www.rivres.com
Riverside is a well-funded proven exploration team of focused proactive gold discoverers possessing a unique ability to dig much deeper. Leveraging its in-house technical knowledge, Riverside’s geologists use the Company's proprietary Mexican database—a vast treasury of field knowledge and experience spanning decades of research—when it ventures to uncover opportunities that might otherwise be overlooked. The Company's hybrid Prospect Generator/Drill Discoverer model allows Riverside to mitigate risk and conserve capital while exposing shareholders to discoveries through focused drill programs. Riverside's expertise lay in the Americas focusing on Mexico and Arizona.
Website: www.rivres.com
Riverside and Mexigold begin drilling program at Catrina project
Riverside Resources (CVE:RRI) said Tuesday that drilling has begun at its joint venture Catrina gold project in Durango, Mexico.
The property, which has been optioned to Mexigold Corp (CVE:MAU), has had trenching recently completed, the results of which showed two previously-identified key targets, Catrina and La Dura, as being connected.
The two previous prospects now appear as one large open-pit style gold-silver target, Riverside said. The connected Catrina-La Dura is a northeast trending target covering a 1400 metre long by 500 metre wide area, and will be one of the focuses of the current drill program.
The drilling campaign will also test the coincident geology, geochemistry and geophysical anomalies identified at the Catrina-La Dura and Patos target areas, and will consist of eight core holes for a total of 2,000 metres.
Three of the existing six targets on the property will be tested, Riverside said.
"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," said Riverside's president and CEO, John-Mark Staude.
"The Patos area with the fault structures and apparent feeder zone could host a newly identified gold district."
The Catrina gold project is located within the well endowed gold-silver belt of the Mesa Central Region in Durango, Mexico, and was aquired through exploration initiatives during the Riverside-Kinross alliance.
