Gold

cross river coffee

Cross River Ventures

District-Scale Potential in Northwest Ontario

CRVC:CNX
CSE:CRVC


Overview

Having the right team to push the development and exploration of mineral-rich assets sets a great mining company apart from the good ones. Particularly for precious metal properties, striking gold can sometimes be half the battle.

Cross River Ventures (CSE:CRVC) is a gold exploration company focused on developing high-quality exploration properties in top-tier mining districts. The company currently has a robust project portfolio in Northwest Ontario, Canada, along prolific, gold-bearing greenstone belts.

The Cross River Ventures leadership combines unparalleled expertise and technical experience across its all-star team of accomplished individuals. Dr. Rob Carpenter and Dr. Alan Wainwright, the company’s leading technical advisors, helped lead the Kaminak team to success with the multi-million-ounce discovery Coffee gold project in the Yukon.

Likewise, Cross River Ventures’ exploration manager, Lori Paslawski, has a proven history with volcanogenic massive sulfide (VMS) ore and gold districts, and she was instrumental in the target generation, delineation and expansion of Westhaven Gold (TSXV:WHN) Shovelnose gold discovery.

The company’s flagship property is the McVicar Lake gold project, which spans over 11,500 hectares in the Lang Lake Greenstone belt in Northwest Ontario. The rest of Cross River Ventures’ portfolio currently consists of the Manitou project, the Fuchsite gold project, the Tahsis copper-gold project and its four properties in the Uchi Belt, including the Dent-Jackson project.

Cross River Ventures Projects

Exploration plans for 2021 include continued compilation efforts of historical data and assessment of all projects, acquisition of remote sensing data through LIDAR imagery and airborne magnetic surveys, field work and analytical sampling. Projected drilling phases are to begin at priority projects starting at the end of the year.

Company Highlights

  • Cross River Ventures is a gold exploration company focused on developing top-tier exploration properties in Ontario and British Columbia.
  • Its flagship McVicar gold project is a dominant land position that spans the main structural elements of the entire Lang Lake Greenstone Belt in Northwestern Ontario. The project hosts high-grade gold mineralization with extensive gold discovery potential.
  • Cross River’s project portfolio also consists of several highly prospective early-stage properties along the Uchi Greenstone Belt. This collection includes the Dent-Jackson, Shabu, Maskooch and Ear Falls properties.
  • The company also operates the Dryden Area Manitou project and Fuchsite gold project in Ontario and the Tahsis copper-gold project on Vancouver Island.
  • Cross River Ventures has a stellar technical team that includes big names such as Dr. Rob Carpenter, Dr. Alan Wainwright, Lori Paslawkshi and Daniel MacNeil.

Get access to more exclusive Gold Investing Stock profiles here

Recent News

Company News

Top 10 Central Bank Gold Holdings (Updated 2022)

Global central bank gold reserves top 35,500 metric tons, roughly one-fifth of all gold ever mined. What are the top central bank gold holdings?

Global central bank gold reserves top 35,500 metric tons (MT), approximately one-fifth of all the gold ever mined. The vast majority of central bank gold holdings were acquired in the last decade, when national banks became net buyers of the yellow metal.

Central banks purchase gold for a number of reasons: to mitigate risk, to hedge against inflation and to promote economic stability. In its most recent annual survey released in June 2022, the World Gold Council (WGC) said that 61 percent of central bankers expect global gold reserves to increase over the next 12 months. Nearly three-quarters of respondents cited the precious metal’s “long-term store of value” as a guiding factor in gold purchases.

Central banks added 463 MT of gold to their vaults in 2021, signaling a significant turnaround in demand after the 255 MT decade low experienced in 2020.

Keep reading...Show less

White Gold CEO David D’Onofrio: Multimillion Hybrid Discoveries in Yukon’s Emerging White Gold District

White Gold CEO David D’Onofrio said, “We've been looking for new zones of mineralization and (want to get) the best bang for our buck as a junior explorer.”

White Gold CEO David D'Onofriowww.youtube.com

Keep reading...Show less

VIDEO — Adrian Day: Recession, Stagflation, Crash? Where We're Going, What it Means for Gold

Gold and gold stocks have done well in every stagflationary period dating back to 1960, said Adrian Day of Adrian Day Asset Management.

Adrian Day: Recession, Stagflation, Crash? Where We're Going, What it Means for Goldyoutu.be

The US Federal Reserve hiked interest rates by 75 basis points last week in its ongoing fight against inflation, amping up its efforts to tame prices and leaving market watchers wondering what's next.

Speaking just ahead of the central bank's meeting, Adrian Day, president of Adrian Day Asset Management, said usually the Fed starts out hawkish and then backs off. But this time around the opposite is happening.

This is due to various factors, but US President Joe Biden's recent meeting with Fed Chair Jerome Powell is among them — in their discussion, Biden expressed that inflation is the Fed's responsibility.

Keep reading...Show less

Dr. Georg Josef Pollert Announces an Increase in His Ownership of the Common Shares of Blue Star Gold Corp.

Dr. Georg Josef Pollert, a director of Blue Star Gold Corp. announces that, on June 23, 2022, he has acquired ownership of 3,077,000 common shares in the capital of the Company at a price of $0.65 per Share.

Dr. Georg Josef Pollert (the "Acquiror"), a director of Blue Star Gold Corp. (the "Company") announces that, on June 23, 2022, he has acquired ownership of 3,077,000 common shares in the capital of the Company ("Shares") at a price of $0.65 per Share. The Shares were issued in connection with the closing of a non-brokered private placement carried out by the Company (the "Private Placement").

Prior to the acquisition of Shares under the Private Placement, the Acquiror held 24,284,961 Shares, 200,000 Stock Options and 1,250,000 Share Purchase Warrants and the Acquiror's non-diluted shareholdings represented approximately 45.7% of the Company's issued and outstanding Shares.

Keep reading...Show less