RVS True Gold Mining, Inc.

Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV)
("Riverstone" or the "Company") reports that initial rotary air blast ("RAB")
drilling over a 180-square-kilometre area north of the Karma Gold Project
("Karma Project") has intersected extensive near-surface oxide gold
mineralization, highlighted by 2.15 grams per tonne gold (g/t Au) over 30.0
metres in hole RAB-414.


The RAB program confirms six distinct areas of anomalous gold mineralization,
and demonstrates that oxide surface mineralization extends to depths of at least
39 metres and remains open in all directions. Riverstone will conduct an
aggressive reverse circulation ("RC") drill program in 2013 to follow up on
these encouraging results.


"We are very excited that the first meaningful exploration program in the
northern portion of Karma has confirmed six drill-ready targets," said Dwayne
Melrose, President and CEO, Riverstone Resources. "These RAB results indicate
strong potential for additional gold mineralization over a wide area, and
reinforce our belief that we can add near-surface oxide resources within
potential trucking distance of our proposed Karma Project processing facility."


Significant assay intervals from these RAB holes include:



--  2.15 g/t Au over 30.0 m in RAB-414 
--  79.10 g/t Au over 3.0 m in RAB-004 
--  0.89 g/t Au over 24.0 m in RAB-316 
--  2.27 g/t Au over 3.0 m in RAB-020 
--  1.00 g/t Au over 6.0 m in RAB-282 
--  0.55 g/t Au over 19.0 m in RAB-283 



Riverstone conducted RAB drilling in the north Karma area up to 28 kilometres
from the proposed Karma Project processing facility. The program consisted of
11,039 metres of RAB drilling in 449 vertical holes (drilled to an average depth
of 30 metres) at sites selected based on historical workings and anomalous
geochemical sampling. Riverstone has previously conducted limited mapping and
rock-sampling programs in the north Karma area since 2008, as until recently,
the major focus of Riverstone's Karma work was further south.


"Blue Gold merged with Riverstone based on the Karma Project's near-term
production profile and our firm belief that Karma holds tremendous potential for
further near-surface resource growth," said Mark O'Dea, Riverstone Executive
Chair and former Chair and CEO of Blue Gold. "These results support our view,
and will help us design an effective exploration program for 2013."


The Karma Project consists of five nearby deposits and a proposed central
heap-leach processing facility. The project is undergoing a definitive
feasibility study, based on a 1.03 million ounce, in-pit indicated leachable
resource averaging 0.94 g/t Au (34.2 million tonnes)(1). The feasibility study
and 2013 exploration plans for high-priority targets, such as north Karma, are
fully funded.


(See map on the Riverstone Website for the location of highlighted RAB holes, or
click on this link:
http://riverstoneresources.com/i/maps/130128-121010_Rounga_Port-Plan.jpg).


(For a table of highlighted RAB results related to gold mineralization, please
click on this link:
http://riverstoneresources.com/i/pdf/RAB-Result-Highlights-for-130129-NR-Summary.pdf).


Ian Cunningham-Dunlop, P.Eng., Senior Vice President Exploration, is the
Company's designated Qualified Person for this news release within the meaning
of NI 43-101, and has reviewed and verified that the information contained in
this release is accurate and approves of the written disclosure of same. The
nature and spacing of the RAB drilling to date does not allow for the exact
orientation of the gold zones to be determined, and their true widths are
unknown. As a result, there has been insufficient exploration to define a
mineral resource and that it is uncertain if further exploration will result in
the target being delineated as a mineral resource. Samples were assayed by BIGS
Global Laboratories in Ouagadougou, Burkina Faso, with a limited number of check
assays by ALS Chemex, also in Ouagadougou, Burkina Faso. BIGS Global assays were
by Fire Assay of a 30 gram (1 assay ton) charge with AAS finish. ALS Chemex
assays were also Fire Assay with AAS finish and repeats of all AAS assays over
1.0 g/t by Fire Assay with gravimetric finish. Control samples (accredited
standards, blanks and duplicate samples at the rig and preparation stage) were
inserted on a regular basis every ten samples. Results were monitored on receipt
of assays.


About Riverstone

Riverstone Resources Inc. is a growth-oriented gold exploration and development
company offering near-term production at the Company's flagship Karma Project in
Burkina Faso, West Africa. The Company's board, management and technical teams
have proven track records in the capital markets and gold exploration,
development, operations and production worldwide.


Additional information about the Company and its activities may be found on the
Company's website at www.riverstoneresources.com and under the Company's profile
at www.sedar.com.


ON BEHALF OF THE BOARD

Dwayne Melrose, President and CEO

Certain statements made and information contained in this news release and
elsewhere constitutes "forward-looking information" within the meaning of
Canadian securities legislation. Such forward-looking statements are based on
certain assumptions and are subject to risks and uncertainties which could cause
actual events or results to differ from those reflected in the forward-looking
statements, including, without limitation, with respect to statements regarding
the potential increase to mineral resources, the assumptions set forth in this
news release and in the Company's news release of October 3, 2012 and 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, risk of
undiscovered, title defects and surface access, labour disputes, the potential
for delays in exploration and permitting activities, the potential for
unexpected costs and expenses, commodity price fluctuations, currency
fluctuations, political risk and other risks and uncertainties, including those
described under Risk Factors in each management discussion and analysis and in
the Company's annual information form which are available under the Company's
profile at www.sedar.com. 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.


This news release may use the terms "measured", "indicated" and "inferred" as
these terms are defined under Canada's National Instrument 43-101. U.S.
Investors are advised that, while such terms are recognized and required by
Canadian regulations, they are not recognized by the United States Securities
and Exchange Commission ("SEC") and may not be comparable to similar information
for United States mining or exploration companies. As such, certain information
contained on this news release concerning descriptions of mineralization and
resources under Canadian standards is not comparable to similar information made
public by United States companies subject to the reporting and disclosure
requirements of the SEC. U.S. investors are cautioned not to assume that any
part or all of the mineral deposits described in these categories will ever be
converted into proven or probable reserves, as defined in the SEC's Industry
Guide No. 7.


(1) See Riverstone's news release dated October 3, 2012 and independent NI
43-101 compliant Technical Report titled "Technical Report and Updated Resource
Estimate on the Karma Project, Burkina Faso, West Africa," dated effective
October 1, 2012, filed on SEDAR (www.sedar.com) November 7, 2012.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Vancouver Office:
604-801-5020
info@riverstoneresources.com


Investor inquiries:
Don Mosher
604-685-6465
info@riverstoneresources.com


Media inquiries:
Ian Noble
604-809-8750
inoble@riverstoneresources.com

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