Cross River Ventures Corp. CRVC.CSE
Sector: Mining, Precious metals
Focus: Gold
Cross River Ventures Corp. is a district scale, data driven explorer in the precious metals space based in Canada. CRVC’s approach creates value though the implementation of leading edge technologies resulting in an efficient, focused project development model. With a world class geology team including Rob Carpenter (formerly at Kaminak) and now 100% ownership of a greenstone belt, they are well positioned for a discovery with their drill programs scheduled for 2021.
Overview
Flagship Project: McVicar Gold Project Ontario, Canada
CRVC has assembled a world class geology team that is efficiency and data driven.
Through multiple strateigic acquisitions the company was able to consolidate an expansive now 100% owned land position in the Lang Lake Greenstone Belt.
Located approximately 150km east of Red Lake, and 80km west of Pickle Lake, in North-Western Ontario, Canada.
Historical property samples taken by BHP Canada produced:
34 samples with an average grade of 28.8 g/t Au.
Additional historical grab samples with grades as high as 578 g/t Au and 533.5 g/t Au.
With acquisitions as recent as 2021, the land package has increased to 119.5 km2 in size.
The consolidated portfolio possesses some of the best terrain in the world regarding economic gold deposits.
CRVC was able to acquire these prospective properties at a discount as modern target-mapping techniques such as LiDAR or high-res geophysics were not previously used in their analysis.
Corporate Presentation and Other Projects
2021 Exploration Plans
Q1: Continue compiling existing historical data of all acquired properties. Create a cohesive map of the land package in preparation to define priority targets.
Q2: Utilize LIDAR imagery and airborne magnetic surveys to create a digital scan of the property further identifying drill targets.
Q2: Field work, staking targets, prospecting and surface/grab sampling.
Q3: Additional sampling a; over-burden sampling of high priority targets.
Q4: Drill Programs to begin at prospective targets reaffirmed though technological scans and surveys.
Share Structure
Issued and Outstanding: 27,479,457
Warrants: 8,197,052
Stock Options: 1,586,250
Fully diluted: 37, 262,759
If you have any further questions about this company, please do not hesitate to contact us. We are more than happy to assist you with real-time, up to date information.