Riverside Resources Inc.

Riverside Resources is pleased to announce that further to its press releases dated February 25, 2020 and April 1, 2020, the effective date for the spin-out of the Peñoles Project to its shareholders by way of a plan of arrangement with Capitan Mining Inc. is expected to occur at 12:01 a.m. on August 14, 2020. Pursuant to the arrangement, holders of common shares of Riverside on August 13, 2020 will receive one new common [...]

Riverside Resources Inc. , is pleased to announce that it has entered into a Definitive Option Agreement with Carlyle Commodities Corp. , for Riverside's 100% owned Cecilia Gold-Silver Project in Sonora, Mexico. The Agreement would grant Carlyle 100% undivided right, title, and ownership to the Cecilia Project for an aggressive work program, cash payments, shares over-time and a 2.5% NSR with Riverside managing as [...]

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 [...]