On August 20, 2024, Green River Gold Corp. announced that they have expanded their mining operations by adding additional equipment to increase their throughput capacity and enhance production capabilities. This strategic move is a part of the company’s commitment to maximizing resource extraction while maintaining sustainable practices.
The company has added a second trommel and additional support equipment to their placer mining operation, which is expected to more than double production capacity for the current mining season. In addition to this expansion, Green River Gold Corp. is planning to further expand production in the future and add additional placer mining operations to generate additional cash flow.
Located in Edmonton, Alberta, Green River Gold Corp. has been steadily advancing since the start of their mining operations in June 2024, achieving promising results that have led to decisions aimed at boosting their production capabilities. The company is also laying the groundwork to broaden its mining operations to multiple locations in future seasons to optimize resource utilization, mitigate risks, and drive further growth and cash flow.
The Wabi placer mining claims, which are located on the Swift River approximately 45 minutes from the company’s field headquarters in Quesnel, British Columbia, are intended to provide immediate cash flow while they continue to explore longer-term mineral growth projects. Green River Gold Corp. holds six contiguous placer mining claims totaling 255.94 hectares straddling the Swift River and has plans to explore critical minerals and precious metals in the region.
The company’s Qualified Person, Stephen P. Kocsis (P.Geo), who has decades of experience in placer gold mining, has approved the technical information in the news release. Green River Gold Corp. is focused on sustainable resource development and innovation in the mineral exploration sector, with high-potential mining projects in renowned mining districts in British Columbia.
For further information about Green River Gold Corp., please refer to their profile on SEDAR. Please note that this release may contain forward-looking information and the company assumes no obligation to update or revise such information. The securities of the company have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.
The Canadian Securities Exchange has not approved or disapproved the contents of this press release. For the original source version of this press release, please visit the company’s profile on Newsfile Corp. Source: Green River Gold Corp.
