10:51 AM EDT, 05/05/2025 (MT Newswires) -- Greenridge Exploration ( GXPLF ) was edging up from 52 week low levels on Monday as it plans to conduct a helicopter-borne time domain electromagnetic survey as well as follow-up prospecting and mapping at the Blackbird project in Saskatchewan.

The company said it will use the results for its planned surface exploration program in the summer and fall of 2025.

A statement noted the 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.

"Greenridge is poised to carry out exploration in one of the most prospective areas in Canada," said Russell Starr, CEO. "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's share price was up 1.2% at last look to $0.435 on the CSE.

Price: 0.44, Change: +0.01, Percent Change: +1.16