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Riverside Resources Collects Chip & Grab Samples Up to 19.9 g/t Gold & 200 g/t Silver at the 100%-Owned La Silla Project in Mexico
VANCOUVER, British Columbia, June 19, 2018 (GLOBE NEWSWIRE) -- Riverside Resources Inc. ("Riverside" or the "Company") (TSX-V:RRI) is pleased to announce result
About this update from Riverside Resources Inc
[{"type":"text","content":" VANCOUVER, British Columbia, June 19, 2018 (GLOBE NEWSWIRE) -- Riverside Resources Inc. (\"Riverside\" or the \"Company\") (TSX-V:RRI) is pleased to announce results from exploration work on its 100%-owned La Silla Gold Project (the “Project”) located 75 km northeast of Mazatlan in Sinaloa, Mexico. Riverside geologists collected 52 chip, channel and grab samples over the past month during a focused exploration program with assay results ranging from <0.05 up to 19.9 g/t gold and from <0.05 up to 200 g/t silver. Five of the samples returned greater than 1 g/t gold (see Table 1 below for highlighted samples). The new sampling program appears to have extended the strike length of known veins, while also identifying new vein structures at the La Silla Project (see Figure 1). Riverside acquired the La Silla Project through the Mexico Government lottery process (see press release November 17, 2015) by consolidating two large mining concessions covering an area of 2,305 hectares (~23km2). Riverside’s initial exploration program of mapping and rock-chip sampling obtained assay results ranging from <0.05 up to 7.24 g/t gold and <0.05 up to 148.4 g/t silver (see press release June 29, 2016). The current exploration program completed by Riverside expands on the previous work done at the Project, as Riverside refines targets in preparation for potential drilling in the near future. Riverside’s President and CEO, John-Mark Staude, stated: “We are pleased with the recent sampling results at La Silla and are developing a stronger understanding of the gold and silver mineralization and their controls. The Ciruelo and El Roble veins show extensive strike and we are working to define high quality drill targets. Riverside is in discussions with prospective partners and will continue further exploration work as the Company evaluates its options for forwarding the project.” The recent work focused on extending known areas of mineralization and further exploring the concessions for new showings, abandoned workings and potential structures that might host additional gold mineralization. The Ciruelo Vein is located within the northern concessions and consists of an east-west striking vein located along the contact between andesitic volcanics and overlying porphyritic dacites similar to the El Gallo District to the north operating with McEw...