Riverside Resources : and Carlyle Commodities Report 24.2 Meters of 1.51 gt Gold at the Cecilia Project, Mexico

Vancouver - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) ('Riverside' or the 'Company'), is pleased to release its first batch of drill results from the Cecilia Project, Sonora Mexico.

The program consisted of a total of seven (7) drill holes, out of which results have been received for five (5) holes so far as reported below. Anomalous gold mineralization was intersected in all five drill holes, with the best intercept being 24.2 m of 1.51 g/t Au starting from only 2.30 m downhole at the North Breccia Target (CED21-005). A further 8.9 m of 0.64 g/t Au intercept was cut near end-of-hole starting from only 40.35 m. Assays remain pending for another slightly deeper drill-hole at the North Breccia Target. This first phase drill campaign included mostly shallow drill-holes, which successfully demonstrate a well-developed hydrothermal system near surface, with significant room to extend mineralization both laterally and to greater depths with subsequent drilling.

Riverside is acting as operator on the project as part of the option agreement with Carlyle Commodities. Riverside completed field work and geophysics in 2020 that helped refine targets in advance of this initial drill campaign, and the Company looks forward to additional assay results in the coming weeks and follow up drill plans will be determined once all results have been received and interpreted.

Riverside's President and CEO, John-Mark Staude: 'We are very pleased with this first batch of samples. The results show continuity of mineralization at shallow depths and further drilling is certainly warranted to extend known near-surface mineralization at North Breccia and test at greater depth at San Jose where the first ever 4-holes all encountered gold mineralization and point to strong potential at slightly greater depths. Cecilia is target-rich, with 10 defined target areas providing excellent discovery potential beyond these initial targets that were tested during this first phase of drilling. We look forward to receiving the next batch of results which will give us insight and potentially vector us toward a larger volume deeper into the system.'

The first drill program from Riverside and Carlyle was focused on targeting the hydrothermal system identified at two principal elevations: 2,200 m and 1,900 m, respectively corresponding to the San Jose Target and the North Breccia Target. By doing so, Riverside's team was able to test the continuity of the mineralized structures at shallow depth.

The San Jose Target was originally identified from a historical working that included extensive tunnels up to 80 m deep and stopes, for which the extent is not known. Previous sampling taken from the stope wall during 2020, returned high grades up to 48 g/t Au in a sawcut channel sample over 0.75 m. Results from drilling show a wide interval of lower grade enveloping high-grade pods at shallow depths. The drilling at San Jose finds extensive and intensive silicification which appears to be the upper zones of low sulfidation epithermal fluids which could be the upper distal outflows from potentially gold rich veins below. This type of alteration is found in other epithermal centers in Sonora, Mexico and the results so far are favorable for this target.

Drill core shows the mineralized zone identified in the drill holes is primarily concentrated within fault zones and is associated with moderate to intense silicification. The fault system extends to depth and so far, appears to become a lot wider which is also reflected in the grade thicknesses. The San Jose target was never drilled prior to this program. Drilling so far suggests the structures are widening at depth and warrant additional drilling.

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 71M 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:

John-Mark Staude

Tel: [phone]

Fax: [phone]

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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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