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Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the "Company" or "Green River") is pleased to announce that it has acquired a 100% right, title and interest in the KaLi Pegmatite Project (KaLi). The KaLi Pegmatite Project was acquired for staking costs totaling $1,859.14.
The KaLi Pegmatite Project consists of 1059.5 hectares of land (the Property) and dates back to the early 1960's when Noranda Exploration conducted the first comprehensive soil Geochem survey over an approximate 5.0 km by 1.5 km wide area. This was followed up by two other grassroots surveys conducted by Amoco in 1974 and Norseman Mining Corp. in 1980 who further duplicated the geochemistry. In 1981 Placer Development Ltd. performed geochemical and geophysical surveys near the south-western extent of the Property. With the primary focus of exploration in this area over the last 6 decades being focused on Molybdenum, the potential for Lithium Bearing Pegmatites in the area was not specifically targeted by previous exploration. Updates to Green River Gold Corp.'s website are underway, which will include the Company's proposed lithium exploration plans.
Figure 1 Tenure Boundary Ma
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Green River Gold Corp. also holds another critical mineral project in Central British Columbia. Please visit the Projects page of our website at https://www.greenrivergold.com for additional details.
Qualified Person:
Stephen P. Kocsis is the qualified person as defined by National Instrument 43-101 and he has reviewed and approved the technical information in this news release.
About Green River Gold Corp.
Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in British Columbia.
The Fontaine and Quesnel properties cover an area exceeding 200 sqare kilometers and straddle a 32 kilometer length of the Barkerville and Quesnel Terranes. They are contiguous to Osisko Development Corp.'s mineral claim group containing a proposed mine location at its Cariboo Gold Project.
The Kymar Silver Project is located in southeast BC, approximately 28 kilometers west of the town of Invermere in the Golden Mining Division. The property is made up of two mineral tenures, totaling 1,625 hectares, along the southeast flank of Mount Catherine.
For more information contact:
Green River Gold Corp.
Mr. Perry Little
President and Chief Executive Officer
perry.little@greenrivergold.ca
780-993-2193
Additional information about Green River Gold Corp. can be found by reviewing its profile on SEDAR at www.sedar.com
Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Expressions such as "anticipates", "expects", "believes", "estimates", "could", "intends", "may", "plans", "predicts", "projects", "will", "would" and other similar expressions, or the negative of these terms, are generally indicative of forward-looking information. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information.
In addition, the forward- looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain, and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.
The securities of the Company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162634
