STOCK TITAN

Riverside Res Inc - RVSDF STOCK NEWS

Welcome to our dedicated page for Riverside Res news (Ticker: RVSDF), a resource for investors and traders seeking the latest updates and insights on Riverside Res stock.

Riverside Resources Inc. (RVSDF) is a well-funded exploration company focused on value generation and discovery in North America. The company recently acquired two new gold projects in British Columbia and signed an option agreement with Fortuna Silver in Mexico. Riverside is actively expanding its presence in prime mining regions, consolidating highly prospective areas for mineral exploration. With a strong portfolio of gold-silver and copper assets, Riverside leverages its expertise and database to identify promising mineral properties and advance multiple assets simultaneously through joint-venture partnerships.

Rhea-AI Summary

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) has signed a Letter of Intent with Questcorp Mining Inc. (CSE: QQQ) for the La Union project in Sonora, Mexico. Questcorp can acquire 100% interest in the project by investing $5,500,000 over 4 years. Riverside will receive $100,000 and 19.9% ownership in Questcorp. The project is a large, carbonate-hosted gold district with high-grade gold-zinc deposits and past mining operations. Riverside will remain the program operator during the option term and retain a 2.5% net smelter returns royalty on commercial production. The transaction is subject to various conditions, including regulatory approvals and completion of Questcorp's concurrent financing of at least $1,500,000.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
none
-
Rhea-AI Summary

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) has completed a detailed aeromagnetic drone survey at the Cecilia Project in Sonora, Mexico. The survey identified a new magnetic anomaly area of 6 x 2 km² in the southwest part of the project, displaying structural controls similar to the main Cerro Magallanes target area. This discovery expands the focus of upcoming exploration activities.

The project, covering over 60 km², is a district-scale gold and silver, low-sulfidation epithermal system. It is currently optioned with Fortuna Mining, with Riverside as the operator. The company has completed geophysics, geochemistry, and geological integration to improve drill targets. A fully funded drill program is scheduled to start in early Q4, 2024.

The new UAV magnetic data covers the entire project area, with 658 line kilometers flown. The results revealed strong NW-trending magnetic lineaments in the southwestern corner, similar to previously mined and drilled Au-mineralization structural trends. This data will aid in refining targets and planning future exploration efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Riverside Resources (OTCQB: RVSDF) has announced its participation in the 2024 Rule Symposium Investor Conference, hosted by Rick Rule at The Boca Raton Resort in Florida from July 7-11, 2024. Presentations will be recorded and accessible online. This event offers Riverside an opportunity to discuss trends in mineral resources and metals exploration. CEO John-Mark Staude emphasized Riverside's ongoing support for the conference and the chance to update investors on upcoming catalysts in Ontario, drilling with Fortuna Mining, copper discovery, rare earth elements, and the company's royalty portfolio.

Additionally, Riverside has entered into an investor relations agreement with Incite Capital Markets for a minimum six-month term starting June 27, 2024. Incite will provide part-time investor relations services at $7,500 per month. The agreement is pending approval from the TSX Venture Exchange. Incite specializes in capital markets, corporate communications, and investor and media relations, and holds no interest in Riverside or its securities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary

Riverside Resources announced the acquisition of the Maria Luisa Copper Property, further consolidating the Ariel Copper Project in Sonora, Mexico.

This acquisition adds 30% more land, expanding their control to 16 sq km. The Ariel project includes high-grade copper findings and is fully permitted for drilling.

The transaction involved a total payment of USD $200,000 without royalty or retained interest, giving Riverside 100% control.

Riverside aims to partner for drilling at Ariel and Maria Luisa, leveraging proximity to Mexico’s second-largest copper mine, La Caridad.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.09%
Tags
-
Rhea-AI Summary
Riverside Resources Inc. expands the targeting area at the Pichette Gold Project in NW Ontario, progressing the discovery with structural geology and geochemistry. The company locates new mineralized areas, samples high-grade gold, and refines targeting for gold mineralization. Riverside aims to replicate the success of nearby gold mines and is well-positioned with a strong balance sheet and experienced team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Riverside Resources Inc. signs an option agreement with Fortuna Silver's subsidiary, Compania Minera Cuzcatlan, on the Cecilia Gold Silver Project in Sonora, Mexico. Fortuna may earn a majority interest through payments and work commitments. The project, operated by Riverside, is a district scale gold and silver system with exploration targets similar to successful mining districts in Peru and Bolivia. The agreement includes work commitments, expenditures, and payment terms for Fortuna to earn up to an 80% interest in the project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Riverside Resources Inc. announces the discovery of high-grade gold samples at the PAT Vein showings within the Pichette Project. The samples returned 13g/t and 21g/t gold, similar to grades at Leitch and Sand River mines. The project's location offers excellent access and infrastructure, with significant potential for gold mineralization. Riverside completed surface sampling and geological interpretation, unveiling the project's gold mineralization history. The company also issued 335,000 common shares as part of a bonus share plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
Tags
none
-
Rhea-AI Summary
Riverside Resources Inc. has acquired two new gold projects in the Castlegar, British Columbia area, known for hosting significant gold and base metals mineral systems. The Company has entered a simple option to acquire the Deer Park and Sunrise projects, which are prospective for precious and base metals. The Projects can be 100% owned by Riverside, free from any underlying royalties or encumbrances by making three cash payments over two years. Riverside has identified two main targets, Viking Horde, and Cougar Ridge, through geochemical and geophysical surveys. The Deer Park Project comprises mainly Paleozoic metasedimentary and metavolcanic rocks intruded by granodiorites and granites, with mineralization hosted in key units, targeted in the 2024 exploration program. Riverside has also granted 1,725,000 incentive stock options to Directors, Officers, and Consultants of the Company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Riverside Resources Inc. outlines its 2024 milestones and highlights from the past year, emphasizing its strong balance sheet, zero debt, and tight share structure. The company plans to capitalize on opportunities in 2024 and expand upon the growth of the past year. Key goals include transactions of mineral assets, value capture from exploration projects, and maximizing value from the royalty portfolio. The company has experienced a busy year marked by the continued development of high-quality mineral exploration portfolio in Canada, expansion into British Columbia, and several high-quality acquisitions in Mexico. Riverside Resources Inc. has upcoming events, including presentations at the Vancouver Round Up conference and the Prospectors & Developers Association of Canada (PDAC) in Toronto.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) reports rock sampling and fieldwork from the Cecilia Gold-Silver Project in Sonora, Mexico. The results confirm high-grade gold and silver mineralization, with 34 rock samples collected at the primary targets, 22 samples in the main target 'Cerro Magallanes' confirming Au grades up 7.3 g/t Au and Ag > 100 g/t, and updated drilling permits obtained for the next several years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of Riverside Res (RVSDF)?

The current stock price of Riverside Res (RVSDF) is $0.1042 as of February 28, 2025.

What is the market cap of Riverside Res (RVSDF)?

The market cap of Riverside Res (RVSDF) is approximately 7.1M.

What kind of projects is Riverside Resources Inc. involved in?

Riverside Resources Inc. is focused on gold-silver and copper assets in North America, with recent acquisitions and partnerships in British Columbia and Mexico.

How does Riverside Resources Inc. approach mineral exploration?

Riverside Resources Inc. employs a prospect generator model, securing joint-venture partnerships to advance multiple assets simultaneously and increase the chances of discovery.

What recent acquisitions has Riverside Resources Inc. made?

Riverside Resources Inc. acquired two new gold projects in British Columbia and signed an option agreement with Fortuna Silver in Mexico, consolidating highly prospective areas for mineral exploration.

What sets Riverside Resources Inc. apart in the mining industry?

Riverside Resources Inc. stands out for its strategic partnerships, strong portfolio of assets, and expertise in identifying and advancing promising mineral properties in prime mining regions.
Riverside Res Inc

OTC:RVSDF

RVSDF Rankings

RVSDF Stock Data

7.14M
70.89M
5.17%
Other Precious Metals & Mining
Basic Materials
Link
Canada
Vancouver