Greenridge Exploration Announces 2025 Exploration Plans for the Blackbird Project in Northern Saskatchewan
Greenridge Exploration (GXPLF) has announced its 2025 exploration plans for the Blackbird Project in northern Saskatchewan, Canada. The company will conduct a helicopter-borne time domain electromagnetic (TDEM) survey followed by prospecting and mapping activities. The Blackbird Property is located approximately 70 km north of LaRonge, Saskatchewan, in an emerging metallogenic district near the historic Rottenstone Mine.
The announcement follows recent significant discoveries in the region, including Ramp Metals' high-grade gold discovery at their Rottenstone SW project, which yielded 73.55 g/t gold over 7.5 metres, and subsequent massive sulphides intersections with copper and zinc mineralization. CEO Russell Starr emphasized the area's high prospectivity and the company's plans to leverage modern exploration tools in this underexplored district.
Greenridge Exploration (GXPLF) ha annunciato i suoi piani di esplorazione per il 2025 relativi al Progetto Blackbird nel nord del Saskatchewan, Canada. L'azienda eseguirà un'indagine elettromagnetica a dominio temporale (TDEM) trasportata da elicottero, seguita da attività di prospezione e mappatura. La proprietà Blackbird si trova a circa 70 km a nord di LaRonge, Saskatchewan, in un distretto metallogenico emergente vicino alla storica miniera Rottenstone.
L'annuncio arriva dopo recenti scoperte significative nella regione, tra cui la scoperta di oro ad alta concentrazione di Ramp Metals nel loro progetto Rottenstone SW, che ha prodotto 73,55 g/t di oro su 7,5 metri, e successivi ritrovamenti di solfuri massicci con mineralizzazione di rame e zinco. Il CEO Russell Starr ha sottolineato l'elevato potenziale dell'area e i piani dell'azienda di sfruttare strumenti di esplorazione moderni in questo distretto ancora poco esplorato.
Greenridge Exploration (GXPLF) ha anunciado sus planes de exploración para 2025 en el Proyecto Blackbird en el norte de Saskatchewan, Canadá. La compañía llevará a cabo una encuesta electromagnética de dominio temporal (TDEM) desde helicóptero, seguida de actividades de prospección y mapeo. La propiedad Blackbird está ubicada aproximadamente a 70 km al norte de LaRonge, Saskatchewan, en un distrito metalogenético emergente cerca de la histórica mina Rottenstone.
El anuncio sigue a descubrimientos recientes significativos en la región, incluyendo el hallazgo de oro de alta ley de Ramp Metals en su proyecto Rottenstone SW, que arrojó 73.55 g/t de oro sobre 7.5 metros, y posteriores intersecciones de sulfuros masivos con mineralización de cobre y zinc. El CEO Russell Starr destacó la alta prospectividad del área y los planes de la compañía para aprovechar herramientas modernas de exploración en este distrito poco explorado.
Greenridge Exploration (GXPLF)는 캐나다 사스카추완 북부에 위치한 Blackbird 프로젝트에 대한 2025년 탐사 계획을 발표했습니다. 회사는 헬리콥터를 이용한 시간 영역 전자기(TDEM) 조사와 그에 따른 탐사 및 지도 작성 활동을 진행할 예정입니다. Blackbird 부동산은 사스카추완의 LaRonge에서 북쪽으로 약 70km 떨어진 신흥 광맥 지구인 역사적인 Rottenstone 광산 인근에 위치해 있습니다.
이번 발표는 최근 이 지역에서의 중요한 발견 이후 이루어졌으며, Ramp Metals가 Rottenstone SW 프로젝트에서 고품위 금을 발견하여 7.5미터 구간에서 73.55g/t 금을 확인했고, 이후 구리와 아연 광물이 포함된 대규모 황화물 교차점도 발견되었습니다. CEO 러셀 스타는 이 지역의 높은 탐사 가능성을 강조하며, 미개척 지역인 이 지구에서 현대 탐사 도구를 활용할 계획임을 밝혔습니다.
Greenridge Exploration (GXPLF) a annoncé ses plans d'exploration pour 2025 concernant le projet Blackbird dans le nord de la Saskatchewan, Canada. La société réalisera une enquête électromagnétique à domaine temporel (TDEM) par hélicoptère, suivie d'activités de prospection et de cartographie. La propriété Blackbird est située à environ 70 km au nord de LaRonge, Saskatchewan, dans un district métallogénique émergent près de l'ancienne mine de Rottenstone.
Cette annonce fait suite à des découvertes récentes importantes dans la région, notamment la découverte d'or à haute teneur de Ramp Metals sur leur projet Rottenstone SW, qui a révélé 73,55 g/t d'or sur 7,5 mètres, ainsi que des intersections de sulfures massifs avec une minéralisation en cuivre et zinc. Le PDG Russell Starr a souligné le fort potentiel de la zone et les projets de la société d'utiliser des outils d'exploration modernes dans ce district encore peu exploré.
Greenridge Exploration (GXPLF) hat seine Explorationspläne für 2025 für das Blackbird-Projekt im Norden von Saskatchewan, Kanada, bekannt gegeben. Das Unternehmen wird eine zeitlich gesteuerte elektromagnetische (TDEM) Hubschrauberbefliegung durchführen, gefolgt von Prospektions- und Kartierungsaktivitäten. Das Blackbird-Grundstück befindet sich etwa 70 km nördlich von LaRonge, Saskatchewan, in einem aufstrebenden metallogenetischen Bezirk in der Nähe der historischen Rottenstone-Mine.
Die Ankündigung folgt auf kürzliche bedeutende Entdeckungen in der Region, darunter die hochgradige Goldentdeckung von Ramp Metals bei ihrem Rottenstone SW-Projekt, das 73,55 g/t Gold über 7,5 Meter ergab, sowie anschließende massive Sulfidabschnitte mit Kupfer- und Zinkmineralisierung. CEO Russell Starr betonte die hohe Perspektive der Gegend und die Pläne des Unternehmens, moderne Explorationstechnologien in diesem bisher wenig erforschten Bezirk einzusetzen.
- Property is located in an emerging metallogenic district with recent high-grade gold discoveries nearby
- Adjacent property (Ramp Metals) reported significant findings: 73.55 g/t gold over 7.5 meters
- Strategic location near historic Rottenstone Mine, which previously produced nickel, copper, gold and platinum group metals
- Exploration is still in early stages with no confirmed mineralization
- Results from planned TDEM survey and exploration program are uncertain
- Actual exploration work has not yet begun
VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce its exploration plans for a helicopter-borne time domain electromagnetic (“TDEM”) survey and follow-up prospecting and mapping (the “Program”) at the Blackbird Project (the “Blackbird Property”, or the “Project”) located in northern Saskatchewan, Canada. The Blackbird Property is situated in an underexplored area of Saskatchewan that has recently gained recognition following new discoveries of gold and critical metals mineralization in drilling programs.
The Blackbird Property lies approximately 70 kilometres (47 miles) north of LaRonge, Saskatchewan in a newly-emerging metallogenic district south of the historic Rottenstone Mine, which produced nickel, copper, gold and platinum group metals from 1965 to 1969.1 In June 2024, Ramp Metals Inc. (“Ramp Metals”) reported a high-grade gold discovery at their Rottenstone SW project in drill hole Ranger-1, which intersected 73.55 grams/tonne (“g/t”) gold over 7.5 metres from 227.0 to 234.5 metres (Please see Figure 1).2 In late April 2025, Ramp Metals reported initial results of additional drilling at the Rottenstone SW project, including details of a series of intersections of massive sulphides at the Rush target with copper and zinc mineralization identified by a hand-held XRF analyzer.3
“Greenridge is poised to carry out exploration in one of the most prospective areas in Canada,” said Russell Starr, CEO of Greenridge. “The discoveries reported by Ramp Metals can be directly attributed to the use of modern exploration tools in an underexplored district that has been passed over for decades. We look forward to carrying out an airborne survey on the Blackbird Property and using the results to guide our surface exploration in the summer and fall of 2025.”
The Company believes the Project is highly prospective for similar precious and base metal mineralization akin to that recently discovered by Ramp Metals and is currently soliciting bids to carry out an airborne TDEM survey prior to launching a geological mapping and sampling program that would provide “ground-truthing” for any anomalous areas detected by the airborne work. Engagement with local communities has commenced and exploration is anticipated to begin in the late spring or early summer of 2025.
Figure 1 – Blackbird Property Claims Location and Mineral Occurrences
About Blackbird
The Blackbird Property consists of sixteen (16) mineral claims in two claim blocks covering approximately 18,118 hectares (44,770 acres) (Please see Figure 1). The two claim blocks comprising the Project are located in the Rottenstone Domain adjacent to the La Ronge Domain, covering northeast-southwest magnetic trends that lie parallel to the magnetic setting of the Rottenstone Mine and the Ramp Metals Rottenstone SW project area.
Historical exploration in the Blackbird Property area has been sparse. There are no known drill holes on the Blackbird Property. The Project has not received airborne surveying since 1968, when the joint venture of Canadian Pacific Oil & Gas Limited and Gunnex Limited flew a regional radiometric survey for uranium exploration. No significant radioactive anomalies were detected within the 1968 survey area over what is now the southern claim block of Blackbird and as a result, the Project area did not receive any ground follow-up exploration.4
In 1974, the Geological Survey of Canada (“GSC”) carried out a regional lake sediment geochemical survey over an approximate 51,000 square kilometre area, which included the Project area. One sample from Blackbird North returned a value of 25 parts per billion gold, which placed it in the 99th percentile out of a total of 3,512 samples analyzed for gold.5
References:
1 Saskatchewan Mineral Assessment Database, Assessment File #74A07-0038R, (Fraser, I., 2000).
2 Ramp Metals Inc., News Release, June 17, 2024.
3 Ramp Metals Inc., News Release, April 29, 2025.
4 Saskatchewan Mineral Assessment Database, Assessment File #73P-0002, (Kirwan, L.D., 1968).
5 Geological Survey of Canada, Open File 1129, (Hornbrook, E.H.W., et al., 1984).
Statement of Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Sean Hillacre, P. Geo., Technical Advisor and a geological consultant to the Company and a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Hillacre has examined information regarding the historical exploration at the Blackbird Property, which includes a review of the historical sampling, analytical and procedures underlying the information and opinions contained herein.
Management cautions that historical results collected and reported by operators unrelated to Greenridge have not been verified nor confirmed by its Qualified Person; however, the historical results create a scientific basis for ongoing work at the Blackbird Property. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, or other properties located within northern Saskatchewan, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on the Blackbird Property.
About Greenridge Exploration Inc.
Greenridge Exploration Inc. (CSE: GXP | OTCQB: GXPLF | FRA: HW3) is a mineral exploration company dedicated to creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada. The Company owns or has interests in 29 projects and additional claims covering approximately 355,203 hectares with considerable exposure to potential uranium, lithium, nickel, copper and gold discoveries. The Company is led by an experienced management team and board of directors with significant expertise in capital raising and advancing mining projects.
Greenridge has one of the largest uranium property portfolios in Canada consisting of 16 projects and additional prospective claims covering approximately 221,509 hectares. The Company has opportunities to realize value in a further 13 strategic metals projects which include lithium, nickel, gold, and copper exploration properties totalling approximately 133,694 hectares. Project highlights include: Project highlights include:
- The Black Lake property, located in the NE Athabasca Basin, (
40% Greenridge,50.43% UEC,8.57% Orano) saw a 2004 discovery hole (BL-18) return0.69% U3O8 over 4.4m.1 - The Hook-Carter property (
20% Greenridge,80% Denison Mines Corp.) is strategically located in the SW Margin of the Athabasca Basin, sitting ~13km from NexGen Energy Ltd.’s Arrow deposit and ~20 km from Fission Uranium Corp.’s Triple R deposit. - The Gibbons Creek property hosts high-grade uraniferous boulders located in 2013, with grades of up to
4.28% U3O8 2, and the McKenzie Lake project saw a 2023 prospecting program return three samples which included 844 ppm U-total (0.101% U3O8), 273 ppm U-total, and 259 ppm U-total.3 - The Nut Lake property located in the Thelon Basin includes historical drilling, which intersected up to 9ft of
0.69% U3O8 including4.90% U3O8 over 1ft from 8ft depth.4 In 2024, Greenridge’s prospecting program located a float sample that returned31.13% U3O8, sourced from the Tundra Showing.5 - The Firebird Nickel property has seen two drill programs (7 holes totaling 1,339 m), where hole FN20-002 intersected 23.8 m of
0.36% Ni and0.09% Cu, including 10.6 m of0.55% Ni and0.14% Cu.6 - The Electra Nickel project 2022 drill program included results of 2,040 ppm Ni over 1m and 1,260 ppm Ni over 3.5m.7
The Company has strategic partnerships which includes properties being operated and advanced by Denison Mines Corp. and Uranium Energy Corp. The Company’s management team, board of directors, and technical team brings significant expertise in capital raising and advancing mining projects and is poised to attract new investors and raise future capital.
References:
1 – Black Lake: UEX Corporation News Release dated October 12, 2004.
2 – Gibbons Creek: Lakeland Resources Inc. News Release dated January 8, 2014.
3 – McKenzie Lake: ALX Resources Corp. New Release dated November 7, 2023.
4 – Nut Lake: 1979 Assessment Report (number 81075) by Pan Ocean Oil Ltd.
5 – Nut Lake: Greenridge Exploration Inc. News Release dated February 19, 202.
6 – Firebird Nickel: ALX Resources Corp. New Release dated April 15, 2020.
7 – Electra Nickel: ALX Resources Corp. New Release dated July 20, 2022.
On Behalf of the Board of Directors of Greenridge
Russell Starr
Chief Executive Officer, Director
Telephone: +1 (778) 897-3388
Email: info@greenridge-exploration.com
Disclaimer for Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Forward looking statements in this news release include, but are not limited to, statements respecting: completion of the Program and the anticipated results or benefits from conducting the Program at the Blackbird Property; the Company’s objectives, goals, or future plans with respect to the Project; further exploration work on the Project in the future. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/10655a2f-db3b-4896-9aeb-57f3adfade3a
FAQ
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