Building Royalties Through Spin-Outs, But Can it Move The Stock? | Riverside Resources CEO Interview

**Antonio** (0:00)
This video is sponsored by Terrahutton, who makes the invisible, investible. Today on the CEO BBQ, prospect generating royalties, and even now a spin out, together with Riverside Resources.
But if you're short on time, subscribe to our free newsletter, and once a week, we'll send you a five-minute summary of all interviews we put out, theresourcetalks.com for a free weekly newsletter. Now, although this company has paid us for the production of this video, you should still understand that we are not financial advisors, and this is not intended as financial advice. It is a broad, general, and impersonal piece of information intended only for those who know and understand the risks of junior mining, of which there are many. Before moving on, read the company's official filings on SitterPlus.ca and do your own due diligence. Pause the screen and read all the disclaimers I've shown you because your capital is at risk. If this isn't clear, go to the last section of this video for a longer explanation of the risks and do not consume this content if you don't agree with everything said therein. Moving on, this is not Riverside's first time on the CEO BBQ. John-Mark's been on many, many times before. If it's your first time hearing about the company or first time seeing John-Mark on the BBQ, I'm going to post a link to a Riverside playlist. Please watch those videos first. They really contain everything you'd need to know. The smell test, basic grilling and all that. We're not going to repeat the basics in here. It's going to be more of an update.
In a nutshell though, Riverside Resources has shifted its main operational focus right now to the La Union Project in Northwest Sonora in Mexico where it holds a district scale land package with a lot of historical mining on it. We'll definitely touch upon all of that in the conversation here. With Questcorp mining funding the work under an option agreement, Riverside is currently executing phase two diamond drilling on several targets there after completing expanded drone magnetics and other geophysics, again, we'll touch upon all of that later on. As far as I could tell, the most immediate catalysts is those assay results from this ongoing program, which should start coming through in the second half of 2026 So here relatively soon, it will show whether the earlier intercepts and high-grade surface sampling translate into something with scale and continuity, which is really what the update is going to be on today. Beyond La Union, the main generative approach here that they really have is in British Columbia. And then also last but not least, just today, Riverside announced it's spinning out its other Sonora assets. So they had some other stuff in Sonora in Mexico. They're going to spin those out into a new vehicle that's going to be called Ravena Resources, which will carry those projects forward. They're going to finance them themselves. It's going to be a new vehicle that's going to get listed on the TSX-V.
And that's targeted for the second half of 2027 But again, hopefully an update on the timing and all that as well. And in the meantime, by the way, Riverside will keep a shareholding in Ravena plus royalties on the assets that are being transferred. And I'll ask for more details on that. Take a symbol here for Riverside is RRI on the TSX-V. But I'm going to skip all the other details because I'm sure you've heard them dozens of times and nobody really wants to listen to me, John-Mark. They want to listen to you. I'll give you the word here, but first of all, thank you for sitting down with me today.

**John-Mark Staude** (3:18)
Antonio, I am most impressed with your research. You gave a wonderful summary. I was learning and it was 100% spot on. Nice job.

**Antonio** (3:26)
Thank you. And it's been a couple of months since we've done a deep dive on Riverside. How have you been? I think you just came back from Boca. How was that? How are you personally? How's everything going?

**John-Mark Staude** (3:35)
You know, it was great to be with Rick Bruhl. He's a large shareholder of Riverside and our spin-out companies and it's going very well. It was also really active down there. There was a lot of attendees, a lot of people, also people online and many people came, had listened to your interviews or seen your interviews, was doing due diligence and that was a real honor to have had that.
Also, we really appreciated to be working on what we had the news release about this morning, about the Ravena, getting that financing closed, having good support by our shareholders, and really looking forward to this next steps for Riverside. It's been going well.