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Riverside Samples 25.7 g/t Gold from Selected Rock Samples at the Los Cuarentas Project in Sonora, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Riverside Resources Inc.&#...
About this update from Riverside Resources Inc
[{"type":"text","content":"Riverside Samples 25.7 g/t Gold from Selected Rock Samples at the Los Cuarentas Project in Sonora, MexicoVancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: R99) (\"Riverside\" or the \"Company\"), is pleased to report on rock sampling and field work from the Los Cuarentas Gold Project (the \"Project\") in Sonora, Mexico. The Project is located immediately west of Silver Crest's Las Chispas high-grade Ag deposit and along the east boundary of Premier Gold Mines, Mercedes Mining Operation and property tenure. These adjacent deposits and operations have high-grade precious metals hosted within low sulfidation epithermal veins, which provide context for the target type Riverside is pursuing at Los Cuarentas. Key Highlights:16 rock samples collected at two of the primary targetsBest selected sample for gold was 25.7 g/t Au Three (3) primary targets identified for prospective drill program during 2020: Santa Rosalia, Santa Rosalia Sur and El SombreroHigh-grade historical results up to 29.4 g/t Au outside of the primary targets which provide additional areas for a future prospective work The Los Cuarentas Project was acquired through a transaction with Millrock Resources, where Riverside received a portfolio of five (5) mineral properties along with equipment and data for cash and shares (see press release June 26, 2019). Riverside's recent data compilation and field mapping at the Project has shown significant potential from the main targets with near-surface high-grade gold assay results. Riverside collected a total of 16 rock samples from selective areas from its first sampling program at the Project with six (6) of the samples returning greater than 5 g/t Au and up to 25.7 g/t Au and 119.7 g/t Ag (see Table 1 below). Riverside's exploration team mapped and re-sampled known historical work areas to validate the accuracy of the high-grade samples collected in the past and to initially confirm two of the primary targets; Santa Rosalia and Santa Rosalia Sur. The results from the 16 samples collected by Riverside have been encouraging with the top six samples providing high-grade assays and a good starting point for the Company to continue to work up and further expand targets at Los Cuarentas, which includes areas around and expanding from the former mining ...