Greenridge Exploration Completes 2024 Exploration Program at Its Wyman Copper Project

July 15, 2024 – Vancouver, BC / IRW-Press / Greenridge Exploration Inc. (“Greenridge”) Or that “The Company”) (CSE: GXP | FSE: HW3) The Company is pleased to announce that it has completed its 2024 exploration program (“program“) In his project and faith (“”project“or that”Franchise area) in southeastern British Columbia, Canada. The Project covers approximately 6,925 acres and consists of seven (7) mineral claims mapped in the southern portion of the Quesnel Terrane in British Columbia.

The program has completed a comprehensive mineral ion soil survey and 1:5000 scale geological mapping of the property (see press release dated May 7, 2024). All soil samples have been successfully dried and sent to the laboratory for analysis. Results of the current soil testing will be available once laboratory analysis of the soil samples is completed; results are expected to be available in the coming weeks.

Russell Starr, CEO of the company, said: “The detailed mapping of the Wyman Project and the soil survey results will greatly enhance our technical knowledge of the project. We look forward to reviewing the soil survey results as they will guide future exploration programs.

The program focused on the western portion of the property, where a high-angle thrust – the Weyman Thrust – is accompanied by a strong airborne magnetic low and a cluster of copper soil anomalies identified in 2021.

Recent geological maps show that the hydrothermal system is exposed on the western side of the magnetic depression. The hydrothermal system covers the surface over an area of ​​more than 2 km.2 (1.22 sq mi). It produced an exposed alteration zone at the top of the Wild Horse Batholith. Potash, prograde, and retrograde alteration are pronounced within the alteration zone. As expected, the intensity of alteration is less pronounced toward the edges of the alteration zone. This alteration is typical of the mineralization of copper, molybdenum, silver, and gold deposits in the Quesnel and Stikine terrains of British Columbia. The central portion of the alteration zone is surrounded by a ring of several local soil copper anomalies from the 2021 soil survey.

The rocks in the alteration zone are fine-grained andesites and basalts deposited in water from the Nikola Belt, overlain by the Wild Horse Batholith, which has a granodiorite and dioritic composition. The contaminated upper contact of the intrusion is exposed at the surface throughout the alteration zone. The silicification has hardened the local rocks and made them resistant to weathering and erosion by glacial ice. As a result, there are many rock outcrops in this area, making mapping the alteration zone relatively easy.

The current soil survey was conducted in areas adjacent to the newly designated change zone, primarily to the north and east where there are very few rock outcrops.

Notice under National Instrument 43-101

John Ostler, MSc, P. Geo, (EGBC License No. 18415) is an Independent Qualified Person as defined in National Instrument 43-101 – Disclosure Standards for Mineral ProjectsMr. Ostler has reviewed and approved the technical content of this press release.

reference

1 source: 1978 Evaluation Report (No. 81075) for Pan Ocean Oil Ltd.

About Greenridge Exploration Inc.

Greenridge Exploration Inc. (CSE: GXP | FSE: HW3) is a mineral exploration company committed to creating value for its shareholders through the acquisition, exploration and development of key mineral projects in North America. The Carpenter Lake uranium project covers 7 mineral claims covering 13,387 hectares within the Cable Bay Shear Area in the Athabasca Basin, and the company is committed to testing several priority targets to advance the project. The company’s Nut Lake uranium project in the Thelon Basin has been the subject of historic drilling that returned up to 9 feet of 0.69% uranium3HeyVIII Cross-linked, including 4.90% U3HeyVIII More than 1 foot deep at 8 feet1.

The Company’s Wyman copper project is located in southeastern British Columbia in the southern part of the famed Quesnel region. The Company is led by an experienced management team and Board of Directors with significant experience in raising capital and expanding mining projects. The Snook and Ring Lake uranium projects, covering 4,899 hectares and 20,782 hectares respectively, are located in western Ontario and both contain multiple historical uranium deposits.

To the Board of Directors

Russell Starr

CEO, Director

Phone: +1 (778) 897-3388

e-mail: [email protected]

Disclaimer of Forward-Looking Information

This press release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including, without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs regarding future performance, including statements regarding the potential for reduced risk of the Company’s business. The acquisition of the Project, the Company’s creation of a strong portfolio of battery minerals with reduced risk opportunities that will positively impact the Company and its shareholders, and the Company’s submission of a preliminary business plan are “forward-looking statements.” Forward-looking statements in this press release include, without limitation, statements regarding the Project and its mineralization potential; the Company’s future objectives, goals or plans regarding the expected results of the Program; further exploration work on the Property in the future; and reflect the expectations or beliefs of the Company’s management based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those set forth from time to time in the Company's filings with securities regulatory authorities, which could cause actual results to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

The Canadian Securities Exchange (CSE) assumes no responsibility for the adequacy or accuracy of this press release.

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