Just the facts Riversgold advances Saint John exploration in Canada [Video]

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Riversgold Ltd (ASX:RGL).

Riversgold is advancing exploration at the Saint John copper, gold, silver and antimony project in New Brunswick, Canada.

The company has secured drilling approvals for the Little Lepreau Prospect and is conducting on-ground fieldwork supported by a high-resolution magnetic survey.

The survey has delineated multiple low magnetic response areas similar to known mineralisation identified at a roadside quarry.

Rock chip sampling at the quarry has confirmed a high-grade mineralised system, with notable results including 17% copper, 10% antimony and 42 g/t silver.

These findings highlight the potential for broader mineralisation across the project’s 101-square-kilometre tenement.

Riversgold’s exploration strategy includes a mobile magnetotellurics (MT) drone survey and continued rock chip sampling to refine drill targets.

The Saint John Project, benefiting from New Brunswick’s efficient approval process and infrastructure, is a key focus for the company. Maiden drilling is planned …