News Releases

February 24, 2010

Davidson Property 2010 Exploration Program Announced

Vancouver, BC - Silver Quest Resources (TSX.V:SQI) ("Silver Quest" or "the Company") wishes to report that Richfield Ventures Corp. ("Richfield") has announced plans to undertake an aggressive follow-up exploration program during 2010 on the Company's Davidson Property, located approximately 110 kilometres southwest of Vanderhoof, British Columbia. The Davidson Property is under option to Richfield and forms part of Richfield's "Blackwater Project".

The following highlights are from the announcement made by Richfield on February 9, 2010.

Following the completion of Richfield's 2009 exploration program on the "Blackwater Project", Richfield is planning an aggressive, two stage follow-up drill program consisting of approximately 50 diamond drill holes totaling 25,000 metres, the majority of which are planned to be on Silver Quest's Davidson Property. The program is scheduled to begin in April 2010 with the mobilization of two drills. Plans for Stage One include some 20 diamond drill holes totaling 10,000 metres designed to extend the known limits of mineralization. Plans for Stage Two, the resource drilling stage, include an estimated 30 diamond drill holes each approximately 300 - 500 metres in depth. The objective of the Stage Two drilling is to increase the drill hole density on the property, which is needed to calculate a 43-101 compliant resource. Richfield also plans to complete initial metallurgical testing during the 2010 program.

Shareholders are encouraged to monitor Richfield's news releases (TSX.V:RVC) for program details and updates.