Cross River Ventures (CSE:CRVC) CEO Alex Klenman is decided to pursue drilling on the McVicar property after a yr of knowledge compilation.
“The McVicar mission is our flagship,” Klenman mentioned. “It is obtained dimension, it is obtained quite a few showings, it is obtained a small copper deposit on the property as effectively. However at somewhat over 12,000 hectares, it is district scale. The bottom that we have acquired for McVicar sews up all the structural elements of that belt, so we like our odds.”
The 12,000 hectare McVicar gold mission covers a big portion of the Lang Lake Greenstone Belt within the Uchi sub-province of the Superior Province in Northwest Ontario, Canada. In response to a press launch, the gold deposits on this a part of Ontario are hosted in Archean greenstone belts, rocks that include among the world’s nice gold mines and far of the worldwide gold endowment.
Cross River Ventures additionally just lately introduced that drill camp development is underway at McVicar, situated at kilometer 120 alongside the Cat Lake Winter Street; it is going to assist a deliberate 5,000 meter diamond drill program scheduled to start out in mid-February 2022.
“We all know there’s gold on the mission, we simply do not know the way a lot and the way widespread. The primary drill program hopefully will level us the place we’re focusing on particular areas. The Bear Head fault zone, which was our discovery, is a few 700 meter strike. It is open in all instructions. These would be the first drills to go down alongside this pattern. And somewhat north of that we’ve got one other part that may even have drills put down, however there’s been restricted drilling over there. And the numbers are good,” Klenman mentioned.
“We have carried out knowledge compilation, we have carried out boots on the bottom. Actually, McVicar will probably be pursued vigorously over the course of 2022.”
Watch the complete interview of Cross River Ventures CEO Alex Klenman above.
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