Greenridge Exploration Inc. announced it has outlined its 2024 Work Program for its Weyman Project located in Southeastern British Columbia. The Project covers approximately 6,925 acres of land and is comprised of 7 staked mineral claims in the southern Quesnel Terrane of British Columbia. Company will be conducting a program of total metal ion soil survey and geological mapping on the Project.

The 2024 soil survey grids will be designed to fill in the unexplored area between the two 2021 Monumental Gold soil grids and to extend the area of known soil-metal concentrations to the boundaries of the Project. At present, no property-scale geological mapping has been conducted on the Project. The focus of the Program includes: Investigation of areas of known soil-metal copper, molybdenum, silver, and gold anomalies to help identify areas appropriate for subsequent exploration programs such as trenching or drilling.

Identification and mapping of structures and alteration related to the Weyman thrust. The Weyman Project is an early-stage exploration property over which mostly preliminary programs have been conducted. Those programs, aeromagnetic survey and total metal ion soil surveys, have been designed to assist in defining the existence of porphyry copper-molybdenum-silver-gold alteration and mineralization.

Once the existence of such alteration and mineralization has been verified, the process of quantification can commence. Geophysical surveys are remote in that they are investigations of one or more physical properties of the rock or regolith surveyed in the hope that those properties relate to the localization of economic mineralization. The results of the 2020 airborne magnetic survey were a record of magnetic properties of the rock and regolith surveyed across the Property.

The magnetic qualities of that material do not necessarily relate to the localization of economic quantities of mineralization. The risk is that despite good looking targets having been generated by the 2020 airborne magnetic survey, it is possible that those targets may not be indicative of economic quantities of mineralization. Total metal ion soil surveys are more direct investigations into the possibility of the presence of economic mineralization than geophysical surveys; however, they are remote in that physical samples of the regolith overlying rock potentially hosting economic mineralization are being taken and analysed.

The most important factor related to the success of a total metal ion soil survey is that the soil being sampled is relatively thin and is the result of the weathering and breakdown of the underlying rock so that the elemental concentrations in the soil relate to those in the underlying rock. Soils developed atop thick exotic material forming such surficial features as thick glacial tills, mass debris flows, and glacial drumlin fields can return total-metal, soil-sample results that are almost meaningless.