Riverside Resources (TSE:RRI) has released an update.
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Riverside Resources has signed a Letter of Intent with Questcorp Mining, granting the option to acquire 100% interest in the La Union project in Sonora, Mexico, with a total investment of $5.5 million over 4 years. The project boasts a rich gold-zinc carbonate-hosted district, with historical drilling data and several drill-ready targets. Riverside will become a significant stakeholder in Questcorp, reflecting a strategic partnership aimed at advancing the project’s exploration and development.
For further insights into TSE:RRI stock, check out TipRanks’ Stock Analysis page.
