Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY)
( Riverside or the Company ), is pleased to release its first batch of drill results from the Cecilia Project, Sonora Mexico. The program consisted of a total of seven (7) drill holes, out of which results have been received for five (5) holes so far as reported below. Anomalous gold mineralization was intersected in all five drill holes, with the best intercept being
24.2 m of 1.51 g/t Au
starting from only 2.30 m downhole at the North Breccia Target (CED21-005). A further 8.9 m of 0.64 g/t Au intercept was cut near end-of-hole starting from only 40.35 m. Assays remain pending for another slightly deeper drill-hole at the North Breccia Target (see
Riverside Resources Inc.: Riverside Resources Sells Its Geraldton Greenstone Belt Canadian Portfolio to iMetal Resources Inc for Shares And 2.5% NSR
Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY)
( Riverside or the Company ), is pleased to announce the sale of the Company s Oakes, Pichette and Longrose Projects in northwestern Ontario for eight (8) million common shares, a 2.5% NSR and cash considerations to iMetal Resources Inc. ( iMetal )
(TSXV: IMR
) (OTCBB: ADTFF) (FSE: A7V2). The Riverside projects are located in the Beardmore Geraldton Greenstone Belt (BGGB), northeast of Thunder Bay, Ontario. iMetal has exploration projects in the Abitibi Greenstone Gold Belt and upon closing of this transaction Riverside will be a cornerstone shareholder in this new collaborative Canadian-focused gold exploration company. Highlights from the three Riverside projects include:
Carlyle Commodities and Riverside Resources Prepare for Drilling at the Cecilia Project, Sonora, Mexico
Carlyle Commodities Corp. is pleased to announce the start of its first drilling program at the Cecilia Project has been 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 gt gold over 0.75 m at surface . As project operator, Riverside Resources has planned a total of 6 drill holes designed to …
Carlyle Commodities Corp. (CSE: CCC) (FSE: 1OZA) (OTC Pink: DLRYF) (“Carlyle” or the “Company”) is pleased to announce the start of its first drilling program at the Cecilia Project has been 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 gt gold over 0.75 m at surface (out of 21 samples; see press release of November 18, 2020 and websi