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Grizzly Prepares Geophysical Survey at Its Cobalt-Copper Property in Southeastern British Columbia, Canada
Edmonton, Alberta--(Newsfile Corp. - November 20, 2020) - Grizzly Discoveries Inc. (TSXV: GZD...
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[{"type":"text","content":"Grizzly Prepares Geophysical Survey at Its Cobalt-Copper Property in Southeastern British Columbia, CanadaEdmonton, Alberta--(Newsfile Corp. - November 20, 2020) - Grizzly Discoveries Inc. (TSXV: GZD) (OTCQB: GZDIF) (FSE: G6H) (\"Grizzly\" or the \"Company\") is pleased to announce that it has engaged Geotech Ltd. to fly an approximately 400 line-km helicopter-borne VTEM™ (Versatile Time Domain Electromagnetic) and magnetic survey over its 100% owned, road accessible Robocop Property in Southeast British Columbia near the hamlets of Grasmere and Roosville. The Property has yielded significant historical cobalt (Co) and copper (Cu) results and presents an opportunity to discover battery and electrification metals as the world shifts to electric vehicles, sustainable practices and greener alternatives. The survey is slated to commence in late November and should be completed within a couple of days thereafter. The VTEM™ and magnetic surveying technique has been used with success in the Idaho Cobalt-Copper belt to successfully guide drilling of prospective targets.HIGHLIGHTS FOR THE ROBOCOP PROPERTYThe Project is comprised of 6,850 acres (2,770 ha) in five mineral claims that are all road accessible, just off Provincial Highway 93 in southeast B.C.Initial surface trenching in the late 1980's to early 1990's yielded up to 0.06% Co and 1.93% Cu over 6 metres (m) in one trench, and in a separate trench up to 0.146% Co, 1.8% Cu and 5.3 grams per tonne (g/t) Ag over 5 m in sediment-hosted mineralization within middle Proterozoic Purcell Group rocks (Thomson, 1990).A total of 15 drill holes in the area between 1990 and 2008 have yielded several intersections of near surface Co-Cu-Ag mineralization with grades of up to 0.134% Co, 1.19% Cu and 33.8 g/t Ag over 1.23 m core length in hole R-1990-5 and 0.14% Co, 0.9% Cu and 2.7 g/t Ag over 3.1 m core length in hole R-1990-6 (Thomson, 1990), along with an intersection of 0.18% Co, 0.28% Cu, 4.1 g/t Ag over 1 m core length in hole R-2008-02 (Pighin, 2009).Sediment hosted Co-Cu-Ag mineralization is similar in style, age and host rocks to mineralization at Jervois Mining Ltd.'s (Jervois) Idaho Cobalt project and Hecla's Revett Formation hosted mineralization near Troy, Montana.The VTEM survey is being conducted to search for and target conductive portions of the assemblage, both str...