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Green River Gold (CSE:CCR) provides update on the 2022 exploration program at its Quesnel Project

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CSE:CCR
05 August 2022 13:00 (EDT)

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Green River Gold (CCR) has updated progress on the 2022 exploration program at its Quesnel Nickel/Magnesium/Talc Project.

The project is located in the prolific Cariboo Mining District of British Columbia.

Perry Little, President and CEO of Green River Gold Corp., sat down with Sabrina Cuthbert to discuss the results.

“We are pleased to have achieved the highest XRF nickel readings to date at new locations on the property and at distances up to 1,800 meters from the discovery holes. The nickel grades in excess of 0.2 per cent are almost double the XRF results that we encountered in the original discovery holes and over 30 per cent higher than previous assays. This is only one outcropping from a magnetic anomaly that runs for over 14 kilometers in length. We are encouraged by what we are seeing thus far.”

The maiden 2021 exploration drill program consisted of 9 shallow holes collared over exposed ultramafic rocks. These discovery holes returned broad intervals of Nickel and Magnesium mineralization.

The company has increased its previously announced non-brokered private placement. The company will issue up to 7,000,000 flow-through common shares for gross proceeds of up to $525,000. The upsized offering is expected to close on or about August 15, 2022.

Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly-owned high-grade Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project, located in renowned mining districts in British Columbia.

Green River Gold Corp. (CCR) opened trading at $0.07 per share.


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