Riversgold advances exploration in Canada

Riversgold Limited (ASX: RGL) has completed a site visit to their Saint John Project in New Brunswick, Canada. This site, which targets high-grade copper, gold, antimony, and silver, is strategically located 50 km from the USA border and covers 101 square kilometers. During the visit, 64 rock chip samples were collected, showing promising mineralization results, and sent for analysis.

Riversgold's strategic steps in mineral exploration

Riversgold Limited has made significant progress with the Saint John Project in New Brunswick, Canada. The project area is easily accessible, with excellent infrastructure supporting near year-round exploration. With promising initial results from rock chip samples, Riversgold aims to fast-track exploration through systematic techniques. The project's strategic location near major infrastructure, including ports and mills, enhances logistical efficiency. The company has an option to acquire 100% ownership, underscoring its commitment to long-term development. Upcoming analysis results will further validate the project's potential, with continued exploration and collaboration with local experts to assess the possibility of IOCG and porphyry mineralization models.

Executive insights on Saint John Project

The company has engaged an experienced local geologist to continue the sampling program. Additionally, a drone magnetic survey is planned for mid-November over the Little Lepreau prospect, which will aid in identifying further exploration targets.