Business
Grizzly Reports on High Grade Battery Metal Ag-Pb-Zn Samples Obtained from the Historical Crown Point Mine Area
Greenwood, British Columbia and Edmonton, Alberta--(Newsfile Corp. - February 6, 2023) - Grizzly...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Reports on High Grade Battery Metal Ag-Pb-Zn Samples Obtained from the Historical Crown Point Mine AreaGreenwood, British Columbia and Edmonton, Alberta--(Newsfile Corp. - February 6, 2023) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that it has recently received analytical results for 19 selective rock grab samples collected during late 2022 from the historical Silver (Ag)-Lead (Pb)-Zinc (Zn) Crown Point Mine area which is about 10 km north of the town of Rock Creek in the west-central portion of the Company's Greenwood area mineral claims in south-central British Columbia (BC). The Crown Point and Leona Group historical mines are hosted in Late Paleozoic Anarchist volcanic and sedimentary rocks with mineralization consisting of pyrite-galena-sphalerite in quartz veins and pods associated with northwest and northeast trending faults related to the eastern edge of the Rock Creek Graben.HighlightsA total of 19 new selective rock grab and composite rock grab samples from outcrop collected from the Crown Point to Leona historical mines area, with 9 of 19 rock grab samples from outcropping mineralization yielding a range from 23.8 grams per tonne (g/T) silver (Ag) up to 429 g/T (or 12.51 ounces per ton [opt] Ag) (Table 1, Figures 1 to 3).Six (6) of the 7 new selective rock grab samples from the historical Crown Point Mine area yielded from 25.2 g/T Ag (0.74 opt Ag) up to 94.3 g/T Ag (2.75 opt Ag), with all 6 samples yielding significant percent level lead (Pb) and zinc (Zn) with 1.52% up to 5.86% Pb and 1.51 up to 6.42% Zn. One of the six samples yielded 1.305 g/T gold (Au) shown in Table 1 and on Figure 1.Approximately 350 m southeast of the Crown Point, three (3) of 12 new selective rock grab samples from the Leona Group showings and historical mines (Figure 2) yielded from 23.8 g/T Ag (0.69 opt Ag) up to 429 g/T Ag (12.51 opt Ag) along with very high levels of lead (up to >20% Pb).All highly anomalous samples are from outcrop and characterized by the presence of abundant pyrite, visible galena and sphalerite in quartz veins and pods or in silicified metavolcanic or metasedimentary rocks (Greenstones). The mineralization can be described as polymetallic veins and altered wall rock that display the presence of lead, zinc, copper and arsenic and ...