Grizzly Discoveries Inc · TSXV:GZD
Grizzly Discoveries — Technical Presentation (May 2023)
46 slides from Grizzly Discoveries's technical presentation, May 2023
Slide 1: Grizzly Discoveries Inc.
Grizzly Discoveries Inc. A Canadian Exploration Company Base (Battery) & Precious Metals in British Columbia, Canada May 2023 Michael Dufresne, M.Sc., P.Geol., P.Geo., President APEX Geoscience Ltd. TSXV: GZD | OTCQB: GZDIF | FWB: G6H
Slide 2: Forward Looking Statements
Forward Looking Statements ▪ This presentation contains certain “forward-looking statements”. Such forward-looking statements include, without limitation: ‐ estimates of future capital expenditures; ‐ estimates of resources and statements regarding future exploration results, timing and amount of es
Slide 3: Grizzly Canadian Projects
Grizzly Canadian Projects Precious Metal & Battery Metal properties Covering 170,000 acres Focus Greenwood Project, Motherlode & Dayton Cu-Co-Au-Ag, Midway Ag-Au, Imperial Ag-Au, Sappho Cu-Au-Ag-PGEs, Copper Mt Cu-Au; Robocop Cu-Co-Ag Active exploration programs in 2022 including drilling & groundwo
Slide 4: Portfolio of Projects for Exploration and Joint Venture
Portfolio of Projects for Exploration and Joint Venture •Historical production •Drilling :1.64 g/t Au and Motherlode 3.15 g/t Ag across 14.85m Gold core length Project •Drilling: 6.07 g/t Au and 15.13 g/t Ag across 4.5 m •Cu-Au porphyry style core length mineralization and skarn model Sappho •Drilli
Slide 5: Greenwood Potential for Battery & Precious Metals
GREENWOOD POTENTIAL FOR BATTERY & PRECIOUS METALS TSXV: GZD | OTCQB: GZDIF | FWB: G6H 5
Slide 6: Greenwood Properties – Precious & Base (Battery) Metals
Greenwood Properties – Precious & Base (Battery) Metals >160,000 acres At the turn of the 1900th Century – three Copper Smelters and the largest ~60 km x ~27 km producing Copper District in the Dominion Contiguous land package Copper Mtn Cu-Au-Ag Motherlode Cu-Au-Ag CanXGold Phoenix Processing Plant
Slide 7: Deposit Types & Conceptual Targets (Battery & Precious Metals)
Deposit Types & Conceptual Targets (Battery & Precious Metals) ◼ Cu-Au-Ag or Au-Ag Skarns – Intermediate to large tonnage targets, low grades to high grades ie Phoenix 27 Mt @ 1% Cu & 1 g/t Au (a $4.0 billion dollar target) and Motherlode 4.2 Mt @ 0.82% Cu, 1.27 g/t Au & 5 g/t Ag (a $0.5 to 1.0 bill
Slide 8: Greenwood Claim Groups
Greenwood Claim Groups Grizzly 2021 - 2022 Active Exploration Exploration GZD Silver Targets • Restarted Exploration on all fronts Crown Point • Additional 2,000 Soil Samples • Additional 1,000 Rock Samples Imperial • Additional 200 ln-km of Ground Marguerite Geophysics - Magnetic and EM Loupe Surve
Slide 9: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems ▪ Fault bounded Tertiary grabens bordered by high grade metamorphic terranes ▪ Cored by West edge NA Paleozoic to Triassic Midway Motherlode North volcanics (basalt) & sediments (in blues) Dayton ▪ intruded by 4 ages of Osoy
Slide 10: Motherlode/Motherlode North – Historical Exploration
Motherlode/Motherlode North – Historical Exploration ▪ Motherlode was first staked and explored in 1891, with commercial production commencing in 1901 ▪ The mine and smelter closed in 1919 due to decreasing ore grades ▪ Woodgreen Copper Mines Ltd. put the Motherlode Mine back in production in 1956 a
Slide 11: Proposed Motherlode/Motherlode North Drill Program
Proposed Motherlode/Motherlode North Drill Program Magnetite – Chalcopyrite Skarn Crown Grant Mineral Rights are falling away and minerals rights are in the process of reverting to GZD TSXV: GZD | OTCQB: GZDIF | FWB: G6H 11
Slide 12: Motherlode North & Marguerite 2022 Drill Program
Motherlode North & Marguerite 2022 Drill Program Hole ID From m To m Length m Au g/t Ag g/t Cu% Pb% Zn% 11ML03* 7.00 26.00 19.00 1.559 11.12 0.035 0.069 0.303 includes 11.00 15.50 4.50 6.069 15.13 0.028 0.196 0.669 11ML04* 8.95 24.00 15.05 0.473 1.43 0.020 0.010 0.154 22ML08 22ML07 includes 8.95 15.
Slide 13: Tertiary Grabens – Midway Window Through Tertiary Graben Material
Tertiary Grabens – Midway Window Through Tertiary Graben Material ▪ Fault bounded Tertiary grabens bordered by high grade metamorphic terranes ▪ Cored by west edge NA Paleozoic to Triassic Midway Motherlode North volcanics (basalt) & sediments (in blues) Dayton ▪ intruded by 4 ages of Osoyoos intrus
Slide 14: Midway Mine – Dan Hurd Option
Midway Mine – Dan Hurd Option Sampling and Ground Geophysical Surveys Option to Purchase Mineral Rights from Dan Hurd – He keeps the Picturestone or Picture Rock Quarriable Rock rights Area of Interest TSXV: GZD | OTCQB: GZDIF | FWB: G6H 14
Slide 15: Midway Mine 2022 Exploration – Dan Hurd Option
Midway Mine 2022 Exploration – Dan Hurd Option Gold Samples Cr or V Backdrop of Geology Mica? Produced Ag-Au from 3 levels and small pit in the 1980s era Serpentinite - Listwanite Midway Mine Secondary Occurrence Breccia – Vein Zone Diorite Picturestone or Picture Rock Massive sulphide – pyrite, ars
Slide 16: Midway Mine 2022 Exploration – Dan Hurd Option
Midway Mine 2022 Exploration – Dan Hurd Option Silver Samples Cr or V Backdrop of Geology Mica? Serpentinite - Listwanite Midway Mine Secondary Occurrence Breccia – Vein Zone Diorite Picturestone or Picture Rock Massive sulphide – pyrite, arsenopyrite, galena, sphalerite, stibnite, electrum etc Five
Slide 17: Midway Mine 2022 Exploration – Sample Results
Midway Mine 2022 Exploration – Sample Results Serpentinite - Listwanite Massive sulphide – pyrite, arsenopyrite, galena, sphalerite, Assay Highlights – more sampling has been conducted stibnite, electrum etc in multiple vein/fault breccia zones and structures TSXV: GZD | OTCQB: GZDIF | FWB: G6H 17
Slide 18: Midway Mine 2022 – Airborne & Ground Geophysics
Midway Mine 2022 – Airborne & Ground Geophysics Sampling and Airborne Survey Total Magnetic Intensity – Airborne AeroTEM III Loupe EM – Time Domain EM with continuous readings and GPS much like the walking Magnetometer system that most of use today! Midway Mine Secondary Occurrence Hot colors = High
Slide 19: Midway Mine 2022 – Ground Geophysics
Midway Mine 2022 – Ground Geophysics Sampling and Ground Geophysical Survey Serpentinite – Listwanite? Loupe EM – Time Domain EM with continuous readings and GPS much like the walking Magnetometer system that most of use today! Midway Mine Secondary Occurrence Possible northeast oriented faults? Dio
Slide 20: Midway Mine 2022 – Ground Geophysics
Midway Mine 2022 – Ground Geophysics Sampling and Ground Geophysical Survey Serpentinite – Loupe EM – Time Domain EM with continuous readings and Listwanite GPS much like the walking Magnetometer system that most of use today! Midway Mine Secondary Occurrence Diorite Powerline – we Loupe EM – Ground
Slide 21: Midway Mine 2022 – Ground Geophysics
Midway Mine 2022 – Ground Geophysics Sampling and Ground Geophysical Survey Serpentinite – Loupe EM – Time Domain EM with continuous readings and Listwanite GPS much like the walking Magnetometer system that most of use today! Midway Mine Secondary Occurrence Diorite Loupe EM – Ground TDEM Survey –
Slide 22: Tertiary Grabens – Dayton Target – West Edge of Rock Creek Graben
Tertiary Grabens – Dayton Target – West Edge of Rock Creek Graben ▪ Fault bounded Tertiary grabens bordered by high grade metamorphic terranes ▪ Cored by west edge NA Paleozoic to Triassic Midway Motherlode North volcanics (basalt) & sediments (in blues) Dayton ▪ intruded by 4 ages of Osoyoos intrus
Slide 23: Dayton Regional Geology – Edge of Graben
Dayton Regional Geology – Edge of Graben TSXV: GZD | OTCQB: GZDIF | FWB: G6H 23
Slide 24: Dayton Geochemistry Cu-Au Anomaly
Dayton Geochemistry Cu-Au Anomaly Initial 2010-11 Drilling focused on Cu-Au in Soils and IP Chargeability Anomaly TSXV: GZD | OTCQB: GZDIF | FWB: G6H 24
Slide 25: Dayton Property Geology – Series of Intrusions & Altered Volcs
Dayton Property Geology – Series of Intrusions & Altered Volcs Initial 2010-11 Drilling focused on Cu-Au in Soils and IP Chargeability Anomaly A single hole on the Eastern IP2 Chargeability Anomaly Several holes on Main IP1 Chargeability Anomaly TSXV: GZD | OTCQB: GZDIF | FWB: G6H 25
Slide 26: Dayton Drilling & IP Target to Follow-up Drill Test
Dayton Drilling & IP Target to Follow-up Drill Test Interesting Low Grade Au and Cu in Main IP1 Chargeability Anomaly – But died out with depth Eastern IP2 Chargeability Anomaly – Provided more interesting results 0.4% CuEq over 51 m at surface with potassic alteration – No Follow-up ◼ Intersection
Slide 27: Dayton Drilling 2022
Dayton Drilling 2022 Re-modelled Eastern IP2 Chargeability Anomaly – Seems to plunge north and more persistent at depth Completed 1,015 m in 4 holes 0.4% CuEq over 51 m at surface with potassic alteration – No Follow-up 2022 Drilling intersected skarnified and strongly altered volcanics and diorite
Slide 28: Dayton Drilling 2022
Dayton Drilling 2022 Re-modelled Eastern IP2 Chargeability Anomaly – Seems to plunge north and 2023 Target for more persistent at depth Follow Up Drilling 0.4% CuEq over 51 m at surface with potassic alteration – No Follow-up DH From m To m Width m* Au ppm Ag ppm Cu % CuEq%** 22DA-015 6 50.5 44.5 0.
Slide 29: Tertiary Grabens – Sappho Target – East Edge of Toroda Graben
Tertiary Grabens – Sappho Target – East Edge of Toroda Graben ▪ Fault bounded Tertiary grabens bordered by high grade metamorphic terranes ▪ Cored by west edge NA Paleozoic to Triassic Midway Motherlode North volcanics (basalt) & sediments (in blues) Dayton ▪ intruded by 4 ages of Osoyoos intrusives
Slide 30: Sappho Target 2022 – Sampling and Ground Geophysics
Sappho Target 2022 – Sampling and Ground Geophysics • Setting is the East Contact of the Toroda Total Magnetic Intensity – Graben with numerous pyroxenite- Airborne AeroTEM III monzonite-diorite (older) and younger QFP-diorite (Tertiary) intrusions into Ground Magnetic Positive intermediate-mafic vo
Slide 31: Sappho Target 2022 – Sampling and Ground Geophysics
Sappho Target 2022 – Sampling and Ground Geophysics • Ground Magnetic Survey helps Ground Magnetic Survey delineate likely faults and perhaps individual intrusive centers Main Showing • Certainly provides a better picture of Ground Magnetic Positive the local fault architecture Magnetic Anomalies •
Slide 32: Sappho Target 2022 – Sampling and Ground Geophysics
Sappho Target 2022 – Sampling and Ground Geophysics • PGEs and historical work Total Magnetic Intensity – • 2022 Exploration - A total of 17 samples Airborne AeroTEM III with > 100 ppb Pt and with > 100 ppb Pd Main Showing • A total of 11 samples with > 500 ppb Pt and > 500 ppb Pd • Maximum assays r
Slide 33: Grizzly Greenwood Drilling Highlights
Grizzly Greenwood Drilling Highlights 19 `Target Drillhole Interval Gold (g/t) Silver Copper% Copper (m) (g/t) *Eq% Ket 28 KT-1 6.1 8.91 Ket 28 94RM1-2C 3.35 52.18 Ket 28 9KT01 11.0 2.77 2.38 Ket 28 9KT02 2.0 11.9 3.2 Copper Mountain 10CM07 30.0 1.0 4.65 0.03 includes 10CM07 5.0 4.31 10.14 0.06 Copp
Slide 34: 2022 Advancement - Midway Acquisition & Other Exploration
2022 Advancement - Midway Acquisition & Other Exploration Other Targets Greenwood Exploration 2022 Selective grabs up to 9% Cu with > 1 g/t Au ,Pt, Pd ▪ During the 2022 Exploration Program work including prospecting, rock sampling, soil sampling and ground geophysics has been performed at a number o
Slide 35: Ket 28 - 2022 Regional Sampling Program
Ket 28 - 2022 Regional Sampling Program • More than 1,300 soil samples collected Total Magnetic Intensity – and assayed using ionic leach. Airborne AeroTEM III • First significant systematic regional sampling program with soil samples collected in a 100 m by 200 m grid pattern and analysed for gold
Slide 36: Robocop Property – Location & Infrastructure
Robocop Property – Location & Infrastructure ▪ Within the Fort Steele Mining District ▪ 100% owned 9,838 acres of mineral claims (9) – Recently Expanded ▪ Robocop can be worked 270+ days/year ▪ Project has existing logging roads throughout the property ▪ 5 km from the highway 93 and power lines – Ph
Slide 37: Robocop Property & Planned 2021-2022-2023 Exploration
Robocop Property & Planned 2021-2022-2023 Exploration ▪ *Trench samples 2.67% Cu, 0.48% Co and 1.93 % Cu, 0.06 % Co over 6 m ▪ *Historical drilling has yielded 1.04% Cu, 0.148% Co over 2.0 m (2.9% CuEq) ▪ 2021Work program included: 1. 400 line km airborne EM survey 2. Soil sampling program 3. 1,000
Slide 38: Robocop Historical Drilling
Robocop Historical Drilling ▪ *Historical drilling has yielded up to 1.04% Cu, 0.148% Co over 2.0 m (2.9% CuEq) ▪ Geological modelling using data from 15 historic drill holes and 325 samples returning Cu, Co, Ag, Au ▪ Seems to indicate significant offsets with west side down in the target Sheppard (
Slide 39: Robocop Geology: Belt – Purcell Group Proterozoic Basin
Robocop Geology: Belt – Purcell Group Proterozoic Basin ▪ Sediment Hosted Copper-Cobalt-Silver in Upper Purcell Proterozoic Rocks edge of the basin ▪ Similar age (1,380 to 1,450 Ma) rocks and mineralization to Idaho Cobalt Belt (ICB) – Sediment hosted Cu-Co-Ag+/-Au Sullivan Waterton - Spionkop Roboc
Slide 40: Geology (Stratigraphy) & Deposits in Belt - Purcell Group
Geology (Stratigraphy) & Deposits in Belt - Purcell Group Table of Formations Robocop Stratigraphy Structural & Stratigraphic Nelson Fernie Montana Gateway Controlled Sediment Upper Paleozoic Sheppard Hosted Hamill Cranbrook Cu-Co-Ag Horsthief Late Creek Proterozoic Toby Cu Mineralization Lower Shep
Slide 41: Robocop Property – 2021 – 2022 Exploration
Robocop Property – 2021 – 2022 Exploration ▪ *Trench results 2.67% Cu, 0.48% Co in grab 2021 Sample Results in Bold, samples and 1.93 % Cu, 0.06% Co over 6m Historical Results Shaded in channel samples Purple shaded features are ▪ *Historical drilling has yielded 1.04% Cu, conductive anomalies 0.148
Slide 42: Robocop Property – 2021-2022 Exploration
Robocop Property – 2021-2022 Exploration Other Geochemical and Geophysical Anomalies that require follow – up exploration 6.5 km Long Cu-Co Anomaly in Proterozoic Rocks with associated Conductivity Anomalies New Discovery Discovery Area 2021 Sample Results in Bold, Historical Results Shaded TSXV: GZ
Slide 43: Robocop Property – 2021-2022 Exploration
Robocop Property – 2021-2022 Exploration ▪ New Rock Grab Samples with up to 3.35% Cu in Float 3.35% and 1.405% Cu down slope from Discovery Area 15 Historical Core Holes over 1.1 km Priority Geophysical Anomalies ▪ Focused soil sampling down slope from Priority Geophysical Anomalies has expanded Phi
Slide 44: Robocop Property – 2022 Exploration
Robocop Property – 2022 Exploration ▪ A number of strong untested Cu-Co geochemical anomalies associated with EM anomalies potentially indicative of Discovery Area 15 Historical Core Holes over 1.1 km increased concentrations of sulphide mineralization ▪ Application PENDING drilling of 20 holes (10
Slide 45: Use of Proceeds for Exploration 2022 - 2023
Use of Proceeds for Exploration 2022 - 2023 Robocop ▪ A number of strong untested Cu-Co geochemical anomalies associated with EM anomalies potentially indicative of increased concentrations of sulphide mineralization ▪ Considering conducting follow-up ground geophysical surveys including but not lim
Slide 46: Contact Information
CONTACT INFORMATION Brian Testo (CEO) Nancy Massicote, Jim Greig, Director Corporate Development Corporate Development T: (780) 712-3559 T: (604) 507-3377 T: (778) 788-2745 E: info@grizzlydiscoveries.com E: info@grizzlydiscoveries.com E: jgreig@grizzlydiscoveries.com TSXV: GZD | OTCQB: GZDIF | FWB:
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