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    CCR   CA39328D1042

GREEN RIVER GOLD CORP.

(CCR)
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Green River Gold Corp. Announces Airborne Survey Reveals Magnetic Anomalies at the Fontaine Lode Gold Project

08/31/2021 | 12:19pm EDT

Green River Gold Corp. announced that PKMB Consultants has completed further processing and interpretations of the airborne magnetic survey data, announced on June 1st, 2021 (the "Survey"), over the Company's 100% owned Fontaine Lode Gold and Quesnel Nickel properties in Central British Columbia (the "Properties"). The survey has outlined distinctive magnetic features that will assist the exploration targeting in the upcoming programs. The Survey identified magnetic high anomalies in the Slide Mountain Terrane Ultramafic Complex and distinctive fault contact boundaries, which are prospective for hydrothermal systems and mineral occurrences. The survey also identified magnetic anomalies in the Barkerville Terrane, which will be investigated by a bedrock mapping and sampling program. The company's Cariboo hard rock projects, the Quesnel Nickel Project and the Fontaine Lode Gold Project, are located in Central British Columbia, approximately 50 kilometres East of the City of Quesnel. Both properties are easily accessible from the well maintained 1300 (Swift River) Forest Service Road which is currently undergoing a major realignment and upgrades. The properties are located approximately 20 kilometres along the 1300 Forest Service Road which runs directly off the paved Barkerville Highway (Highway 26). Quesnel is home to an airport with daily flights to Vancouver and Edmonton, a Railway and Highway 97. Green River's neighbour to the North, Osisko Development Corp. has proposed a high voltage power line to service their Cariboo Gold Project. The proposed line would run within 15 kilometres of the Quesnel Nickel Project. Quesnel and the surrounding area are home to a skilled workforce in close proximity to projects which greatly reduces the Company's cost of exploration. Green River's shop and retail facility in Quesnel and full-time employees provide added efficiency in staging exploration activities.


© S&P Capital IQ 2021
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Financials
Sales 2020 0,29 M 0,23 M 0,23 M
Net income 2020 -0,40 M -0,32 M -0,32 M
Net Debt 2020 0,34 M 0,27 M 0,27 M
P/E ratio 2020 -5,70x
Yield 2020 -
Capitalization 3,42 M 2,77 M 2,77 M
EV / Sales 2019 448x
EV / Sales 2020 12,0x
Nbr of Employees -
Free-Float 49,8%
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Managers and Directors
Pearson John Little President, Chief Executive Officer & Director
Shawn Stockdale Chief Financial Officer, Secretary & Director
Ricky James Watters Independent Director
David Upright Independent Director
Vernon Kibblewhite Director
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