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GREEN RIVER GOLD CORP - CCRRF STOCK NEWS

Welcome to our dedicated page for GREEN RIVER GOLD news (Ticker: CCRRF), a resource for investors and traders seeking the latest updates and insights on GREEN RIVER GOLD stock.

Green River Gold Corp. is a Canadian mineral exploration company with a focus on its Fontaine Gold, Quesnel Nickel, and Kymar Silver projects in British Columbia. The company recently received encouraging assay results for its drilling operations at the 100%-owned Quesnel Nickel Project, revealing significant nickel, magnesium, cobalt, and chromium mineralization in bedrock. With ongoing drilling programs and metallurgical testing, Green River is poised to leverage the extensive mineralization to drive future growth and development in the Cariboo Mining District.

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Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has announced two key financial moves:

1. Launch of Convertible Debenture Offering: The company plans to raise up to CAD$900,000 through a non-brokered private placement of convertible debentures. These debentures will mature in 5 years, bear 11% annual interest, and be convertible to common shares at $0.06 per share.

2. Closure of Flow-Through Share Offering: Green River has completed its previously announced private placement, issuing 3,584,819 units at $0.055 per unit, raising CAD$197,165.05. Each unit includes one flow-through share and half a warrant exercisable at $0.08 for four years.

The company plans to use the proceeds for drilling, exploration, expanding placer mining operations, and working capital.

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Green River Gold Corp (CSE: CCR) (OTC Pink: CCRRF) has made significant progress since starting mining operations at its Wabi Placer Mining Project in late June 2024. The company has reported promising results, leading to strategic decisions to enhance production capabilities. Key developments include:

1. Doubling throughput by adding more mining equipment
2. Plans for further expansion of production in the future
3. Intention to add additional placer mining operations to increase cash flow

These initiatives demonstrate Green River Gold's commitment to growth and optimizing its mining operations, potentially leading to improved financial performance and shareholder value.

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Green River Gold Corp. has begun placer gold mining on its fully permitted Wabi claim, located on the Swift River. This marks a significant step towards the company's goal of generating self-sustaining cash flow from operations. All necessary equipment is in place and operational. The Wabi claim is fully owned by Green River Gold and is situated 45 minutes from its field headquarters in Quesnel, British Columbia. This operation aims to provide immediate cash flow, supporting the company's exploration of longer-term projects, including the Quesnel Nickel critical minerals project and the Fontaine Gold and Kymar Silver precious metals projects. Drilling on the Quesnel Nickel Project will commence soon. The Swift River project includes 1,112 hectares of placer mining claims.

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Green River Gold Corp. (CSE: CCR, OTC Pink: CCRRF) announced the final closing of its non-brokered private placement, issuing 3,940,000 units at $0.05 each, raising CAD$197,000. Each unit includes one common share and one warrant, exercisable at $0.06 for five years, with possible acceleration if the share price exceeds $0.15 for ten consecutive days. The funds are intended for exploration, working capital, and corporate purposes. Additionally, the company launched a new private placement aiming to raise up to $550,000 through the issuance of 10,000,000 flow-through shares and warrants, with proceeds directed towards exploration drilling at the Quesnel Nickel Project.

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Green River Gold Corp. announces the commencement of placer gold mining operations on its fully permitted claims on the Swift River, aiming to achieve self-sustaining cash flow. The Company leverages its private affiliate for equipment and personnel, ensuring minimal interference with ongoing exploration activities.
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Green River Gold Corp. receives approval for area-based exploration permit, surficial drill holes, bulk sampling program, and trenches at Quesnel Nickel Project.
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Green River Gold Corp. plans to undertake a non-brokered private placement to raise up to $500,000 through the sale of 10,000,000 units at a price of $0.05 per unit. Each unit will consist of one common share and one common share purchase warrant. The offering is expected to close on or before February 15, 2024.
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Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) closed a non-brokered private placement offering of FT Units and NFT Units, raising gross proceeds of CAD $640,956 and CAD $32,500, respectively. Each FT Unit consists of one flow-through common share and one-half of one common share purchase warrant, while each NFT Unit consists of one common share and one warrant. The Company paid finder's fees totaling $21,406.48. The proceeds will be used for exploration drilling and general corporate purposes.
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Green River Gold Corp. (Ticker: GRG) increases the size of its non-brokered private placement of units to up to 18,000,000 Units for gross proceeds of up to $990,000.
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Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) has completed 8 drill holes, with assay results showing 0.18% average nickel grade and over 21% average magnesium grade. The company is awaiting permits for a 6,000 meter NQ drill program to consist of 20 holes, each with a target depth of 300 meters. The Quesnel Nickel Project has shown consistent mineralization across all 50 consecutive drill holes, indicating immense upside potential.
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FAQ

What is the current stock price of GREEN RIVER GOLD (CCRRF)?

The current stock price of GREEN RIVER GOLD (CCRRF) is $0.015 as of September 27, 2024.

What is the market cap of GREEN RIVER GOLD (CCRRF)?

The market cap of GREEN RIVER GOLD (CCRRF) is approximately 6.4M.

What are the main projects of Green River Gold Corp.?

Green River Gold Corp. is primarily focused on its Fontaine Gold, Quesnel Nickel, and Kymar Silver projects located in British Columbia.

What recent developments have occurred at the Quesnel Nickel Project?

Recent assay results from drill holes at the Quesnel Nickel Project have shown significant nickel, magnesium, cobalt, and chromium mineralization starting from the surface of the bedrock.

How is Green River Gold Corp. planning to leverage its mineralization findings?

By conducting ongoing drilling programs and metallurgical testing, Green River aims to capitalize on the extensive mineralization discovered in the Cariboo Mining District.

What is the long-term vision for Green River Gold Corp.?

Green River Gold Corp. is committed to sustainable resource development and innovation in the mineral exploration sector, with a strategic goal of creating long-term value for shareholders and stakeholders.

GREEN RIVER GOLD CORP

OTC:CCRRF

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CCRRF Stock Data

6.41M
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
United States of America