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 [...]
Riverside Resources Inc. , is pleased to announce that it has entered into a Exploration Earn-In Agreement with Minera Hochschild Mexico, S.A. de C.V. , a wholly-owned subsidiary of Hochschild Mining PLC for Riverside's 100% owned La Union Gold-Silver Project in Sonora, Mexico. This new Agreement enables the Project to immediately move ahead with a robust exploration program and reflects the belief, by both parties, of [...]
Riverside Resources Inc. , working with funding partner BHP, is pleased to report that it has signed an option agreement with Orogen Royalties Inc. to acquire 100% interest in the Llano de Nogal copper project in Sonora, Mexico as a new property acquisition within the BHP - Riverside Sonora Mexico Exploration Financing Agreement . The Llano de Nogal Project will become the fifth active Work Project within the EFA. The new [...]
Riverside Resources Inc. , 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 [...]
Riverside Resources Inc. 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 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 through Riverside's 2021 program and coincided with anomalous surface [...]
Riverside Resources Inc. , is pleased to announce the start of a self-funded drill program at the 100% owned Oakes Gold Project in northwestern Ontario, Canada. The first holes of the drill program will be targeting the principal HG Target previously identified during the 2020-2021 exploration work programs. Additional holes are planned to test parallel IP anomalies identified as the Crib and Brinklow targets to the south [...]
Riverside Resources Inc. , is pleased to report it has signed an agreement with Agnico Eagle Mines Limited 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 . The Pima Project is part of the Santa Teresa Gold Mining District which includes the Santa Gertrudis Gold Mine owned by Agnico Eagle. The Pima [...]
Riverside Resources Inc. , 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 issued on a flow-through basis under the Income Tax Act at a price of $0.21 per Share to raise aggregate proceeds of C$720,475 with the Company paying no brokerage or finder fees. There is no warrant associated with this financing [...]
Riverside Resources Inc. , 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 . Riverside has no warrants outstanding and there is no warrant with the Offering. The Company intends to use the proceeds of the Offering to fund a focused H1 2022 drill program at [...]
Riverside Resources Inc. , 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 [...]