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Green River Gold Commences Placer Gold Mining on the Wabi Claim Located on the Swift River
News Release Highlights: Green River Gold Corp. ("the Company") has commenced mining operations on one of its 100% owned, fully permitted claims on the Swift Ri
About this update from Green River Gold Corp
[{"type":"text","content":" News Release Highlights: Green River Gold Corp. (\"the Company\") has commenced mining operations on one of its 100% owned, fully permitted claims on the Swift River. The commencement of revenue generation from this mining operation is a major step towards the Company's goal of self-sustaining cash flow from operations. The commencement of placer gold mining is another step in the direction of the simultaneous advancement of the Company's critical minerals and precious metals properties. All equipment has arrived and is in place and operational. Edmonton, Alberta--(Newsfile Corp. - June 24, 2024) - Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the \"Company\" or \"Green River\") has commenced the placer gold mining operations on its 100% owned, fully permitted, and bonded Wabi claim on the Swift River. The Swift River claims are located approximately 45 minutes from Green River's field headquarters in Quesnel, British Columbia. The placer gold mining project is intended to provide immediate cash flow to the Company while it continues to explore its longer-term mineral growth projects with a focus on both critical minerals and precious metals. The Company has very strong growth platforms with the Quesnel Nickel critical minerals project and the Fontaine Gold and Kymar Silver precious metals projects. The next phase of drilling will commence shortly on the Quesnel Nickel Project. Unlike Green River's longer-term projects, placer gold mining can generally be permitted and operational within a short period of time. Green River believes that the timing is right to create cash flow from some of its 1,112 hectares of placer mining claims. Figure 1. Placer Mining Equipment on The Wabi Claim About Green River's Swift River Placer Mining Claims and Plans Green River holds six contiguous placer mining claims totaling 255.94 hectares straddling the Swift River, a river which has a significant history of placer mining production dating back to the Cariboo Gold Rush in the 1870's. The Company also holds placer claims on several other creeks and rivers in the Cariboo Mining District. Several of the placer properties are already permitted and bonded. The placer properties owned by Green River are shown in Figure 1 against the backdrop of the Company's 200 square kilometer Quesnel Nickel/Fontaine Gold mineral property. Figure 2. Placer P...