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Investor Update
October 6, 2008

Richfield Ventures Corp. would like to take this opportunity to address concerns with the volatility in the stock markets and its effects on Richfield's share price.

As some of you may or may not know, the TSX Venture exchange has been in a decline since May 2007. This has put downward pressure on all stocks listed on the exchange especially in the Junior mining sector. When things stabilize (and they will) rationality will return.

During the past year Richfield has been exploring its mineral tenures throughout British Columbia and has been active in promoting the company in the investment community. We want to reassure you that we have been taking proactive steps to develop a strategy which will help to improve Richfield's share value, exploration activities, marketing and investor relation programs as we come out of this turmoil.

Richfield Ventures Corp has in-depth knowledge of British Columbia's mineral potential and is ideally positioned to explore mineral opportunities in the province. The company has quality properties, skilled management, and a focused growth strategy.

Again we would like to reassure you that the markets will come back and that Richfield will continue to be aggressive in exploring for a major resource deposit.

If you have any questions or wish for additional information on any of our projects please do not hesitate to contact me.

Sincerely,

Peter Bernier
President & CEO Richfield Ventures Corp.

For further information please contact:

Peter Bernier, President & CEO
Richfield Ventures Corp.
242 Reid Street
Quesnel, BC V2J 2M5
Toll Free 1-877-992-6644
Phone: (250) 992-6644
Fax: (250) 992-6643
www.richfieldventures.ca
pete@richfieldventures.ca

Ryan Glasser, Investor Relations
Richfield Ventures Corp.
1201, 1166 Alberni Street
Vancouver, BC V6E 3Z3
Phone: (604) 801-6625
Mobile: (778) 899-6625
Fax: (604) 687-4770
www.richfieldventures.ca
ir@richfieldventures.ca

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