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 Inc. is pleased to provide a brief outlook on its goals and objectives for 2021. Riverside enters the new year with two joint-venture partners actively advancing gold-silver projects in Sonora, Mexico. The Company formed an option partnership agreement with Hochschild Mining on its Cuarentas Project, where an initial 1,500 m [...]
Riverside Resources Inc. is pleased to announce that drill results from the first four of nine holes drilled at the Cuarentas Project have been received and are reported below. The primary focus of this initial drill program targeted the Santa Rosalia area with a total of 9 holes . All drill holes intersected the mineralized structure along the 400 [...]
Riverside Resources Inc. , reports that surface exploration continues at the Cuarentas Gold Project located in northern Sonora, Mexico. Recent trenching and channel sampling work from the Santa Rosalia Sur and El Centro targets returned encouraging assay results in a continuous 1.7 km mineralized structural trend, "El Testerazo" . The Cuarentas [...]
Riverside Resources Inc. provides an update on the latest channel sample results received from the Cerro Magallanes targets at the Cecilia Project . Riverside and partner Carlyle Commodities Corp. find more high-grade gold at surface increasing confidence in the interpretation of the structural control for mineralization. Surface work has helped [...]
Riverside Resources Inc. , has received results from the latest geophysics survey that included 3.8 line-km of Inverse Polarization in five lines across the Cerro Magallanes rhyolitic dome part of the Cecilia Project, Sonora, Mexico . Ahead of drilling, Riverside has further refined and detailed drill targets with the geophysics IP survey using [...]
Riverside Resources Inc. , has commenced an initial 2,000 m diamond drill program at the Cuarentas Gold Project with exploration partner Hochschild Mining Plc . The initial drilling campaign will consist of 10 holes over the historical Santa Rosalia Mine and Santa Rosalia Sur gold vein target areas. These targets are located 1 km apart and form [...]
Riverside Resources Inc. , has received new channel sampling and soil sampling results taken along several of the planned drill targets at The Cuarentas . Results aim to provide respective grade thickness at surface on known targets and to expand the documented strike distance of vein systems through the soil sampling program. The Project is [...]
Riverside Resources Inc. , is pleased to provide an update on the current work program which included rock sampling and drill pad construction ahead of drilling at the Cecilia Project in Sonora, Mexico. The Project is currently under option with Carlyle Commodities Corp. as both companies prepare for an upcoming drill program. Riverside is acting [...]
Riverside Resources Inc. , is pleased to report that the Company is continuing with its generative exploration and geologic data driven targeting approach in staking the High Lake Greenstone Belt west of Kenora, Ontario. The project area is roughly 230 km2 and extends from Kenora, west to the Manitoba provincial border. The claims block is roughly [...]
Riverside Resources Inc. is pleased to announce that it has completed the plan of arrangement which was previously discussed in press releases dated February 25, 2020, April 1, 2020 and April 6, 2020, with the arrangement to spin out the shares of Capitan Mining Inc. to the shareholders of Riverside, effective Friday August 14th, 2020. Capitan and [...]
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 [...]