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Grizzly Provides Exploration Plans for 2020 at the Active Greenwood District, BC
Edmonton, Alberta--(Newsfile Corp. - June 10, 2020) - Grizzly Discoveries Inc. (TSXV: GZD) (F...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Provides Exploration Plans for 2020 at the Active Greenwood District, BCEdmonton, Alberta--(Newsfile Corp. - June 10, 2020) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that, as part of it 2020 exploration strategy including drilling at Ket 28, it intends to bring a number of other current exploration targets to a drill ready state for additional drilling in late 2020 through early 2021 on its Greenwood Project in southeastern British Columbia. A number of companies including GGX Gold Corp. (GGX), Ximen Mining Corp. (XIM), Belmont Resources Inc. (BEA) and Golden Dawn Minerals Inc. (GOM) have announced planned exploration including drilling in and around the historic Greenwood mining camp. The district has historically produced in excess 7 million gold ounces. Grizzly is one of the largest land holders in the district and has numerous exploration targets within the boundaries of its 150,000+ acres of Greenwood claims, including the Evening Star, Overlander, Mt. Attwood, EPU, Motherlode and the recently discovered Granby target, situated between 2 and 10 km of GOM's fully permitted and recently upgraded Greenwood Processing Facility (See attached Figure).Grizzly sees numerous advantages to continuing its exploration at the Ket 28 prospect and throughout the Greenwood district at large including:All exploration targets are road accessible;Any discoveries of near-surface mineable Au-Ag-Cu mineralization could take advantage of the presence of the Greenwood Processing Facility, or even the Kettle River Mill near Republic, WA;Easy access to power and gas;Communities with a history of mining, significant infrastructure and skilled work force;Excellent partnership with local first nations including the Osoyoos Indian Band (OIB), and;Exploration and drilling permits in place at a number of Grizzly targets.At present, the Company does not see a significant impact to its 2020 planned exploration programs in southern British Columbia, as exploration can be easily conducted from summer through December, 2020, and can be operated within the guidelines recommended by the Chief Inspector of Mines for British Columbia with respect to the COVID-19 pandemic and the operation of mines and exploration programs.Brian Testo, CEO commented, \"The well-being of our team,...