Agoracom Blog

VIDEO: Green River Gold CCR Hits 50th Consecutive Hole With Nickel, Magnesium, Cobalt, and Chromium From Bedrock Surface

Posted by Brittany McNabb at 11:32 AM on Tuesday, October 17th, 2023

If you hit .300 in baseball                Hall Of Fame

If you shot 50% basketball             You’re an icon

If you go 50-50 in drilling                You’re Green River Gold

The allure of Gold remains steadfast, with prices holding steady at $2,000. Simultaneously, the electric vehicle revolution is driving an unprecedented demand for battery metals, presenting an exciting opportunity.

Green River Gold a small cap resources company distinguishes itself by offering investors the best of both worlds. With an impressive portfolio of projects in British Columbia, Green River Gold is poised for substantial growth:

  1. Quesnel Nickel/Magnesium/Talc Project 
  2. Fontaine Gold Project 
  3. KaLi Lithium Pegmatite Project  
  4. Kymar Silver Project
  5. Newly acquired… Midnight Special Prospect 

These projects collectively position Green River Gold Corp. in some of British Columbia’s most highly prospective mining districts

Furthermore, the recent green light for the Cariboo Gold mine, just outside of Wells, B.C., marks a significant milestone for the region. Once operational, the mine is expected to provide sustainable employment for up to 500 individuals, stimulating the local economy.

A note from Perry on Osisko Getting the Green Light for their Gold Mine

“With their gold mine now approved, our next door neighbor, Osisko Development Corp. now has a market cap of $376 million Canadian. Our market cap is about $6 million Canadian. We are focused on our nickel potential but we originally staked the 200 square kilometers next to Osisko for the gold potential. It only cost us a few hundred thousand to stake and acquire the land beside them starting in 2019. At the time, Barkerville Gold Mines owned the property beside us. They were undercapitalized and really struggling to advance the property. When Osisko bought them, it changed everything. Instead of owning 200 square kilometers of property next to a promising gold project with no capital, we now own land next to a permitted gold mine that will be in production in 2024. In any normal mining market, that would be reflected in our share price. It will be eventually.”

All 50 Nickel Holes Successfully Hit

The Quesnel Nickel Project stands as a remarkable achievement for Green River Gold, with an impeccable record of success across all 50 drilled holes. This feat underscores the immense potential of the project, with momentum gaining strength with each subsequent drill. Spanning about 14 linear kilometers and covering roughly 6.6 square kilometers, Green River Gold’s Quesnel Nickel Project encompasses the extensive Deep Purple magnetic anomaly, signifying substantial mineral promise.

After 50th consecutive hole, they consistently uncover nickel, magnesium, cobalt, and chromium from the bedrock surface. This extensive drilling effort spans approximately 10 kilometers of the anomaly’s total 14-kilometer length, with promising exploration opportunities extending towards both the far North-West and South-East ends.

Perry Little, President and CEO of Green River comments,

“We are thrilled to see the consistency and continuity of the drill results as we continue to expand the known area of mineralization. We are able to drill throughout the Winter months because of our location, only 45 minutes from our large shop in Quesnel. Pending the receipt of permits, our drilling contractor, Gold Rush Supplies Inc. is ready to drill deeper holes so we can move toward the preparation of a 43-101 resource estimate on Zone 1 in the first half of 2024.”

More to Come for the Fontaine Gold Property 

Green River Gold Corp. is embarking on an extensive geological campaign at its Fontaine Gold Property in Central British Columbia. Encompassing more than 200 square kilometers, it straddles significant terranes, bordering mineral claim groups held by Osisko Development Corp. and Omineca Mining and Metals Ltd. The company is re-exploring the Galleon area within the Barkerville Terrane, with initial grab samples yielding promising results in lead, silver, and gold assays. Additionally, Green River Gold has broadened its portfolio by acquiring the Midnight Special Project, a 244.25-hectare expanse northwest of Lillooet. This strategic expansion underscores the company’s unwavering commitment to exploration and growth

Green River Gold undertakes a non-brokered private placement of up to 10,000,000 units to raise gross proceeds of up to $500K 

More information on their private placement can be found here:

Settle in, unwind, and tune into the interview with Perry Little for an in-depth look at Green River Gold’s strategic presence in various mining districts and their exploration ventures across diverse commodities. With Green River Gold, investors gain diversified access to the mining industry and the opportunity to learn more about an exhilarating journey.

Tags: , , , , ,

Comments are closed.