Cross River Ventures Corp. announced that the winter 2022 drill program has been completed at the Company's 12,000-hectare McVicar Gold Project, located in northwestern Ontario, Canada. The Company's maiden diamond drill campaign on the McVicar property completed with a total of 3468.5 meters of core over 14 holes. The program lasted from late February to late March 2022. Drilling was focussed on two target areas including eight holes (2281.5 meters) in the newly discovered and previously undrilled Bear Head Trend, and six holes (1187 meters) in the Altered Zone, designed to follow-up significant gold mineralization discovered by previous operators. The program staged from McVicar Camp, a temporary winter camp built along the seasonal Cat Lake - Pickle Lake Winter Road, approximately 150 km east of Red Lake, and 80 km west of Pickle Lake. The helicopter-supported program deployed two diamond drills operated by Major Drilling, employed local contractors and partners, and was completed in a safe and efficient manner. The original planned 5000 meters was cut short due to seasonal access challenges along the
winter road, however the completed drilling provided a thorough initial test of both target areas. The Company anticipates receiving assay results over the next 4-6 weeks, and will report once received, reviewed, and verified by the Company's Qualified Person. The 2022 drill program focused on two of several target areas on the large property: The Bear Head Trend: a newly discovered +700-meter long gold trend, where 2021 surface sampling returned assay values up to 19.75 grams-per-tonne gold over coincident LiDAR and magnetic features. The Altered Zone: where historic drilling has intersected open-ended, shallow depth, shallowly-plunging gold mineralization with limited drill testing, including 6.46 g/t Au over 10.09 m including 29.86 g/t Au over 1.86 metersi Maps for drill hole locations and drill hole traces are shown for the Bear Head Zone and the Altered Zone.