RRI Riverside Resources Inc

Riverside Resources Inc. ("Riverside" or the "Company") (TSX
VENTURE:RRI)(PINKSHEETS:RVSDF)(FRANKFURT:R99) is pleased to announce the signing
of a three year, US$1.8M strategic exploration alliance (the "Alliance") with a
wholly-owned subsidiary of Antofagasta Plc ("Antofagasta") for generative
exploration in the major copper belt of northwestern Mexico in the eastern part
of the state of Sonora. The Alliance will focus on finding and developing new
large copper deposits using Riverside's extensive technical knowledge of copper
systems and strong generative exploration team strategically based in
Hermosillo, Sonora, Mexico. 


Antofagasta will fund US$600,000 on an annual basis for three (3) years of
generative grass-roots exploration within a defined exploration area covering
eastern Sonora and parts of western Chihuahua and northern Sinaloa. The
exploration area being explored by Antofagasta and Riverside is a continuation
of the same belt that hosts more than 25 known deposits and mines north of the
border in Arizona, and is also host to one of the world's top 10 (and lowest
cash cost) copper producers in Grupo Mexico.(1) Properties that are identified
and deemed to be of interest will become Designated Properties whereby
Antofagasta will have the opportunity to earn a 65% interest by completing a
four year, US$5,000,000 work program. Once earn-in on a Designated Project (DP)
is completed, a one-time payment of US$3,000,000 will be made to Riverside and
the property will then be advanced under a joint venture agreement (65%-35%). 


The Alliance will target properties containing primarily Cu with possible minor
amounts of Au, Ag, Mo, Pb, Zn, Ni and PGM. All properties identified by
Riverside under the Alliance that are not jointly pursued will then be available
for Riverside to pursue on its own should Antofagasta decide it does not fit
their strategic interests. All decisions relating to the Alliance will be made
jointly by the Technical Committee with Antofagasta holding a tie-breaking vote
while sole funding. Unless otherwise specified, Riverside will be the designated
operator for all exploration activities of the Alliance. All property
acquisitions will be in the name of Riverside's wholly owned subsidiary and
transferred to a jointly held company once selected as a DP.


"Riverside and Antofagasta have built a strong relationship during our work
together in British Columbia, and we now look forward to applying a similar
partnership framework to our joint exploration efforts within the prolific
Laramide copper belt of northwestern Mexico, which is the continuation of the
many large copper mines in Arizona and extends southward into Sonora where this
Alliance will focus." 


-John-Mark Staude, President & CEO of Riverside Resources Inc.

Antofagasta and Riverside are already working in a generative grass roots
exploration alliance in British Columbia where drilling is again set to commence
in the second year of the BC Alliance. The Mexico Alliance with Antofagasta will
draw from the vast databases, technical experience and Riverside's exploration
team and infrastructure already in place to rapidly deliver potential Designated
Properties to Antofagasta for their evaluation for additional funding and
advancement. Further details on the Riverside-Antofagasta Mexico Alliance will
be available on the Company's website shortly. 


Key Designated Project Alliance Terms:

Projects selected as Designated Project's will have deemed ownership of 51% and
49% for Antofagasta and Riverside respectively. Antofagasta would then have to
spend a minimum of US$5,000,000 within four (4) years from the date the DP is
chosen, with minimum annual expenditures as follows:




 (i)   US$500,000 on or before the first anniversary of the Effective Date; 
                                                                            
 (ii)  an additional US$700,000 on or before the second anniversary of the  
       Effective Date (for a cumulative amount of US$1,200,000);            
                                                                            
 (iii) an additional $1,500,000 on or before the third anniversary of the   
       Effective Date (for a cumulative amount of US$2,700,000); and        
                                                                            
 (iv)  an additional US$2,300,000 on or before the fourth anniversary of the
       Effective Date (for a cumulative amount of US$5,000,000); and        



Once Antofagasta has completed the earn-in requirements, Riverside would be
entitled to receive a Success Fee of US$3,000,000 from Antofagasta within 90
days. The Designated Project would then be advanced with Antofagasta and
Riverside holding 65% and 35% interest respectively. If Riverside's interest in
a Designated Project is ever reduced to 10% or less this interest will be
converted to a 2% NSR. 


About Riverside Resources Inc.: 

Riverside is a well-funded prospect generation team of focused, proactive gold
discoverers with the breadth of knowledge to dig much deeper. The Company
currently has approximately $6,000,000 in the treasury and 37,000,000 shares
outstanding. The Company's model of growth through partnerships and exploration
looks to use the prospect generation business approach to own resources, while
partners share in de-risking projects on route to discovery. Riverside has
additional properties available for option with more information available on
the Company's website at www.rivres.com. 


About Antofagasta:

Antofagasta plc is a Chile-based copper mining group with interests in energy,
transport and water distribution. It is listed on the London Stock Exchange and
is a constituent of the FTSE 100 index. Antofagasta's mining activities are
primarily concentrated in Chile where it owns and operates four copper mines,
which in 2012 produced 709,600 tonnes of copper, 12,200 tonnes of molybdenum and
299,900 ounces of gold. Antofagasta also has mining exploration, evaluation
and/or feasibility programs in North America, Latin America, Europe, Asia,
Australia, and Africa.


ON BEHALF OF RIVERSIDE RESOURCES INC.

Dr. John-Mark Staude, President & CEO

Certain statements in this press release may be considered forward-looking
information. These statements can be identified by the use of forward looking
terminology (e.g., "expect"," estimates", "intends", "anticipates", "believes",
"plans"). Such information involves known and unknown risks -- including the
availability of funds, the results of financing and exploration activities, the
interpretation of exploration results and other geological data, or
unanticipated costs and expenses and other risks identified by Riverside in its
public securities filings that may cause actual events to differ materially from
current expectations. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release.


(1) (Basov, 2013)

FOR FURTHER INFORMATION PLEASE CONTACT: 
Riverside Resources Inc.
John-Mark Staude
President & CEO
(778) 327-6671
(778) 327-6675 (FAX)
info@rivres.com
www.rivres.com


Riverside Resources Inc.
Joness Lang
Manager, Corporate Development
(800) RIV-RES1
(778) 327-6675 (FAX)
jlang@rivres.com
www.rivres.com

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