RVS True Gold Mining, Inc.

Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV)
("Riverstone" or the "Company") reports that 13 of 15 widely spaced reverse
circulation ("RC") drill holes designed to test the main 13-kilometre-long
target at its 100% owned Liguidi property ("Liguidi") intersected highly
anomalous to potentially economically significant bedrock gold mineralization. 


Cumulative results to date at Liguidi - from current and previous RC drilling,
historic rotary air blast ("RAB") drilling and extensive rock and soil sampling
- indicate a widespread, in situ gold system that is one of the most compelling
early-stage regional exploration targets in Burkina Faso, West Africa.


Significant gold intercepts from RC drilling in Q4 2012 at Liguidi include: 



--  3.12 g/t gold over 6 m in LMG-RC-022 
--  0.77 g/t gold over 18 m in LMG-RC-021 
--  1.64 g/t gold over 6 m in LMG-RC-032 
--  0.61 g/t gold over 10 m in LMG-RC-025 
--  1.54 g/t gold over 4 m in LMG-RC-023



(All intercepts occur within 100 metres of surface.) 

"This first-of-its-kind scout drill program gives us confidence in the
continuity and strength of this mineralized system and clearly demonstrates that
the Liguidi target has excellent potential to contribute significantly to
Riverstone's organic growth in 2013 and beyond," said Dwayne Melrose, President
and CEO, Riverstone. "Importantly, these drilling results demonstrate that the
extensive geochemical gold footprint at Liguidi has an underlying bedrock source
and persists from surface down to depths of at least 100 meters. The target is
open in all directions, and warrants a comprehensive drilling campaign to
identify and delineate the high grade segments of this mineralized structure."


(See map on the Riverstone Website for the location of the holes, or click on
this link: http://riverstoneresources.com/i/maps/LiguidiDrillMap1303.jpg. For a
full table of assay results from the RC drilling conducted at Liguidi, please
click on this link:
http://riverstoneresources.com/i/pdf/LiguidiDrillResults1303.pdf)


The Liguidi target stretches for at least 13 kilometres along a splay of the
Markoye Fault Zone. The Markoye Fault Zone and associated structures transect
the country (NNE-SSW) and host estimated resources of more than 16.5 million
ounces of gold in Burkina Faso alone(1).


Riverstone plans to undertake a multi-phase drilling campaign at the
225-square-kilometre Liguidi property as part of its 2013 exploration program.
Drilling at Liguidi is expected to start by March 2013 after four weeks of
detailed mapping and targeting.


The strength and continuity of the Liguidi target increases with each successive
drilling and sampling campaign. It is underpinned by a high-intensity
gold-in-soil anomaly that stretches for at least 13 kilometres. Limited
trenching and drilling carried out in 2005 provided encouraging results,
including 0.63 g/t gold over an entire 111-metre trench length, including 18
metres of 1.45 g/t gold and 18 metres of 1.53 g/t gold. Drill results included
16.5 metres of 1.25 g/t gold, including 9 metres of 1.88 g/t gold. In 2008,
Riverstone announced a rock-sampling program had returned encouraging results,
with values as high as 15.81 g/t gold. Over 20% of the samples ranged between
1.01 g/t and 6.88 g/t gold.


The target was further defined by strong and consistent RAB results released in
2012. Significant intercepts included: 1.43 g/t gold over 24 metres, including
2.78 g/t gold over 12 metres; 1.69 g/t gold over 11 metres; and 1.46 g/t gold
over 12 metres. (See Riverstone news releases dated September 18, 2012 and
September 20, 2012.)


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
density and spacing of drilling to date does not allow an exact orientation of
the 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 ALS Chemex in Ouagadougou,
Burkina Faso. Assays were by 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 10 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 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 releases 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) The Markoye Structural Trend includes the following projects: Iamgold's
Essakane project with 4,262,000 oz Au indicated (140Mt at 1.1g/t), and 797,000
oz Au inferred (24Mt at 1.1g/t); High River Gold's Taparko-Bouroum project, with
756,000 oz Au measured and indicated (9.5 Mt at 2.48 g/t) and 520,000 oz Au
inferred (8.7Mt at 1.87g/t); Orezone Gold Corp.'s Bombore project, with
4,100,000 oz Au measured and indicated (125Mt at 1.03g/t) and 1,000,000 oz Au
inferred (32Mt at 1.00 g/t); and Volta Resources Inc.'s Kiaka Project, with
4,029,000 oz Au measured and indicated (117Mt at 1.07g/t) and 1,000,000 oz Au
inferred (30Mt at 1.0g/t). The four companies' combined reported resources for
the Markoye Structural Trend total 16,464,000 oz Au (13,147,000 oz Au indicated,
3,317,000 oz Au inferred). The companies report that all resource estimates are
NI 43-101 compliant. (i)Resources and Reserves source: company websites.
Although believed to be reliable, management of the Company has not
independently verified such information.




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


Riverstone Resources Inc. - Investor Inquiries
Don Mosher
604-685-6465
info@riverstoneresources.com


Rivestone Resources Inc. - Media inquiries
Ian Noble
604-809-8750
inoble@riverstoneresources.com
www.riverstoneresources.com

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