Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Green River Gold (CCR) has discovered more nickel and chromium at its Quesnel Nickel Project
  • The company intercepted nickel and chromium in seven additional backpack drill holes in Zone 2
  • Two drill holes outside of zones 1 and 2 encountered nickel and chromium from surface
  • Drilling continues at zones 1 and 2 with follow-up work on magnetic anomalies at Fontaine Lode planned before year-end
  • CEO Perry Little spoke with Daniella Atkinson about the new intercepts and exploration plans moving forward
  • Green River Gold is a mineral exploration company focused on precious and base metal projects in B.C.
  • Green River Gold (CCR) is unchanged, trading at $0.08 per share

Green River Gold (CCR) has discovered more nickel and chromium at its Quesnel Nickel Project.

Discoveries occurred in Zone 2 as well as two new locations at the B.C. project.

The company encountered nickel and chromium in seven additional backpack drill holes in Zone 2 (FCD-22-11 to FCD-22-17), which consists of a bedrock outcrop covering over 1.2 sq. km along the Deep Purple magnetic anomaly.

Zone 2 drill hole averages

Hole #Meters drilledNi average %Cr average %
FCD-22-015.90.2080.141
FCD-22-022.00.2030.171
FCD-22-033.00.2450.139
FCD-22-045.30.2140.165
FCD-22-055.20.1950.141
FCD-22-064.70.1910.174
FCD-22-076.00.2130.133
FCD-22-087.00.1730.125
FCD-22-094.90.1610.169
FCD-22-105.20.1850.128
FCD-22-116.00.1920.162
FCD-22-123.90.2290.199
FCD-22-132.30.1750.150
FCD-22-144.40.2100.120
FCD-22-156.00.1870.147
FCD-22-167.30.2180.166
FCD-22-174.50.2160.154
Total meters drilled83.6
XRF average grade over 17 holes0.2000.152

Two drill holes outside of zones 1 and 2 intersected nickel and chromium from surface: DD-22-11 averaged 0.223 per cent nickel and 0.119 per cent chromium over 2.5 m. DD-22-12 averaged 0.178 per cent nickel and 0.140 per cent chromium over 6.6 m.

Hole ID DD-22-11
Measurement unit AverageGrade %
Depth (m)NiCr
0 to 1.0 m0.2190.137
1.1 to 2.0 m0.2300.090
2.1 to EOH0.2170.139
Grade average0.2230.119
Hole IDDD-22-12
Measurement unitAverageGrade %
Depth (m)NiCr
0 to 1.0 m0.1700.185
1.1 to 2.0 m0.2020.146
2.1 to 3.0 m0.1440.122
3.1 to 4.0 m0.1790.130
4.1 to 5.0 m0.1970.131
5.1 to 6.0 m0.1760.120
6.1 to EOH0.1770.147
Grade average0.1780.140

Future drilling plans on zones 1 and 2

Green River began a new drilling program on October 1st. It plans to drill 10 holes on Zone 2 using a Winkie drill capable of reaching depths of 100 m. It will also drill deeper into two holes initiated on Zone 1 last Spring on top of adding an additional hole. Backpack drilling will be continuing.

Fontaine Lode Gold Project exploration plan

Last year’s UAV magnetic survey identified many anomalies in the area. Before year-end, the company will collect soil and rock samples and perform mapping work and strategic drilling to substantiate mineralization.

CEO Perry Little spoke with Daniella Atkinson about the new intercepts and exploration plans moving forward.

Green River Gold is a mineral exploration company focused on precious and base metal projects in B.C.

Green River Gold (CCR) is unchanged, trading at $0.08 per share as of 10:48 am EST.


More From The Market Herald

" @ the Bell: Unrest over COVID sanctions drags markets lower

After a few solid trading sessions, Canada’s main stock index slid back into negative territory on Monday. Tech and industrial shares moved higher.

" Basin Uranium (CSE:NCLR) completes 2022 drilling at Mann Lake

Basin Uranium (NCLR) has completed 2022 drilling at its Mann Lake project.
New Found Gold Corp. - COO, Greg Matheson.

" New Found (TSXV:NFG) intercepts bonanza gold

New Found Gold Corp. (NFG) has struck a bonanza-grade gold intercept on its Queensway Project in Newfoundland and Labrador.

" Andean Precious Metals (TSXV:APM) appoints new independent director

Andean Precious Metals (APM) announced the appointment of Yohann Bouchard to its board of directors, effective December 1, 2022.