Business
Grizzly Advances Gold-Silver-Copper Drill Targets for the Greenwood District, British Columbia, Canada
Edmonton, Alberta--(Newsfile Corp. - August 20, 2020) -  Grizzly Discoveries Inc. (TSXV:...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Advances Gold-Silver-Copper Drill Targets for the Greenwood District, British Columbia, CanadaEdmonton, Alberta--(Newsfile Corp. - August 20, 2020) -  Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that as part of its 2020 exploration strategy, including drilling at Ket 28, it intends to bring a number of other current exploration targets to a drill-ready state for additional drilling in late 2020 to early 2021. Grizzly is one of the largest mineral claim holders in the district and has numerous exploration targets, including the Evening Star, Overlander, Mt Attwood, EPU, Motherlode and the recently discovered Granby target between 2 and 10 km of the fully permitted and recently upgraded Greenwood Processing Facility.Grizzly sees numerous advantages to continuing its exploration at Ket 28 and in the Greenwood District at large including:All exploration targets are road accessible.Any discoveries of near surface mineable Au-Ag-Cu mineralization could take advantage of the presence of the Greenwood Processing Facility (owned by GoldenDawn Minerals Inc.), or the Kettle River Mill (Kinross Gold Corp.) near Republic, WA.Easy access to power and gas.Communities with a history of mining, significant infrastructure and skilled work force.Exploration and drilling permits in place at a number of prospects.The Greenwood area represents a unique opportunity and the Grizzly technical team believes it to have high exploration potential for the discovery of Au-Ag-Cu porphyry mineralization. Exploration and mining activities in the Greenwood area started in the late 19th century continuing to the present. Several notable historic mine areas including the Phoenix camp with copper-gold-silver (Cu-Au-Ag) skarn mineralization (produced over 1 million ounces (oz) of Au, over 6 million oz of Ag, and over 560 million pounds (lbs) of Cu), the Motherlode Cu-Au-Ag skarn (produced over 178 000 oz of Au, over 723 000 oz of Ag, and over 80 million lbs of Cu), and the Lexington Cu-Au-Ag porphyry deposit, currently the target for future production for Golden Dawn Minerals (Dufresne and Banas, 2013). These nearby historic mines are not owned by Grizzly but they demonstrate the potential of the region.The Greenwood district is in the Omineca belt of the Quesnel Arc of south-cen...