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Maurice Jackson:
Joining us for a conversation is Dr. John-Mark Staude. He is the president, the CEO, and director of Riverside Resources, Where Knowledge is Golden.
Dr. Staude, welcome to the show, sir.
John-Mark S.:
It’s great to be on the show, Maurice.
Maurice Jackson:
Riverside Resources has some exciting news regarding the soil samples and new target areas at the Cecilia Gold Project in Sonora, Mexico. John-Mark, for someone new to the Riverside Resources story, please share who is Riverside Resources, and where is the Cecilia Gold Project located within Sonora, Mexico?
John-Mark S.:
Riverside is a Prospect Generator company. We founded the company 11 years ago, and we’ve been able to generate a number of projects into a portfolio that we’ve then spun into many deals. Right now, we’re very excited by the Cecilia Project because it’s in a very safe, easy-to-work area in northeastern Sonora, Mexico. Sonora is one of the main mining states in the country of Mexico, and Mexico has been a world leader for silver and gold mining for over 500 years. It’s a great location in a super country. We’re very excited by our Cecilia Project.
Maurice Jackson:
And how close is that to Arizona and New Mexico?
John-Mark S.:
You know it’s right there, very close. We’re only 40 kilometers from the border, immediately south of the city of Agua Prieta and Douglas just south of Arizona. Such a great location has paved access to the property. Ranch owners own it. We work with the ranch owners. It’s very easy for us to work and we’re very excited by the logistics and the favorability of this project. Not in the mountains, out in the flats. Very nice. Easy place to work. We really like it.
Maurice Jackson:
John-Mark, take us to the Cecilia Gold Project and let’s discuss just how big is the Cecilia Gold Project, and what type of lithology is prevalent there?
John-Mark S.:
Cecilia Gold Project is nice and large. It’s six kilometers on a side, and we have a central main zone that is a tight area of two kilometers by two kilometers with other areas around it, which we’re showing on this map. So Cecilia is as large as many of the mining districts with multiple different targets, each of them at least a couple of kilometers long, a kilometer wide, multiple targets of large scale. We’re very excited to have such a big target area as the Cecilia Project.
Maurice Jackson:
And what type of lithology is prevalent there?
John-Mark S.:
It’s a rhyolite dome complex, and I welcome anyone to come to the website and look at our videos. The rhyolite dome right in the middle of the mountain here, and then we have other domes around it, are of the type of deposits and type of geology that host many of the gold deposits in Mexico and really make this a prospective area for a new discovery.
Maurice Jackson:
Riverside has completed extensive soil, rock-chip, and channel sampling. Looking at the map, walk us through some of these results.
John-Mark S.:
One of the key areas right in the middle is the central target area. That’s an area where we have previously announced some of the work that we have done on the sampling, and now we’re continuing to work on that central target area right here. But what’s really amazing is the blue lines here. These are all the new sampling we have just completed. It’s 400 meters, almost half a kilometer, between each of those lines. So with such a wide space of these lines, we find continuously on one, two, three, all the way up on nine lines over five kilometers long, the Cruz target.
Cruz, this is the Arroyo Cruz, is along a fault structure. This type of mega-target is the same type of target that was found at the Mercedes project, which is 70 kilometers away and is now an active gold mine. This mine formerly operated by Yamana, now operated by Premier Gold, has a similar type of geochemistry at the surface with anomalies of gold, silver, copper, zinc, and lead. Particularly the lead anomaly showing the upper parts of our epithermal system, the Cruz target one is very exciting to us.
Another target coming out is gold and lead, the Cruz two target. This, a parallel structure. Where these dots end is where we haven’t sampled yet, so there’s room to sample. In fact, we’ve only done about a third of the overall area. All of this area over here on the West, all of this area here on the South, not yet sampled and detailed. What we see in just this area here where we’ve contoured up is good mineralization.
Another target, the Casa de Piedra target. This target is going Northeast structure the same type of one that posts some of the major copper deposits, some of the major gold deposits of Mexico, particularly in Sonora. We like this target. Again, two kilometers along strike with good gold anomalies and copper. The Los Llanos target is very interesting. The topography, the brown we see here is topographic lines. The topography is coming up. We’re actually in limestone here. This is a target very much like the recent discovery and sale of the Taylor deposit by Arizona Mining.
At Los Llanos we’re in Paleozoic rocks, the same type of geology with intrusives next to it that could be another mega discovery for Riverside. We’re very excited by the Llanos Target and the Mesa target. This fault right along here, the topographic line, is a fault structure that’s feeding right up to the main central target. So the Mesa target is high-grade gold we like, and we have rock chip sampling as well as the soil sampling, and I’ll be following up more, is a very exciting target we have.
So we have a number of targets. The Mesa, the Llanos, the Piedra, …read more
From:: Mining.com