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Riverside Receives Positive Geophysics Survey Results for Improved Drill Targeting at the Cecilia Gold Project, Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2020) - Riverside Resources Inc. ...
About this update from Riverside Resources Inc
[{"type":"text","content":"Riverside Receives Positive Geophysics Survey Results for Improved Drill Targeting at the Cecilia Gold Project, Sonora, MexicoVancouver, British Columbia--(Newsfile Corp. - November 5, 2020) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (\"Riverside\" or the \"Company\"), has received results from the latest geophysics survey that included 3.8 line-km of Inverse Polarization (IP) in five lines across the Cerro Magallanes rhyolitic dome part of the Cecilia Project, Sonora, Mexico (the \"Project\"). Ahead of drilling, Riverside has further refined and detailed drill targets with the geophysics IP survey using 50-m dipole spacing. The close spacing between dipoles helps to delineate structures and reduces the data variation (\"noise\") at shallow depth, allowing for better targeting in the upcoming drill program. The scheduled drilling will test various gold-bearing fault/vein structures up to 250 m depth. Mapping of the rhyolitic dome has highlighted zones of high silicification nearby to breccia and gold-bearing structural zones. The IP data and new IP pseudo-sections define resistive anomalies (which are potentially silica zones), along the identified structures at surface for 200 meters along strike and remains open. The IP anomalies coincide with past sampling in the area of historical drilling where Cambior (1995) in drillhole 138-95-08 drilled 30.0 m at 1.41 g/t gold1. Figure 1: 3D view of northeast trending IP resistivity zones across the Cerro Magallanes dome. 100 m line spacing with 50 m dipole spacing shows several shallow anomalies. The red lines are showing the primary mineralized trends correlated with the resistive anomalies in the IP sections.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6101/67494_8c399ee7a4b00875_002full.jpgRiverside's President and CEO, John-Mark Staude, stated: \"We are pleased to be working with partner Carlyle Commodities Corp and to be exploring the Cecilia Mineral District, and this current technical work improves the visualization of the targets. The program is going in the right direction, the site is being prepared for drilling, with completed roads and many of the drill pads already in place.\" Riverside and Carlyle Commodities are working together to progress the project to the drilling phase which will include an initial ...