Grizzly Heavily Invested in Greenwood Gold-Mining Startup

EDMONTON — Grizzly Discoveries (TSX V: GZD) said Tuesday it plans to spend $500,000 on an initial exploration program at its Greenwood gold project in British Columbia.
It will include geological mapping, sampling, ground geophysics and drilling at two target areas where there is evidence of historic mining activities.
One of the areas has yielded six rock samples ranging from 9.41 grams to 99.6 grams per tonne of gold, the company said.
Grizzly also said it has signed an agreement to acquire the Snowshoe property, east of the town of Greenwood, that covers 14 mineral claims over 3,700 acres.

Leave a Reply

Your email address will not be published. Required fields are marked *