Cross River Ventures Corp. (CSE: CRVC) (FSE: C6R) (the 'Company') is pleased to announce upcoming work programs the Manitou Gold Project, located in NW Ontario, Canada, and the addition of Thomas Clarke in the role of Vice President, Exploration.

The Manitou property ('Manitou' or the 'Property') is located approximately 50 kilometers south of the town of Dryden and 350 kilometers west of Thunder Bay, Ontario. The Property is road accessible and is prospective for precious metals and base metals. Manitou is comprised of 33 contiguous mining claims totaling approximately 6,577 hectares. The claims are 100 percent controlled by the Company through a series of option agreements. Of most interest to the Company is a series of historical mines and showings on Manitou.

The Ontario Mineral Database records 16 gold occurrences within the land position, most of which contain shear-hosted gold and sulfide mineralization. Several of the occurrences were mined and variable amounts of ore was historically extracted from small-scale workings. Numerous high-grade gold samples have been collected, including a 78.1 g/t Au grab sample from the Bird Island occurrence (MDI 152F07NW00008).

The Company has completed significant exploration work to date. Cross River recently completed a property wide very-high resolution helicopter-borne magnetic survey in late 2022. The magnetic survey totaled 1632-line kilometers with a 50-meter line spacing. The magnetic survey was then followed up a Lidar survey to enhance the structural detail of the magnetic survey. The Company awaits data from the Lidar survey at this time. Once received, the magnetic and Lidar data can be interpreted to focus proposed upcoming exploration work on Manitou. Cross River anticipates completing a work program on Manitou this summer season.

Manitou is situated in the Western Wabigoon Geological Subprovince. The bedrock geology of the Property is composed of a series of mafic to intermediate volcanic rocks. Gold has been observed within quartz veins, shear zones and zones rich in sulfide minerals in the Manitou Lakes area. Mineralization is observed within sheared, silicified and carbonatized volcanic rocks. Gold-bearing quartz veins are commonly controlled by northeast-trending shear zones. Almost all of the gold deposits in the Manitou Lakes area are controlled by shear and fracture zones which appear to be regionally related to movement along the Manitou Straits Fault.

The Wabigoon belt contains numerous gold showings, historical mines, and newer discoveries such as New Gold's Rainy River Mine (2.5M oz), and Agnico Eagle's Hammond Reef deposit (3.3M oz).

Thomas Clarke Named Vice President, Exploration

About Cross River Ventures Corp.

Cross River is a gold exploration company focused on the development of top tier exploration properties located in emerging Greenstone Districts of NW Ontario, Canada. The Company controls over 20,000-ha within a multiple project portfolio containing highly prospective ground in and among prolific, gold bearing greenstone belts. Cross River's common shares trade in Canada under the symbol 'CRVC' on the CSE, and in the US under the symbol 'CSRVF' on the OTCQB.

Contact:

Tel: 604-227-6610

Email: aklenman@crossriverventures.com

Cautionary Note Regarding Forward-Looking Information

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the Canadian Securities Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

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