RIVERSIDE RESOURCES | Cecilia Just Got A Whole Lot Bigger




Maurice Jackson:  

Welcome to Proven and Probable, where we focus on metals, mining and more. I’m your host Maurice Jackson.  joining us today for a conversation is Dr. John-Mark Staude. He is the President, CEO and Director of Riverside Resources.

Dr. Staude, welcome to the show, sir.

Dr. John-Mark S:

Maurice, great to be on the show with you.

Maurice Jackson: 

John-Mark, thank you for taking time out of your busy schedule. I realize Riverside Resources just returned from attending PDAC in Toronto, and you’re now back in Vancouver in your new corporate office.

I want to bring you on the show to discuss Riverside’s latest press release entitled “Riverside Resources Significantly Expands Cecilia Project Area”.

Please share the latest developments on the Cecilia Project and what this means for shareholders.

Dr. John-Mark S:  

We’re so excited. The project, Cecilia it actually has drilling, so we focused on this tight area where we have now permitted ready to go. But this press release is amazing because we were working and have been able to now get six times larger, get four more targets around the main project area, which gives us a very large land position.

That’s really demining 6,000 hectares, which is 60 square kilometers. That’s a big footprint. That’s the size of a district potentially and exactly what we need to go with the next stage at Cecelia. We’re really excited by this key step for Riverside.

Maurice Jackson:  

John-Mark, we referenced that Riverside Resources has attended PDAC. What type of discussions were you having there with shareholders and specifically anyone else in particular that we should know about?

Dr. John-Mark S: 

We really enjoyed being there. It’s a great chance to meet with shareholders. Of course. We try to keep our shareholders up to date with videos like this, and with our website, and with our press releases. But there’s nothing better that being able to meet one on one. Face to face with them.

They were coming and asking what are we doing and how things are going. We were delighted to say that what we’re doing is getting deals done. What we’re doing is having OPM. What we’re doing is really making discoveries in Mexico.

And it was also great for us, some of the discussions with potential partners. Meeting with the majors and mid-tier companies, both gold and copper as well as other commodities that are interested in Mexico. Trying to form other alliances and particularly on our specific projects, looking for partners there.

It was really good. We have projects with partnerships and also have other projects that we’re working with. So, we’re really excited by the PDAC.

Maurice Jackson: 

All right. Dr. Staude, I have a multilayered question for you here. What is the next unanswered question for Riverside Resources? When should we expect an answer? What would be the measurement for success?

Dr. John-Mark S:   

Exactly. One of them will be what’s the next step with the Cecilia Project? In the next four weeks, we will have reached that decision of are we drilling ourselves, are we doing with a partner? We’ve now gotten different people expressing interest and so we’re trying to see what’s the best solution for us as team, de-risking and now that we have this larger area, what really a deeper pockets significant company could do with the project.

It really is a game changer for us. I think for us, the unanswered questions is, is there an ore body there, and the way we’re going after it is either with OPM or with sole funding. If we’re with OPM, picking a partner that has the pockets and the commitment to go after it. That would really reach the unanswered question without going through our bank account.

Maurice Jackson:  

Finally, what did I forget to ask?

Dr. John-Mark S: 

I think Riversideas a prospect generator has multiple different projects. In particularly copper and other commodities. I think you may not have asked what about other commodities. One of the key commodities is copper. We’ve been able to leverage off of our relationships with copper companies such as Cliffs, and the work we had done with Antofagasta, to now have and own a very nice copper portfolio inside of Riverside.

Riverside is working on that. I think in the next three months, we’ll also see news on that. We’re very excited by multi-commodities moving into the next quarter, Riverside’s in a great position.

Maurice Jackson: 

John-Mark, for someone listening today and wants to get more information regarding Riverside Resources, please share the contact details, staring with the symbols.

Dr. John-Mark S: 

The symbols are RRI and on the TSX-V and RVSDF on the OTC. Also to reach us, you can reach us on our website, which is rivres.com or please phone us at 778-327-6671.

Maurice Jackson:  

And last but not least, please visit our website www.provenandprobable.com where we interview the most respected names in the natural resource space. You may reach us at contact@provenandprobable.com.

Dr. John-Mark Staude of Riverside Resources, thank you for joining us today on Proven and Probable.

As a reminder, we want to share with our listeners that Riverside Resources is a sponsor of Proven and Probable and that we’re proud shareholders of Riverside Resources for the virtues we conveyed in today’s message.

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