Riverside Resources Inc. , is pleased to announce it has completed an airborne geophysical helicopter magnetics survey on the Duc Project in northwestern Ontario progressing this important project in Riverside's Canada portfolio. The Duc Project is located south of the town of Kapuskasing in the highly prospective Porcupine Mining District, which hosts a number of orogenic gold deposits and critical metals projects [...]
Riverside Resources Inc. , is pleased to announce that the Company has appointed James Ladner as an Independent Director of Riverside. His expertise will be extremely valuable to Riverside's corporate strategic development progress, as the Company has a strong balance sheet, no debt, and can consider growth transactions. James holds a MBA equivalent from the University of St.Gallen and has over 25 years' experience in [...]
Riverside Resources Inc. , is pleased to announce that it has signed an Option Agreement to acquire a 100% undivided right, title and interest in the Union Mine, within the Union District of Sonora, Mexico. This district has historically produced high-grade zinc, gold and silver in carbonate replacement deposits , which is a significant style of deposit forming major mines in northern Mexico and the southwest USA. The [...]
Orogen Royalties Inc. is pleased to announce fiscal 2022 performance of its project generation business in Mexico, United States, and Canada. 2022 Highlights Partner-funded exploration work of $5.6 million, including three drilling campaigns totaling approximately 5,000 metres. Eight option and sale agreements completed with sixteen active exploration partnerships Five new royalties generated in Mexico, Nevada, and [...]
Riverside Resources Inc. , is pleased to announce it has staked additional claims in northwestern Ontario and acquired the Duc Project , located south of the town of Kapuskasing, part of the Porcupine Mining District. The Project is roughly 600 hectares in size and located west of the past producing Agrium Ltd. carbonatite phosphate mine, within the Wawa Subprovince, which hosts several rare earth element occurrences and [...]
Riverside Resources Inc. , is pleased to provide an outlook of the Company's growth plans for the coming year and recap the accomplishments and milestones achieved this past year. In 2023, Riverside Resources plans to take advantage of its strong balance sheet and sound portfolio of JV-ready projects. Furthermore, the royalty portfolio growth of the past 12 months puts Riverside in a unique valuable position heading into [...]
Riverside Resources Inc. , is pleased to report it has signed a definitive sale and royalty agreement with Minera Fresnillo, S.A. de C.V. a wholly owned subsidiary of Fresnillo PLC for the sale of Riverside's Tajitos Gold Project located in Sonora, Mexico. Riverside will receive a US$2,500,000 cash payment and retain a 2.0% NSR . The Tajitos Gold Project is located less than 30 kilometers from Fresnillo's Noche Buena [...]
Riverside Resources Inc. is sad to report the passing of its longest serving director, Brian Groves, who passed due to natural causes on Monday Oct 24, 2022. Brian had become the first additional director to the company on Oct 1, 2007, immediately after the Company listed on the TSX-V on August 28, 2007. Brian's leadership added immediate experience, commitment, and sage guidance to the Riverside team and throughout the [...]
Riverside Resources Inc. has been reimbursed for past taxes and fees with more than USD$500,000 of new mineral exploration and consolidation work completed to-date as per the option agreement announced in May 2022 with Hochschild Mining Corp. Exploration work at La Union Project has returned gold values greater than two ounces per ton , silver values over 20 oz/t and up to six percent zinc . There are four primary drill [...]
Riverside Resources Inc. is pleased to report assay results for the remaining 7 drillholes of its twelve-hole, 1700-meter diamond drill program completed at the Oakes Gold Project in northwestern Ontario, Canada. The primary focus of the first drill program at Oakes was to test the 'HG' Target identified by geophysics and trenching programs for gold grades and continuity. The results came back favorable with hole 22-11 [...]
Riverside Resources Inc. , is pleased to report that the BHP - Riverside Exploration Funding Agreement will be extended into a fourth year. Building on the past three years of BHP fully funded generative exploration work, the EFA will move into the next exploration phase focusing on five copper projects in Sonora, Mexico with a currently approved US$1,100,000 in exploration funding to work on the Llano de Nogal district [...]
Riverside Resources Inc. is pleased to report assay results for the first five drillholes from the Company's twelve-hole, 1,700 meter diamond drill program completed at the Oakes Gold Project in the Geraldton Gold Belt of northwestern Ontario, Canada. The primary focus of the program is the HG Target originally identified by field geology and Mag-VLF, and further refined with follow up IP geophysics and trenching [...]
