- Grizzly (GZD) commences drill testing at its British Columbia precious and battery metals projects
- The company is starting its drill testing at the copper-gold Dayton Skarn/Porphyry Prospect
- The company is currently obtaining the required permits for drilling at the Robocop Project near Grasmere, BC
- Once drilling is completed at the Dayton Target, the drill will move to the Motherlode area to test several skarn-related targets in and around the historical Motherlode Pit
- Grizzly Discoveries (GZD) is down 5.56 per cent, trading at C$0.09 at 2:05 om EST
Grizzly Discoveries (GZD) has arrived at the Greenwood Project and has commenced drilling.
Once completed, the drill will move to the Motherlode Target area to test a number of precious-base metal targets.
The company is obtaining the required drilling permits for the Robocop Project near Grasmere, BC.
The company is continuing with surface exploration in the Greenwood area while drilling progresses at the Greenwood Project and moves on to the Robocop Project.
Crews from APEX Geoscience Ltd. commenced soil and rock sampling in June and have conducted sampling at targets in the Rock Creek area, the Midway area, the Overlander-Attwood area and the Sappho area.
Additional groundwork, including sampling, is planned for the Motherlode and Copper Mountain areas.
The groundwork will comprise one or more prospecting, rock sampling, soil sampling and ground geophysical surveys.
In 2022, Grizzly’s exploration has collected around 308 soil samples in the Rock Creek area in the vicinity of the Nick nickel-cobalt prospect and in the area of the Ket 28 gold prospect.
Additional prospecting and rock sampling have been conducted at the Midway, Overlander and Sappho prospect areas.
Grizzly has collected more than 200 soil samples and 100 rock grab samples from the Sappho area during 2022.
Another 50 rock grab samples have been collected at the Midway and Overlander areas.
Grizzly has commenced drilling at Greenwood at the Dayton copper-gold-silver (Cu-Au-Ag) porphyry target near Rock Creek.
Once drilling is completed at the Dayton Target, the drill will move to the Motherlode area to test a number of skarn-related targets in and around the historical Motherlode Pit area 3 km northwest of the town of Greenwood.
Once permits are received for drilling at the Robocop Project, either a second drill rig will be engaged to complete the Robocop drilling.
The Motherlode skarn targets are comprised of Cu-Au-Ag +/- lead-zinc (Pb-Zn) in proximity to the historical Motherlode Mine, which produced significant amounts of Cu, Au and Ag.
Prior drilling by Grizzly intersected up 17.15 g/t Au, 41.7 g/t Ag, 0.56 per cent Pb and 1.51 per cent Zn over 1.5 m core length at one of the skarn targets north of the Motherlode Pit.
Brian Testo, President and CEO of Grizzly, stated, “We look forward to a successful 2022 drill program […] that will allow us to complete our planned drill programs at the Robocop Battery Metals Project and at our Greenwood Precious Metals-Battery Metals Project.”
“The geology of the Robocop and Greenwood areas has the potential to yield world-class discoveries,” added Testo.
Grizzly is a diversified Canadian mineral exploration company focused on developing its precious and base metals properties in southeastern British Columbia.
Grizzly Discoveries (GZD) is down 5.56 per cent, trading at C$0.09 at 2:05 om EST.
