RVS True Gold Mining, Inc.

Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV)
("Riverstone" or the "Company") is pleased to report that it has received the
formal transfer documentation from the Burkina Faso Minister of Mines evidencing
the transfer of the Liguidi Malguem exploration permit (the "Liguidi EP") from
Orex Ressources sarl ("Orex") to Riverstone.


The Company's 100% owned Liguidi EP and the area pertaining thereto (the
"Property") occurs in highly prospective Birimian Greenstone Belts (see map on
the Company website illustrating the geographical location of the Property:
http://www.riverstoneresources.com/i/maps/120912LM-110503BurkinaPlan.jpg).


As previously disclosed (see Company's news release dated September 18, 2012),
Riverstone has concluded an agreement to acquire Orex's retained 14%
non-participating interest (the "Interest") in the Property. The Interest was
applicable in relation to any future Burkina Faso mining company formed for the
purpose of gold production from the Property pursuant to a mining permit.


Riverstone is active in Burkina Faso, West Africa, where it holds a portfolio of
four high quality exploration projects covering in excess of 2,000 square
kilometres. The Company's flagship project is the Karma Gold Project (the "Karma
Project"), which comprises a NI 43-101 compliant in-pit Whittle indicated
resource of 1.6 million ounces of gold in 47.3 million tonnes grading 1.1 g/t
gold and an inferred resource of 0.6 million ounces of gold in 18.9 million
tonnes grading 0.93 g/t gold (see Company's news release dated January 9, 2012
and NI 43-101 Technical Report titled, "Technical Report and Resource Estimate
on the Karma Project, Burkina Faso, West Africa" filed on SEDAR (www.sedar.com)
February 23, 2012). Since the data cut-off for the resource estimation, the
Company has completed in excess of an additional 85,000 metres of drilling on
the Karma Project, and it is expected that the results of this drilling will add
to the overall resource of the Karma Project deposits for which a new resource
estimate is expected to be released this quarter. The results of a Preliminary
Economic Assessment have recently been released (see Company news release dated
August 20, 2012 and NI 43-101 Technical Report titled, "Preliminary Economic
Assessment Report for the Karma Project, Burkina Faso, West Africa", with an
effective date of August 2, 2012, filed on SEDAR (www.sedar.com) September 17,
2012), highlighting the Karma Project to be a robust project.


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 L. Melrose, President & CEO

The Company's Vice President, Exploration, Paul G. Anderson, is the Qualified
Person for Riverstone and has reviewed and approved the technical contents of
this release.


Certain statements made and information contained in this news release and
elsewhere constitutes "forward-looking information" within the meaning of
Canadian securities legislation. 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 updated resources estimate, the assumptions set forth in this news release
and in the Company's news release of January 9, 2012, August 20, 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.

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