Riverside Resources (TSXV: RRI) this morning released results from its recent exploration program conducted at its La Union Project, which is located in Sonora, Mexico. The exploration program consisted of a field mapping and sampling program.
The purpose of the exploration program was for the firm to better understanding the properties structural controls, and how small historical workings linked together in a regional context. Currently, the firm is operating under the belief the property contains Pre-Cambrian to Cambrian sedimentary rocks, with mineralization to be manto-chimney and replacement type.
A total of 103 samples were collected from the property under the program conducted, with the highlight result containing 83.2 g/t gold. The firm outlined the highpoints of a number of samples, which include:
- Gold high value of 83.2 g/t
- Silver high value of 4,816 g/t
- Lead high value of 10.3%
- Zinc high value of 30.0%, which was the upper detection limit
Sample types collected included dump, chips, and chip channels.
Commenting on the results, CEO John-Mark Staude stated, “We recently expanded the property package here to more than 26 km2 and our ongoing field work is expected to include a geophysical survey and additional mapping and sampling while we advance permitting in tandem with preparation for a maiden drill program in 2022.“
Riverside Resources last traded at $0.15 on the TSX Venture.
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