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project images - sugarloaf peak

Sugarloaf Peak Gold Project

  • Commodity:
  • Location:
  • Size:
  • Status:
  • Gold
  • Arizona, USA
  • 24 km²
  • Sold to Croesus Gold Corp
  • Exploration Update
  • Property Details
  • Diagrams
  • Drill Results
  • Photo Gallery

OVERVIEW

Acquired in 2008, the Sugarloaf Peak Project has over 70 drill holes, deep IP (Titan-24 survey), aeromagnetics, and extensive mapping and sampling across the 24 km² property. The central target area includes a near surface, large low-grade gold system that could be related laterally or overtop of a porphyry copper system. Riverside completed exploration and drilling that was followed by $3M in exploration and geophysics work completed during 2011-2012 by a former partner. Croesus Gold Corp. has subsequently acquired a 100% interest by making staged cash and share payments to Riverside and will now carry the project forward.

Croesus Gold Corp. is a private company that plans to complete a go-public transaction in 2016-2017. Riverside maintains solid exposure to partner or project success through its ownership of 6,000,000 Croesus shares and 2% NSR on the Sugarloaf Peak Project.  

 

QUALIFIED PERSON, QA/QC & TECHNICAL DISCLOSURES

Locke Goldsmith, P. Eng., P. Geo., an independent qualified person to Riverside Resources Inc. as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved Riverside Resources preparation of this information.

Partner-Funded Projects

Thor Copper Project

Thor-header image

The 128 km² Thor Project (the “Project”) was acquired as part of Riverside’s strategic alliance with Antofagasta Minerals PLC for generative exploration throughout the southern extension of the Laramide Copper Belt in Northwest, Mexico. Thor was nominated as a Designated Project (“DP”) (see press release April 13, 2015), and as per the agreement, Riverside’s alliance partner will have the opportunity to earn a 65% interest in the project by spending $5,000,000 in exploration over the next four years.

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Sugarloaf Peak Gold

project images - sugarloaf peak

The Sugarloaf Peak Gold Project covers over 24 km² and has been the object of intermittent drilling and small scale mining during the 1950's this is a test

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Glor Gold Project

Glor Gold Project

Glor is a worthy property that shows an extraordinary potential for exploration with outcropping targets, high-grade veins, low-grade stockwork, and wide alteration zones running along with a strong structural setting that gives more potential on-strike and on-dip, and exploration undercover.

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