Riverside Resources Inc. (RRI.V) and its partner, Sierra Madre Developments Inc. provided new trench and drill results from the Jesus Maria Mine area at the Peñoles Project in Durango, Mexico.
John-Mark Staude, Riverside’s President and CEO, said: “Riverside is very pleased with the discovery of a wider vein system at Jesus Maria and looks forward to much more extensive drilling down dip and along the additional kilometer strike length. Every drill hole thus far has successfully hit silver-gold mineralization. With several other exposed vein targets with old workings, but no modern drill definition, we feel positive about the exploration potential of the system.”
RRI has climbed 16% to 43 cents, trading near the lower end of 52-week range $0.35 – $0.98.
