Green River Gold Corp. announced assay results from the alteration zone from drill hole WK-23-01 and preliminary XRF scanning results of drill hole WK-23-02. The drilling results are from the Company's 100%-owned Quesnel Nickel Project, located 40 kilometers east by road from Quesnel, British Columbia, in the prolific Cariboo Mining District in South Central British Columbia, Canada.

Drill hole WK-23-01 was drilled approximately 900 meters southeast of Zone 1, between Zone 1 and Zone 2. A strong serpentinized alteration zone was intersected in this hole from 47.4 meters to 50.8 meters. The alteration zone is highlighted red along the WK-23-01 cross-section. The assay results returned from the MSA lab in Langley, BC indicates the central part of the altered section (from 48.3 meters to 48.9 meters) contains 7583 grams per tonne zinc, 4350 grams per tonne lead, 5.3 grams per tonne silver, and 0.158 gram per tonne gold.

The assay results in this polymetallic vein confirms the presence of high grade silver, lead and zinc, and elevated values of gold and copper. The assay results for the rest of the drill core from hole WK-23-01 are expected to be received from the MSA lab within the next two weeks. Drill hole WK-23-01 was drilled to a depth of 120.9 meters to test the continuity of the known occurrence of nickel, cobalt, chromium and magnesium along the Deep Purple magnetic anomaly.

The drill core was delivered to the Company's facility in Quesnel and was scanned with an XRF analyzer. From the surface to 120.9 meters, the XRF scanned every 10 cm along the drill core and results averaged 0.194% nickel, 0.0157% cobalt, 0.195%, chromium and 22.47% magnesium. The XRF results for all four minerals are quite consistent with the assay and XRF results from the previous 42 holes drilled across the magnetic anomaly.

Drill hole WK-23-02 was also drilled using a Winkie drill to establish the continuity of the mineralization further along the Deep Purple magnetic anomaly. The Company completed this second drill hole (WK- 23-02) for the 2023 season, which ended at 98.6 meters. The primary host rock in both holes (WK-23-01 and 02) is an ultramafic rock (peridotite) belonging to the Slide Mountain Terrane (Crooked Amphibolite).

The drill core was delivered to the Company's facility in Quesnel and was scanned with an XRF analyzer. From surface to 98.6 meters, the XRF scanned every 10 cm along the drill core and the analytical results averaged 0.233% nickel, 0.0179% cobalt, 0.226% chromium, and 23.73% magnesium. The XRF results for all four commodities in holes WK-23-01 and 02 are consistent with the assay and XRF results from the previous 43 holes drilled along the magnetic anomaly.

The next phase of drilling will be a continuation of the 2022 drill program in Zones 1 and 2 and will comprise approximately 500 meters in 5 Winkie diamond drill holes. The 2022 Quesnel Nickel program consisted of 42 diamond drill holes, all of which encountered significant nickel, magnesium, chromium, and cobalt commencing at the surface. The drill holes from 2022 were drilled from two large outcrops known as Zone 1 and Zone 2, which rise approximately 700 feet above the surrounding ground.

The deepest hole in 2022 was drilled to a depth of 128 meters and ended in mineralization. The next drill hole WK-23-03 is presently being drilled 90 meters southeast of WK-23-01. This hole has dual purpose.

The Company hopes to continue to establish the continuity of the nickel occurrence along the Deep Purple magnetic anomaly, while also attempting to connect with the potential extension of the semi-massive sulphides in the polymetallic vein intersected in drill hole WK-23-01. The second stage of this year's program will also include 20 planned NQ diamond drill holes involving a 6,000-meter program to test at depths down to 300 meters and expand on the 14-kilometer strike around and between Zone 1 and Zone 2. The 2023 program also includes plans for exploration groundwork on its newly expanded Fontaine Gold Project, which will include bedrock mapping, soil and rock sampling, and a geophysical program.