TORONTO - Richmond Minerals Inc. (TSXV: RMD) ('Richmond' or the 'Company') is pleased to provided exploration results for its August field reconnaissance campaign completed at the company's flagship Bretstein lithium project (the 'Project') located in the Styria mining district of Central Austria, Europe. The Bretstein project consists of 191 licenses ('Freischurfe') covering an area of 89.2 km2 and is located close to the Company's Oberzeiring Polymetallic project. Specifically the field reconnaissance campaign consisted of prospecting and sampling of pegmatite outcrops and boulders with spodumene mineralization within the Project area.

Given its size, the Project has been divided into areas referred to as the Hirnkogel, Keckgraben, and Scharnitzalm areas. Geology of the Hirnkogel area consists of amphibolites, schists, and marble bedrock formations hosting pegmatite veins. Grab samples from pegmatite outcrops returned values ranging from

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