Riverside Resources and Partner Mexigold Corp Begin 2000 Meter Drill Program at the Catrina Gold Project in Durango, Mexico
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/22/11 -- Riverside Resources Inc. ('Riverside' or the 'Company') (TSX VENTURE: RRI)(PINK SHEETS: RVSDF)(FRANKFURT: R99) is pleased to report that drilling has commenced at the Catrina Gold Project in Durango, Mexico. Riverside and partner Mexigold Corp. (TSX VENTURE: MAU) recently completed trenching at Catrina (Mexigold Press Release, November 9, 2011), the results of which were interpreted as showing two previously identified key targets (Catrina and La Dura) as being connected as one large open pit style gold-silver target. The connected Catrina-La Dura target is a northeast trending target covering a 1400 meter long by 500 meter wide area, and will be one of the focuses of the current drill testing.
The drill program will test the coincident geology, geochemistry and geophysical anomalies identified at the Catrina-La Dura and Patos target areas. This drill program will consist of eight angled core holes for a total of 2,000 metres, and will test three of the existing six targets on the property.
'Riverside and Mexigold are now testing another gold-silver property in Riverside's portfolio of over 14 projects in Mexico. This drill program is aimed at Penasquito style breccia mineralization and Camino Rojo style disseminated gold in siltstones. The Patos area with the fault structures and apparent feeder zone could host a newly identified gold district,' stated John-Mark Staude, President and CEO of Riverside Resources Inc.
For more information on the Catrina Gold Project please visit the Riverside website at www.rivres.com.
Qualified Person:
The scientific and technical data contained in this news release were prepared under the supervision of Mark J. Pryor, Pr.Sci.Nat, an independent qualified person to Riverside Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and acts as a 'qualified person' under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
About Riverside Resources Inc.:
Riverside's model of growth through partnerships and exploration looks to use the prospect generation business approach to own resources, while partners share in de-risking projects on route to discovery. Additional property information on the Company's projects can be found on the Riverside Resources Inc. website at www.rivres.com.
ON BEHALF OF RIVERSIDE RESOURCES INC.
Dr. John-Mark Staude, President & CEO
Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward looking terminology (e.g., 'expect', ' estimates', 'intends', 'anticipates', 'believes', 'plans'). Such information involves known and unknown risks -- including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Riverside Resources Inc.
Joness Lang
Manager, Corporate Communications
(778) 327-6671
(778) 327-6675 (FAX)
info@rivres.com
www.rivres.com
Riverside Resources Inc.
Kaley Reid
Corporate Communications
(778) 327-6671
(778) 327-6675 (FAX)
info@rivres.com
www.rivres.com