Investing in junior mining is highly speculative, but a thriving business model which significantly de-risks a company in this industry is the prospect generator. A prospect generator partakes in the business of exploration through powerful partner-funded networks to pay for the majority of exploration costs. The core model is to build a portfolio of targets… Continue Reading
In a capital intensive business such as mineral exploration and development, the ability for a company president or CEO to find new money is of paramount importance. One such junior mining CEO, John-Mark Staude of Riverside Resources (RRI.TSXV), is an experienced, hard working geologist and deal-marker we trust. Luckily for Riverside they do not need… Continue Reading
Dr. John-Mark Staude’s prospect generator, Riverside Resources (RRI:TSXV), has begun initial ground work at the Swift Katie prospect in BC. The initiation of exploration at Swift Katie will focus on refining targets for a late summer drill campaign. Of particular focus will be the new “Swift” target which is located 2km south of the historical… Continue Reading
John-Mark Staude’s Riverside Resources (TSXV:RRI) has one of the best business models in the mineral exploration business. His firm generates ideas and gets partners to pay for them. And unlike the dozens of groups that say they are in this line of business, Riverside actually does deals and moves the company forward on a regular… Continue Reading
Dr. John-Mark Staude’s prospect generator, Riverside Resources (RRI:TSXV) has signed an agreement with a private Mexican company to acquire a 100% interest in the Cajon gold project with their strategic alliance partner, Hochschild Mining Plc. The Cajon project is located near Goldgroup’s (GGA:TSX) Cerro Colorado mine and Timmins’ (TMM:TSX) San Francisco mine. Recent exploration work… Continue Reading
I just had a call with my friend John-Mark Staude, CEO of Riverside Resources (TSXV:RRI). John-Mark is such an enthusiastic, fun and positive guy and we laughed about the state of the markets while promoting each other on our latest endeavours. Riverside, for those unaware, has a pretty genius business model for a junior mining… Continue Reading
Riverside Resources (RRI:TSXV), the North American focused prospect generator, announced their plans for 2014 this morning. The company highlights the strategic partnerships created in 2013 and how they intend to build on them in 2014 and beyond. During 2013, the company secured two new strategic alliances with Antofagasta and Hochschild for gold and copper prospects… Continue Reading
Haywood Securities’ Chairman, John Tognetti, has added 2.4 million shares to his position in Mirasol Resources (MRZ:TSXV) which brings his total position to over 7.9 million shares or roughly 25% of the company. Mr. Tognetti has been a supporter of Mirasol for a number of years and clearly continues to have his conviction about the… Continue Reading
Dr. John-Mark Staude’s, prospect generator, Riverside Resources (RRI:TSXV) has announced they found a partner in Pembrook Mining (private) to option their Coatan gold project in Mexico. Pembrook will have to pay Riverside $27,460 in cash and incur $1.8 million in expenditures on the project over the next four years to earn an initial 70% interest. Then, to… Continue Reading
Dr. John-Mark Staude’s Riverside Resource (RRI:TSXV), the prospect generator with precious and base metal assets across some of North America’s most prolific mineral belts, announced initial exploration results from their Flute and Lennac projects in BC. The projects were identified as part of a three year alliance with Antofagasta, the Chilean copper giant, which ends… Continue Reading
