• Grizzly Discoveries (GZD) provides final Phase 1 drill results from its Greenwood Project in British Columbia
  • A total of 1,722 metres in nine core holes were completed at Motherlode North
  • Roughly 387 metres in two core holes were completed in two core holes at the Marguerite Target
  • The company said additional drilling is needed in 2023 at both the Dayton and Motherlode North target areas to follow up on anomalous results from the 2022 drill program
  • Shares of Grizzly Discoveries (GZD) are up 6.67 per cent to C$0.08 as of 9:31 a.m. EDT on Tuesday

Grizzly Discoveries (GZD) provides final Phase 1 drill results from its Greenwood Project in British Columbia.

In a press release, the company said a total of 1,722 metres in nine core holes were completed at Mothernode North.

Grizzly Discoveries also said 387 metres in two core holes were completed at the Marguerite Target as part of its Phase 1 2022 drilling program.

 “Drilling continues to indicate expansion of a mineralized system. Future work has the potential to focus on higher grades and expand the overall strike length and depth of the polymetallic mineralization near a formerly producing mine,” Brian Testo, CEO of Grizzly Discoveries, said in a release.

Moving forward, Grizzly Discoveries said additional drilling is needed in 2023 both at the Dayton and Motherlode North target areas to follow up on the anomalous results of the 2022 drill program.

Shares of Grizzly Discoveries (GZD) are up 6.67 per cent to C$0.08 as of 9:31 a.m. EDT on Tuesday.

More From The Market Online

Myriad Uranium secures mining lease at Copper Mountain

Myriad Uranium (CSE:M) has entered into a 20-year mining lease with Diamond X Ranch for the Copper Mountain Uranium Project.

@ the Bell: Global markets make a comeback, but gold sinks

Canada’s main stock index followed markets around the globe on Monday and marched higher, recouping some losses from the dud of a week prior.

Eric Sprott tops up investment in gold stock Rio2

Eric Sprott adds C$2,000,115 to his position in Rio2 (TSXV:RIO), a junior mining stock developing its Fenix gold project in Chile.