Riverside Moves Forward with 100% Ownership Interest IN the Thor Copper Project, Sonora, Mexico
1110 – 1111 West Georgia Street, Vancouver, BC, V6E 4M3 Tel: (778) 327-6671
TSX-V: RRI
PRESS RELEASE Pink Sheets: RVSDF
Frankfurt: R99
RIVERSIDE MOVES FORWARD WITH 100% OWNERSHIP INTEREST IN THE
THOR COPPER PROJECT, SONORA, MEXICO
June 1, 2017 – Vancouver, BC: Riverside Resources Inc. (“Riverside” or the “Company”)
(TSX-V: RRI), has regained a 100% interest in the Thor Copper Project (the “Project”), as the
Company’s joint -venture partner, a subsidiary of Antofagasta plc (“Antofagasta”), has elected
not to complete the C$5M in exploration expenditure required to earn a 65% interest in the
Project. The Thor Copper Project is located in north -eastern Sonora along the main copper
producing belt of Mexico . Riverside and Antofagasta completed an initial proof-of-concept drill
program to test for a Laramide aged porphyry-intrusive system. The first four (4) drill holes ever
drilled at Thor confirmed the concept, with three of the four drill holes intersecting a large
Laramide-aged porphyry style quartz-sericite-pyrite stockwork system. The initial drill holes did
not return sufficient gold or copper assays for partner Antofagasta to continue , but the limited
drilling that was completed was successful in hitting alteration and providing supp ort for further
exploration.
Riverside will regain a 100% i nterest in the Thor Copper Project with drill permits already in
place, drill cores, maps, data and target areas defined. The Company also owns the 12.4 km2
Ariel Copper-Gold Project, which was w on through the lottery -staking system and is
strategically located 30 km ESE of the La Caridad Cu -Mo porphyry mine. Ariel covers an
extensive zone of hydrothermal alteration, measuring 2.8 km in length by approximately 1.9 km
wide. Riverside owns three qua lity copper porphyry prospects in northern Mexico, and will
explore partnership opportunities to advance the copper portfolio going forward.
Riverside’s President and CEO, John -Mark Staude, stated: “We would like to thank Antofagasta
for the very collabo rative exploration effort at Thor . Riverside now has three copper-gold
projects available for option as a package or individual prospects; all with good road access,
clean ownership, no underlying royalties and prospective exploration targets already defin ed.
We look forward to progressing our Prospect Generation exploration approach with these
properties and welcome partners.”
For more information on the Company’s projects available for partnership , please visit the
Company’s website at www.rivres.com or contact Riverside directly by email at
Qualified Person & QA/QC:
The scientific and technical data contained in this news release pertaining to the T hor Project
was reviewed a nd approved by Locke Goldsmith , P.Geo, P. Eng, a non -independent qualified
person to Riverside Resources, who is responsible for ensuring that the geologic information
provided in this news release is accurate and who acts as a “qualified person” under National
Instrument 43-101 Standards of Disclosure for Mineral Projects.
About Riverside Resources Inc.:
Riverside is a well -funded prospect generator exploration company that leverages its 77,000
location mineral database, highly experienc ed and dedicated technical team and partnership
network to acquire and develop high -potential projects. The Company increases the chances of
discovery by advancing multiple assets simultaneously through partnerships, allowing Riverside
to mitigate risk and conserve capital. Riverside has a diverse portfolio of gold, silver and copper
properties throughout North America. The Company has approximately 44 million shares
outstanding, more than $6,000,000 in cash and no debt. 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: (778) 327-6671
TF: (877) RIV-RES1
Web: www.rivres.com
Certain statements in this press release may be considered forward -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 risks -- 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 act ual 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 Se rvices Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.