Riverside Expands Exploration Targets At Glor Gold Project

 

VANCOUVER, BC - Riverside Resources Inc. reported an exploration update on recent exploration work at the Company's Glor Gold Project, located approximately 8 km west of Alamos Gold's El Chanate Gold Mine in Sonora, Mexico. Several large scale target areas have been identified over an area covering approximately 25 square kilometers, with further follow up work planned for 2016. Riverside will now seek a partner to advance this prospective gold target.

Riverside has completed several campaigns of exploration work on the property including detailed geologic and alteration mapping, rock chip and channel assays, orientation ground magnetic surveys, reprocessing of regional high resolution airborne magnetic surveys and most recently a soil sampling survey over the southwestern portion of the property. Riverside has collected 155 rock chip samples to-date, with assays from less than 0.005 g/t to 18.85 g/t gold. The Glor Project was initially optioned by Riverside while under a strategic alliance with Hochschild Mining Plc., and has subsequently reverted to Riverside control.

The recently completed soil sample grid covering the western portion of the property further defined target areas (San Pedro & El Poblado) worthy of additional field work ahead of drill targeting. Gold assays from the soil sampling identified anomalous values in an area approximately 1,500 meters long by 700 meters wide, along the primary fault system that trends approximately west-northwest, dipping to the southwest. The soil samples were first tested using a handheld XRF Innovex analyser to determine levels of certain base and trace metals typical of these deposit types to identify areas of interest for detailed quantitative assay follow up.