Agoracom Blog

Green River Gold $CCR Reports 45th Consecutive Hole with Nickel Magnesium, Cobalt, and Chromium from Bedrock Surface Spanning 10 KMs

Posted by Brittany McNabb at 4:20 PM on Monday, July 24th, 2023

If you hit .300 in baseball Hall Of Fame

If you shot 50% basketball You’re an icon

If you go 45-45 in drilling You’re Green River Gold

As Gold soars past $2,000 and the electric vehicle revolution propels demand for battery metals, the resource industry is undergoing a significant transformation. With EVs projected to reach a staggering $7 trillion market by 2030, small-cap resource companies are thriving.

However, this success presents investors with a challenging decision: Should they focus on the allure of Gold or seize the opportunities in the burgeoning battery metals sector?

Green River Gold is a small cap resources company that offers investors both thanks to assembling a powerhouse set of projects in BC that include: 

  1. Quesnel Nickel/Magnesium/Talc Project 
  2. Fontaine Gold Project 
  3. Kymar Silver Project 
  4. KaLi Lithium Pegmatite Project 

What they have in common is being in some of British Columbia’s most highly prospective mining districts.

Green River has been operating in a strategic mode, diligently gathering resources, and conducting drilling activities. 

All 45 Nickel Holes Hit

One standout project is the Quesnel Nickel Project, where Green River Gold has successfully hit on all 45 holes drilled to date. This exceptional achievement highlights the project’s immense potential. As more holes are being drilled, the momentum continues to build. 

Green River Gold’s Quesnel Nickel Project features the Deep Purple magnetic anomaly, stretching approximately 14 linear km and covering around 6.6 sq km, indicating significant mineral potential. They are currently on their 46th consecutive hole, consistently encountering nickel, magnesium, cobalt, and chromium from the surface bedrock. The drilling spans about 9 km of the 14 km anomaly, with more exploration potential at the far North-West & South-East ends. 

Confirms presence of nickel, magnesium, cobalt, and chromium over 10KMs

Mine Manager Kyle Townsend says it best “We continue to demonstrate the size and consistency of the nickel showing at the Quesnel Nickel Project, with our 45th consecutive drill hole intersecting mineralization from the bedrock surface. These results confirm the presence of nickel, magnesium, cobalt, and chromium over approximately 10 kilometers, further highlighting the significant potential of this project.”

Results have shown consistency from top to bottom in each hole, although the deepest hole reached is only 129 meters, leaving the full depth potential unknown. Green River Gold is focusing efforts on Zone 1, which hosts a valuable surface talc deposit. They aim to complete enough drilling for a 43-101 resource estimate on Zone 1 by early 2024.

Now, sit back, relax, and watch the interview with Perry Little to learn more about Green River Gold’s strategic positioning in multiple mining districts and their exploration efforts across a range of commodities. Green River Gold ($CCR) offers investors diversified exposure to the mining sector and the chance to be part of an exciting journey. 

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