CORPORATE UPDATE Pink Sheets: RVSDF
1110 – 1111 West Georgia Street, Vancouver, BC, V6E 4M3 Tel: (778) 327-6671
TSX-V: RRI
CORPORATE UPDATE Pink Sheets: RVSDF
Frankfurt: R99
RIVERSIDE RESOURCES PROVIDES CORPORATE OUTLOOK FOR 2017
January 4, 2017 – Vancouver, BC: Riverside Resources Inc. ("Riverside" or the
"Company") (TSX -V: RRI ) is pleased to provide an overview of the Company’s goals and
growth plans for the coming year. Riverside enters 2017 with approximately $3,500,000 CAD in
cash and less t han 37,500,000 shares outstanding. The Company will aim to build on the
successes achieved during 2016 (see 2016 Year in Review press release, D ecember 23, 2016).
The list below outlines some of the key catalysts and corporate growth plans for 2017:
• Drill results expected in January from the Thor Copper Project (Partner: Antofagasta)
• Exploration results expected in January and February from the on-going ~$400,000
exploration program at the Glor Gold Project (Partner: Centerra Gold)
• Drilling program anticipated to commence during 2017 at Glor
• $350,000 in exploration expenditures expected to be completed at the Clemente Project
by partner, Silver Vi per Minerals Corp., as per the Option Agreement signed December
6, 2016 (Riverside owns 1,000,000 Silver Viper common shares)
• New partnerships will be explored to advance the Company’s 100% owned projects
(Penoles, Tajitos, Ariel, La Silla). The Company expects multiple new JV deals in 2017.
• Riverside will continue quality acquisition efforts using its mineral occurrence database
to secure key ground in Mexico. New property acquisitions expected in Q1-Q2 of 2017
• Private partner, Croesus Gold Corp., anticipated to go -public in 2017 (Riverside owns
3,000,000 Croesus common shares and holds a 2% NSR on the Sugarloaf Peak Project)
The Company expects to see exploration and drill results in 2017 from at least $2,000,000 in
expenditures completed on the Company’s projects by partners. In addition to the existing
partner-funded activity and growth catalysts, Riverside will progress its wholly owned assets and
aim to secure new growth assets with significant exploration upside.
Riverside’s President and CEO, John-Mark Staude, stated: “We completed the last year on
budget and improved our portfolio and targets. We enter 2017 with a steady flow of catalysts, as
Riverside and its partners push for new metal discoveries. The Company is well-positioned to
deliver upside exposure to its shareholders while reducing exploration risk with partners funding
much of the work.”
Please visit www.rivres.com to sign up to receive press releases and corporate updates directly to
your inbox and to view the Company’s latest corporate presentation, project pages and more.
About Riverside Resources Inc.:
Riverside is a well -funded prospect generation team of focused, proactive gold discoverers. The
Company currently has approximately $3,500,000 in the treasury and less than 37,500,000 shares
outstanding. The Company’s model of growth through partnerships and exploration uses the
prospect generation business approach to own resources, while partners share in de -risking
projects on route to discovery. Riverside has additional properties available for option with more
information available on the Company’s website at www.rivres.com.
ON BEHALF OF RIVERSIDE RESOURCES INC.
"John-Mark Staude"
Dr. John-Mark Staude, President & CEO
For additional information contact:
John-Mark Staude
President, CEO
Riverside Resources Inc.
Phone: (778) 327-6671
Fax: (778) 327-6675
Web: www.rivres.com
Joness Lang
VP, Corporate Development
Riverside Resources Inc.
Phone: (416) 883-9972
Fax: (778) 327-6675
Web: www.rivres.com
Certain statements in this press release may be considered fo rward-looking information. These statements can be
identified by the use of forward looking terminology (e.g., "expect”,” estimates", "intends", "anticipates",
"believes", "plans"). Such information involves known and unknown ri sks -- including the availability of funds, the
results of financing and exploration activities, the interpretation of exploration results and other geological data, or
unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may
cause actual events to differ materially from current expectations. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the date of this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.