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Riverside Completes Helicopter Magnetics Survey on the Duc Project, Progressing District Targeting in the Wawa Subprovince of Ontario
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2023) - Riverside Resources Inc. (TSXV:...
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[{"type":"text","content":"Riverside Completes Helicopter Magnetics Survey on the Duc Project, Progressing District Targeting in the Wawa Subprovince of OntarioVancouver, British Columbia--(Newsfile Corp. - June 1, 2023) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (\"Riverside\" or the \"Company\"), is pleased to announce it has completed an airborne geophysical helicopter magnetics survey on the Duc Project in northwestern Ontario progressing this important project in Riverside's Canada portfolio. The Duc Project is located south of the town of Kapuskasing in the highly prospective Porcupine Mining District, which hosts a number of orogenic gold deposits and critical metals projects. Magnetics is a well-established method for defining geological boundaries and delineating geological structures, particularly faults and shears, which are typically the host for precious metal mineralization and showing features typical of critical metals exploration in this part of the greenstone belt.The magnetic results are interpreted to show two major parallel shears that extend north-easterly through the central part of the Duc Project with the magnetic high defining the mafic rocks which have iron that can be part of a catalyst for gold and critical metals deposition. The compilation of magnetic data and existing geochemistry from past drilling and sampling demonstrates potential scale and prospectivity for near surface mineralization continuing downward and eastward. This new survey helps to refine areas for more detailed Induced Polarity (IP) geophysics surveys which will be evaluated during this upcoming field season. IP is an excellent method to delineate sulphide mineralization and help vector in on drill targets. Specifically, the survey focuses on targeting boundary areas and favorable geological features.Riverside's President and CEO, John-Mark Staude stated: \"The Magnetics survey has highlighted multiple areas of interest and suggests historical work overlooked a significant opportunity within the central part of the Project. As most of the terrain is thinly covered by glacial till, this survey provides us with valuable data that will be incorporated into our exploration models and support next steps as we progress further at Duc.\"Summary of Results and Technical ObservationsThe Project is underlain by an Archean-aged metavolcanic ...