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Grizzly Provides Project Update with Assays up to 1,810 g/t (52.8 opt) Silver from Rock Samples from the Historical Imperial Mine near Rock Creek, BC
Edmonton, Alberta--(Newsfile Corp. - February 22, 2023) - Grizzly Discoveries Inc. (TSXV: GZD) (...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Provides Project Update with Assays up to 1,810 g/t (52.8 opt) Silver from Rock Samples from the Historical Imperial Mine near Rock Creek, BCEdmonton, Alberta--(Newsfile Corp. - February 22, 2023) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that it has received assay results from rock sampling at the historical Imperial Mine approximately 5 km north of the community of Rock Creek, British Columbia (BC) within the west-central portion of the Company's Greenwood Precious - Battery Metal Project in south-central BC. The historical Imperial Mine is hosted in Late Paleozoic Anarchist volcanic and sedimentary rocks with mineralization consisting of pyrite-galena-sphalerite in quartz veins and pods associated with north and northwest trending faults related to the eastern edge of the Rock Creek Graben and the western edge of the Toroda Graben.HighlightsA total of 83 new selective rock grab and composite rock grab samples collected from a number of outcrops across the 815 hectare (2,015 acre) Imperial Mine target area.A total of 10 of the 83 rock grab samples from outcropping mineralization yielding a range from 193 grams per tonne (g/t) silver (Ag) up to 1,810 g/t Ag (or 5.63 ounces per ton [opt] up to 52.8 opt Ag) and 1.41 g/t Au up to 11.05 g/t Au (Table 1, Figures 1 and 2).The 10 new selective high-grade Ag-Au bearing rock grab samples from the historical Imperial Mine area were collected from five discreet areas of mineralization in and around the historical mine workings including from outcrop and underground as in Table 1 and Figures 1 and 2.All highly anomalous samples are characterized by the presence of abundant and visible pyrite, galena and sphalerite in quartz veins and/or pods of silicified metavolcanic or metasedimentary rocks (Greenstones). The mineralization can be described as polymetallic veins and altered wall rock that display the presence of silver, gold, lead, zinc and minor copper and it is likely metasomatic in nature. Granodiorite and diorite intrusions have been noted nearby.High levels of chromium and nickel reflect the presence of altered ultramafic rocks with serpentine-carbonate alteration and commonly identified as listwanite (Figure 3).The Imperial showings, including the veins and pods of mineralization in the undergrou...