Morro Bay Resources announces that it is arranging a non-brokered private placement of 2,000,000 to 30,000,000 units. Each unit will be comprised of one common share of the Company and one common share purchase warrant. Subject to regulatory approval, the units will be offered at a price of $0.05 per unit for gross proceeds of between $100,000 to $1,500,000. Each warrant will be exercisable for one common share of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 26, 2015) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(PINKSHEETS:RVSDF)(FRANKFURT:R99) is pleased to announce that it has signed an option agreement with Argonaut Gold Inc. ("Argonaut") to acquire a 100% interest in the Glor Gold Project (the "Project"), located approximately 8 km west of AuRico's El Chanate Mine in Sonora, Mexico. The Project [...]
Morro Bay Resources and Riverside Resources are pleased to report a project-first, independent resource estimate for the Jesus Maria Silver Zone and the El Capitan Gold Zone which represent two of the known mineralized zones at Peñoles. The Peñoles Project is easily accessible and lies within the Durango Silver Belt, which is one of the most developed and low-cost mining regions in Mexico. Based on the current drill hole data, the Jesus Maria and El Capitan deposits form relatively continuous zones of mineralization that are poten... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 18, 2015) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) is pleased to announce that the Company has staked and is in the process of acquiring title to the 128 km2 Thor Copper Project (the "Project") in Sonora, Mexico. The Project was acquired as a part of funded alliance activities through the Company's copper [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 20, 2015) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) announces that the terms for the option on the Peñoles Project (the "Project") between the Company and its partner, Morro Bay Resources Ltd. ("Morro Bay") have been amended to facilitate further exploration work, payments to Riverside and advancement of the Project. Under the amended terms, to earn an initial 51 percent Morro Bay will pay to Riverside a further $750,000 CAD by the extended Option Agreement exercise date of March 31, 2015 (payable in cash or shares at Morro Bay's election provided Morro Bay shares are valued at $0.05 or greater). The $1,250,000 USD an... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 14, 2015) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) is pleased to provide an exploration update from the Company's 100% owned Tajitos Gold Project (the "Project") in Sonora, Mexico. Riverside geologists have completed the first phase of underground mapping and sampling of more than 10 historic underground [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 22, 2014) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) is pleased to announce that the Company has entered into an Option Agreement (the "Agreement") with CroesUS Gold Corp. ("Croesus"), whereby Croesus can acquire a 100% interest in the Company's Sugarloaf Peak Project in Arizona (the "Property"). In order to exercise the option, Croesus must incur $5,000,000 in aggregate exploration expenditures, pay Riverside $3,000,000 in cash ($1,500,000 payable in Croesus shares at Croesus' election) and issue Riverside a minimum of 2,500,000 Croesus shares, with Riverside retaining a 2% NSR. Croesus can purchase half (1%) of the NSR for $3,000,... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 16, 2014) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) announces that it has granted a total 1,087,000 incentive stock options (the "Options") to certain Directors, Consultants and Officers of the Company. The Options are exercisable at $0.27 per share for a period of five years from the date of grant. The Options [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 13, 2014) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(FRANKFURT:R99)(PINKSHEETS:RVSDF) is pleased to announce the results of a recently completed reconnaissance drilling campaign at the Swift Katie Project (the "Project") located in southeastern BC. Five diamond drill holes, totaling 1423m, were completed at the Swift porphyry target with some [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 22, 2014) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(PINKSHEETS:RVSDF)(FRANKFURT:R99) is pleased to announce drill results from the San Rafael historic mine area ("San Rafael") at the Peñoles Project (the "Project") in Durango, Mexico. This most recent round of drilling focused on stepping out beyond the already known gold body at El Capitan and high-grade silver vein system at Jesus Maria, with the first five drill holes now completed 2 kilometres to the east at San Rafael. Drill result intervals included (DDH-14-01) 3.08 metres of 1.19 g/t gold and 79.2 g/t silver, and (DDH-14-05) 8.90 metres of 0.63 g/t gold and 101 g/t silver. The drilling intersected key mineralized... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 2, 2014) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(PINKSHEETS:RVSDF)(FRANKFURT:R99) is pleased to announce that drilling has commenced on the Swift Katie Project (the "Project") located in southeastern BC. Drilling will focus on the newly identified "Swift" porphyry target. Historic drilling in the Swift area targeted precious metal veins [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 25, 2014) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(PINKSHEETS:RVSDF)(FRANKFURT:R99), is pleased to announce the initiation of the 2014 drilling program to explore the San Rafael silver-gold system and outlying early stage gold-silver zones, which were recently delineated during regional reconnaissance mineral exploration. Approximately nine [...]
