Business
Grizzly Provides Progress Update for the 2020 Greenwood Exploration Project, British Columbia, Canada
Edmonton, Alberta--(Newsfile Corp. - September 1, 2020) - Grizzly Discoveries Inc. (TSXV: GZD)...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Provides Progress Update for the 2020 Greenwood Exploration Project, British Columbia, CanadaEdmonton, Alberta--(Newsfile Corp. - September 1, 2020) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to provide an update to its 2020 exploration strategy, including drilling at its Ket 28 high grade gold discovery. Grizzly is one of the largest mineral claim holders in the Greenwood district of Southern BC and has numerous exploration targets. A team of technical personnel, management and directors completed a site visit to the Company's Greenwood project this last week. The site visit included a tour of leased camp facilities located just east of Rock Creek, BC, only a few kilometres from Ket 28, Dayton and Motherlode, that can accommodate 14 workers, and houses a fully equipped core shack and core splitting facility, with adjacent core storage.Ket 28 team visit To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4488/62890_fig1rotated.jpgKet 28 drill siteTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4488/62890_fig2rotatedAs final preparation for phase 1 drilling at Ket 28, Grizzly has engaged technical experts who are completing archeological and wildlife studies in concordance with British Columbia legislation, As well, Grizzly is obtaining request for Proposal (RFP) quotes from at least seven regional drilling contractors for September mobilization. Grizzly is finalizing drill collar locations and is undertaking consultation with local landowners, First Nations groups and government officials in preparation for drilling. Studies are also being completed for Dayton and Motherlode in preparation for phase 2 exploration. Grizzly is planning a 15 to 20 hole drill program of up to 2,500 metres that will target the mineralized zone in the central portion of the Ket 28 prospect, expanding the currently defined gold zone, with the intention of developing a maiden mineral resource estimate. The initial Ket 28 drill program is expected to cost approximately $350,000 to $500,000 and will be the focus of the upcoming 2020 phase 1 exploration program. Historic Drilling at the The Ket 28 prospect, located within the Rock Creek claim group of the Greenwood Project, has intersected hig...