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Grizzly Announces that it has Acquired by Staking an Additional 6,478 Acres in a Key Area of the Greenwood, BC Precious and Battery Metals Project
Edmonton, Alberta--(Newsfile Corp. - September 7, 2023) - Grizzly Discoveries Inc. (TSXV: GZD) (...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Announces that it has Acquired by Staking an Additional 6,478 Acres in a Key Area of the Greenwood, BC Precious and Battery Metals ProjectEdmonton, Alberta--(Newsfile Corp. - September 7, 2023) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that after the Okanogan fire danger has subsided that geological crews are back at the Rock Creek camp and have re-commenced work at Midway, Copper Mountain and the Imperial target areas within the Greenwood Precious and Battery Metals Project. The Company is also pleased to announce that a large block of lands held in perpetuity for more than 30+ years by a competitor in the core of the Greenwood Project area surrounding and adjacent to the Phoenix Mine lapsed on July 31, 2023. Grizzly was able to acquire by staking close to 90 percent of the land that came open for a total of 6,478 acres highlighted in blue east of Greenwood in Figure 1.Figure 1: New Mineral Claims Acquired August 1, 2023.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4488/179894_5ab2f8bed4807825_002full.jpgGeological and prospecting crews have re-commenced prospecting, geological mapping, rock and soil sampling within the Greenwood Project area and will do an initial pass at the new mineral claim area, but will be focused on the Midway, Imperial, Copper Mountain and Sappho areas as we await drilling permits from the BC Ministry of Energy Mines and Petroleum Resources. The intent is to prepare these target areas for drilling this fall. The Company is awaiting land use permits for conducting drilling and trenching at the Midway Mine area as well as drilling at Copper Mountain, Imperial and potentially the Sappho target areas (Figure 2).Figure 2: Exploration Targets 2023.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4488/179894_5ab2f8bed4807825_003full.jpgA number of existing showings and parts or extensions to known showings have been acquired with the staking of new mineral claims including but not limited to Marshall Lake, Sylvester K, the Great Laxey, Eholt and lands adjacent to and surrounding the historical Phoenix Mine. The geological and prospecting crew has made several discoveries of sulphide, quartz vein zones and skarn on the new claims...