Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ('Riverside' or the 'Company'), has received results from the latest geophysics survey that included 3.8 line-km of Inverse Polarization (IP) in five lines across the Cerro Magallanes rhyolitic dome part of the Cecilia Project, Sonora, Mexico (the 'Project').

Ahead of drilling, Riverside has further refined and detailed drill targets with the geophysics IP survey using 50-m dipole spacing. The close spacing between dipoles helps to delineate structures and reduces the data variation ('noise') at shallow depth, allowing for better targeting in the upcoming drill program. The scheduled drilling will test various gold-bearing fault/vein structures up to 250 m depth.

Mapping of the rhyolitic dome has highlighted zones of high silicification nearby to breccia and gold-bearing structural zones. The IP data and new IP pseudo-sections define resistive anomalies (which are potentially silica zones), along the identified structures at surface for 200 meters along strike and remains open. The IP anomalies coincide with past sampling in the area of historical drilling where Cambior (1995) in drillhole 138-95-08 drilled 30.0 m at 1.41 g/t gold1.

Riverside's President and CEO, John-Mark Staude, stated: 'We are pleased to be working with partner Carlyle Commodities Corp and to be exploring the Cecilia Mineral District, and this current technical work improves the visualization of the targets. The program is going in the right direction, the site is being prepared for drilling, with completed roads and many of the drill pads already in place.'

Riverside and Carlyle Commodities are working together to progress the project to the drilling phase which will include an initial 1,500 m drill program to test high-grade gold targets at: San Jose, North Breccia and Central Targets. Surface samples at the San Jose Target previously returned 43.2 g/t Au.

Drone aeromagnetic survey, which will help with vectoring in on magnetic anomalies at depth;

Results from the next batch of channel samples covering the east-west extension between the San Jose and Central targets.

Options Grant: On October 19, 2020 the Company granted 1,330,000 incentive stock options (the 'Options') to Directors, Officers and Consultants of the Company. The Options are exercisable at $0.30 per share for a period of 5 years from the date of grant. Options granted to individuals in their capacity as a Director vest in 3 equal instalments over 18 months and Options granted to Officers and Consultants vest in 4 equal instalments over 12 months. The Options were granted pursuant to the Company's shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

About Riverside Resources Inc

Riverside is a well-funded exploration company driven by value generation and discovery. The Company has no debt and less than 68M shares outstanding with a strong portfolio of gold-silver and copper assets in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside's own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has additional properties available for option, with more information available on the Company's website at www.rivres.com.

Contact:

Tel: (778) 327-6671

Fax: (778) 327-6675

Web: www.rivres.com

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.

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