August 20, 2024 9:25 AM EDT | Source: Green River Gold Corp.
News Release Highlights:
- Additional mining equipment has been added to more than double the throughput
- Plans are being made to expand production further in the future and to add additional placer mining operations to provide additional cash flow to the Company
Edmonton, Alberta–(Newsfile Corp. – August 20, 2024) – Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the “Company” or “Green River”) has made significant progress since the start of mining operations in June 2024, achieving notable results that have prompted strategic decisions to enhance production capabilities.
About Green River Gold Corp.’s Mining Plan
In response to the positive outcomes achieved so far, Green River Gold Corp. has invested in a second trommel and additional support equipment for the placer mining operation. This strategic move is expected to more than double production capacity for the rest of the current mining season, aligning with the Company’s commitment to sustainable and efficient resource extraction.
By expanding their operations, Green River Gold Corp. is not only aiming to increase production but also to pave the way for future growth and exploration through the addition of multiple mining locations in upcoming seasons. This diversification strategy is essential for optimizing resource utilization, managing risks, and driving sustained growth and cash flow.
Insight into Mining Operations
Green River Gold Corp.’s decision to double its production capacity showcases their proactive approach to scaling up operations and achieving corporate objectives. Additionally, the Company’s plans to explore and mine multiple locations in the next season indicate a commitment to long-term success and expansion within the mining sector, positioning them as a resilient player in the industry.
The Wabi placer mining claims on the Swift River in British Columbia play a crucial role in providing immediate cash flow to Green River Gold Corp. as they continue to focus on exploring longer-term mineral growth projects, including critical minerals and precious metals. The Company’s strong growth platforms in projects like the Quesnel Nickel Critical Minerals Project and the Fontaine Gold and Kymar Silver Projects further enhance its position in the market.
Green River’s unique relationship with Gold Rush Supplies Inc. enables them to efficiently mine the placer claims, utilizing the expertise of their Qualified Person, Stephen P. Kocsis (P.Geo), who has extensive experience in placer gold mining operations.
“We are pleased with the progress we have made since the start of our operations, and the results we are seeing reflect the hard work and dedication of our team,” said Perry Little, President and CEO of Green River Gold Corp. “Our strategic decisions to expand production and explore multiple locations set us on a path for continuous growth. The success of our ongoing projects, alongside the operating cash flow from placer mining, highlights our commitment to sustainable resource development and innovation.”
Qualified Person:
Stephen P. Kocsis (P.Geo) 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 forward-thinking mining company dedicated to sustainable resource development and innovation in mineral exploration. With a strategic focus on high-potential mining projects, the Company aims to deliver long-term value for its stakeholders.
Green River Gold Corp. operates in renowned mining districts in British Columbia, with projects including the Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project. The Company’s commitment to exploration and responsible mining practices solidifies its position in the industry.
Additional information about Green River Gold Corp. can be found on SEDAR at www.sedarplus.ca.
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
August 20, 2024 9:25 AM EDT | Source: Green River Gold Corp.
News Release Highlights:
- Additional mining equipment has been added to more than double the throughput
- Plans are being made to expand production further in the future and to add additional placer mining operations to provide additional cash flow to the Company
Edmonton, Alberta–(Newsfile Corp. – August 20, 2024) – Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the “Company” or “Green River”) has made significant progress since the start of mining operations in June 2024, achieving notable results that have prompted strategic decisions to enhance production capabilities.
About Green River Gold Corp.’s Mining Plan
In response to the positive outcomes achieved so far, Green River Gold Corp. has invested in a second trommel and additional support equipment for the placer mining operation. This strategic move is expected to more than double production capacity for the rest of the current mining season, aligning with the Company’s commitment to sustainable and efficient resource extraction.
By expanding their operations, Green River Gold Corp. is not only aiming to increase production but also to pave the way for future growth and exploration through the addition of multiple mining locations in upcoming seasons. This diversification strategy is essential for optimizing resource utilization, managing risks, and driving sustained growth and cash flow.
Insight into Mining Operations
Green River Gold Corp.’s decision to double its production capacity showcases their proactive approach to scaling up operations and achieving corporate objectives. Additionally, the Company’s plans to explore and mine multiple locations in the next season indicate a commitment to long-term success and expansion within the mining sector, positioning them as a resilient player in the industry.
The Wabi placer mining claims on the Swift River in British Columbia play a crucial role in providing immediate cash flow to Green River Gold Corp. as they continue to focus on exploring longer-term mineral growth projects, including critical minerals and precious metals. The Company’s strong growth platforms in projects like the Quesnel Nickel Critical Minerals Project and the Fontaine Gold and Kymar Silver Projects further enhance its position in the market.
Green River’s unique relationship with Gold Rush Supplies Inc. enables them to efficiently mine the placer claims, utilizing the expertise of their Qualified Person, Stephen P. Kocsis (P.Geo), who has extensive experience in placer gold mining operations.
“We are pleased with the progress we have made since the start of our operations, and the results we are seeing reflect the hard work and dedication of our team,” said Perry Little, President and CEO of Green River Gold Corp. “Our strategic decisions to expand production and explore multiple locations set us on a path for continuous growth. The success of our ongoing projects, alongside the operating cash flow from placer mining, highlights our commitment to sustainable resource development and innovation.”
Qualified Person:
Stephen P. Kocsis (P.Geo) 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 forward-thinking mining company dedicated to sustainable resource development and innovation in mineral exploration. With a strategic focus on high-potential mining projects, the Company aims to deliver long-term value for its stakeholders.
Green River Gold Corp. operates in renowned mining districts in British Columbia, with projects including the Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project. The Company’s commitment to exploration and responsible mining practices solidifies its position in the industry.
Additional information about Green River Gold Corp. can be found on SEDAR at www.sedarplus.ca.
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
