Riverside Resources - Project Generation Mexico, Canada, and United States
STRATEGIC EXPLORATION FUNDING AGREEMENT WITH BHP (YEAR 3)
- BHP funding US$1,300,000 for 2021-2022 continuing generative copper exploration program in Sonora, Mexico
- BHP is funding an additional US$5,400,000 for drilling towards 2 projects & geophysics towards 2 priority projects
- Over US$6,500,000 of BHP funding towards the exploration program in 2021-2022
- 5 copper projects identified and growing
- Monthly management fees plus 10% for all work
- Built in success fee payments to Riverside at each stage of development
- Three Stages
- Project Generation Phase (I)
- Project Operation Phase (II)
- Joint Venture Stage (III)
Region of Copper Belt of Mexico and Riverside-BHP Generative Copper Program
Riverside Resources: Focused on Value Generation
Riverside Resources is a well-run Prospect Generator, mineral exploration company that employs a joint-venture partnership model to maximize discovery potential from its gold, silver and copper project portfolio while limiting shareholder dilution.
Riverside is led by Ph.D economic geologist and Harvard graduate, John-Mark Staude, and a strong technical team with more than 100 years of collective experience operating in North America.
The Company continues advancing high-quality exploration assets with the aim of creating significant shareholder value through the next major mineral discovery in both Canada and Mexico.
Why invest in Riverside
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Management with a track record of providing discovery opportunities |
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75,000+ proprietary location database |
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Joint venture capital to progress multiple projects simultaneously |
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Strategic alliance partnerships |
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Tight share structure & no debt |
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Diverse commodity exposure: Gold – Silver - Copper |
OVERVIEW
- Riverside follows the Prospect Generator business model and leverages the Company’s 75,000+ location database and experienced technical team to discover and acquire new exploration assets
- Benefits of the Prospect Generator model
- Conserves capital and reduces burn rate: RRI has +4M in cash
- Limits shareholder dilution: RRI has less than 71M shares outstanding
- Increases discovery opportunities by advancing numerous project simultaneously
- Riverside continues to focus on acquiring new quality projects to add to the portfolio, as partner funding advances the existing portfolio
Riverside stakes large 23,000 hectare High-Lake Greenstone Belt and is vending its Ontario Beardmore-Geraldton Gold Projects to iMetal Resources for 8M Shares and a 2.5% NSR
Reasons for the expansion into Ontario
- Ontario is the leading mining jurisdiction in Canada with over 43% of gold production in all of Canada
- Ontario’s mining belts are within friendly jurisdictions, hosting excellent infrastructure and producing numerous mines
Mexico: World Class Mining Jurisdiction to Generate New Opportunities
Mexico has been a world leader in silver production for over 500 years
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| New discoveries are made annually |
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| Great Accesses |
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| Ability to explore year round |
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| Rapid ability to go from discovery to mine |
Riverside’s assets are located in safe mining jurisdictions
Sonora, Mexico is the Leading Gold Producing State in the Country
RIVERSIDE & PARTNER CARLYLE COMMODITIES ONGOING DRILL PROGRAM AT THE CECILIA GOLD PROJECT
- Phase I of drill program completed at the Cecilia Project in Mexico’s top gold producing state of Sonora
- Drilled 24.2 m of 1.51 g/t Au & 3.3 m of 3.37 g/t Au
- Good access and close to necessary infrastructure
- Near-surface gold Mineralization
- Exploration and drilling to continue at the Project to build upon the positive results
FOCUS ON GOLD | SILVER | COPPER
CATALYSTS & VALUE DRIVERS
- Riverside continues Exploration Funding Agreement with BHP into 3rd year
- Increased funding of +US$5M with focus on 4 project
- Lead generation -> Copper Discovery
- Cecilia Project: Partner-funded winter drill results in April 2021 with continued exploration to come
- Progressing with exploration at the La Silla Project in Sinaloa, Mexico
- Continued exploration at Riverside owned projects:
- New strategic partnerships to advance existing 100%-owned Riverside projects
- New project acquisitions and portfolio growth:
- Mexico Expansion – Advancing the Cuarentas Project with continued exploration
- Canada progress - Acquisition and target evaluation of the High Lake Greenstone Belt (230 km2) in western, Ontario
CAPITAL STRUCTURE
| 52-week high/low range | $0.54 / $0.155 |
| Issued & outstanding | ~71,000,000 |
| Fully Diluted | ~85,000,000 |
| Cash on hand | +$4,000,000 |
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The Company
- JOHN-MARK STAUDE, PRESIDENT & CEO
Mr. Staude earned a Masters of Science from Harvard University in 1989 and a Ph.D. in economic geology from the University of Arizona in 1995. - ROB SCOTT, CFO
Mr. Scott has over 17 years of professional experience in the areas of corporate finance, accounting, and merchant and commercial banking. He is a C.A., a CFA Charterholder and earned a B.Sc. from the University of British Columbia. - ALBERTO OROZCO, VP CORPORATE DEVELOPMENT
Mr. Orozco has 15 years of mining experience working with Linear Gold Corp., Pediment Gold and more recently, Argonaut Gold - FREEMAN SMITH, VP EXPLORATION
Mr. Smith has 19 years of professional experience in the resource industry working with Oro Gold, BCGold Corp and Goldplay Explorations - PEDRO HERERRA, MEXICO MANAGER
Mr. Herrera holds his MSc. and has more than 20 years of exploration experience throughout Mexico. - RON BURK, ADVISOR
Mr. Burk has 30 years of work experience in the minerals industry and contributed in the discovery of the Pitarrilla Project in Durango, Mexico.
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