Greenridge Exploration Pronounces KorrAI Know-how Program at its Nut Lake Uranium Undertaking

VANCOUVER, British Columbia, July 04, 2024 (GLOBE NEWSWIRE) — Greenridge Exploration Inc. (“Greenridge” or the “Firm”) (CSE: GXP | FRA: HW3), is happy to announce its KorrAI Know-how Program (the “Program”) on the Nut Lake Undertaking (the “Nut Lake Undertaking” or the “Undertaking”) positioned within the Thelon Basin in Nunavut.

Russell Starr, Chief Govt Officer of the Firm, commented, “We look ahead to integrating KorrAI’s revolutionary hyper-spectral imaging expertise into our exploration program. KorrAI’s imaging information will immediately inform our 2024 exploration program by pinpointing high-priority outcrops and different areas of curiosity. This method will cut back prices and improve this system’s effectivity as we transfer ahead.”

The Firm will leverage KorrAI’s superior earth commentary expertise in figuring out mineralized outcrops throughout the Undertaking. KorrAI will execute its Program within the coming weeks to help the Firm’s 2024 summer time exploration actions. KorrAI’s proprietary applied sciences and processes fuse a wide range of datasets and combine identified mineralized analogues and different inside firm information to establish high-priority areas of curiosity. The expertise will intention to permit the Firm to be extra environment friendly in probably discovering mineralized outcrops by leveraging revolutionary methods throughout all the Undertaking.

The Firm will make the most of KorrAI’s exploration information administration resolution for its Nut Lake Undertaking and can be supplied with geospatial information merchandise derived utilizing proprietary algorithms together with:

• Outcrop mapping utilizing synthetic intelligence to detect and digitize outcrop options;
• Radon Stress Evaluation which is able to present the Firm with potential uranium targets below until cowl;
• Iron oxide signatures over mapped outcrops;
• Integration of present geological and discipline sampling information for the institution of a baseline AL/ML prospectivity mannequin; and
• Definition of exploration targets for discipline sampling and mannequin validation.

About KorrAi Applied sciences

KorrAI is an trade pioneer in offering distant monitoring options aimed toward lowering operational danger. By leveraging satellite tv for pc and geological information alongside superior AI applied sciences, KorrAI detects and analyzes options and modifications in Earth methods. Their system employs a strong and quantitative method, successfully mitigating dangers related to exploration tasks.

References

¹Source: 1978 Evaluation report (quantity 81075) by Pan Ocean Oil Ltd.

About Greenridge Exploration Inc.

Greenridge Exploration Inc. (CSE: GXP | FRA: HW3) is a mineral exploration firm devoted to creating shareholder worth by the acquisition, exploration, and improvement of important mineral tasks in North America. The Carpenter Lake Uranium Undertaking is positioned within the Athabasca Basin consisting of seven mineral claims overlaying 13,387 hectares throughout the Cable Bay Shear Zone and the Firm is advancing the Undertaking to check a number of excessive precedence targets. The Firm’s Nut Lake Uranium Undertaking positioned within the Thelon Basin consists of historic drilling which intersected as much as 9ft of 0.69% U₃O₈ together with 4.90% U₃O₈ over 1ft from 8ft depth.¹ Moreover, the Firm’s Weyman Copper Undertaking in southeast British Columbia sits on the south portion of the well-known Quesnel Terrance. The Firm is led by an skilled administration workforce and board of administrators with vital experience in capital elevating and advancing mining tasks.

On Behalf of the Board of Administrators

Russell Starr
Chief Govt Officer, Director
Phone: +1 (778) 897-3388
Electronic mail: [email protected]

Disclaimer for Ahead-Trying Data

This information launch incorporates sure forward-looking statements inside the that means of relevant securities legal guidelines. All statements that aren’t historic info, together with with out limitation, statements concerning future estimates, plans, packages, forecasts, projections, goals, assumptions, expectations or beliefs of future efficiency, together with statements concerning the undertaking acquisition bringing a low-risk alternative, the Firm, constructing a powerful battery metals portfolio with low-risk alternatives that positively impression the Firm and its shareholders and the Firm offering an preliminary work plan are “forward-looking statements”. Ahead-looking statements on this information launch embrace, however are usually not restricted to, statements with respect to the Undertaking and its mineralization potential; the Firm’s goals, targets, or future plans with respect to the Undertaking; statements with respect to the Program by KorrAI; anticipated advantages of utilizing the Program and the Firm’s partnership with KorrAI; and the Firm’s anticipated exploration program on the Undertaking. These forward-looking statements mirror the expectations or beliefs of administration of the Firm primarily based on info at present obtainable to it. Ahead-looking statements are topic to quite a few dangers and uncertainties, together with these detailed now and again in filings made by the Firm with securities regulatory authorities, which can trigger precise outcomes to vary materially from these mentioned within the forward-looking statements. These components ought to be thought of rigorously, and readers are cautioned to not place undue reliance on such forward-looking statements. The forward-looking statements and knowledge contained on this information launch are made as of the date hereof and the Firm undertakes no obligation to replace publicly or revise any forward-looking statements or info, whether or not due to new info, future occasions or in any other case, except so required by relevant securities legal guidelines.

The Canadian Securities Alternate (CSE) doesn’t settle for accountability for the adequacy or accuracy of this launch.