John-Mark Staude

And so those projects in Ontario are high-grade gold near Canada's fourth largest open pit gold mine. Ross Bey has built this huge mine at Greenstone Gold and Blue J has the properties around the mine. Three different projects.

The Yukon asset is pretty interesting. It's called the Skookum project. It's good. Nice grade gold.

we did work in 2024 in Ontario and we've moved those portfolio of projects into their own company to unlock that value

the third thing was we added rth elements I think that we can see we didn't know that Donald Trump was going to win but now with Donald Trump winning and with the real push for the United States and uh Donald Trump trying to think that uh you know he wants to expand the United States include Canada Greenland and the rest of the planet in as part of his jurisdiction or something crazily critical metals are going to be a key aspect and Rare Earth elements are vital so in 2024 we added those

It's a very easy project to do. It's heap leech.

It's called a carbonate replacement system, a CRD. And what it is is big nice mineralization big areas they call them mtos these flat zones chimneys where it comes up.

We had 30 m of 20 g gold which is really really significant and 200 g silver.

They need to spend $5 million. So far they've spent about a million and a half.

So, Riverside's market capitalization is Canadian 22 million, but we're sitting with $5 million cash in the bank.

they need to spend 5 million Canadian in the work and then they're going to actually on top of that they pay us shares

Everything is permitted to drill. We have the money in the bank.

with over 4 and a half million in the bank right now with a burn rate of around one to two a year we would go two to five years before we need to raise capital on top of

generally we often come in around 300 to 500,000 a year as a very base level standard amount

They need to spend $5 million. So far they've spent about a million and a half.

we spend about a million a year and we've done that annually

with over 4 and a half million in the bank right now with a burn rate of around one to two a year we would go two to five years before we need to raise capital

So, Riverside's market capitalization is Canadian 22 million, but we're sitting with $5 million cash in the bank.

We have $4 million cash. We have no debt. Okay. $4 million cash, uh, $11 million market cap,

right now we have five million in the bank right now on the news releases and stuff we're talking about 4 million again just to be conservative but if you looked right now we do actually still have 5 million in the bank but over the next weeks it'll go below five to 4. 9

We have $4 million cash. We have no debt.

Third is royalties. Really, really good. We have royalties on multiple different transactions.

we're starting to doing drilling and we're drilling our second phase and what's happening there with Quest Corp

the red jacket project. We'll have results there. Moving ahead potentially getting ready to drill.

the listing is coming in the next 3 to 5 weeks

We will have flown a geophysical survey. We will have had the summer of the work on the rare earth elements

It's public but not trading. It'll be listed early next year.

Last time we sat down, you were preparing for an inaugural drill program at Leon. Is that program now underway? >> It is. In fact, right now, this moment, I'm working on the drilling.

we were in 2024 with gold able to get drilling a deal with Fortuna mining which was a big deal for us we then were able to drill in 2024 and now we're getting the final results together and so we'll have news results on that

I did in November of 2024 show to the shareholders we are doing that with blue J resources now blue J gold and we'll have more news about that

I'm right now working on the paper on the different disclosure for the annual shareholder meeting in vote and we'll send the circular out in the coming weeks

I think in the next three months we'll see those steps and those votes happening

Everything is permitted to drill. We have the money in the bank.

Next month we'll be drilling. We have the drill targets coming along. Everything is permitted to drill.

Riverside went from Mexico into Ontario and you said, "Jamar, why are you leaving Mexico?"

today I'm going to be jumping all over the place from Canada Mexico and then maybe even the us because I'm going to be talking to John Mark stouty who's the CEO of Riverside resources

drill results that we're talking about on the Union project and drilling and exploration of Mexico. Secondly, in Canada and British Columbia, we've diversified and added so gold there.

Ourselves, we work in that state. We're just 20 kilometers away.

if the Mexican government allows and you know, you know, puts it forth that you can actually do open pit mining, it would be greenlighted

Well, Rick, I'm a yes, I'm a major shareholder in Riverside. I control about overall, you know, a large percent and very keen on that.

how much do you own? So we my family controls around them about 8 to 10% in that in that amount.

We've been able to do over 85 projects and help create seven companies out of Riverside.

I actually started off as a translator working for the US Geological Survey in Mexico studying the ore deposits of Mexico and built out the Mexican database for the US government 40 years ago...I then published that in academic journals and did work and joined working with magma copper for three years and then with BHP for another 10 years and also with Riotinto and eventually with tech doing mineral exploration where we had work on copper, gold, silver, these different commodities. Then I founded Riverside. I've been doing Riverside for 18 years.

The program looks like 1,500 meters. It's an initial inaugural program. It looks like six or seven core holes. Those core holes drilling into the type of geology similar to a lot of the big deposits in Mexico. It's called a carbonate replacement system, a CRD.

We're simply working on refining the targets. Super excited.

It's heap leech. It's very close to where they're producing over half a million ounces a year of open pit gold in Sonora, Mexico.

Capitan Silver went from 20 cents to over $2. That's a 10x in terms of the share price.

We've been going 20 years or 18 years and if fewer than 100 million shares out.

Riverside has a small market cap of $11 million. We have 75 million shares out.

The shares in the company, we're already 9.9% owners now. They paid us in shares, but we're doing the work and operating the project and we get a fee for that.

It's a great question. And so, basically, as we had done with Capy Ton Silver as well, this case it was a 5 to1 ratio...The valuation on that was with the last financing was at 40 cents per share Canadian.

So with drill results from our partners. So one of the partners we're working with is Quest Corp...another spin out and that's really exciting.

four things going to look next year. Drill results that we're talking about on the Union project and drilling and exploration of Mexico.

We've completed that just here in the month of May. Also, we've made progress on drilling and exploration of our Cecilia project progressing that we have that moving ahead. We also got a deal done with Quest Corp at the Union project and now going forward we'll be drilling there. We had a news release this week about the exploration results from geoysics

A big catalyst is drill results...So now we're going through that the summertime. Really good. So looking forward to those results coming into the fall.