Minerals covering in excess of 220,000 acres of mineral rights in the central and southwest area of Quebec. Richmond is the operator of the Grenville project and must spend $2 million over 2 years to earn a 50% interest. The exploration targets for this project are iron oxide copper gold deposits (“IOCG”), base metal deposits and uranium.
