Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV)
("Riverstone" or the "Company") is pleased to announce the start of a Reverse
Circulation ("RC") drilling program on its 100% owned Liguidi Malguem
Exploration Permit ("Liguidi") in Burkina Faso, West Africa. The RC drill
program is intended to follow up on a recently completed Rotary Air Blast
("RAB") drilling program that tested portions of a 13 km long by up to 4 km wide
soil geochemical anomaly. This soil anomaly represents one of the largest and
strongest continuously mineralized gold anomalies in Burkina Faso.


The Liguidi property contains several distinct artisanal sites within the soil
anomaly, which is characterized by highly anomalous gold values in excess of 100
ppb gold, and which is open to the southwest. It is approximately 4 kilometres
to the property boundary. The soil anomaly closely follows a strong deformation
zone, thought to represent a splay off of the Markoye Fault Zone. The Markoye
Fault Zone and associated structures hosts in excess of 15 million ounces of
gold in Burkina Faso alone. 


From northeast to southwest, the artisanal sites are Wayalguin, Three Hills, the
Quartz Zone and Legare's Zone. The Quartz Zone is a strong 1000 m by 150 m zone
of anomalous quartz-sulphide boulders that graded greater than 1.0 g/t gold that
was confirmed with RAB drilling. Legare's Zone is a 6 km long trend of gold
mineralization, with a parallel 2 km long zones to the southeast, which were
also confirmed with RAB drilling. Previous results include (see Riverstone news
releases dated September 18, 2012 and September 20, 2012):




     Trench ("TR") or      Interval      Average Gold          Location     
        Drill Hole            (m)         Grade (g/t)                       
                                                                            
          TR-01                8             2.18             Wayalguin     
                                                                            
          RC-07               4.5            1.66             Wayalguin     
                                                                            
          TR-04               111            0.63            Three Hills    
        including             18             1.45                           
           and                18             1.53                           
                                                                            
         RAB-042             15.5            1.24            Quartz Zone    
        including              3             5.07                           
                                                                            
         RAB-232              11               1             Quartz Zone    
        including              3             3.27                           
                                                                            
      LMG-12-RAB-436          11             1.69           Legare's Zone   
                                                                            
                                                                            
      LMG-12-RAB-499          18             1.02           Legare's Zone   
                                                                            
      LMG-12-RAB-523          24             1.43           Legare's Zone   
        including             12             2.78                           
                                                                            
      LMG-12-RAB-538          12             1.46           Legare's Zone   
                                                                            
      LMG-12-RAB-590           3             4.14           Legare's Zone   
                                                                            
      LMG-12-RAB-613           3              2.8           Legare's Zone   
                                                                            
      LMG-12-RAB-864           6             1.98           Legare's Zone   
                                                                            
      LMG-12-RAB-869          12             1.28           Legare's Zone   



"We are excited about the start of the RC drill program. The recently completed
RAB drilling program confirms that the 13 km long soil geochemical anomaly hosts
significant gold grades throughout its strike length", commented Dwayne L.
Melrose, President and CEO of Riverstone. "The RC drilling program is expected
to build on the previous RAB results along the Markoye Fault Zone that hosts the
greatest concentration of gold resources delineated to date in Burkina Faso".


About Riverstone

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 km.
Riverstone's flagship project is the Karma Gold Project in Burkina Faso, West
Africa (the "Karma Project"), which comprises a NI 43-101 compliant in-pit
Whittle total indicated resources of approximately 1.9 million ounces of gold in
56.5 million tonnes with an average grade of 1.07 g/t gold and total inferred
resources of approximately 492 thousand ounces of gold in 15.4 million tonnes
with an average grade of 1.0 g/t gold (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). The results of an independent Preliminary
Economic Assessment ("PEA") (see Riverstone news release dated August 20, 2012
and independent NI 43-101 compliant Technical Report titled, "Preliminary
Economic Assessment Report for the Karma Project, Burkina Faso, West Africa",
dated effective August 2, 2012, filed on SEDAR (www.sedar.com) September 17,
2012), highlights the Karma Project to have robust economics. The PEA is based
on Riverstone's previous January 9, 2012 resource estimate and while relevant
and valid in regards of the January 9, 2012 estimate cannot necessarily be
extrapolated to the updated resource estimate announced on October 3, 2012. 


The PEA is considered preliminary in nature and includes Inferred Mineral
Resources that are considered too speculative geologically to have the economic
considerations applied to them that would enable them to be categorized as
Mineral Reserves and there is no certainty that the production profile concluded
in the PEA will be realized. Mineral Resources that are not Mineral Reserves
have not yet demonstrated economic viability.


Paul Anderson, M.Sc., P. Geo., the Company's Vice-President, Exploration, is the
Company's Qualified Person for the purposes of National Instrument 43-101 and
has reviewed and approved the technical contents of this release.


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


ON BEHALF OF THE BOARD 

Dwayne L. Melrose, President & 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 updated resources estimate, the assumptions set forth in this news release
and in the Company's news releases of January 9, 2012, August 20, 2012, 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Riverstone Resources Inc. - Vancouver Office
Dwayne L. Melrose
President & CEO
604-801-5020
info@riverstoneresources.com


Riverstone Resources Inc.
Don Mosher
Corporate Development
604-685-6465


Riverstone Resources Inc.
Raju Wani
Investor Relations
403-240-0555


Riverstone Resources Inc.
Ron Cooper
Investor Relations
604-986-0112
www.riverstoneresources.com
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