BHP And Riverside Resources Extend Sonora Mexico Exploration with Budget of US$1,600,000 in Funding Focused on Four Copper Properties and Llano De Nogal
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to report that the BHP - Riverside Exploration Funding Agreement ("EFA") 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 (see Figure 1) with a currently approved US$1,100,000...
2022-09-06 9:00 AM EDT
Riverside Resources Hits Gold in First Five Drill Holes at the Oakes Project
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") 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 (the "Project") in the Geraldton Gold Belt of northwestern Ontario, Canada. The primary focus of the program is the HG Target ("HG") originally identified by field geology and Mag-VLF, and further refined with...
2022-06-15 7:00 AM EDT
Riverside Resources and Hochschild Mining Sign Exploration Earn-in Option Agreement Valued at over US$31,000,000 for La Union Project Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that it has entered into a Exploration Earn-In Agreement (the "Agreement") with Minera Hochschild Mexico, S.A. de C.V. ("Hochschild"), a wholly-owned subsidiary of Hochschild Mining PLC for Riverside's 100% owned La Union Gold-Silver Project (the "Project") in Sonora, Mexico. This new Agreement enables the Project to immediately move ahead with a robust exploration program...
2022-05-17 7:00 AM EDT
Riverside-BHP Exploration Agreement Adds Llano De Nogal Copper Project Tenure from Orogen Royalties in Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), working with funding partner BHP, is pleased to report that it has signed an option agreement with Orogen Royalties Inc. (TSXV: OGN) ("Orogen") to acquire 100% interest in the Llano de Nogal copper project (the "Project") in Sonora, Mexico as a new property acquisition within the BHP - Riverside Sonora Mexico Exploration Financing Agreement ("EFA"). The Llano...
2022-05-05 7:00 AM EDT
Riverside Appoints Wendy T. Chan as New Director
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that the Company has appointed Wendy T. Chan as an Independent Director of Riverside. Her expertise will be extremely valuable to Riverside's corporate strategic development progress. Wendy has over 20 years' experience in developing and executing strategic plans for major companies with global outreach, with a focus on mergers and acquisitions, joint-ventures and cross-cultural strategic alliances....
2022-05-03 7:30 AM EDT
Riverside Expands Drilling Program at Oakes Gold Project, Ontario and Provides Update on Initial Findings
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") is pleased to announce that the Company has expanded its drilling program at the Oakes Project in Ontario, Canada. The Company initiated the program in March with a planned 1500 metres ("m") of drilling and has now completed 1705 m across 12 drill holes. The drill program was designed to test IP geophysical anomalies that were defined...
2022-04-05 7:00 AM EDT
Riverside Initiates 1,500M Drill Program at Its 100% Owned Oakes Project in the Geraldton Gold Belt, Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce the start of a self-funded drill program at the 100% owned Oakes Gold Project (the "Project") in northwestern Ontario, Canada. The first holes of the drill program will be targeting the principal HG Target ("HG" or "High Grade") previously identified during the 2020-2021 exploration work programs. Additional holes are planned to test parallel IP anomalies identified...
2022-03-03 7:30 AM EST
Riverside Resources and Agnico Eagle Mines Reach Sale Agreement for the Pima Property, Santa Gertrudis Mine Area, Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to report it has signed an agreement with Agnico Eagle Mines Limited (TSX:AEM) for the sale of the Pima Property located in Sonora, Mexico, where Riverside will receive cash and completes the pass through royalty transfer with Millrock Resources Inc (TSV:MRO). The Pima Project is part of the Santa Teresa Gold Mining District which includes the Santa Gertrudis...
2022-02-24 7:30 AM EST
Riverside Resources Inc. Closes Oversubscribed $720,000 Charity Flow Through Private Placement for Ontario Exploration Including Drilling at the Oakes Project
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce it has closed its previously announced charity flow through private placement on February 15, 2022. The Company issued 3,430,833 common shares (each, a "Share") issued on a flow-through basis under the Income Tax Act (Canada) at a price of $0.21 per Share to raise aggregate proceeds of C$720,475 (the "Offering") with the Company paying...
2022-02-16 7:30 AM EST
Riverside Resources Inc. Announces $600,000 Charity Flow Through Private Placement for Ontario Exploration
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that it plans to complete a non-brokered, charity flow through private placement of up to 2,857,142 common shares at a price of $0.21 per share to raise aggregate proceeds of up to C$600,000 (the "Offering"). Riverside has no warrants outstanding and there is no warrant with the Offering.The Company intends to use the proceeds of the...
2022-02-04 7:00 AM EST
Riverside Resources Corporate Outlook for 2022
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to provide an outlook on the upcoming 2022 year's catalysts and some of the Company's achievements and milestones in 2021. Riverside continues to progress its Project Generator business model through staking quality prospects, working with partners, finding undervalued acquisitions, and advancing some of its main assets and retaining royalties on all its projects. Moving into 2022, the company...
2022-01-12 7:00 AM EST
Riverside Reports High Grade Sample Results with 2.6 oz/t Gold and 150 oz/t Silver at La Union Project, Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2022) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to report high grade surface sample assay results from its most recent field exploration program at La Union Project in Sonora, Mexico. After completing a claim consolidation in September, Riverside conducted a follow up field mapping and sampling program of 103 samples with the best sample returning 83.2 g/t (2.6 oz/t) gold and 4,816 g/t (150 oz/t) silver....
2022-01-05 7:00 AM EST
Riverside Resources Repatriates Its Portfolio in the Geraldton Gold Belt in Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce the repatriation of its 3 projects in the Beardmore-Geraldton Greenstone Belt ("BGGB") in Ontario, Canada. In February 2021, Riverside offered the sale of its portfolio to iMetal Resources Inc. ("iMetal"). The Purchase Agreement was contingent upon a series of conditions which were not completed. At this time both parties have mutually agreed to dissolve...
2021-12-01 7:00 AM EST
Riverside Resources Sells Its High Lake Greenstone Belt Canadian Portfolio to Golden Retriever Minerals for Cash and 2% NSR
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce the sale of the Company's High Lake Greenstone Belt project portfolio in western Ontario to Golden Retriever Minerals Ltd. ("Golden Retriever") for C$125,000, and a 2% NSR. The High Lake Greenstone Belt Property 100% owned by Riverside covers over 230km2 of mineral claims from east of the Manitoba provincial border to near Kenora, Ontario. Riverside...
2021-11-22 7:00 AM EST
Riverside Consolidates Tenure at La Union Project and Reports High-Grade Gold, Including 59.4 g/t and 40 g/t Gold from Recent Sampling
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") 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 option on the high-grade, previous...
2021-10-06 7:00 AM EDT
Riverside Resources Delineates 3 Projects Within the High Lake Greenstone Belt in Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), 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 (3) 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...
2021-08-19 7:00 AM EDT
Riverside Resources Drills New Gold Vein System Developing an Updated Exploration Model at the Cuarentas Project in Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), 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...
2021-07-29 7:00 AM EDT
Riverside to Receive US$5,400,000 in Additional Funding from BHP to Advance and Drill Copper Projects in Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") 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, Mexico (see Figure 1 below). 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,...
2021-07-15 7:00 AM EDT
BHP and Riverside Complete Second Year Targeting Phase on 5 Porphyry Cu District Projects and Progressing Toward Drilling in near Future in Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") is pleased to announce that significant exploration progress has been made on five (5) copper projects acquired as part of the BHP-Riverside Exploration Funding Agreement ("EFA" or "Alliance") 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 (HVWP). Riverside and BHP are presently evaluating the...
2021-06-21 7:00 AM EDT
BHP and Riverside Resources Extend Exploration Funding Agreement for Third Year for Copper Exploration in Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2021) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), 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...
2021-05-27 7:00 AM EDT