Riverside Resources Options Glor Gold Project to Centerra Gold


VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 26, 2016) – Riverside Resources Inc. (“Riverside” or the “Company”) (TSX VENTURE:RRI) (OTC PINK:RVSDF) (FRANKFURT:R99), is pleased to announce that it has signed an option agreement (the “Option”) with Centerra Gold Inc. (“Centerra”) for the Glor Gold Project (the “Project”), located approximately 8 km west of Alamos’ El Chanate Gold Mine in Sonora, Mexico. Centerra will have the opportunity to earn a 70% interest in the Project by funding US$3,500,000 in exploration work over the next four years. Riverside has completed mapping and sampling work on the project and will continue as the project manager for at least the first two years of the agreement with Centerra.

Leave a Reply