Ariel Copper-Gold Project
The Ariel Project is strategically located 30 km ESE of the world-class La Caridad Cu-Mo porphyry mine (1,800 Mt @ 0.45% Cu, 0.02% Mo), and 24 km SE of the Los Alisos Cu porphyry prospect. To the best of RRI’s knowledge, the area has not been drill tested previously and represents a new grass-roots target.
The Ariel property was staked by Riverside following a diligent reconnaissance prospecting program in the area. Access on the Property is good with 30 km of dirt roads that can be accessed from paved highways. The area also has existing infrastructure a power grid and other infrastructure are in place servicing the nearby La Caridad mine.
EXPLORATION HISTORY & RESULTS
This project is strategically located in the Laramide copper belt of northern Mexico and is currently at an early stage of exploration work being completed in March 2018. Preliminary geologic mapping, alteration analysis, sampling and mapping has been completed on the project which has created 3 target areas for follow-up exploration.
Initial observations and interpretations suggests Laramide age volcanic and intrusive host rocks and alteration patterns consistent with a copper porphyry type system. The project covers an extensive zone of hydrothermal alteration, measuring 2.8 km in length by up to 1.9 km wide in one central area and other lateral zones. These alteration types recognized on the Property are consistent with the upper parts of a porphyry Cu system.