Green River Gold (CSE:C CR) is exploring for gold, as well as nickel, cobalt and talc, in the historically-prolific Cariboo gold district in British Columbia, Canada The company's highly prospective and potentially high-grade project feature excellent access to infrastructure, including roads, power and local talent.

The fully-owned Fontaine Lode Gold project spans 8,900 hectares and is located 12 kilometres from Barkerville which was the epicentre of the Cariboo Gold Rush in 1860. The Fontaine Lode Gold project is contiguous to Osisko's Cariboo Gold Project, which is anticipated to begin production in the latter half of 2023.

Green River Gold is led by a highly experienced management team over 60 years of combined technical experience and over 30 years of capital market experience. CEO Perry Little has an impressive 28-year-long successful career with extensive experience in financing junior resource companies and trading in the public markets.

Green River Gold's Company Highlights

  • Green River Gold's highly prospective and potentially high-grade projects feature excellent access to infrastructure, including roads, power and local labour talent.
  • The Fontaine Lode Gold project is a fully-owned gold project spanning 90 square kilometres with significant upside potential due to a lack of exploration.
  • The Quesnel Nickel Cobalt Talc project is an early-stage silver project that spans approximately 2,219 hectares.
  • The Kymar Silver project is a silver project spanning 1,440 hectares in Southeastern British Columbia with several past-producing mines on site.
  • The company's projects border Osisko Development Corp.'s Cariboo Gold and Omineca Mining and Metals' Wingdam Gold project.
  • Green River Gold is led by a highly experienced management team with over 60 years of combined technical experience and over 30 years of capital market experience.
CCR:CNX
Green River Gold Corp. Commences Exploration Drilling at Its High-Grade Quesnel Nickel/Cobalt/Talc Project in British Columbia

Green River Gold Corp. Commences Exploration Drilling at Its High-Grade Quesnel Nickel/Cobalt/Talc Project in British Columbia

Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the "Company" or "Green River") is pleased to announce an Initial Phased Exploration Drill Program at its wholly owned Quesnel NickelCobaltTalc Project in British Columbia, Canada.

Further to the news release of October 28, 2021, the Company is pleased to announce that is has begun drilling short holes using a backpack drill with multiple new targets identified. Core samples have been transported to the Company's facility in Quesnel to be logged and sent for assay. The talc showing outcrops at several locations on the Company's claims, making drilling a relatively simple process and allowing for drilling throughout the Winter.

The Company has contracted a drilling company to test a "modified backpack drilling technique". If successful, this technique could result in drilling up to 20 meters deep. The drilling company has arrived in Quesnel and trail cutting to access the drill targets is currently underway. A larger diamond core drill rig capable of reaching depths exceeding 100 meters has been located and will be used for deeper drilling during this Winter's drill program. The larger drill is expected to be mobilized within the next two weeks.

The Quesnel Nickel/Cobalt/Talc Project is adjacent to the Company's Fontaine Gold Project. The two projects border Osisko Development Corp.'s Cariboo Gold Project, which contains 5 million ounces of gold and is expected to go into production late in 2023.

Drilling short holes will determine the grade and quality of the talc exposures, which outcrops at multiple locations in the Project area. The Company will also drill deeper holes to determine the vertical extent of the talc mineralization. Depending on the results of the initial drilling, the Company will undertake additional drilling throughout the Winter to further determine the extent of the talc mineralization.

The area to be targeted with the drilling program is host to talc and nickel mineralization (see the Sovereign nickel showing, Minfile 093A 130). The area covered by these mineral rights was subject to an exploration program targeting the potential for a commercial talc deposit during the 1980's. The exploration resulted in the preparation of a preliminary talc mining plan in 1986.1

The drilling completed on the talc showing in the 1980's consisted of relatively shallow holes. The holes resemble what can be achieved by using the modified backpack drilling technique that the Company will employ this Winter. Follow-up drilling with a larger drill rig will be able to explore potential talc mineralization to depths exceeding 100 meters versus the shallow exploration completed in the past.

Quesnel Nickel/Cobalt/Talc Project Highlights:

There are 3 BC MINFILE occurrences as follows:

  • 093A 013 - Sovereign Creek - developed prospect containing talc and magnesite, and a co-incident nickel sulfide showing.
  • 093A 130 - Sovereign - showings containing talc and nickel sulfides. 093H 061 - R.T. - showing containing nickel, chromium, and cobalt.

Talc is a soft mineral used in a variety of industries. Talc is used in the production of plastics, ceramics, paint, paper, roofing, rubber, and for other industrial uses. The U.S. Geological Survey (USGS) indicates that total sales of talc by U.S. Producers in 2020 was about 430,000 tons valued at about US $100 million. The USGS estimates total mine production worldwide in 2020 was 5,800,000 tons with about 220,000 tons produced in Canada. To the best of the Company's knowledge, there are no talc mines in Western Canada.

In addition to acquiring more knowledge of the talc occurrences on the Property, the Company intends to drill using the larger rig to gain more knowledge of the potential for nickel and cobalt in the same general area as the talc. The Company will be concentrating on known and potential new nickel and cobalt targets with the plan to continue drilling with larger RC/DD rigs in 2022.

The recently completed UAV-MAG survey results over the Quesnel Nickel/Cobalt/Talc Project area indicates the presence of highly magnetic rocks co-incident with the interpreted surface exposure and down-dip projection of a favorable ultramafic rock assemblage. This is similar to the aeromagnetic response in the area of nickel-alloy mineralization found throughout the BC Decar District.

Kyle Townsend, Mine Manager for Green River Gold Corp., says, "I am very excited for the trial run of the modified backpack drilling technique. If successful, this technique will greatly lower our exploration costs while producing valuable results quickly. The first target we chose is twinning drill hole 86-1, drilled by Trifco Minerals in 1986. The existing records indicate favorable conditions for this drilling method. Our intent is to delineate the talc mineralization indicated by Trifco Minerals. This round of drilling is an exciting step towards obtaining the important data we need."

Perry Little, Green River Gold's President and CEO stated, "We are very pleased with the progress made within a few short weeks. We are excited to expand our exploration program at the Quesnel Nickel/Cobalt/Talc Project. In addition to finding out more about the potential for a commercial talc deposit, the focus will be on nickel and cobalt. Preliminary metallurgical work completed in 1971 has suggested the presence of nickel sulfide or nickel alloy minerals. One focus in the initial phase of exploration is to prioritize the multiple Nickel/Cobalt targets within the project area for a follow-up RC/DD drill program and to expand the areas of mineralization in 2022."

Regional Exploration Plan:

Additionally, there will be some upcoming exploration plans for the Fontaine Lode Gold Project, which is contiguous to the Quesnel Nickel/Cobalt/Talc Project and also contiguous to Osisko Development Corp.'s Cariboo Gold Project. Green River is also awaiting assay results from the recent grab sampling program completed at both the Quesnel Nickel/Cobalt/Talc Project and the Kymar Silver Project.

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, high-grade Fontaine Gold Project, Quesnel Nickel/Cobalt Project and Kymar Silver Project which are located in renowned mining districts in British Columbia. The properties straddle an 18km length of the Barkerville and Quesnel Terranes and 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 1,440 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 assumption. 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.

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Green River Gold Corp. Adopts Shareholder Rights Plan

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The Rights Plan is being adopted to ensure that, to the extent possible: (i) the shareholders of the Company and the Board have adequate time to consider and evaluate any unsolicited bid for the common shares of the Company (the "Common Shares"); (ii) the Board has adequate time to identify, develop and negotiate value-enhancing alternatives, if considered appropriate, to any such unsolicited bid; (iii) the Company's shareholders are treated fairly in connection with any take-over bid made for the Common Shares; and (iv) the Board can take steps to enhance shareholder value if an unsolicited bid is received. The Rights Plan has not been adopted in response to, or in anticipation of, any pending unsolicited bid to acquire control of the Company.

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Green River Gold Commences Exploration Drilling at Its High-Grade Nickel/Cobalt/Talc Project in BC

Green River Gold Crop. (CSE: CCR) (OTC Pink: CCRRF) ("Green River Gold") (the "Company") is pleased to announce an Initial Phased Exploration Drill Program at it's wholly-owned Quesnel NickelCobaltTalc Project in British Columbia, Canada.

This phase of exploration will be comprised of short drill holes which is adjacent to the Company's Fontaine Gold Project. The two projects border Osisko Development Corp.'s Cariboo Gold Project that contains 5 million ounces of gold and plans to go into production in 2023. The primary purpose of current exploration is to confirm the grades and the depth potential for a wider drilling program in 2022.

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K9 Provides Clarification for Analytical Data in December 2, 2021 News Release

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K9 Gold Corp. (TSXV: KNC) (OTC Pink: WDFCF) (FSE: 5GP) ("K9" or the "Company") wishes to clarify the units reported for the analytical data in a table included in the company news release dated December 2, 2021. The gold values reported in the first paragraph of the release (ppb) are correct, but were reported incorrectly in the accompanying table. The corrected table is as follows:

Sample # From (m) To (m) ppb ppm As
105122 0.0 3.0 425 >1000
105123 3.0 6.0 2138 >1000
105124 6.0 9.0 817 >1000
105125 9.0 12.0 428 >1000
105126 12.0 15.0 238 >1000

 

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Fortune Bay Announces Closing of $6,863,700 Non-Brokered Private Placement

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Outback Goldfields to Webcast Live at VirtualInvestorConferences.com December 9th

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Outback Goldfields Corp. (CSE: OZ, OTCQB: OZBKF), based in Vancouver and focused on exploring for high grade gold in the historic Victorian Goldfields of Australia today announced that Chris Donaldson CEO, will present live at VirtualInvestorConferences.com on December 9th, 2021 .

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Marvel Discovery Corp. (TSXV:MARV)(Frankfurt: O4T1)(OTCQB:MARVF); (the "Company") is pleased to announce the closing of its first tranche of the non-brokered private placement dated November 24th,2021. The first tranche consists of aggregate gross proceeds of $908,080.05

The Company has issued 5,385,385 Flow-Through units at a price of $0.13 per unit. Each unit consisting of one Flow-Through common share and one-half of one common share purchase warrant; each whole warrant ("Warrant") entitling the holder to subscribe for and purchase one non-flow-through common share ("Warrant Shares") at a price of $0.25 for a period of 24 months following the acceptance date.

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SKRR Exploration Inc. Provides Update on Drill Program and Pending Assays on the Historic Manson Bay Project

SKRR Exploration Inc. Provides Update on Drill Program and Pending Assays on the Historic Manson Bay Project

 SKRR Exploration Inc. (TSXV: SKRR) (OTC Pink: SKKRF) (FSE: B04Q) (" SKRR " or the " Company ") previously announced the completion of a 12-hole drill program on its 100-per-cent-owned Manson Bay gold project located in the Trans Hudson corridor in east-central Saskatchewan approximately 40 kilometres northwest of the historic mining centre of Flin Flon on the Manitoba border. All 12 holes intersected varying degrees of mineralization within shear and brecciation zones. The Manson Bay project consists of 13 mineral claims comprising a total of approximately 4,293 hectares.

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K9 Completes Phase I Drilling and Locates New Gold Target at Stony Lake Project

K9 Completes Phase I Drilling and Locates New Gold Target at Stony Lake Project

K9 Gold Corp. (TSXV: KNC) (OTC Pink: WDFCF) (FSE: 5GP) ("K9" or the "Company") is pleased to provide its shareholders with an update on drilling and exploration activities including recent trenching results from the Moonlight Prospect located on K9's highly prospective Stony Lake project in the Exploits Subzone Gold Belt in central Newfoundland. A total of 6865 metres of diamond drilling has been completed in 24 drill holes.

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