Riverside Provides Update ON Exploration and Drilling IN 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 PROVIDES UPDATE ON EXPLORATION AND DRILLING IN SONORA,
MEXICO
February 15, 2018 – Vancouver, BC: Riverside Resources Inc. (“Riverside” or the
“Company”) (TSX-V: RRI), recently completed a partner-funded diamond drilling campaign at
the Puerto Alamo Target at the 36 km² Glor Gold Project (the “Project”) . The exploration and
drilling work was funded by partner, Centerra Gold Inc. (“Centerra”) , as part of their option to
earn a 70% interest in the Project. The Project hosts four key target areas and is located
approximately 8 km west of Alamos Gold’s El C hanate Mine in Sonora, Mexico. The recently
completed drill program focused on the Puerto El Alamo Target (see Figure 1 below) located in
the central part of the Project , which had been defined by a recent detailed soil geochemistry
survey and geological mapping.
Figure 1: Map of the Puerto El Alamo and other target areas at the Glor Project
The drilling program consisted of seven drill -holes with a total length of 1,212 metres. The drill-
holes were designed to test for a near -surface deposit of disseminated and fracture -controlled
gold mineralization similar to what was identified in bedrock outcroppings in the target area.
Gold and arsenic analytical results obtained by the soil geochemistry survey also guided the
design of the drilling program.
All of the drill- holes passed through the targeted stratigraphy and shear structures with multiple
narrow intervals (1.0 – 4.7 metres) of low -grade gold (0.25 – 0.345 g/t Au) mineralization . The
targeted stratigraphy consists of a Mesozoic andesite volcanic flow underlain by a package of
fine-grained sedimentary rocks and a thick formation of polylithic conglomerate. On surface in
the target area, gold-bearing shear structures were found conformably within t he andesite unit
and close to its contacts with the sedimentary rocks. Zones of iron carbonate +/ - sericite
alteration and minor quartz veining several meters wide were intersected in each of the drill -
holes. Similar lithologies, structures and hydrothermal alteration were trenched and diamond
drilled at the Pitaya Target in the north-eastern sector of the Project (see press release on June 19,
2017).
Riverside’s President and CEO, John -Mark Staude, stated : “Our drilling at the Puerto El
Alamo target with partner Centerra explored for low -angle shear structures similar in nature to
those controlling the El Chanate and other multi-million ounce gold deposits in Sonora. We are
disappointed given all of the posi tive geologic and geochemical indications that we did not hit a
gold-rich structure, but we still believe the project holds excellent exploration potential. We look
forward to further exploring the San Pedro and La Joya targets where there is remaining gold
discovery potential. We are pleased to continue working with Centerra as a partner and hope to
add additional land tenure in the coming months.”
The Pitaya Target and Puerto El Alamo drill- hole data shows there is a positive correlation
between gold and arsenic (As) enrichments, where core samples having gold concentrations
greater than 0.2 g/t Au are seen to have As contents of 3,000 ppm and greater. The gold- arsenic
relationship is a feature commonly found at other orogenic gold systems in north-western Sonora
including at the San Francisco Mine. Further understanding of the controls on gold
mineralization at Glor were established and will be applied going forward. Partner-funded stream
sediment and soil surveys along with mapping and rock sampling are expected to be carried out
this quarter.
Clemente Project Update
Riverside optioned the Clemente Silver Project in December of 2016 to partner Silver Viper
Minerals (“Silver Viper”) (TSX-V: VIPR), which at the time was a private company with plans
of a public listing and company growth. Riverside’s partner recently completed its IPO (see
Silver Viper press release September 27 , 2017) and then commenced a 2,0 00 metre drilling
program in November of 2017. To date, approximately half of the planned campaign has been
completed at the Mundo and Nuevo Mundo silver targets. Nine HQ-size diamond boreholes were
drilled for a total length of 1,062 meters, with two of the drill- holes intersecting old mine
workings and consequently being abandoned. The best mineralized intersection was made by
hole CL -17-006; a 0.7 meter long interval that averages 827 g/t silver, 0.23 g/t gold and a
combined 2.09 per cent lead -zinc. Click here for more details on the Clemente Project and
option agreement details with Silver Viper.
Future exploration at Clemente could progress with testing of the Santa Elena target located in
the south-eastern sector of the Clemente property and 7 km northwest of the Cerro Colorado gold
mine of Goldgroup. The Santa Elena target covers an area of at least 150 hectares where there is
evidence of artisanal mining for gold and silver but no previous drilling.
Figure 2: Map of the Clemente Project and its three target areas
Qualified Person and QA/QC:
The scientific and technical data contained in this news release was reviewed and prepared under
the supervision of Ron Burk, P.Eng. and Vice-President of Exploration for Riverside Resources
Inc. 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.
All drill cores at Glor were photographed, geologically logged and then sawed in half to provide
samples for gold assaying and multi -element ICP mass spectrometry analysis, which was done
by Bureau Veritas’ laboratories in Hermosillo, Mexico and Vancouver, Canada, respectively. A
total of 704 core samples were analysed, with individual samples having core lengths of 1.0 m or
3.0 m, depending on the presence or absence of visible hydrothermal alteration. For quality
assurance and control purposes 16 non-mineralized ‘blank’ samples, 15 field duplicate samples
and 47 standard reference samples were included with the batches of core samples that were
analysed.
At Clemente assays reported herein were subject to industry standard sampling methods and QA-
QC protocols including the routine insertion of commercially prepared standards and locally
sourced blanks into the sample sequence. Sample splits of 30 g rams mass were analyzed by aqua
regia digestion with ultra -trace ICP -MS finish. When triggered, overlimits were completed by
aqua regia digestion and ICP -ES finish. Assays were completed by Bureau Veritas, with
preparation in Caborca, Sonora, Mexico and analysis in Vancouver, BC.
About Riverside Resources Inc.:
Riverside is a well -funded prospect generator exploration company with approximately
$3,000,000 in the bank and a tight share structure with fewer than 45M shares issued. Riverside
leverages its 77,000 location Mexico mineral database, highly experienced 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 simu ltaneously
through partnerships, allowing Riverside to mitigate risk and conserve capital. Riverside has a
diverse portfolio of gold, silver and copper properties throughout North America. 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
Raffi Elmajian
Corporate Communications
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 actual e vents 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 Service s Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.