Program Actions
Riverside has signed a Letter Agreement (LA) that gives the company the right to acquire up to 100% interest in the Elly-Anika and Chilco projects. The company can acquire this interest by making cash payments and incurring exploration expenditures.
The Elly Gold Project is a promising exploration project with the potential to host significant gold mineralization. Riverside is actively exploring the project and is committed to advancing it towards production.
| Due Date | Cash | Exploration Expenditures |
| Upon the date of LA (May 3, 2023) | $10,000 (paid) | - |
| On the first anniversary of the LA date (May 3, 2024) | $15,000 | 20,000 |
| On the second anniversary of the LA date (May 3, 2025) | $30,000 | 20,000 |