Riverside's Exploration Funding Agreement with BHP
Riverside announces a two-year, US$2,000,000 Exploration Financing Agreement with BHP. The Program will focus on identifying and developing exploration opportunities leading to the discovery of new large copper deposits within an Area of Interest (“AOI”) using Riverside’s technical knowledge base of copper systems and strong generative exploration team strategically based in Hermosillo, Sonora.
This video shows the region of the Exploration Funding Agreement, where Riverside will perform generative grass-roots exploration within northeastern Sonora in the region of many copper deposits and some very large copper operations.
The exploration area being explored is in the central part of the Laramide Copper Belt that continues northward into Arizona and New Mexico, hosting numerous large, Tier 1 copper deposits.