{"id":11968,"date":"2024-11-05T14:52:13","date_gmt":"2024-11-05T14:52:13","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/11\/05\/riverside-resources-project-generator-with-a-diversified-portfolio-of-assets-in-canada-mexico\/"},"modified":"2024-11-05T14:52:13","modified_gmt":"2024-11-05T14:52:13","slug":"riverside-resources-project-generator-with-a-diversified-portfolio-of-assets-in-canada-mexico","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/11\/05\/riverside-resources-project-generator-with-a-diversified-portfolio-of-assets-in-canada-mexico\/","title":{"rendered":"Riverside Resources: Project Generator with a Diversified Portfolio of Assets in Canada, Mexico"},"content":{"rendered":"<\/p>\n<p class=\"\">\n<div class=\"rebellt-item                                col1\">\n<p>With a market capitalization of approximately C$10 million and no debt, Riverside Resources (TSXV:RRI) has successfully advanced over 80 exploration projects and has completed seven successful spinouts and royalty transactions over its 17-year history. Founded in 2007, the company focuses on precious and base metals, with a unique business model designed to minimize financial risk while maximizing exploration opportunities.<\/p>\n<p><span><\/span>Riverside\u2019s diversified portfolio spans different geographies and commodities, including gold, silver, copper and rare earth elements (REE) in Ontario and British Columbia in Canada, and across Mexico. Riverside is well-capitalized, with over $5 million in cash on hand, no debt, and a well-established royalty portfolio. This strong financial position allows the company to continue exploring new opportunities while reducing operational risks.<\/p>\n<\/div>\n<div class=\"rebellt-item                                col1\">\n<p>Riverside Resources\u2019 Ontario-based gold projects are located in the Western Abitibi region, one of Canada\u2019s most prolific gold-producing areas. The company\u2019s assets are near Equinox Gold\u2019s Greenstone gold mine, which provides significant potential for future development or acquisition. The Greenstone mine is expected to produce more than 390,000 ounces of gold annually for the first five years of its over 15 years of mine life. As this mine nears the end of its life, Riverside\u2019s nearby properties could provide valuable ore, potentially making them attractive targets for acquisition by Equinox or other major players in the region.<\/p>\n<\/div>\n<div class=\"rebellt-item                                col1\">\n<h3>                            Company Highlights                                <\/h3>\n<p>Riverside Resources has successfully advanced over 80 exploration projects using more than $85 million in partner-funded exploration.<br \/>\nRiverside\u2019s Ontario gold projects are strategically located near Equinox Gold\u2019s Greenstone Mine, offering significant potential for future development or acquisition.<br \/>\nThe Cecilia gold-silver project in Sonora, Mexico, is advancing through a partner-funded drilling program with Fortuna Silver Mines, offering significant discovery potential.<br \/>\nWith over C$5 million in cash and no debt, Riverside Resources is financially strong, ensuring sustained exploration activity.<br \/>\nThe company has completed seven successful spinouts and royalty transactions over its 17 year history, creating substantial value for shareholders.<br \/>\nThe company\u2019s business model minimizes financial risk by partnering with larger companies, enabling multiple simultaneous exploration projects.<\/p>\n<\/div>\n<div class=\"rebellt-item                                col1\">\n<p><em><em>This Riverside Resources profile is part of a paid investor education campaign<\/em><\/em>.*<\/p>\n<p>Click here to connect with Riverside Resources (TSXV:RRI) to receive an Investor Presentation<\/p>\n<\/div>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With a market capitalization of approximately C$10 million and no debt, Riverside Resources (TSXV:RRI) has successfully advanced over 80 exploration projects and has completed seven successful spinouts and royalty transactions over its 17-year history. Founded in 2007, the company focuses on precious and base metals, with a unique business model designed to minimize financial risk [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":11969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-11968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/11968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=11968"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/11968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/11969"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=11968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=11968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=11968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}