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Bullboard - Stock Discussion Forum Cross River Ventures Corp C.CRVC

Alternate Symbol(s):  C.CRVC.W | CSRVF

Cross River Ventures Corp. is a Canada-based gold exploration company focused on the development of exploration properties. The principal business of the Company is the identification, evaluation, exploration and acquisition of mineral properties. The Company’s projects include McVicar Gold Project, Shabu Lake Property, Maskootch Property and Manitou Project. McVicar Gold Project is located... see more

CSE:CRVC - Post Discussion

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Post by SkywalkerofLuke on Jun 17, 2022 2:50pm

Recent News

$CRVC.c $CSRVF announced yesterday results from the Bear Head Zone maiden drill program at the McVicar Project.


Highlights


- Discovery drill hole BH-02 intersected 0.5m of 41.1 g/t gold with visible gold in core

- Maiden 8-hole diamond drill program tested a new gold trend with surface samples grading up to 19.75 g/t Au

- All 8 holes intercepted anomalous gold mineralization greater than 0.25 g/t Au



CEO mentioned they are just waiting for drill results from the Altered Zone which are expected to come in the next couple weeks.


https://www.newsfilecorp.com/release/127988

Comment by Bigoil2113 on Jun 17, 2022 3:33pm
Lousy narrow vein results. High grade is nice but .5m ? What a joke. They ran out of money that's the real reason they stopped drilling. The results so far is garbage. Costs way too much to mine those narrow veins. So far, from what I see, this will go down to .01/.02 cents if the next news release is the same or worse result. Good luck. I will wait for that low price and come in. CRVC will ...more  
Comment by PunkRocky on Jun 18, 2022 1:00am
Altered Zone should prove to have better results as they are using past historical drilling data from that area and testing a few new zones there as well. As for raising money, the CEO made it quite clear in past videos, if you want to drill, you need capital.... without captial you're not going to explore what you have in the ground. If the drills score big, we score big... investors will ...more  
Comment by Bigoil2113 on Jul 21, 2022 7:58am
Not to be a downer but with us hitting zero gold, narrow veins and gold price going to 1100$ we are doomed.  There is no capital to drill, no news release that we want to drill. There is no way we can raise money in this environment. Since no gold, lousy gold price and near immpossible conditions to raise money, I imagine this stock is done.  Our only option is to shut this operation ...more  
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