Riverside Reports Drill Results and Go Forward Program with Antofagasta at the Thor Property, 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 REPORTS DRILL RESULTS AND GO FORWARD PROGRAM WITH
ANTOFAGASTA AT THE THOR PROPERTY, SONORA, MEXICO
February 9, 2017 – Vancouver, BC: Riverside Resources Inc. (“Riverside” or the
“Company”) (TSX-V: RRI), is pleased to provide an update on the partner funded exploration
work and initial drill testing at the Company’s Thor Project in Sonora, Mexico. The Thor Project
is 128 km 2 and located approximately 80 km east of the capital city of Sonora, Hermosillo.
Riverside and its partner, Antofagasta Minerals S.A. (“Antofagasta”), a wholly-owned subsidiary
of Antofagasta Plc, recently completed the first four (4) drill holes ever drilled on this large
property package that indicate at least three separate porphyry hydrothermal centre areas over a
strike length of > 8 km in total distance.
Riverside and its partner decided to complete an initial proof-of-concept drill program to confirm
Laramide aged rock at depth and explore for indications of a porphyry-intrusive system. The four
diamond core holes totalled 1,335 m, with all four holes intersecting fault structures which
appear to intersect upper and lower structural blocks of a porphyry-intrusive system. There were
no significant copper or gold mineralized intercepts over material widths in these initial four
holes; however, the program successfully found a porphyry system, with drilling encountering a
large Laramide aged porphyry style quartz-sericite-pyrite stockwork zone, which can now be
followed up with further work. The positive indications from the current program justify
additional exploration work that will initially include a detailed remote sensing study and follow
up field mapping, and targeted alteration and geochemical sampling to focus on identification of
further drill targeting and to help understand the structural make up of this porphyry district.
Riverside and Antofagasta have reviewed the results last week and now plan to progress the
project with Riverside continuing as operator and moving the discovery process forward.
Riverside’s President and CEO, John -Mark Staude, stated: “We are pleased to be drilling and
exploring with Antofagasta as a partner in Sonora, Mexico. The drill program at Thor has
delivered a positive proof of concept with the discovery of extensive porphyry style veining in the
drilled target areas. The project will now be progressed with further targeting work on both the
upper and lower plates in an attempt to vector in on a potential copper porphyry discovery.”
Drilling included three initial holes into the North Target area and one hole drilled at the South
Target area. The recently completed program did not include any drilling at the Central area or
other target zones on the >100 km2 property. The drill ing so far is interpreted to have cut an
upper block of porphyry style quartz sericite veining and a lower plate of intrusions with varying
levels of por phyry-intrusion style alteration. The porphyry system at Thor has multiple square
kilometres of strong hydrothermal acid leaching and alteration. The drill testing is encouraging
and provides guidance for next phases of targeting at depth along with furthe r evaluation of the
untested Central Target area.
The upper plate has at least t hree distinct hydrothermal cent res and both the upper and lower
plate appear to have potential to host a mineral discovery . Laramide porphyry systems in
Arizona, such as the San Manuel-Kalamazoo copper mine operation , were discovered proximal
to large extensional fault core complexes. Riverside geologists will consider these potential
analogues while completing f ield exploration and follow up structural targeting interpretation of
the system at Thor.
For more information on the Project, please visit the Thor Project page on the Company’s
website: https://goo.gl/nGw88q
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.
Reported core samples were taken to Hermosillo, Mexico where Bureau Veritas Laboratory
Group’s (BV) mineral division crushed and pulverized each sample. Gold fire assays with AA
finish were analysed in BV Hermosillo laboratory. The rejects remained with BV in He rmosillo
while the pulps were transported to BV ISO 9001 -2008 certified laboratory in Vancouver, BC,
Canada for multi-element ICP analysis. A QA/QC program was implemented as part of the
sampling procedures for the exploration program. Standard and blank samples were randomly
inserted into the sample stream prior to being sent to the laboratory.
About Riverside Resources Inc.:
Riverside is a well -funded exploration team of focused, proactive gold discoverers. T he
Company currently has approximately $3,300,000 in the treasury and less than 37,500,000 shares
outstanding. The Company’s model of growth through partners hips and exploration use s 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: (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 int erpretation 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.