Riverside Resources Inc. announced it has expanded the targeting area at the Pichette Project 60 km west of Greenstone Gold's open pit mining operations in Geraldton, Ontario. Riverside's work with structural geology and geochemistry has progressed the targeting of two new areas. At Pichette, structural geologic intersections of favorable lithology particularly with banded iron formation (BIF) are key to hosting mineralization as was noted in the nearby, past-producing Leitch and Sand River mines, where operations produced at or above 2/3 ounce per ton gold commonly producing at over 1 oz Au per ton (OGS, OFR 5538).

Structures associated with banded iron formation units were well defined by the recent drone magnetic survey. Working with this data with field information, Riverside was able to locate and sample key new outcrops of mineralized banded iron formation believed to be the PAT veins which have been drilled in the past. Several samples were taken from the vein along a 50m exposed section that returned 1m chip samples of 13g/t and 21 g/t gold within banded iron formation units.

Recent logging has exposed a lot of outcrops for examination which will hopefully allow the Company to locate some of the historic drill pads or collars. The Pichette Project has excellent road access and infrastructure being located immediately south of the Trans-Canada Highway. The project is underlain by an east-west trending panel of Archean-aged metavolcanic and metasedimentary rocks intruded by gabbros and porphyries.

Metamorphism and tectonics have in most cases upgraded the tenor of gold mineralization in the belt between Beardmore and Geraldton. The Company analysis interprets the first phase of deformation resulted in folding of the Banded Iron Formations and north-south shortening of intrusions with most of the vein mineralization occurring during a second sinistral shearing event. These rocks were again subjected to a third dextral shearing event which resulted in some remobilization in metals.