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Grizzly Discoveries (TSXV:GZD) provides final Phase 1 drill results from Greenwood Project

Market News, Mining
TSXV:GZD
28 March 2023 12:44 (EDT)

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.

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