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Grizzly Completes 12 Drill-Holes and Updates Gold Drilling Progress at Its Ket 28 Property in B.C., Canada
Edmonton, Alberta--(Newsfile Corp. - October 20, 2020) - Grizzly Discoveries Inc. (TSXV: GZD)...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Completes 12 Drill-Holes and Updates Gold Drilling Progress at Its Ket 28 Property in B.C., CanadaEdmonton, Alberta--(Newsfile Corp. - October 20, 2020) - Grizzly Discoveries Inc. (TSXV: GZD) (OTCQB: GZDIF) (FSE: G6H) (\"Grizzly\" or the \"Company\") is pleased to provide the following update on its ongoing 2,000+ metre (\"m\") core drill program at its Ket 28 high-grade gold (\"Au\") Property. To date, a total of twelve (12) drill-holes have been completed, for a total of over 1,600 m. All drill-holes have intersected variable amounts of sericite-pyrite alteration with quartz veins and silicification hosted in a sedimentary schist, mafic volcanic to basalt package of rocks. Ket 28 is situated within the Greenwood Gold Project, which is in an established, road accessible and historic mining district of southeastern British Columbia. Brian Testo, CEO, Grizzly Discoveries Inc., commented, \"Our 2020 drill program is over halfway completed, and we are enthusiastic about how well the drill program is progressing while remaining on budget. The geological crew are reporting visually encouraging and significant mineralization as we expand and define this high-grade, near surface gold zone. Drilling close to our Rock Creek camp facilities provides ideal logistical support for the drill program and core processing. The assays expected by year-end from this new drill data will advance us toward developing our initial resource estimate of gold mineralization at Ket 28. Grizzly will build on these results with further exploration efforts in southern British Columbia in 2021, at both our expansive Greenwood Property, and at our neighbouring Robocop Property.\"Full Force Diamond Drilling Ltd. of Peachland, BC, commenced drilling at the Ket 28 Property on September 27, 2020. Geologists are on site and are continuing core logging and cutting at Grizzly's leased Rock Creek camp facility. The Company's exploration program is tracking on budget and remains ahead of schedule on this first phase of drilling at Ket 28. The drill program is designed to further test the currently defined high priority Au mineralized zone. Drilling is anticipated to be completed by the end of October, and assays are expected by year end. Ket 28 drill site October 2020To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/...