Latest Riverside Res Inc (RVSDF) Headlines Part
Post# of 5
Partner-Funded Drilling has Commenced at Riverside's Penoles Project in Durango, Mexico
Marketwire - Thu Mar 06, 7:03AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to announce that drilling has commenced on the Penoles project in Durango, Mexico. The 3,000-metre drilling program is designed to expand on the known silver and gold mineralized areas identified by previous drilling campaigns. Initial drill holes are planned at Jesus Maria to follow up on high-grade silver results from the 5-hole program that was completed the previous year, which included 320 g/t silver over 11.85 metres (see press release June 10, 2013). Click the following link to view a short video clip of the drilling at the Penoles Project captured three days ago: www.rivres.com/penoles-video
Partner-Funded Drilling has Commenced at Riverside's Peñoles Project in Durango, Mexico
Marketwire Canada - Thu Mar 06, 7:00AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(PINKSHEETS:RVSDF)(FRANKFURT:R99) is pleased to announce that drilling has commenced on the Penoles project in Durango, Mexico. The 3,000-metre drilling program is designed to expand on the known silver and gold mineralized areas identified by previous drilling campaigns. Initial drill holes are planned at Jesus Maria to follow up on high-grade silver results from the 5-hole program that was completed the previous year, which included 320 g/t silver over 11.85 metres (see press release June 10, 2013). Click the following link to view a short video clip of the drilling at the Penoles Project captured three days ago: www.rivres.com/penoles-video
Riverside Resources Stakes the Compuerta Copper Project in Sonora, Mexico
Marketwire - Mon Mar 03, 7:32AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to announce that the Company has staked and is in the process of acquiring title to the Compuerta Copper Project (the "Project") in Sonora, Mexico. The Project will now be advanced under the terms of the Company's copper porphyry exploration alliance (the "Alliance") with a wholly owned subsidiary of Antofagasta plc. ("Antofagasta"). The Project is located 6 km south of the Washington Cu-Mo deposit and 75 km SW of the La Caridad Cu-Mo Mine, part of the most productive portion of the NW Mexico Laramide Copper Belt. Early results from initial rock chip sampling conducted by Riverside have returned up to 0.7% copper (Cu) from outcrops and the Company has received initial approvals from Antofagasta for additional funding to carry out further exploration and target definition at Compuerta, subject to execution of an earn-in and option agreement.
LED Medical Diagnostics Inc. Announces Appointment of Lamar Roberts to President of LED Dental Ltd.
Marketwire - Tue Feb 25, 7:06AM CST
LED Medical Diagnostics Inc. ("LED Medical" or the "Company") (TSX VENTURE: LMD)(OTCQX: LEDIF)(FRANKFURT: LME) announced today that Mr. Lamar Roberts has accepted the role of President of LED Dental Ltd. ("LED Dental"), effective immediately.
Riverside and Alliance Partner, Hochschild Mining Plc., Acquire Option to Earn 100 Percent Interest in the Cajon Gold Project in Sonora, Mexico
Marketwire - Mon Feb 03, 8:02AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI) (PINKSHEETS: RVSDF) (FRANKFURT: R99), is pleased to announce that it has signed a Definitive Agreement with a private Mexican company to acquire an undivided 100% interest in the Cajon Gold Project (the "Project"). The 94 km2 Project is located approximately 7 km east of the Cerro Colorado Mine and approximately 55 km west of the San Francisco Mine, within the Sonora Megashear Gold Belt, and in the source area of the Boludo placer gold fields, one of northern Mexico's most productive placer districts. Recent exploration work completed by the private company, and its past option partner, demonstrates excellent potential with a number of historically sampled high-grade mineralized systems covering 10 separate target areas.
Riverside Receives Shares, Warrants and $750,000 Drilling and Exploration Commitment from Morro Bay Resources
Marketwire - Thu Jan 23, 7:02AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to announce that new partner, Morro Bay Resources Ltd. ("Morro Bay"), has completed its qualifying transaction whereby it has acquired from Sierra Madre Developments Inc. ("Sierra Madre") an option to earn an initial 51% and up to 65% interest in Riverside's Penoles Project (the "Transaction"). As a result of the Transaction, Riverside has received 3,705,974 Morro Bay common shares and 1,852,987 Morro Bay warrants. Morro Bay will also fund a minimum of $750,000 in exploration and drilling at the Penoles Project that will aim to build on last year's results at the historic Jesus Maria silver mine area. Further information can be found in the Transaction Details section below.
Morro Bay Resources Ltd. Announces Receipt of Shareholder Approval for its Qualifying Transaction and Other Matters Relating to the Qualifying Transaction
Filing Services Canada - Fri Jan 17, 2:39PM CST
Morro Bay Resources Ltd., formerly Morro Bay Capital Ltd. (MRW.P - TSX Venture), a capital pool company ("Morro Bay"), is pleased to announce that it has received approval from its shareholders for its previously announced Qualifying Transaction (as that term is defined in Policy 2.4 - Capital Pool Companies of the TSX Venture Exchange (the "Exchange")), described in more detail in Morro Bay's information circular ("Information Circular") dated December 18, 2013 (the "Qualifying Transaction").
Riverside Resources Outlines Corporate Growth Plans for 2014
Marketwire - Tue Jan 14, 8:05AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to provide an overview of the Company's growth plans for the coming year. Riverside will look to strategically build on the successes achieved during 2013, which included securing two new fully funded strategic alliances with major metal producers for mineral exploration work in northwestern Mexico, four new partner funded project acquisitions and positive drilling and exploration results highlighted by the high-grade silver values reported at the Penoles Project in Durango, Mexico. The Company continues to diligently manage its capital with more than $5,000,000 in cash, no debt and less than 37,000,000 shares outstanding.
Riverside Resources Signs Agreement to Option the Coatan Gold Project to Paget Southern Resources for Payments and Work Program
Marketwire - Fri Dec 20, 9:04AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to announce that through its wholly owned subsidiary, Riverside Resources Mexico, S.A. de C.V., the Company has signed an agreement with Paget Southern Resources S. de R.L. de C.V. ("Paget"), a wholly owned subsidiary of Pembrook Mining Corp., granting Paget the option to earn up to a 100% interest in the Coatan Gold Project (the "Project"). In order to earn an initial 70% interest, (the "Initial Option"), Paget will have to incur $1,800,000 in exploration expenditures over four (4) years and make $27,460 in cash payments to Riverside. Upon exercising the Initial Option, Paget will have the option to acquire the remaining 30% by paying $1,500,000 in cash to Riverside within one (1) year (the "Additional Option"). In the event that Paget acquires a 100% interest in the Project, Riverside would retain a 2% Net Smelter Return (NSR) royalty, or if either party's interest falls below 10% it will be converted to a 2% NSR.
Riverside Announces Exploration Results From the Flute and Lennac Project in Central British Columbia
Marketwire - Thu Nov 21, 9:40AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to announce results from the 2013 exploration program at the Flute and Lennac Designated Properties located near Smithers in central British Columbia (BC) which lead toward potential exploration core drilling in 2014 of the Massive Sulfide Zone and other targets in the large Flute and Lennac properties. This season's exploration work at Flute and Lennac consisted of RC drilling, Ah-horizon soil sampling, induced polarization geophysical surveying, geological mapping and rock sampling. The partner-funded exploration, undertaken by the Company's Exploration Alliance with partner Antofagasta Minerals S.A. ("Antofagasta"), generated new anomalous copper-gold targets with three new porphyry style intrusive centres discovered in this season's work with the new Massive Sulfide Zone being of particular interest.
Riverside and Alliance Partner, Hochschild Mining Plc., Acquire 100 Percent Interest in Three Gold Projects in Sonora Megashear Gold Belt, Mexico
Marketwire - Wed Nov 06, 11:58AM CST
Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINK SHEETS: RVSDF)(FRANKFURT: R99), is pleased to announce that Riverside Resources Inc. has signed a binding Letter Agreement with Argonaut Gold Inc. ("Argonaut"), to acquire an undivided 100% interest in the Bohemia, Texson, and Cien gold projects (the "Properties") located in the prolific Sonora Megashear Gold Belt. The Bohemia project is of particular interest as high-grade gold has been observed in veins, stockwork, and wall rocks, with 27% of Riverside's 142 field-check rock chip samples grading greater than 1 g/t Au and up to 20.3 g/t Au. Bohemia is located 15 km northwest of the past producing La Choya Mine, which is now being redeveloped by Penoles, and in the same mineralized belt as the multi-million-ounce deposits in the Herradura, Noche Buena, and Soledad-Dipolos Mines operated by Penoles-Newmont. Further information on all of the acquired Properties can be found in the Property Details section below.
Valterra Options Swift Katie Project to Riverside-Antofagasta Alliance
Marketwire - Thu Oct 31, 8:02AM CDT
Valterra Resource Corporation ("Valterra") (TSX VENTURE: VQA)(FRANKFURT: 3VA) reported today that it has entered into an option agreement with Riverside Resources (BC) Inc. ("Riverside") for exploration and development of the Swift Katie Project in southeast British Columbia. The agreement will be undertaken by the Riverside Exploration Alliance with a wholly owned subsidiary of Antofagasta plc ("Antofagasta") ("Alliance"). The Alliance focuses on identifying new large copper deposits throughout the primary copper belts of British Columbia, Canada.