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Grizzly Makes New Discovery and Provides Exploration Update and Future 2023 Plans for Its Greenwood, BC Precious and Battery Metals Project
Edmonton, Alberta--(Newsfile Corp. - July 31, 2023) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE:...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Makes New Discovery and Provides Exploration Update and Future 2023 Plans for Its Greenwood, BC Precious and Battery Metals ProjectEdmonton, Alberta--(Newsfile Corp. - July 31, 2023) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that crews have been mobilized to the Rock Creek camp and have commenced work at Midway, Copper Mountain and the Imperial target areas within the Greenwood Precious and Battery Metals Project.Geological and prospecting crews have commenced prospecting, geological mapping, rock and soil sampling within the Greenwood Project. The intent is to prepare these target areas for drilling later this year. 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 1).Figure 1: Exploration Targets 2023.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4488/175436_7ecbab4574189b01_002full.jpgThe geological and prospecting crew has made a new discovery of sulphide in a quartz vein zone on an extension to the Mabel Jenny structural zone in the Copper Mountain project area. Figures 2 and 3 outline a new road cut from which a rock grab sample collected in 2022 returned 7.5 grams per tonne gold (g/t Au), 54 g/t silver (Ag), 2.04% zinc (Zn) and 0.067% Cu. The new logging road cut has been dug out and cleaned up with a number of new samples collected (Figure 2). The road cut is approximately 150 m northwest of the Mabel Jenny historical workings (Figure 3). Another 2022 rock grab sample collected about 100 m further northwest yielded 1.01 g/t Au.Figure 2: New discovery of a quartz vein breccia zone with sulphide about 150 m northwest of Mabel Jenny. Click here for video clip: Quartz vein breccia zone with sulphideTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4488/175436_7ecbab4574189b01_003full.jpgA single drillhole in the area of the Mabel Jenny workings intersected a propylitic to argillic altered quartz diorite with pervasive pyrite, quartz veining and localized breccia zones. The 178 m hole returned up to 0.21 g/t Au over 42.8 m with a core of 0.4 g/t Au across 18.2 m core length, but more ...