Riverside Resources Inc. - Home
|

Commodity: Gold
Deposit Type: Orogenic shear-hosted gold
Location: Ontario, Canada
Size: ~5,200 hectares
Status: Available for Option

The Oakes Project is centered on the Oakes Township just north of Canadian National Highway 11 and about 2km north of the town of Long Lac, Ontario. The Oakes Township is part of the well-endowed Beardmore-Geraldton Greenstone Belt, located northeast of Thunder Bay, Ontario. The Geraldton region has a long and rich mining history and has produced over 4.1 million ounces of gold over the past 100 years including the combined MacLeod-Cockshutt Mine, which produced 1.5 million ounces of gold. More recently, the Hardrock Project held by Greenstone Gold Mines (jointly owned by Equinox Gold and Premier Gold Mines) has elevated attention on the area by announcing their intention to mine their gold resource near Geraldton, Ontario. The Hardrock Project has Proven & Probable Reserves of 5.5Moz at 1.27 g/t Au1.1 1Riverside sees Oakes as an exploration potential eastward extension of this geology and the potential for big new discoveries.

[1] https://www.equinoxgold.com/_resources/projects/technical_reports/2021-Hardrock.pdf

cross section of

Figure 1: Geraldton Greenstone Belt showing the location of Oakes Project
Pichette and Oakes projects with past producing mines (+4.1M Oz Au in past production)1