Grizzly Discoveries
Grizzly Discoveries (TSXV:GZD) is a diversified Canadian mineral explorer whose veteran junior resource management team, a specialist in ushering early exploration projects into the feasibility stage, is developing 72,700 ha (180,000 acres) of precious and base metal properties in British Columbia.
Grizzly’s flagship Greenwood project is less than 10 km from Kinross Gold’s past-producing Buckhorn gold mine – which housed a 1.2 million ounce resource at 16 grams per tonne (g/t) of gold at start up in 2010 – and less than 50 km north of the 2-million-ounce Golden Eagle Project. Management’s compilation, assessment and exploration work leads it to believe that much of Greenwood contains the same geological structures as these two mines.
Michael Dufresne, Grizzly’s chief geology officer, spoke with Stockhouse’s Lyndsay Malchuk about high-grade gold, silver, copper (up to 5.92 per cent), lead and zinc encountered during 2023 sampling at the Midway mine area, one of five exploration projects within the Greenwood umbrella. Watch the interview here.
As drilling gets underway at Midway later this year, and Grizzly secures permits for Greenwood’s Imperial, Sappho and Copper Mountain target areas – adding to active drilling permits for the Ket 28, Dayton and Motherlode areas – management is affording its history of high-grade copper, silver and gold results with multiple chances to shine and reward shareholders after a 57 per cent loss year-over-year.