Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce it has completed acquisition and title transfer of the Maria Luisa Copper Property immediately north of Riverside's Ariel Property thus consolidating another 30% and direct drill target for the full Ariel project. With this acquisition Riverside has now fully consolidated the highly prospective Laramide age porphyry Cu-(Au, Mo) district and now controls an area of 16 sq km. The Ariel project has had mineral exploration by Riverside including mapping, sampling, geochemistry, mineral chemistry, remote sensing, geophysical interpretations and is fully permitted for drilling. It represents a turnkey, undrilled, high quality drill target 18 kms immediately east and within sight of Mexico's 2nd largest copper mine, the La Caridad Copper Mining Complex, operated for the past 40 years by Grupo Mexico Mining.
Please click the following link for a brief video summary of this news, the positive impact and opportunity for Riverside provided by John-Mark Staude, President and CEO: https://rivres.com/media-center/ceo-interviews-presentations
Concessions and Transaction
The Ariel project is now consolidated into five concessions that in total cover an area of 1,640 hectares (16 sq km).
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https://www.rivres.com/news/2024-news/iversideesourcesxpandsrielopperrojectwithcquis20240617100503 |