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Grizzly Prepares Gold Drilling Program in British Columbia, Canada
Edmonton, Alberta--(Newsfile Corp. - September 29, 2020) - Grizzly Discoveries Inc. (TSXV: GZ...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Prepares Gold Drilling Program in British Columbia, CanadaEdmonton, Alberta--(Newsfile Corp. - September 29, 2020) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that it has commenced its 2,000+ metre (\"m\"), 11+ hole core drill program on the Ket 28 high-grade gold (\"Au\") property, situated on its Greenwood Property, located in an established, road accessible and historic mining district in southeastern British Columbia. This program is the first phase of drilling at Ket 28, designed to further test the currently defined Au mineralized zone, leading to the development of a maiden mineral resource estimate. The initial Ket 28 drill program is expected to cost approximately $500,000 and will be the primary focus of the 2020 phase 1 exploration program.Full Force Diamond Drilling Ltd. commenced drilling on core hole 20KT001 on September 27th, 2020. A picture of the initial drill setup is presented below. Grizzly is finalizing and preparing the remaining drill collar locations for its Phase 1 drilling program at Ket 28, with the goal, once all the assay results are received prior to the end of 2020, of providing a maiden mineral resource in the first half of 2021. Ket 28 drill siteTo view an enhanced version of this image, please visit:https://orders.newsfilecorp.com/files/4488/64815_ae608480d426faa1_002full.jpgHistoric Drilling at the Ket 28 prospect, located within the Rock Creek claim group of the Greenwood Project, has intersected high grade gold with 52.19 grams per tonne (g/t) Au over 3.35 m core length. Drilling by Grizzly in 2009 and 2010 at the Ket 28 prospect following up the historic drilling in the mid 1990`s with up to 2.77 g/t Au over 11 m core length and 8.75 g/t Au over 3 m with a higher grade zone of 11.90 g/t Au over 2 m core length.Figure #1 - Grizzly Au Drill Hole Targets To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4488/64815_ae608480d426faa1_003full.jpgBrian Testo, CEO, commented, \"Our 2020 drill program is underway, and we are looking forward to analyzing the results. This new data will advance us toward developing our initial resource estimate of gold mineralization at Ket 28, on our expansive Greenwood property. We anticipate assay results before the end of the year and we wil...