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Grizzly Re-Evaluates Copper Porphyry Potential at Dayton Prospect with Assays Yielding 0.19% CuEq Over 117 Metres and 0.39% CuEq Over 51 Metres
Grizzly Re-Evaluates Copper Porphyry Potential at Dayton Prospect with Assays Yielding 0.19% C...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Re-Evaluates Copper Porphyry Potential at Dayton Prospect with Assays Yielding 0.19% CuEq Over 117 Metres and 0.39% CuEq Over 51 MetresGrizzly Re-Evaluates Copper Porphyry Potential at Dayton Prospect with Assays Yielding 0.19% CuEq Over 117 Metres and 0.39% CuEq Over 51 Metres\n\nEdmonton, Alberta CANADA, February 13, 2014 /FSC/ - Grizzly Discoveries Inc. (GZD - TSX Venture, GZDIF - OTCQB, G6H - Frankfurt),(\"Grizzly\" or the \"Company\") is pleased to provide an update in advance of the Prospectors & Developers Association of Canada convention at the Metro Toronto Convention Centre on March 2-5, 2014, at which Grizzly will be exhibiting.\n\nGrizzly Discoveries' extensive and diverse portfolio of properties, including the potash-prospective Alberta Potash Project in Eastern Alberta, the diamondiferous-kimberlite hosting Alberta Diamond Project in North-central Alberta and the historically productive Greenwood Property in Southeastern British Columbia, cover an aggregate of over 700,000 hectares (\"ha\"), and is mostly underexplored.  The Company is conducting a strategic review of all of the geological information that it has available on its properties, including historical information preceding their acquisition by Grizzly, as well as the Company's results from its exploration programs, to ensure that future exploration programs yield favourable results with near-term resource definition and development.  \n\nIn particular, the Company has been focussed on target selection at its approximately 90,000 ha Greenwood Property, with a goal of discovering deposits with near-term resource-definition potential.  In addition to the selection of the Ket 28 as a high priority high grade gold target, as previously announced (see the Company's news releases dated October 10, 2013 and November 26, 2013), the Company has re-evaluated results from exploration conducted in 2009 through 2011 at the Greenwood Property's Dayton prospect.  The Company has concluded, based upon a reinterpretation of the geology and a determination of copper-equivalency* (\"CuEq\") values by incorporating coincident gold and silver values with the copper intersected in previous drill holes, that the Dayton prospect is a high priority copper-gold porphyry target.  Drilling conducted at the Dayton Prospect...