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Green River Gold Corp. (CSE:CCR) reports additional assay results from the Quesnel Nickel Project

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CSE:CCR
06 January 2023 13:00 (EDT)

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Green River Gold (CCR) has received assay results and updated drilling results for Zone 2 of the Quesnel Nickel Project.

The company has received assay results for hole WK-22-06 drilled to a depth of 128 meters in Zone 2 of the Deep Purple target. The drill hole is the deepest hole drilled on the project to date, and it ended in mineralization. Another 6 drill holes are planned for this winter.

Table 1. Assay results

Hole NumberMeters DrilledNickel Average
%
Chromium Average %Cobalt Average
%
Magnesium Average
%
WK-22-061280.1880.1390.0121.3

Perry Little, President and CEO of Green River Gold, sat down with Daniella Atkinson to discuss the results.

“We are very pleased to see the continuation and consistency of the metal grades at greater depths on Zone 2. Green River has now drilled 42 holes combined on Zone 1 and Zone 2. The company has encountered nickel, chromium, cobalt, and magnesium beginning at the surface of the bedrock in all 42 holes. Given the fourteen-kilometre length of the Deep Purple magnetic anomaly and the consistency of the drill results thus far, we continue to be encouraged by the potential scale of the project.”

Figure 1. Zone 1 and Zone 2 in The Deep Purple Target

Figure 2. Zone 2 Drill Hole Locations

Hole WK-22-03 was drilled vertically from the same drill collar as hole WK-22-02. The drill core from WK-22-03 has been sent for a scoping level metallurgical analysis involving hardness and grindability, along with assessing the metallurgical performance of samples using conventional flotation processes. This data will be used to help guide the selection of metallurgical testing to develop a viable recovery process.

Green River Gold is a Canadian mineral exploration company focused on its wholly-owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project, which are located in British Columbia.

Green River Gold Corp. (CCR) opened trading at C$0.075.


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