Greenridge Exploration Highlights Successful Results of Airborne Electromagnetic and Radiometric Survey for the Flying Vee Project
Globenewswire·2025-11-06 13:00

Core Insights - Greenridge Exploration Inc. announced the results of a helicopter-borne electromagnetic and radiometric survey at the Flying Vee Project, enhancing the understanding of potential mineralization zones for critical metals and gold [1][2][11] Survey Results - The Xcite™ Survey conducted by Axiom Exploration Group covered 726 line-kilometers with 100-meter line spacings, providing high-resolution electromagnetic data [4] - The survey identified conductive zones associated with mineral showings at Nickel Lake, Reeve Lake, and Day Lake, indicating potential for sulphide mineralization [2][4] Project Overview - The Flying Vee Project encompasses five mineral claims over an area of 9,036 hectares, located approximately 25 kilometers north of Stony Rapids, Saskatchewan [5] - The project is situated within the Tantato Domain, part of the Snowbird Tectonic Zone, and hosts several known mineral showings, including Nickel Lake East and West, and Day Lake [5][11] Historical Exploration - Historical exploration at Flying Vee occurred in two main periods: 1956-1988 and 2007-2009, involving various geological methods and diamond drilling [6] - Notable historical results include a diamond drill hole from 1964 that returned 0.89% nickel and 0.32% copper over 0.79 meters [6][8] Future Exploration Goals - Greenridge aims to integrate the 2025 survey results with historical data to better define mineralized zones at Flying Vee, believing the project has potential for economic deposits of critical metals and gold [11] - The company holds an active exploration permit valid until March 31, 2028, allowing for extensive exploration activities [11]