Green River Gold Corp. announced the receipt of assay results for drill holes WK2306, WK2307 and WK2308 from MSA Labs, Langley, B.C. 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. Since late in the calendar year 2021, the Company has drilled 50 holes at various locations spanning almost 10 kilometers of the total 14kilometre length of the Deep Purple magnetic anomaly.

All of the drill holes show XRF results indicating significant nickel, magnesium, cobalt and chromium beginning at the surface of the bedrock and continuing to depth. Assay results received for the 8 holes drilled in 2023 confirm the presence of mineralization starting at the surface of the bedrock. The Company reported the assay results from WK2306, WK2307 and WK2308.

Comparing the results with the previously reported results for 2023, the assay results are quite similar. The nickel, magnesium, cobalt and chromium concentrations are also consistent with the 42 holes drilled in late 2021 and throughout 2022. The drillers encountered bedrock from surface in drill hole WK2306.

They encountered 1.52 meters of glacial till before reaching bedrock in drill hole WK2307 and 7.62 meters of glacial till in drill hole WK23 08. The glacial till is the typical type of sediment found in other parts of the Cariboo region. Many of the previous drill holes were drilled from rocky outcrops and encountered no glacial till.

These three drill holes encountered nickel, magnesium, cobalt, and chromium in the first meter of bedrock, as did the previous 47 drill holes. Metallurgical testing on core recovered from Zone 1 was performed by Base Metallurgical Laboratories Ltd. located in Kamloops, British Columbia in 2022. The results of the analysis revealed that the core sample contains 0.16% nickel and 0.44% sulphur.

Additionally, based on weight percentages, the mineral composition is determined to be 50.7% talc, 27.1% dolomite, and 12.8% serpentine. The QEMSCAN BMA analysis was utilized to determine the mineral content and nickel distribution. The analysis indicates that the main sulphide minerals present are pyrite (23.8%), pyrrhotite (33.8%), pentlandite (39.0%), and chalcopyrite (1.90%).

Furthermore, the nickel distribution reveals that 97.8% of the nickel composites are found in pentlandite, while 2.15% is present in pyrrhotite. Pentlandite was observed as the primary nickel mineral. Typically, nickel in the form of pentlandite can be effectively recovered using gravity and/or flotation methods.

The current phase of drilling is a continuation of the 2022 drill program in Zones 1 and 2 and will comprise approximately 700 meters in 9 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 concentrations commencing at the surface. The drill holes from 2022 were drilled along two large rock 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 second stage of this year's drill program will also include 20 planned NQ diamond drill holes involving a 6,000meter program to test at depths down to 300 meters and expand on the 14kilometre strike length 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. Program details will be announced as they are finalized.