PARTNER FUNDED PROGRAMS
Riverside uses the project generator business model to de-risk the company’s exploration approach by forming joint-venture partnerships with mid-tier or major mining companies in exchange for cash, shares and a majority interest (50%-70%) in a project. The partner will fund drilling and further exploration work on the property.
This benefits Riverside by:
- Conserving capital and reducing burn rate
- Limits shareholder dilution
- Increases discovery opportunities by advancing numerous projects simultaneously
- Allows Riverside to focus on acquiring new quality gold, silver and copper projects, as partner funding advances the existing portfolio