Saturday, August 2, 2025

Latest

Riverside Resources Reports First Assay Results From Oakes Gold Project

The first assay results are in for Riverside Resources’ (TSXV: RRI) recent exploration program conducted at the Oakes project. The program consisted of a total of twelve holes that were drilled for 1,700 metres in aggregate.

Results from a total of five holes were released this morning. Highlights from the results include:

  • DDH2022-02: 2.1 g/t gold over 6.0 metres, including 8.4 g/t gold over 1.0 metre
  • DDH2022-03: 4.0 g/t gold over 1.5 metres, 3.6 g/t gold over 1.0 metre, and 0.6 g/t gold over 6.0 metres
  • DDH2022-05: 0.8 g/t gold over 2.5 metres

Drilling under the program was focused on the HG Target, which was identified via the use of IP geophysics and field geology. The first five holes were focused on central region of the target, with all holes intersecting anomalous gold.

Holes were drilled to depths of up to 146 metres, with mineralization found to increase with depth. To date, mineralization is believed to be consistent in nature with other camps found in the region, such as in Geraldton and Red Lake.

“The Oakes Project had previously only seen two drillholes, so we are very encouraged to see our first set of shallow holes include multi-gram gold intercepts that demonstrate the interpreted vertical gold bearing structures continue at modest depths. We will be compiling these 5 holes with assays from the remaining 7 holes with our IP-inversion work to continue vectoring towards larger gold accumulations zones at the HG Target and across this target-rich property,” commented CEO John-Mark Staude.

Riverside Resources last traded at $0.135 on the TSX Venture.


FULL DISCLOSURE: Riverside Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Riverside Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

AngloGold Buys Another Gold Junior! Augusta Gold Acquired For $197 Million

Another Gold Deal! Aris Mining Sells Assets To McFarlane

Royal Gold Goes Big | $3.5 Billion Sandstorm Acquisition

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Riverside Assays 9.1 G/T Gold Over 3.4 Metres In Channel Sample At Cuarentas

Riverside Resources (TSXV: RRI) this morning announced that it has received results from recent channel...

Thursday, October 8, 2020, 08:26:28 AM

Riverside Resources Spins Out Blue Jay Gold Corp

Riverside Resources (TSXV: RRI) has completed the spin-out of Blue Jay Gold Corp, effective as...
Thursday, May 22, 2025, 09:20:46 AM

Riverside Resources Begins Drilling Cuarentas Gold Project

Drilling has begun for Riverside Resources (TSXV: RRI) at the Cuarentas Gold Project located in...

Tuesday, October 27, 2020, 09:18:49 AM

Riverside Resources Sells Tajitos Property For US$2.5 Million In Cash

Riverside Resources (TSXV: RRI) is building its war chest this morning follow the sale of...

Wednesday, November 30, 2022, 10:05:09 AM

Project Generators: DD On The Go, Ep. 1

Welcome to the first episode of DD on the Go! - a new series focused...
Wednesday, April 3, 2024, 11:30:00 AM