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Riverside Resources returns high grade copper samples from Cerro Azul

May 26, 2011 3:32 PM ET
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Junior explorer Riverside Resources (CVE:RRI) said Thursday that it has returned high grade copper values from rock cip and soil samples taken at the Cerro Azul project in Guerro, Mexico.

Riverside is currently partnered with Guerrero Exploration to advance the property towards drill testing, working to better define target areas previously identified through reconnaissance exploration. The two companies have collected more than 200 rock samples and 1850 soil samples thus far.

The samples returned copper values as high as 10% copper and 1.8% copper, respectively, within a 5.3 by 0.8 kilometre anomalos target zone in the southern portion of the property, which includes the Loma Coyote, La Minillas and Las Trojas target areas.

Also during the first phase of the 2011 work program, another target area called Coacoyul was identified in the northern part of the 260 square kilometre property.

“The recently completed work at the large Cerro Azul Project has better defined drill target areas that each show individual potential, and collectively has started to outline an intriguing trend of metallic mineralization,” said president and CEO John-Mark Staude.

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