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Grizzly Announces Results of Exploration on Its Robocop Cobalt-Copper-Silver Property, BC and Issues Options
Edmonton, Alberta--(Newsfile Corp. - November 1, 2018) -   Grizzly Discoveries Inc. (TSX...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Announces Results of Exploration on Its Robocop Cobalt-Copper-Silver Property, BC and Issues OptionsEdmonton, Alberta--(Newsfile Corp. - November 1, 2018) -  Grizzly Discoveries Inc. (TSXV: GZD) (OTCQB: GZDIF) (FSE: G6H) (\"Grizzly\" or the \"Company\") is pleased to announce that it has received results from its reconnaissance mapping and sampling program at the Robocop Cobalt-Copper-Silver (Co-Cu-Ag) project near Roosville in Southeast British Columbia. The field crew, provided by APEX Geoscience Ltd., conducted a two week surface exploration program in advance of a planned follow-up airborne geophysical survey.The Robocop claims comprise 9,891 acres and are located in Southeast B.C., approximately 45 kilometres (km) south of Fernie and 70 km southeast of Cranbrook, immediately north of the Canada-USA border. The property is located east of Grizzly's Greenwood Property in Southeast B.C.The Company also announces that on October 31, 2018 Board of Directors authorized the issuance of an aggregate 800,000 options to two directors and a consultant of Grizzly at an exercise price of $0.10 per option under the Company's stock option plan.HIGHLIGHTS FOR THE 2018 ROBOCOP PROPERTY WORK PROGRAMCu-Co mineralization has been identified and sampled 3.8 km to the northwest (Miller Creek) and 3.2 km south (Phillips Creek South) of the main Robocop showings, demonstrating lateral continuity of anomalous Cu-Co mineralization within the Sheppard formation sediments. Miller Creek showings yielded up to 1.41% Cu, 0.62% Cu and 0.015% Co from three separate grab samples from sulphide bearing Sheppard Formation sandstones.Phillips Creek South returned up to 0.09% Cu and 0.01% Co in limited rock grab sampling from an area with no history of anomalous Cu-Co mineralization.Sampling the main Robocop showings confirmed previous anomalous results with grab samples returning up to 1.46% Cu and 0.036% Co in two separate samples in the area of the historic trenching and drilling.The Company has obtained a quote and is intending to fly a helicopter airborne geophysical survey over the claim package as soon as funding is obtained.GEOLOGY AND PRIOR EXPLORATION HIGHLIGHTS FOR THE ROBOCOP PROPERTYThe Project is comprised of 9,891 acres in 5 mineral claims that are all road accessible, just off Provincial Highway 93 in southeast B.C. Initial surface t...