#riversideresources

Riverside Resources expands into Canada

Riverside Resources (RRI.V)now no longer is a purely Mexico focused prospect and project generator as the company has now staked its first claims in Canada. Riverside called its new project the Oakes Gold Project, and the claims are located in northwestern Ontario in the Geraldton region. Although the Geraldton region may not immediately ring a bell, there are some past producing mines in the…

Riverside Resources purchases Millrock’s Sonora project portfolio

Riverside Resources (RRI.V) has entered into a binding agreement with Millrock Resources (MRO.V)to acquire five projects from the latter for a total consideration of C$35,000 in cash and 150,000 shares of Riverside Resources. According to Riverside, it had been eyeing some of the properties for quite a while, and the company appears to be happy with the purchase. Looking at the map, three of the…

Riverside Resources detects gold at Sandy

Riverside Resources (RRI.V) has released the initial results from its mapping, sampling and geophysical activities at the Sandy gold project in Mexico’s Sonora province. According to the first interpretation of this first pass exploration project, CEO Staude thinks the gold appears to be associated with large structures and intrusions, but obviously more work needs to be done to put a geological…