Riverside Resources Inc. is pleased to report the mineral tenure consolidation and expansion of La Union Polymetallic Project in Sonora, Mexico. The acquisition of these additional concessions provides Riverside with an expanded land position and further control of the historical mines and old workings across the district. This consolidation through the acquisition of small internal concessions provides Riverside an [...]
Riverside Resources Inc. , is pleased to provide an update on the work program progressing at the High Lake Greenstone Belt in Northwestern Ontario. The company has successfully delineated three projects which are expected to move ahead with more detailed exploration. Last year Riverside staked a commanding land position of 230 square kilometers within the High Lake-Shoal Lake Greenstone Belt, containing at least two gold [...]
Riverside Resources Inc. , is pleased to present the new exploration model for the Cuarentas Project in Sonora, Mexico. This new model results from the compilation of the updated geochemistry processing from an external expert geochemist consultant, combined with the new proof of concept drill results from hole LC20-010. This is the first drill hole testing the Santa Rosalia Sur target by Riverside. Highlights from the [...]
Riverside Resources Inc. is pleased to announce that an additional US$5,400,000 in exploration funding is being granted to advance four (4) previously generated copper projects as part of the expanding copper exploration program with BHP in Sonora. This new funding of at least US$5,400,000 is in addition to the US$1,300,000 allocated for the next generative phase of exploration work, which began two months ago on May [...]
Riverside Resources Inc. is pleased to announce that significant exploration progress has been made on five copper projects acquired as part of the BHP-Riverside Exploration Funding Agreement program. BHP has allocated US$1,300,000 in generative funding towards the EFA over two years with an additional US$1,000,000 in property specific High Value Work Programs . Riverside and BHP are presently evaluating the targets that [...]
Riverside Resources Inc. , is pleased to announce that BHP and Riverside have agreed on moving forward with a third year of generative funding for copper exploration in Sonora, Mexico. Riverside and BHP have established a strong working relationship and foundation for ongoing generative work with a growing pipeline of copper prospects within the Laramide Copper Belt. This month the BHP Exploration Funding Agreement [...]
Riverside Resources Inc. is pleased to report the latest field results from Riverside funded generative exploration work at La Silla Project , Sinaloa, Mexico. Riverside received rock chip sample results with values up to 6.1 g/t Au and identified over 2km of total vein extensions from three vein systems on the property during this spring field program. Riverside's mineral exploration work has highlighted two main [...]
Riverside Resources Inc. , is pleased to provide an update on the completed compilation of the spring 2021 technical work at the Cuarentas Project , Sonora, Mexico. Riverside has recovered the Project from Hochschild, who informed Riverside that they will terminate the earn-in option. Riverside still views the Project's discovery potential as excellent with seven untested targets, additional data and improved geologic [...]
Riverside Resources Inc. , is pleased to report the second batch of results from the drilling program at the Cecilia Project in Sonora, Mexico where work is on-going with partner Carlyle Commodities Corp. . Following the first batch of results announced April 15, 2021, Riverside and Carlyle are now reporting additional anomalous intercepts in the last two drill holes of the Phase I drilling program, including 3.3 m of [...]
Riverside Resources Inc. , is pleased to release its first batch of drill results from the Cecilia Project, Sonora Mexico. The program consisted of a total of seven drill holes, out of which results have been received for five holes so far as reported below. Anomalous gold mineralization was intersected in all five drill holes, with the best intercept being 24.2 m of 1.51 g/t Au starting from only 2.30 m downhole at the [...]
Riverside Resources Inc. , is pleased to announce the sale of the Company's Oakes, Pichette and Longrose Projects in northwestern Ontario for eight million common shares, a 2.5% NSR and cash considerations to iMetal Resources Inc. . The Riverside projects are located in the Beardmore Geraldton Greenstone Belt , northeast of Thunder Bay, Ontario. iMetal has exploration projects in the Abitibi Greenstone Gold Belt and upon [...]
Riverside Resources Inc. , is pleased to announce the start of its first drilling program at the Cecilia Project is slated for early February 2021. The work program will test the un-drilled San Jose structure on the Cerro Magallanes target where recent sampling returned values up to 48.3 g/t gold over 0.75 m at surface . As project operator, Riverside Resources has planned a total of 6 drill holes designed to test down to [...]