Riverside & BHP Progress into Second Year of Exploration Funding Agreement for Copper Discovery

Riverside_22062020

Vancouver, British Columbia–(Newsfile Corp. – June 22, 2020) – Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: R99) (“Riverside” or the “Company”), is pleased to announce the continuation of the Exploration Agreement with BHP Exploration Chile SpA (“BHP”) for the funding of generative copper exploration in the copper producing belt of Sonora, Mexico (the “Program”). BHP will be providing Riverside with US$720,000 to commence the first half of the second year of the Program to continue to grow the portfolio of copper projects which is an increase of US$220,000 from the initial plan and better captures the investment to progress toward a Defined Project. These funds fully cover the continued generative grass-roots copper exploration and project acquisitions within the Laramide copper belt. BHP will make the following US$720,000 deposit at the next 6-month mark near the end of this calendar year. The BHP-Riverside Technical Steering Committee met last week and the program is on track and progressing with a series of properties now acquired and results coming along.

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