Riverside Resources Inc. , is pleased to announce that it has entered into a Definitive Option Agreement with Minera Hochschild Mexico, S.A. de C.V. , a wholly-owned subsidiary of Hochschild Mining PLC for Riverside's 100% owned Los Cuarentas Gold-Silver Project in Sonora, Mexico. This Agreement enables the Project to immediately move ahead with a robust exploration program and reflects the belief, by both parties, of the [...]
Riverside Resources Inc. , is pleased to announce the continuation of the Exploration Agreement with BHP Exploration Chile SpA for the funding of generative copper exploration in the copper producing belt of Sonora, Mexico . BHP will be providing Riverside with US$720,000 to commence the first half of the second year of the Program to continue to grow the portfolio of copper projects which is an increase of US$220,000 [...]
Riverside Resources Inc. , is pleased to report results from its recent rock-chip sampling and target mapping program at the Los Cuarentas Gold Project in Sonora, Mexico. Riverside collected additional channel samples along the primary targets and developed a better understanding of the structural setting identifying two additional vein systems and finding surface exposures with high-grade gold. The Los Cuarentas Project [...]
Riverside Resources is pleased to announce that, further to its press release dated February 25, 2020, it has received requisite shareholder approval for the spin-out of the Peñoles Project to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement at the Company's AGM. Riverside shareholders will receive one new common share of Riverside and 0.2767 of a Capitan share [...]
Riverside Resources Inc. provides a brief update to its shareholders and followers during this unprecedented time with the COVID-19 outbreak, evolving government recommendations and current market uncertainty. The Company remains in a strong overall position with high-value properties and partnerships which also help to reduce capital expenditures. The Company currently has local teams on the ground carrying out [...]
Riverside Resources Inc. , is pleased to report that the Company has doubled the land tenure at its Oakes Project and provides new exploration results and interpretations from its 100% owned western Ontario gold projects. The Ontario projects located northeast of Thunder Bay to the east of Red Lake and west of Timmins, Ontario are along the major Archean greenstone belt. Riverside recently completed IP inversion studies [...]
Riverside Resources Inc. is pleased to announce that its board of directors has unanimously approved a spin-out of the Peñoles Project, located in Durango, Mexico, to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement. The Peñoles Project is held through Riverside's wholly-owned subsidiary, Capitan Mining Inc. Under the Arrangement, Riverside will [...]
Riverside Resources Inc. , is pleased to report on rock sampling and field work from the Los Cuarentas Gold Project in Sonora, Mexico. The Project is located immediately west of Silver Crest's Las Chispas high-grade Ag deposit and along the east boundary of Premier Gold Mines, Mercedes Mining Operation and property tenure. These adjacent deposits and operations have high-grade precious metals hosted within low sulfidation [...]
Riverside Resources Inc. provides a brief outlook with corresponding goals for 2020. Riverside enters the year with a number of high-quality gold, silver and copper exploration assets in Mexico and a newly developed gold portfolio in Ontario, Canada. The Company had a busy and productive 2019 with a new strategic partnership agreement and new project acquisitions in both Canada and Mexico. The Company still maintains a [...]
Riverside Resources Inc. announces that it has completed the second round of exploration work at the Oakes Gold Project in the Beardmore-Geraldton Greenstone Belt located to the east of Red Lake and west of Timmins, Ontario. Key Highlights: 2nd round of exploration sampling program completed with new high-grade gold results Identification of the east and west extensions of the HG shear zone 600 metres of potentially [...]
Riverside Resources Inc. , is pleased to announce the progression of the Company’s Canadian business growth model with the acquisition of the Pichette Gold Project near Jellicoe, in the Beardmore-Geraldton Greenstone Gold Belt in western Ontario. Riverside’s generative exploration work in Ontario has been significant during 2019, with Pichette marking the third high-grade orogenic gold prospect generated. The [...]
Riverside Resources Inc. , is pleased to provide a progress update on the Company’s minimum two-year, US$2,000,000 Exploration Financing Agreement with BHP for generative copper exploration within the Laramide copper belt of Sonora, Mexico . In September, Riverside and BHP completed their first 3-month Technical Committee Meeting, which comprised of field visits and a formal in-person meeting to go over all [...]
