Riva Resources (RIR) Stock Price, News & Analysis

Riva Resources Limited, formerly Dragon Energy Limited, is an exploration company controlling a portfolio of tenements in Western Australia. The Company is engaged in the development of interests in exploration projects in the resource industry in Australia. It has two segments: Development assets, and Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves. Its projects include Pilbara Iron Project-Rocklea Deposits and Ashburton Project. The Pilbara Iron Project consists of the Rocklea Channel Iron Deposit (CID) in the central Pilbara Iron Ore Province of Western Australia. The Rocklea Deposit is located approximately 35 kilometers southwest of the mining town of Tom Price. The Ashbburton Project is located in the Ashburton Basin, and is approximately 10 to 40 kilometers from infrastructure associated with the Paraburdoo iron ore operations of Rio Tinto Limited.