Hand picked projects in the world’s best place to find economic gold deposits

Developing Top-Tier McVicar Gold Project in A Premier Mining Location

Sponsored
Cross River Ventures Profile

Why Cross River Ventures

(CSE: CRVC ) ( OTCQB: CSRVF)

 Cross River Ventures is a gold exploration company focused on the development of top tier exploration properties in premier mining districts. The Company controls a multiple project portfolio in NW Ontario exploring for gold.

Cross River Ventures Highlights: 

  • Early stage capital structure (IPO in 2020)
  • World class technical team led by Dr. Rob Carpenter, former CEO of Kaminak
  • 7 Projects (over 28,000-hectares) within the prolific greenstone belts of NW Ontario, Canada
  • Host the most productive gold deposits in the world
  • Targeting Gold in prospective trends known to host economic deposits
  • Flagship McVicar Property situated close to 5m Oz Springpole Deposit
    • 2 mineralized trends, parallel to one another
    • new surface discoveries of Au mineralization at McVicar Project
    • numerous >500 g/t Au samples
    • drill permits for the property have been issued for the multiple target areas
  • District Scale Land package of 122 square KM
  • Modern Geophysics delineating high priority targets

Flagship Highlights: McVicar Gold Project

  • High potential for gold discoveries
  • Newly identified  “Altered Zone”  a high-grade gold target
  • New “Bear Head Trend” open in all directions
    • approximately 700m long
    • 550m south of and parallel to the Chellow Vein
  • Chellow Vein: High Grade Grab Samples Up to 19.75 g/t AU from stripped outcrops
    • Highest gold grades discovered to-date
  • LIDAR Survey completed

McVicar Gold Project

A  district-scale (~12,000 hectares) gold exploration project that covers the main structural elements of the entire Lang Lake greenstone belt located in the Patricia Mining Division, approximately 150 km east of Red Lake, and 80 km west of Pickle Lake, in NW Ontario, Canada.

The McVicar project covers all the major fertile structural and geologic elements of the belt, which is bound to the south by the major NW trending Bear Head Fault zone (within which Golden Patricia is situated).

Historic drilling at McVicar Lake in the Altered and North Flexure Zones include:

  • 6.46 “g/t” gold over 10.09m (including 33 g/t over 1.86m)
  • 5.5 g/t Au over 3.6m
  • 11.72 g/t Au over 1.52m
  • 5.0 g/t Au over 2.74m
  • 9.3 g/t Au over 2.02m, among others (Wildcat 2011)

The McVicar Lake claims host:

 Chellow Vein Zone:

  •  highest gold grades discovered to-date
  •  trench assays of 578.1 g/t Au, 533.5 g/t Au, and 412.5 g/t Au
  •  high grade gold vein system at surface,
  •  has not been systematically tested

In the early 1990’s, BHP Minerals Canada cut a series of 34 channel samples at approximately two meter intervals along the length of the vein exposed in trenches.  The average value of the 34 samples was 28.8 g/t Au. 

Three samples returned assays of:

  • 578.1 g/t Au
  • 533.5 g/t Au
  • 412.5 g/t Au

 Bear Head Trend

  •  550m south and parallel to the Chellow Vein

 Altered and North Flexure Zones:

  • several potential structural splay zones suggest opportunities for new discoveries
  • Drilled by previous operators
  • Multiple high grade intersections

 Results include:

  • 6.46 g/t Au over 10.09m (including 29.86 g/t over 1.86m)
  • 5.5 g/t Au over 3.6m
  • 11.72 g/t Au over 1.52m
  • 33 g/t Au over 1.86m
  • 5.0 g/t Au over 2.74m
  • 9.3 g/t Au over 2.02m

Mcvicar Gold Project Sampling Overview