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Monday, February 6, 2023

Nw: Green River Gold drills 21.3% magnesium, 0.188% nickel over 128 metres at Quesnel project, British Columbia

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Green River Gold Corp.reported the following assay results and updated drilling results for zone 2 of the Quesnel nickel project, central British Columbia.

The company has bought assay results for hole WK-22-06 drilled to a depth of 128 metres in Zone 2 of the Deep Purple scheme. The drill hole is the deepest hole drilled on the project to this level and it ended in mineralization. The outlet used to be drilled the utilization of a conveyable Winkie drill and the drill reached its capability at 128 metres. One other 6 drill holes are deliberate for this Iciness.

Drill hole WK-22-06 averaged 128 metres of 0.188% nickel, 0.139% chromium, 0.01% cobalt and 21.3% magnesium.

Kyle Townsend, Mine Supervisor of Green River Gold, commented, “While iciness drilling poses challenges, I’m tickled to search our program advancing with superb results. Pushing our drilling program by the iciness advances the Quesnel Nickel Mission a complete year earlier than time desk as we work in direction of completing a Preliminary Financial Evaluation.”

Perry Slight, President and CEO, commented, “We’re very tickled to search the continuation and consistency of the steel grades at higher depths on Zone 2. Green River has now drilled 42 holes mixed on Zone 1 and Zone 2. The company has encountered nickel, chromium, cobalt, and magnesium starting at the ground of the bedrock in all 42 holes. Given the 14-km length of the Deep Purple magnetic anomaly and the consistency of the drill results thus some distance, we proceed to be impressed by the aptitude scale of the project.”

Zone 2 is found approximately 8 km southeast of Zone 1, which used to be drilled by Green River within the Iciness of 2021 and Spring of 2022. Both zones are intensive bedrock exposures which would be located internal the Deep Purple magnetic anomaly consisting of nickel, chromium, cobalt, magnesium, and talc mineralization. Your complete Deep Purple magnetic anomaly has a linear length of 14 km with an approximate residence of 6.63 km2. Your complete project is found within a one-hour force of Green River’s store and office within the City of Quesnel, B.C.

XRF results for basically the most up-to-date drill hole WK-22-07 returned 93.3 metres averaging 0.191% nickel and 0.133% chromium. The drill core used to be dropped at the corporate’s facility in Quesnel and used to be scanned with an XRF analyzer. Drill hole WK-22-07 used to be scanned to a depth of 93.3 metres.

Hole WK-22-03 used to be drilled vertically from the identical drill collar as hole WK-22-02. The drill core from WK-22-03 has been despatched to Inappropriate Metallurgical Laboratory in Kamloops for a scoping level metallurgical analysis intelligent hardness and grindability in conjunction with assessing the metallurgical performance of samples the utilization of mature flotation processes. This data would per chance be veteran to serve data the series of metallurgical checking out to develop a viable restoration path of.

Green River Gold is centered on its wholly owned Fontaine Gold Mission, Quesnel Nickel/Magnesium/Talc Mission, and Kymar Silver Mission all located in renowned mining districts in British Columbia.

The Fontaine and Quesnel properties straddle an 18 km length of the Barkerville and Quesnel Terranes and are contiguous to Osisko Stutter Corp.’s mineral suppose neighborhood containing a proposed mine space at its Cariboo Gold Mission.

The Kymar Silver Mission is found in southeast BC, approximately 28 km west of Invermere within the Golden Mining Division. The property is made up of two mineral tenures, totaling 1,625 hectares, along the southeast flank of Mount Catherine.

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