Riverside Resources Outlines Corporate Outlook for 2020
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2020) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: R99) ("Riverside" or the "Company") provides a brief outlook with corresponding goals for 2020. Riverside enters the year with a number of high-quality gold, silver and copper exploration assets in Mexico and a newly developed gold portfolio in Ontario, Canada. The Company had a busy and productive 2019 with a new strategic partnership agreement and new project acquisitions in both Canada and Mexico. The Company still maintains a tight share structure (less than 63M shares outstanding); no debt and cash in the bank. The bulleted list below outlines some of the key catalysts and opportunities the Company is currently forwarding into 2020:
Advancing its strategic funding agreement with BHP for generative copper exploration in northeastern Sonora, Mexico; including acquiring properties and progressing toward drilling
Additional exploration programs expected at the recently acquired Los Cuarentas Gold Project in Sonora, Mexico
Plans in place to spin-out the Peñoles Gold-Silver Project into a new resource Company, benefitting current Riverside shareholders through a Plan of Arrangement
The Company is targeting new Canadian joint-venture partnerships in 2020
New project acquisitions expected to continue expanding its portfolios in Canada and Mexico
Riverside holds marketable securities worth over $1,500,000 CDN and has retained NSR's on previously partnered projects
Riverside's President and CEO, John-Mark Staude, stated: "Riverside is pleased with the accomplishments achieved in 2019 and is looking forward to accelerated growth in 2020 as we are bullish on the prospect of a very strong year in the gold space. The Company has been strategically positioning itself with high-quality projects and partnerships and is geared up for a productive year ahead."
Listen to Riverside's CEO, John-Mark Staude and VP Exploration, Freeman Smith speak with the Korelin Economics Report on the Company's 2019 milestones and the plans looking ahead in 2020.
Riverside Resources Inc. (TSXV: RRI) will be exhibiting at the AEMA Round Up Project Generators Hub on Monday & Tuesday (Jan 20/21). Make sure to stop by for a detailed update on the Company's plans for the year ahead.
AME Roundup | Vancouver B.C, January 20 - 23, (Vancouver Convention Centre East)