By Marketwire,
January 31, 2009 at 12:10 AM
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 30, 2009) - Riverstone Resources Inc. ("Riverstone" or the "Company") (TSX VENTURE:RVS)(FRANKFURT:3RV)is pleased to provide a corporate update and an outlook for the Company's activities in 2009. In spite of the difficult market conditions, the Company expects that it will continue its exploration work in Burkina Faso.
The Company has 17 highly prospective exploration permits over a total area of 3,500 square kilometres. The flagship property is the Karma Property where three gold deposits have been extensively evaluated by the Company. An independent mineral resource estimate has been initiated by Wardrop Engineering and is expected to be completed before the end of the 1st quarter. In 2009, the Company plans to continue with further drilling at Karma in an effort to expand the resource and to carry out metallurgical testwork on the gold mineralization.