CORPORATE PRESENTATION - January 2020 - Riverside ...

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CORPORATE PRESENTATION - January 2020 - Riverside ...
CORPORATE PRESENTATION   January 2020
CORPORATE PRESENTATION - January 2020 - Riverside ...
Disclaimer

  Forward-Looking Statements
  This document contains forward-looking statements and factual information that are current as of the date the document was originally created.
  Riverside Resources Inc. (“the Company”) disclaims any intention or obligation to update or revise any forward-looking statements, whether as
  a result of new information, future events or otherwise. Forward-looking statements include, but are not limited to, statements with respect to the
  timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional
  capital and access to data.
  Forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results,
  performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or
  implied by the forward looking statements. Such factors include, among others, risks related to actual results of current exploration activities;
  changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties; future
  prices of mineral resources; accidents, labor disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining
  governmental approvals of financing

  Any statements, opinions, projections, forecasts or other material contained in this presentation do not constitute a commitment, representation
  or warranty by the company or its directors, officers, agents or employees. The directors, officers, agents and employees of the company shall
  in no way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatsoever nature arising in any way out
  of, or in connection with, the information contained in this presentation. This presentation does not constitute an offer to sell securities and is not
  a solicitation of an offer to buy securities. It is not to be distributed to third parties without the consent of the company. An investment in the
  company is considered to be speculative in nature. Each individual should rely solely upon its own investigations and inquiries with respect to
  the company and agrees it will not in any way rely upon this presentation. The company recommends that you consult your own professional
  advisor(s).

  Qualified Person
  The scientific and technical data contained in this presentation relating Riverside’s mineral properties was reviewed
  by Freeman Smith, P.Geo., a non-independent qualified person to Riverside Resources, who acts as a "qualified person"
  under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

                2
CORPORATE PRESENTATION - January 2020 - Riverside ...
Investment Highlights

• Highly experienced & focused
  exploration team
• 75,000 Location Database
  ($20M+ in past investment)
• +$2.5M in cash and +$1.5M in
  other junior resource equities
• Less than 63M shares
  outstanding
• New partnerships in 2020
  – Exploration Funding Agreement with
    BHP (focus on copper)

• Canadian Project Acquisitions
• Mexico Project Transactions
• Gold-Silver resource
                                         Partner-funded Exploration in Sonora, Mexico
  project + new discovery
  drilling in 2020
             3
CORPORATE PRESENTATION - January 2020 - Riverside ...
Experienced and Balanced Management Team

Management
• John-Mark Staude, President & CEO
• Alberto Orozco, VP Corporate
  Development
• Freeman Smith, VP Exploration
• Pedro Herrera,
  Country Manager (Mexico)
• Robert Scott, CFO

Board of Directors & Advisors
• John-Mark Staude, Director
• Brian Groves, Director
• Carol Ellis, Director
• James Clare, Director
• Walter Henry, Director
                                      Riverside in the Field with Directors
• Ron Burk, Advisor
                                      For full bios please visit Riverside’s
• Joness Lang, Advisor                website at www.rivres.com
           4
CORPORATE PRESENTATION - January 2020 - Riverside ...
Highly Experienced Technical Team
John-Mark Staude, President & CEO
                                                      Companies our technical team
Mr. Staude earned a Masters of Science from Harvard
University in 1989 and a Ph.D. in economic geology     have formerly worked with
from the University of Arizona in 1995.
Alberto Orozco, VP Corporate Development
Mr. Orozco has 15 years of mining experience
working with Linear Gold Corp., Pediment
Gold and more recently, Argonaut Gold
Freeman Smith, VP Exploration
Mr. Smith has 19 years of professional experience
in the resource industry working with Oro
Gold, BCGold Corp and Goldplay
Explorations.

Pedro Herrera,
Country Manager (Mexico)
Mr. Herrera holds his MSc. and has
more than 20 years of exploration
experience throughout Mexico.
Ron Burk, Advisor
Mr. Burk has 30 years of work experience
in the minerals industry and contributed
in the discovery of the Pitarrilla Project in
Durango, Mexico.

                 5
CORPORATE PRESENTATION - January 2020 - Riverside ...
Share Structure and Key Shareholders

  Issued
                                                                                         Major Shareholders own ~70% of
  (since IPO in                                  62,691,188
                                                                                                outstanding shares
  2007)

  Options                                          3,941,000
                                                                                   Retail Investors                     European
  Warrants (0.22)                                17,488,875                                                      ~5%    Investor
                                                                                                                        Group*
                                                                                              ~28%
  Fully Diluted                                  84,121,063                                                            ~35%

                                                                                             ~2%
  Cash                                        +$2,500,000                                          ~15%
                                                                              Trimark                     ~15%
                                                                              Capital Ltd.
  52 Week Hi-Lo                           $0.22 - $0.125

  Market Cap                                          ~C$10M

*European Investor Group consists of high net worth investors and small resource funds

*These amounts are estimated to the best of our knowledge as of January 1, 2020

                       6
CORPORATE PRESENTATION - January 2020 - Riverside ...
Riverside’s Equity Portfolio

                              Shares Held by Riverside

                         +2.5M*

                            1M*

                       ~15M**              Other Private/Non-Public Companies

             *+$1.5M CAD deemed value as of January 1, 2020

             **Shares held in illiquid private companies/shells

         7
CORPORATE PRESENTATION - January 2020 - Riverside ...
Partner Funded Exploration

                             Partners

                             For every $1 Riverside spends on
                             exploration the Company has generated
                             ~$2 in partner-funded exploration.
                             *since inception

        8
CORPORATE PRESENTATION - January 2020 - Riverside ...
Past Strategic Partnerships

             Major companies Riverside has had Strategic
                           Alliances with
                                 USA
                                MEXICO

                                                   mk
                                                 40
                                                 26 km

         9
CORPORATE PRESENTATION - January 2020 - Riverside ...
Exploration Funding Agreement with BHP

• BHP to fund US$1M/year for a
  minimum of two-years for
  copper generative work
• Focus on the central portion of
  the Laramide Copper Belt in
  Sonora, Mexico
• Monthly management fees
  plus 10% for all work
• Built in success fee payments
  to Riverside at each stage of
  development
• Three Stages
  1. Project Generation Phase (I)
  2. Project Operation Phase (II)
  3. Joint Venture Stage (III)

                                    Region of Copper Belt of Mexico and Riverside-BHP
                                    Generative program
          10
Progressing the Portfolio

      PROJECT               2020 MILESTONE              VALUE CREATION
                                      USA
                                     MEXICO

       GOLD SILVER                                       Discovery re-rating of
                                Drilling Program
        PROJECT                                                Project

                                                             mk
                                                           40
  PEÑOLES SILVER-GOLD
                                Expanded drilling           Project spin-out
       PROJECT
                                                           26 km
     CANADIAN GOLD          Funded drill program with
                                                         Conserves RRI capital
        PROJECT                     partner

      ARIEL COPPER                                      Expanding RRI’s Copper
                            Joint Venture Partnership
        PROJECT                                               exposure

         11
Expanding into Canada
Why Canada? Why Ontario?

•   Ontario is the leading     Gold Production %
    mining jurisdiction in
    Canada
•   Ontario’s mining belts              43%
                                  57%
    are within mining
    friendly jurisdictions
    and host excellent
    infrastructure and                    Ontario
    numerous producing                    Rest of Canada
    mines
•   Riverside’s projects
    are located Northeast
    of Thunder bay
    Ontario within the
    Beardmore-Geraldton
    Greenstone Belt
    (BGGB)
Oakes Gold Project

• Located in Ontario, Canada
• Good access and close to
  necessary infrastructure              USA
• Historical high-grade gold           MEXICO
  intercepts
• Riverside’s 1st phase

                                                  m
  exploration program found

                                                   k
                                                40
  *high-grade gold samples of
  19.7 g/t Au and 31.9 g/t Au
  *(see press release July 29, 2019)

• 2nd phase exploration program
                                                26 km
  found high-grade gold of up to
  7 g/t Au
  *(see press release Dec 11, 2019)

• High-grade gold discovery
  potential
• Identifying and sampling targets
  for a proposed drill program at
  the Project
• Available for option
                          14
Diverse High-Quality Mexico Portfolio

         15
Los Cuarentas Gold-Silver Project

• 100% Riverside owned
• Located in NE Sonora,
  Mexico & 17 km NW of               USA
                                    MEXICO
  SilverCrest Metals’ Las
  Chispas mine with
  similar geology
• High-grade, low-sulphidation
  epithermal gold quartz vein
  system
• Good access and close to                   26 km
  necessary infrastructure
• Drill permits approved
• Identifying and sampling
  targets for a proposed drill
  program

            16
Cecilia Gold-Silver Project

• Located in NE Sonora,
  Mexico, 40 km east of
  Cananea (Mexico’s largest                  USA
  copper city)                              MEXICO
                                                                                  Agua Prieta
• Good access and close to
  necessary infrastructure

                                                                            mk
• Near-surface gold

                                                                          40
                                      Cananea – World-class
  mineralization amenable             Porphyry Copper Deposit
  to open-pit mining
• Riverside’s 1st phase                                                   26 km
  exploration found *high-grade                                 CECILIA
  gold and silver assays up to
  113 g/t Au & 288 g/t Ag
  *(see press release June 6, 2017)

• Drill permit approved
  with drill targets identified
• Identifying and sampling targets
  for a proposed drill program

                     17
Cecilia Gold-Silver Project

                               611500                                                                           612000                                                        612500

                                                                                                                                                                                    ¯
                                                                                                                                                                                                   Riverside located 4 (four) new target areas
                                                         29m @ 1.64 g/t Au

                              19m @ 2.37 g/t Au
                                                                                                                                                                                                   at Cecilia and identified gold rich rock
                                                                                                          North Breccia Target
                                                         19m @ 2.11 gr/t Au                                                                                                                        intervals at Cerro Magallanes
                                                                                                                                      26m @ 1.96 g/t Au

                                        17m @ 2.88 g/t Au
                                                                                                                                      22m @ 1.46 g/t Au
                                                                              t
                                                                     r   ge                               27m @ 9.20 g/t Au
                                                                  Ta
                                                             ta
3437000

                                                                                                                                                                                         3437000
                                                        ie                                                 8m @ 8.27 g/t Au                               East Target
          47m @ 1.12 g/t Au                        Pr
                                              ua             11m @ 5.38 g/t Au
                                           Aq
                                                                                                                                                                16m @ 1.92 g/t Au
          20m @ 2.44 g/t Au
                                                             12m @ 1.98 g/t Au                              Central Target
          27m @ 1.31 g/t Au
                                                                    8m @ 8.27 g/t Au
          21m @ 2.44 g/t Au                                                                                                                                  25m @ 3.63 g/t Au
                                                                         14m @ 2.44 g/t Au
                                 San Jose Target
          8m @ 3.11 g/t Au
                                                                                  25m @ 1.32 g/t Au

                                                                                                                                                          CECILIA PROJECT
                                                                  SSaa

                                                                                                                                                          Central Target Area
                                                                      nn
                                                                      JJoo
                                                                          ssee

                                                                                                                                                                Drilling Au Intercepts
                                                                                  NNW

                                                                                                                                                          Surface rock samples
                                                                                    W

                                                                                                                                                          Au Composites (m @ g/t)
                                                                                     SStt
                                                                                         rruu
                                                                                             cctt

                                                                                                                                                          Underground samples
                                                                                                 uurr
                                                                                                     ee

                                                                                                                                                          Au Composites (m @ g/t)
3436500

                                                                                                                                                                                         3436500

                                                                                      *Grades are not true widths - Sampling along structures                   Structural Target Zone

                                                                                                   0      100            200
                                                                                                                                 m
                                                                                                                               300
                                                                                                                                                            !   Drilling
                                                                                                                                                                                                   Cerro Magallanes
                                                                                                                                                                Target Zone

                               611500                                                                           612000                                                        612500

                                              18
Peñoles Gold-Silver Project

  • 100% Riverside owned
  • *500K Oz Au eq
     NI 43-101 Resource
  • 11,500 metres of
    drilling and open                                                                                             PEÑOLES PROJECT

  • All reported resources within
    150 metres from surface
  • Open in multiple directions,
    >5 district targets
  • Initial Inferred
     *43-101 resource
     estimate:
     – 305,000oz Au
         @ 0.46 g/t &
     – 15,150,000oz + Ag
         @ 62.3 g/t
  *The El Capitan gold and Jesus Maria silver Inferred Mineral Resource
  estimates were done by Robert Sim, P.Geo of SIM Geological Inc. Mr. Sim is an
  Independent Qualified Person as defined by National Instrument 43-101 Standards of
  Disclosure for Mineral Projects and is a co-author of the 43-101 Technical Report on the Peñoles Gold-Silver Project, Durango State, Mexico that was
  made public on April 16, 2015. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence and economic viability.

                   19
Peñoles Gold-Silver Project – Jesus Maria Target

                                                      • Past partner-funded drilling, underground
                                                        sampling and trenching at the historical Jesus Maria
                                                        silver mine discovered high-grade Ag.

                                                      • Drill highlights included*:

                                                        JM DDH 14-10: 4.25 m at
                                                        732.24 g/t Ag & 1.2 g/t Au

                                                        JM DDH 14-24: 7.15 m at
                                                        988.43 g/t Ag & 1.24 g/t Au
   Riverside’s President and CEO, John-Mark Staude,
        visits historical workings at Jesus Maria       JM DDH 14-26: 3.00 m at
                                                        573.8 g/t Ag & 0.29 g/t Au

                                                        JM DDH 14-27: 18.7 m at
                                                        203.92 g/t Ag & 0.65 g/t Au
                                                        *All intercepts above reported within first 150m from surface

                                                        *See slide 19 for 43-101 mineral resource estimate statement. Updated in 2019
                  Exploration at Peñoles

             20
La Silla Gold-Silver Project

 • Good access and                                                     Oxide Gold in Veins
   close to necessary
   infrastructure

 • 23 km2 land package with
   epithermal Au-Ag vein system

 • High-grade Au-Ag samples
   collected in June 2018*
   – 19.9 g/t Au
   – 200 g/t Ag
   *(see press release June 19, 2018)

 • Riverside’s previous
   exploration program
   expanded previous work
   refining targets for potential
   future drilling

 • Riverside has signed a
                                        Schematic Cross-Section
   Definitive Agreement*                Looking West at the Ciruelos Vein
   with Sinaloa Resources Inc
   *(see press release Feb 19,2019)

                 21
Tajitos Gold Project

  • Located
    in NW
    Sonora, Mexico
    in the heart of the
    Sonora Megashear
    Gold Belt

  • Large 61 km2 land package
    with orogenic gold system
    and open pit potential

  • High-grade gold previously
    mined 100% Riverside owned

  • Tajitos Project is surrounded
    by two advanced projects:         Red Areas = Riverside Concessions
    – Fresnillo PLC’s Tajitos Project
    – Agnico Eagle’s Pitaya Project

          22
RRI Copper Portfolio – Available for Partnership
    !             500000                                        550000                                       600000                            !           650000                              700000
                                                                                                                                               ! Turicachi

                                                                                                                                                                                                                ¯
                             Magdalena                                                                                 Bacoachi
                        !                                                                  Bacamuchi               !
                                                                                       !

                                                                                                                                                                                                                                             Riverside has two
        !
                                                                                                                                        El Batamote               Los                              ! Bavispe
                                                                                                                                                                                                      Ejido
                                                                                                             !
                                                                                                                 Chinapa
                                                                                                                                  !
                                                                                                                                  (
                                                                                                                                  Ì                              Alisos
                                                                                                                                                                                                    !
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                                                                                                                     Florida
                                                                Agua
                                                                                                                                                           !
                                                                                                                                                           (
                                                                                                                                                           Ì              ARIEL
                                                                                                                                                                            ArielPROJECT
                                                                Fria                                                Barrigon      !
                                                                                                                                  (
                                                                                                                                  Ì       ! Nacozari                               !
                                                                                                                                                                                     Bacerac
                                                            !                                       Arizpe
                                                                                                                                            !
                                                                                                                                            (
                                                                                                                                                                                                                                              Copper Assets
            !                                                                                   !                                           Ì !
                                                                                                                                              (
                                                                                                                                                                      _
                                                                                                                                                                      ^
        3350000

                                                                                                                                                                                                                               3350000
                                                                                                                                Pilares       Ì
                                                                                                                                        !
                                                                                                                                        (
                                                                                                                                        Ì
                                                                                                                                                                                                   ! Huachinera
                                                                                                                                Bella        La Caridad
        !                                                                                                                  Esperanza                                 ! Oputo
                                                 Tuape                                                                                Los Hovos
                                             !                                                                                    !
                                                   Rodeo
                       Querobabi               !
                   !
                                                                                           ! Banamichi                                Cumpas
                                                                                                                                  !
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                                                                                                                                                                                                                                                 ARIEL
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                                                       !                                   !                 Washington                                               ! Huasabas
                                               !
                                               (
                                               Ì        !
                                                            Santa Margarita                              !
                                                                                                         (
                                                                                                         Ì
                                                                                                           !
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        3300000

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                                                        ! San Rafael                       !   Aconchi
                                                                                                                                          ! Moctezuma

                                                       Rayon
                                                   !
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                                                                                                                                                                                                                                         !
                                                                                                     ! Aurora
                                                                                                         Mazocahui                                         Tepache
                                                                                                     !                                                 !
                                          ! Horcasitas
                                                                                Ures
                                                                            !
        3250000

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                               ! Pesqueira

                                                                                                        Alamos
                                                                                                    !

                                                                                                                       Matape
                             HERMOSILLO                                                                            !
                         !
                                                                                                           ! Nacori                                                           !
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                                                                                           Las ! Mazatan
                                                                                           Calaveras                                                             ! Bacanora                                               ! Guadalupe
        3200000

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                                                                                       !

                                                                                                                                                                                        Tacupeto         Tarachi
                                                            !
                                                                La Colorada                                                                                                         !                !
                                       ! Torres
                                                                                                                                                       Luz del Cobre
                                                                                ! Pimas                                             San
                                                                                                                                  Javier               / San Antonio
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                                                                                                                    ! Tecoripa
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                                                                                                                                     Ì !               Tonichi
                                                                                                                                                                                                  ! La Igesia
                                                                                                                                                                                                                                                Major Mexico Copper Mines
                                                                                                                               TECO   PROJECT Tres
        3150000

                                                                                                                                                                                           Los Verdes                          3150000
                                                                                                                               Suaqui Teco Piedras
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                                           !                                                                                     Verde
                                                                                                                                                                                                                      !
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                                                                            Caliente                    Agua
                                                                            Rancho                      Caliente
                                                                        !                           !
        3100000

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                               !                                    Guasimas
                                                                !
                  500000                                        550000                                       600000                                        650000 !                            700000
                                                                                                                         !
                                    23                          !
                                                                                                                                                                          !
                                                                                                                           !
Asset Value Drivers

                           Riverside’s Portfolio & Partnerships

                                           Partner-Funded Projects          Funded Exploration
      100% Owned Projects                       USA
                                                                                Program

                                                                       m
CANADA                   MEXICO

                                                                        k
                                                                     40
Oakes Gold          Los Cuarentas             La Silla Gold-Silver     BHP Exploration
Project             Gold-Silver Project       Project                  Partnership Program
                                                                     26for
                                                                        kmcopper discovery in
Longrose            Cecilia Gold-Silver      Sugarloaf Peak            Sonora, Mexico
Gold Project        Project                  Gold Project

Pichette            Peñoles Gold-Silver
Gold Project        Project

                    Tajitos Gold Project

                    Ariel Copper Project

               24
• Riverside commences Exploration
  Funding Agreement with BHP
  •   Lead generation à Copper Discovery

• Riverside expects to deliver partner-funded
  drill program at Oakes Gold Project

• Continued exploration at Riverside
  owned projects:
  •   Cecilia Project: Targets identified & permitted
      for drilling                                           Upcoming
  •   Los Cuarentas Project: Drill
      permitted                                         2020 Catalysts
• New strategic partnerships to                         & Value Drivers
  advance existing 100%-owned
  Riverside projects

• New project acquisitions
  and portfolio growth:
  •   Mexico Expansion (Advancing the Los Cuarentas
      Project)
  •   Canadian Acquisitions (Sampling programs and
      working up targets)
              25
• Riverside has more than $2.5M in the treasury, no
  debt & a strong shareholder base with less than
  63M shares outstanding

• The Company has a strong portfolio
  of gold-silver and copper
  assets in stable jurisdictions
  and is actively adding
  new quality projects to                                Summary &
  the portfolio
                                                      Key Takeaways
• Partners consistently de-risking
  the portfolio and advancing
  projects towards discovery and
  resource development with valuation
  catalysts of new deals, exploration
  results and upcoming drill programs

           26
Riverside Resources Inc.
                                     +1 778.327.6671 x 312
Suite 550 – 800 West Pender Street
Vancouver, BC, Canada V6C 2V6              info@rivres.com
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