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Grizzly Discoveries Inc.

TSXV:GZDLive AI agent

Grizzly is an aggressive and diversified Canadian mineral exploration company exploring for world class gold and base metal deposits in British Columbia.

Investor website: https://grizzlydiscoveries.com/

About

Grizzly is an aggressive and diversified Canadian mineral exploration company exploring for world class gold and base metal deposits in British Columbia. The company trades on the TSX Venture Exchange under the symbol GZD, on the OTCQB exchange under the symbol GZDIF, and the Frankfurt Exchange under the symbol G6H. Grizzly is targeting a number of new and existing high-priority precious metals and battery metals targets at Greenwood and Robocop, with recent geophysical results outlining large areas with anomalous geological potential for new discoveries at both projects.

Verified company data

Mineral resource
The Republic-Greenwood Gold District has historically produced an aggregate of more than 6 million ounces of gold (“Au”) prior to Grizzly’s acquisition of the Greenwood Project. The Greenwood Project also sits less than 10 kilometres (“km”) north of the Buckhorn Gold Mine, Kinross” producing gold mine in the US, which had a 1.2 million ounce (“oz”) gold resource at 16 grams/tonne of gold (“g/t Au”) at start up in 2010, and less than 50 km north of the Golden Eagle Project, having greater than two million ounce gold resource.
Projects
["Greenwood: Since 2008, the Company has consolidated a previously fragmented historic mining camp with mineral claims covering approximately 180,000 contiguous acres in South-central British Columbia, in the historically productive Republic-Greenwood Gold District, abutting the border with the United States. The Greenwood project consists of a number of Company managed exploration projects: MIDWAY, IMPERIAL, SAPPHO, MOTHERLODE, KET 28.","MIDWAY: Grizzly Discoveries optioned the mineral rights to 317 hectares in seven (7) mineral claims in the Greenwood area, BC including the historical Silver (Ag)-Gold (Au)-Lead (Pb)-Zinc (Zn) Midway Mine and the Picturestone Quarry, which are about 4 km northwest of the town of Midway in the Kettle River Valley area of BC. The Midway Mine and the Picturestone Quarry are situated within the “Midway Window”, a structural zone within the Toroda Graben exposing Late Paleozoic to Jurassic sediments, volcanics and intrusions, including the Knob Hill and Brooklyn formations, centered on an old thrust fault in a similar setting to the Golden Crown and Lexington Mine area near Greenwood, BC. An extensive rock and soil sampling program along with new geological mapping during 2023 has been conducted in preparation for drilling this fall. The work has yielded two new showings identified near the historical Midway Mine including up 5.64 g/t Au from a showing 400 m to the north of the Midway Mine and a second showing along an apparent fault structure with 4.19 g/t Au from a grab sample collected about 375 m to the west of the Midway Mine. Highlights from 2022 Exploration Program on the Midway Mine include: A total of 18 additional and new selective rock grab and composite rock grab samples from outcrop collected from the Midway Mine-Picturestone area, with 8 of 18 rock grab samples from outcropping mineralization in the Midway Mine area yielding a range of 0.119 grams per tonne (g/T) gold (Au) up to 12.85 g/T (or 0.375 ounces per ton [opt] Au). Three (3) of the 18 new selective rock grab samples from the Midway Mine area yielded from 248 g/T silver (Ag) (7.2 opt Ag) up to 2,700 g/T Ag (78.8 opt Ag), with highly anomalous and associated lead (Pb), zinc (Zn), copper (Cu), arsenic (As) and antimony (Sb).","IMPERIAL: Discovery of the Imperial area mineralization dates to the late 1890’s with initial production first recorded in the early 1900’s. The historical Imperial Mine has seen intermittent production from the early 1900’s to as recently as 2011. According to the BC Government minfile records the historical Imperial Mine produced a little over 9,200 oz of silver and more than 20,000 pounds each of lead and zinc. The production records cover the period from 1914 to 1949 (BC MINFILE 082ESE113). The historical Imperial Mine, is located on the eastern margin of the Kettle River, is underlain by a complex north-trending graben that exposes Paleozoic metasedimentary and metavolcanic rocks. The economic minerals of interest are mainly galena, sphalerite, and pyrite, all of which contain gold and silver. Some gold occurs with the silver in the sulphides, along with pyrite and arsenopyrite but gold is also known to occur in a steep set of fractures. The Imperial Mine target area is 815 ha (2,015 acres) and includes the Riverside Past Producer and Commonwealth showing north of the Imperial Mine. Limited Intermittent exploration, including some trenching, diamond drilling and small open pit mining has been conducted over the last 50 years. During the 2023 exploration season, a total of 50 new rock grab and rock chip samples were collected.","SAPPHO: The Sappho prospect, on which the Company conducted extensive exploration in 2009 and 2010, has yielded strong evidence of copper-gold-silver-platinum-palladium (“Cu-Au-Ag-PGE”) alkalic porphyry mineralization. Exploration at the Sappho zone has resulted in numerous high grade samples from the historic workings. However, the nature of its origin and the surrounding geology is not fully understood. The remaining area of the Sappho claim block is relatively underexplored compared to the extensive work at the main showings. Three well documented surface copper occurrences in the northeastern portion of the complex yielded numerous high grade selective grab sample results including up to 8.28% copper (“Cu”) 298 grams per tonne (“g/t”) silver (“Ag”), 2.2 g/t gold (“Au”), 27.1 g/t Platinum (“Pt”) and 2.57 g/t palladium (“Pd”). A drill program conducted by the Company in 2010 targeted two showings at the Sappho prospect, the Main and Northern showings, with a drillhole beneath each showing and two additional drillholes testing two proximal blind magnetic features with no previously known mineralization. The two holes beneath the Sappho Main and Sappho North showings intersected weak but anomalous Cu-Ag-PGE-Au. The best intersection was provided by drillhole 10SP03, which targeted a blind magnetic anomaly close to the Bodie Mountain fault and yielded a wide anomalous interval of 0.28% CuEq over 93.5 m core length including a higher grade zone of 0.38 % CuEq over 63.5 m core length that is comprised of 0.12% Cu, 8.68 g/t Ag, 0.22 g/t Au, 0.10 g/t Pd and 0.07 g/t Pt.","MOTHERLODE: Motherlode was first staked and explored in 1891, with commercial production commencing in 1901. The mine and smelter closed in 1918 due to decreasing ore grades. Woodgreen Copper Mines Ltd. put the Motherlode Mine back in production in 1956 as an open pit operation, and operated the mine until 1962, at which time it was permanently closed. The historic Motherlode underground and open pit mine produced close to 175,000 ounces of Au, 700,000 ounces of Ag and 77 million pounds of Cu at an average grade of 1.27 g/t Au, 5.04 g/t Ag and 0.82% Cu from a skarn between 1900 and 1962. A total of 1,722 m in nine core holes was completed at Motherlode North, approximately 500 to 750 m north of the historical Motherlode copper-gold-silver mine and 387 m in two core holes were completed at the Marguerite Target as part of the 2022 Phase 1 drilling program. The Company announced final results from 2022 exploration drilling at Motherlode North, with highlights including: The Motherlode North polymetallic and skarn targets are comprised of copper-gold-silver +/- lead-zinc (Cu-Au-Ag +/- Pb-Zn) targets 500 to 750 m north and northeast of the historical Motherlode Mine. Prior drilling by Grizzly intersected up 17.15 g/t Au, 41.7 g/t Ag, along with, 0.56% Pb and 1.51% Zn over 1.5 m core length at one of the skarn targets north of the Motherlode Pit.","KET 28: The Ket 28 gold target is located in a road accessible, proven and prolific area, adjacent to the US border in south-central British Columbia, Canada. Highlights for 2022 soil and rock sampling program at the Ket 28 prospect include: First significant systematic regional sampling program with more than 1,000 soil samples collected. New anomalous gold zones in soils identified. A total of 129 rock grab samples collected. Numerous northwest and northeast controlling structures."]
Leadership
Brian Testo (President, CEO and Director, Seasoned entrepreneur with over 40 years in mineral exploration and prospecting. Founder of Grizzly, he has secured substantial land holdings in British Columbia and is committed to environmental preservation and shareholder returns.), Jeremy Strautman (Chief Financial Officer, Over 18 years of experience in accounting and business administration within the junior mineral exploration industry. Key role in financial management and corporate governance.), Michael Dufresne, MSc, P.Geol., P.Geo. (Geological Consultant, Chief Geology Officer with over 30 years of experience in exploration programs. Holds a B.Sc. and M.Sc. in Geology and has contributed to significant discoveries across various commodities.), Nancy Massicotte (Investor and Public Relations Officer, Over 23 years of experience in investor and public relations across multiple industries. Focuses on enhancing Grizzly's visibility and communication with the investment community.), Dr. Solomon (Sam) Pillersdorf (Director, Independent Director with over two decades in the mining sector. Experienced in funding start-up mining companies and holds a prospector’s license.), Jo Price, M.SC., MBA, P.GEO. (Director, Independent geological consultant with over 20 years of experience in project management and exploration. Holds a B.Sc. and M.Sc. in Geology.), Jim Greig, MBA (Director, Over 25 years of experience in the resource sector. Holds an MBA and has played key roles in advancing significant mining projects.)

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