Cross River Ventures ( CSE:CRVC ) District Scale Gold Discovery Potential in Red Lake, Ontario

AGORACOM Small Cap CEO Interviews - Podcast autorstwa AGORACOM

Kategorie:

Cross River Ventures is focused on the development of top tier  exploration properties in the premier mining district of Red Lake  Ontario exploring for gold, and for several good reasons. The Red Lake Mining jurisdiction hosts one of the largest mineral  rich greenstone belt on the planet that has produced 200 million ounces  of gold in over 100 years of mining. This includes a total gold  endowment exceeding 300million ounces with over 124 mines and 21 plus  deposits with more than 3 million ounces each. Cross River hosts 7 Projects (over 28,000-hectares) within the  prolific greenstone belts of NW Ontario, Canada which host the most  productive gold deposits in the world. This is where Cross River is targeting gold for discovery potential. Armed with a world class technical team led by Dr. Rob Carpenter, who  was the CEO of Kaminak,     ( acquired by Goldcorp for CDN $520  million), know how to plan and execute a exploration program designed  specifically to make a discovery. Cross Rivers Flagship McVicar Property is just one of the properties  they are targeting for discovery. Situated close to the 3.8m Oz  Springpole deposit controlled by First Mining Gold Corp. ( FF.TO ) it  hosts 2 mineralized trends that are parallel to one another and include  new surface discoveries of gold, as well as previous sampling of high  grade with numerous results greater than 500g/t gold. McVicar is ready to be fully explored and drill permits for the  property have been issued for multiple target areas delineated via  modern geophysics. The recent driver of attention to the Red Lake area is the takeover  of Great Bear Resources by Kinross Gold Corp. under which Kinross has  agreed to acquire all of the outstanding common shares of the Red Lake  explorer for C$29.00 per share, approximately $1.8-billion and being  done without a resource calculation. This is primarily due to the  excellent nature of their drill results. The peer takeover speaks to the attractiveness of discovery potential  and quality of the mining jurisdiction. Cross River is in the right  neighborhood to make a discovery, at the right time in the market, and  when attention in the area has never been greater. Sit back and enjoy this great interview with Cross River Venture CEO  Alex Klenman as he walks us through their objective to make a discovery  equal to their peers in the Red Lake Mining District.

Visit the podcast's native language site