Riverside Resources (TSXV:RRI)

Riverside Resources: Project Generator with a Diversified Portfolio of Assets in Canada, Mexico


With a market capitalization of approximately C$10 million and no debt, Riverside Resources (TSXV:RRI) has successfully advanced over 80 exploration projects and has completed seven successful spinouts and royalty transactions over its 17-year history. Founded in 2007, the company focuses on precious and base metals, with a unique business model designed to minimize financial risk while maximizing exploration opportunities.

Riverside's diversified portfolio spans different geographies and commodities, including gold, silver, copper and rare earth elements (REE) in Ontario and British Columbia in Canada, and across Mexico. Riverside is well-capitalized, with over $5 million in cash on hand, no debt, and a well-established royalty portfolio. This strong financial position allows the company to continue exploring new opportunities while reducing operational risks.

Riverside Resources' projects in Ontario

Riverside Resources' Ontario-based gold projects are located in the Western Abitibi region, one of Canada's most prolific gold-producing areas. The company's assets are near Equinox Gold's Greenstone gold mine, which provides significant potential for future development or acquisition. The Greenstone mine is expected to produce more than 390,000 ounces of gold annually for the first five years of its over 15 years of mine life. As this mine nears the end of its life, Riverside's nearby properties could provide valuable ore, potentially making them attractive targets for acquisition by Equinox or other major players in the region.

Company Highlights

  • Riverside Resources has successfully advanced over 80 exploration projects using more than $85 million in partner-funded exploration.
  • Riverside’s Ontario gold projects are strategically located near Equinox Gold’s Greenstone Mine, offering significant potential for future development or acquisition.
  • The Cecilia gold-silver project in Sonora, Mexico, is advancing through a partner-funded drilling program with Fortuna Silver Mines, offering significant discovery potential.
  • With over C$5 million in cash and no debt, Riverside Resources is financially strong, ensuring sustained exploration activity.
  • The company has completed seven successful spinouts and royalty transactions over its 17 year history, creating substantial value for shareholders.
  • The company’s business model minimizes financial risk by partnering with larger companies, enabling multiple simultaneous exploration projects.

This Riverside Resources profile is part of a paid investor education campaign.*

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Riverside Resources (TSXV:RRI)

Riverside Resources


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Project generator with a diversified portfolio of gold, silver, copper and REE assets in Canada and Mexico

Riverside Resources and Questcorp Mining Execute Definitive Option Agreement for La Union Project, Sonora, Mexico

Riverside Resources and Questcorp Mining Execute Definitive Option Agreement for La Union Project, Sonora, Mexico

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that further to its press release dated September 6, 2024, Riverside's wholly-owned subsidiary, RRM Exploracion, S.A.P.I. DE C.V. (the "Vendor") has entered into a definitive option agreement (the "Option Agreement") with Questcorp Mining Inc. ("Questcorp") dated May 5, 2025, for the 2,520.2 hectare La Union carbonate replacement gold- polymetallic project (the "Project" or "La Union") located in Sonora, Mexico (the "Transaction").

"We are thrilled to finalize this agreement for the La Union Project, which is a strong asset in Riverside's portfolio. Securing up to C$5,500,000 in exploration funding from Questcorp is an excellent step forward in advancing this larger Carbonate Replacement Deposit ("CRD") project," said John-Mark Staude, CEO of Riverside Resources. "Riverside is pleased to have the updated NI 43-101 Technical Report completed and we see an active exploration program launching in the coming weeks with Riverside as the Operator of the exploration program. Riverside is expected to become a shareholder of Questcorp with an initial 9.9% equity interest, subject to final approval by the Canadian Securities Exchange or confirmation that such approval is not required. The first-year work program of C$1,000,000 in exploration expenditures will launch the first round of exploration at the project."

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Riverside Resources Receives Final Court Approval for Spin-Out of Blue Jay

Riverside Resources Receives Final Court Approval for Spin-Out of Blue Jay

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that the Supreme Court of British Columbia has granted the final order on April 3, 2025 in connection with the previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) involving the spin-out of its equity interest in its subsidiary Blue Jay Gold Corp. ("Blue Jay").

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Riverside Resources Moves Ahead on Plan to Spin Out Blue Jay to Shareholders After Approval at the Annual and Special Meeting

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Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company"), is pleased to announce that the spin-out of its subsidiary, Blue Jay Gold Corp. ("Blue Jay"), has been approved by shareholders and is now moving forward, with completion potentially expected in May or June of this year. This news follows the plan and actions announced in the Company's press release dated February 28, 2025, at its annual and special meeting of shareholders held on March 31, 2025 (the "Meeting"), shareholders approved the previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) (the "BCBCA") involving the spin-out of its equity interest in its subsidiary, Blue Jay Gold Corp.

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Riverside Announces Filing of Its Management Information Circular in Connection with Its Special Meeting to Approve Spinout Transaction with Blue Jay Gold

Riverside Announces Filing of Its Management Information Circular in Connection with Its Special Meeting to Approve Spinout Transaction with Blue Jay Gold

~Confirms receipt of the Interim Order, files Meeting Materials, and announces another round of Blue Jay financing~

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") is pleased to announce that its management information circular (the "Information Circular"), form of proxy and letter of transmittal, (together with the Information Circular, the "Meeting Materials") in respect of its annual and special meeting (the "Meeting") of Riverside shareholders (the "Riverside Shareholders") to approve various matters in connection with the previously announced plan of arrangement (the "Arrangement") on January 28, 2025 involving Blue Jay Gold Corp. ("Blue Jay") are being filed today on Riverside's SEDAR+ profile at www.sedarplus.ca. and provided on Riverside's website at www.rivres.com. Riverside is using the notice and access provisions under applicable securities laws to provide Riverside Shareholders with easy electronic access to the Information Circular and other Meeting Materials.

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Riverside Resources Provides Updates on H1 2025 Exploration Programs

Riverside Resources Provides Updates on H1 2025 Exploration Programs

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ("Riverside" or the "Company") is pleased to provide an update on its exploration progress in Canada and Mexico and further progress on the proposed spinout of Blue Jay Gold. In follow-up to the Company's earlier press release this month, which provided updates on drilling and the 2025 exploration program at the Cecilia project, as well as ongoing collaboration with Fortuna Mining, Riverside is highlighting recent technical results from its gold and copper assets in Mexico, as well as the gold and rare earth element (REE) projects in British Columbia in this news release ahead of presenting at the Prospector Developer Association of Canada conference where the Company once again has booth and will be meeting investors and potential corporate partners.

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Person calculating with gold bars and coins on a table.

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It quickly reached US$3,500 and continued past US$3,600, US$3,700 and US$3,800; gold rose as high as US$3,895 per ounce on Wednesday before retreating back to the US$3,850 mark by 2:00 p.m. EDT.

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Established in February 2020, the partnership aimed to explore, develop and potentially mine gold deposits across Japan that could meet the scale requirements for tier one or tier two assets.

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