Riverside Resources and Questcorp Complete Geophysics Programs and Continue Drilling at La Union Project
Riverside completes geophysics and advances phase 2 drilling at the La Union project, with assay results currently pending.
Riverside Resources Inc. (RRI) and partner Questcorp Mining have completed expanded geophysical programs at the La Union Project in Sonora, Mexico. The work included an aeromagnetic drone survey covering 248 km and an Induced Polarization (IP) ground survey consisting of five lines.
Processed aeromagnetic data has been integrated into the active summer core drilling program, which is continuing at the Union, Union North, and Jabali targets as part of Phase 2 exploration. Results from the IP survey are expected soon and will be used to identify expansions and additional targets. No new drill assay results are reported in this release; the focus remains on geophysical integration and ongoing drilling operations.
Riverside Resources Inc. (RRI) released this update as a standard, expected progression of the Phase 2 exploration program announced on June 9, 2026. The completion of geophysics and the continuation of drilling represent routine operational milestones that align with prior management guidance.
There is no new assay data, financial update, or strategic shift that would materially alter the company's valuation or risk profile at this stage. While the news confirms operational momentum, it lacks the catalyst required to drive significant price appreciation and is fully priced in as part of the ongoing exploration cycle.
Riverside Resources Inc. (RRI) operates as a project generator and early-stage mineral exploration company with assets in Canada and Mexico. The company’s flagship asset is the La Union Project in Sonora, Mexico, a district-scale Carbonate Replacement Deposit (CRD) targeting gold, silver, and zinc. The property features historic mining activity and multiple structural targets, and is currently advancing Phase 2 drilling funded by partner Questcorp.
Other assets held by the company include Red Jacket in British Columbia, a VMS copper-gold deposit; Revel in British Columbia, a carbonatite REE project; Ariel in Sinaloa, a porphyry copper deposit; and Cecilia in Mexico, an epithermal gold-silver deposit. The company’s business model focuses on identifying, acquiring, and advancing early-stage projects using partner funding, while retaining equity stakes and net smelter returns (NSR) royalties to minimize corporate dilution.