Riverside Resources Inc V.RRI

Baseline DD

[Boot1]

I thought I would throw my name into the hat. Here are some fundamentals, nothing new to the longs. Aggregated from the website, Sedar mostly. I do this type of DD before digging further before investing. Thought I would share. I trust the Memorial Day Weekend is a good one for the US investors.

Bullion Bulls Canada:Last Updated on Friday, 27 May 2011 10:16Written by Brian BoutilierFriday, 27 May 2011 09:09
Mining Companies - Gold Companies
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Junior Explorer/Prospect Generator Au/Ag/Cu/Fe

Riverside Resources Inc. operates under a joint-venture, shared-risk business model that capitalizes on the company's in-house technical knowledge and its vast experience in the field. The team leverages its technical knowledge, proprietary Mexican database and vast experience in the field to create shareholder value through discovery. By strategically acquiring early-stage projects with significant potential, Riverside has been successful at developing a diversified mineral property portfolio in Mexico and The USA. The Company has optioned eight of its gold and silver properties in Mexico and is operating an IOCG Exploration Alliance with Cliffs Natural Resources Exploration Inc.The Company is listed on the Toronto Venture Exchange under (RRI) and OTC under (RVSDF) and Frankfurt under (R99).

Annual Trading Range.54-1.33
Trading on 26 May 2011 at .99

Share Structure
(March 4, 2011)
Issued: 32,044,978
Fully Diluted: 43,424,702
Cash on Hand: $8,931,878
Fully Diluted Cash: $21,686,677

Cliffs: 7.5%
Rule Family Trust: 6.5%
Kinross: 4%
Management: 5%
Lundin Family: 3%

Financials
(Year End Sep 30 2010)
Cash 6M
St Liabilities 182K
Revenue 146K
Cash Burn Rate 1.2M
Annual Loss (.05)
Update: Current Cash 10M


Projects/Properties
The Riverside team provides catalysts for growth by operating focused drill programs on its most exciting targets. Riverside’s hybrid “prospect generator / drill discoverer” model, allows the company to mitigate risk and conserve capital while exposing shareholders to discoveries through focused drill programs. Management aims to increase the Company's land positions, develop joint-venture partnerships and build a portfolio of assets that leverage the company's expertise into expanded shareholder value with limited capital risk.



RIVERSIDE 100% OWNED DISCOVERY TARGETS

Tajitos Gold Project, Sonora
Previous mining on the 146km2 project produced an estimated 50,000 ounces of highgrade gold from veins by producing more than 200,000 tons of ore during at least three operational campaigns over the past 100 years. Recent drilling by Penmont intersected gold quartz veins and found mineralization extending beyond the veins into the wall-rock zones. Recent geochemical and magnetic results have identified three target zones on the property.

Clemente Silver-Gold Project, Sonora
The property is located approximately 5km NW from the Cerro Colorado mine,
40km south of Caborca and 40km west of Trincheras. Riverside has completed a first phase exploration program and returned assay values up to 2,900 g/t silver and gold values up to 5.4 g/t.


RIVERSIDE JOINT VENTURE PORTFOLIO
Penoles Gold-Silver Project, Durango
The 2008 drill program on the 350km2 project made a low-grade gold discovery with multiple surrounding vein targets and two past producing mines. The 968m diamond drilling program consisted of five holes that identified a central gold zone connecting with gold out-crops and now, along with this drilling campaign,
suggests broader continuity of gold mineralization. Riverside is advancing the project.


Sugarloaf Peak Gold Project, Quartzsite
Historic drilling identified a non 43-101 compliant gold resource. Riverside’s
2009 1,125 m drill program confirmed the presence of an extensive mineralized body to a depth greater than double the depth of the historic drill data. The option agreement Riverside has with Choice Gold Corp. mandates that Choice Gold spends an aggregate $5.5 M in exploration, including a drill program. Libertad

Gold Project, Sonora
Geologix Explorations Inc. completed a 10 hole, 2,213m drill program on Libertad which returned favourable assay results including intercepts of 94m of
0.74 g/t gold equivalent and 71.45m of 0.71 g/t gold equivalent.

Durango Joint Venture Properties
Catrina Gold Project
Pedernal Gold Project
Escondida Gold Project
Each property in Riverside’s strong goldsilver Durango property portfolio have
targets that show potential for open pit, and in some cases, shallow underground exploration potential. The Durango JV properties have been optioned to Mexigold Corp. and each will be advanced with a 3,000m drill program in the next year.

Cerro Azul Copper-Gold Project, Guerrero, Mexico
The recent IPO listed Guerrero Exploration Inc., in which Riverside has
a significant ownership interest, commenced a $200,000 work program on the Cerro Azul Project this winter. Riverside is the operator of the work program and expects results in the coming months.
Chapalota Gold Property, Sinaloa, Mexico
Riverside has optioned this property to Guerrero Exploration Inc, whereby
Guerrero can obtain a 60% ownership of the project. Part of the option agreements includes that Guerrero must complete a minimum of 3,750 metres of drilling over 3 years.

CLIFFS IOCG EXPLORATION ALLIANCE
In June 2010 Riverside signed an exploration alliance with Cliffs Natural Resources Exploration Inc. that is tasked with identifying and acquiring Iron Oxide Copper Gold projects in north west Baja California state and western Sinaloa state to Oaxaca state, Mexico. Cliffs will contribute US$750,000 to the Alliance on an annual basis, for a minimum of $1,500,000 to fund the exploration
program over a two year period, which can be extended upon mutual agreement. As of August 2010, Cliffs became a 9.9% owner of Riverside through a $1.45M direct investment.

Corporate
John-Mark Staude, President & CEO of Riverside Resources Inc.,
holds a Ph.D. in economic geology and has over 20 years of diverse mining and exploration experience in precious and base metals. He earned a Masters of Science from Harvard University in 1989 and a Ph.D. in economic geology from the University of Arizona in 1995. Mr. Staude held positions of increasing responsibility with a number of major international mining companies including Kennecott, BHP-Billiton, and most recently Teck Cominco. He also worked with smaller commodity-focused companies like Magma Copper Company and consulted to private investment groups. Mr. Staude's extensive Latin America mineral resource experience began in Mexico and extended through South America.

Rob Scott, CFO of Riverside Resources Inc.,
has over 13 years of professional experience in the areas of corporate finance, accounting, and merchant and commercial banking. He is a C.A., a CFA Charterholder and earned a B.Sc. from the University of British Columbia. Mr. Scott has served as the Chief Financial Officer of Riverside Resources Inc. since March 2007 and prior to that, Mr. Scott worked at a private Vancouver-based merchant bank and a major Canadian bank in its commercial banking division and merchant banking subsidiary.

Miguel A Heredia, Mexico Manager for Riverside Resources Inc.,
graduated from the Universidad Nacional Autonoma de Mexico and has over 20 years of mining exploration experience in precious and base metals. He managed exploration for BHP and Penoles in a variety of geological environments in Mexico, North America and Central America. Between 1995 and 1999 he worked for BHP where he held the position of Senior Project Geologist. He has worked on some world-class deposits, including the Fresnillo and San Martin-Sabinas districts and has participated actively in the acquisition of other high-quality properties.

Board of Directors
John-Mark Staude, Ph.D.
- CEO, President, Director
James Clare, LLC, B.A - Director
Brian Groves - Director
William Lee - Director
Michael Doggett, Ph.D - Director

Advisory Board
Brent Cook, B.Sc.
Alan Carter, Ph.D.
Buck Morrow, P.Eng.






Media
TV and Radio

Corporate Presentation
https://rivres.com/images/pdf/presentations/investorpresentation-may20112.pdf

News Releases

May 26, 2011
Riverside and Partner Guerrero Exploration Find High-Grade Copper at the Cerro Azul Project

May 16, 2011
Riverside Expands the Sugarloaf Peak Gold Project by 30% with Partner Choice Gold Corp.

May 05, 2011
Riverside Reports High Grade Gold and Silver Trench Results at the Penoles Project in Durango, Mexico

May 05, 2011
Riverside Acquires 8.6 Million Shares of Choice Gold Corp.

April 14, 2011
Riverside Signs Definitive Agreement with Mexigold Corp. to Option 3 Riverside Durango Properties

March 30, 2011
Riverside and Choice Gold Begin $2M Work Program on Suglarloaf Peak Gold Project

March 07, 2011
RRI Signs an Agreement to Option Penoles Gold-Silver Project to Sierra Madre Developments Inc.

March 07, 2011
Riverside Signs Agreement to Option Chapalota Gold Property to Guerrero Exploration Inc.

March 04, 2011
Riverside Closes $5.5M Financing

February 28, 2011
Riverside Signs Option Agreement with CLI Resources for Sugarloaf Peak Gold Project

February 17, 2011
Riverside Increase Previously Announced Private Placement Financing

February 11, 2011
Riverside Signs an Option Agreement with BCY Resources for 3 Mexico Projects

February 07, 2011
Riverside's Partner Guerrero Exploration Commences Drill Targeting Work at the Cerro Azul Copper-Gold Project

February 04, 2011
Riverside Resources Announces Private Placement

January 13, 2011
Riverside Outlines Growth for 2011 and Reviews 2010 Highlights