PriceSensitive

Grizzly (TSXV:GZD) provides update on 2022 exploration and drilling plans

Mining
TSXV:GZD
29 July 2022 13:30 (EDT)

Grizzly Discoveries (GZD) has commenced surface exploration in the Greenwood area of southcentral British Columbia.

The company is targeting a drilling startup in August as it awaits a drilling permit for the Robocop Project.

Crews from APEX Geoscience Ltd. commenced soil and rock sampling in June and have conducted sampling at the Rock Creek area, the Midway area, and Sappho area to date.

Additional groundwork including sampling is being planned for the Mt Atwood-Overlander, Motherlode, and the Copper Mountain areas.

Additional ground work will be composed of one or more of prospecting, rock sampling, soil sampling and ground geophysics.

The company has received at least five expressions of interest for drilling and is currently reviewing these proposals for core drilling during the 2022 exploration season.

GZD is permitted for initial drilling programs at its copper-gold Motherlode skarn and Dayton Skarn/Porphyry Prospects in the Greenwood area of B.C. and is currently in the process of obtaining the required permits for drilling at the Robocop Project near Grasmere, BC.

The company is contemplating drill startup in August.

Grizzly is a diversified Canadian mineral exploration company focused on developing its approximately 66,000 hectares of precious and base metals properties in southcentral and southeastern British Columbia.

The company is run by highly-experienced junior resource sector management team, who have a track record of advancing exploration projects from early exploration through to feasibility stage.

Grizzly Discoveries’ (GZD) share price is up 5.26 per cent trading at C$0.10 as of 1:23 pm EDT.


Related News