Core Insights - Grizzly Discoveries Inc. has received drilling and trenching permits for several priority exploration targets in the Greenwood area, including Midway, Sappho, Copper Mountain, and Imperial [1][4] - The company is conducting a private placement offering for gross proceeds of up to $1 million to support planned exploration activities in fall 2025 [1][2] - The focus of the upcoming exploration will be on the Midway Exploration Target, particularly the historical Midway Mine, with plans for trenching, rock and soil sampling, and drilling [2][12] Exploration Details - The Midway area has shown promising results from previous sampling, with rock grab samples yielding gold grades ranging from 12.05 g/t to 70.8 g/t and silver grades from 1,360 g/t to 2,140 g/t [5] - New showings identified in 2023 near the Midway Mine include gold grades of up to 5.64 g/t and 4.19 g/t from different locations [5] - At least six new areas with anomalous gold, copper, and silver in soils have been identified at Midway, indicating potential for further exploration [5] Company Overview - Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company focused on developing approximately 72,700 hectares (about 180,000 acres) of precious and base metals properties in southeastern British Columbia [17] - The company is led by an experienced management team with a track record of advancing exploration projects from early stages to feasibility [17]
Grizzly Receives Work Permits to Conduct Drilling and Trenching at Four of Its Targets at The Greenwood, BC Precious and Battery Metals Project
Newsfile·2025-09-29 13:00