#Kinross’ KG Exploration Completes 2015 Work Program, Submits Plans for 2016 Exploration on 75% Option from #Grizzly $GZD $GZDIF on #Greenwood Property, #BC

Grizzly_72dpi#Kinross has completed its 2015 work program on the 131 claims that form a  contiguous package totalling approximately 27,345 ha, representing one third of Grizzly’s land at Greenwood. Kinross can earn a 75% interest on optioned land by incurring US$3 million in exploration expenditures over a five year period.

Five target area were selected – Attwood-Overlander, March Creek, Kerr Creek, Bruce Creek and Midway – to assess and prioritize targets on the land package for further work in 2016. Kinross uncovered previously unrecognized epithermal quartz veining and precious metal mineralization at the Attwood-Overlander area. Rock grab samples from the exposed epithermal veins that range from 0.75 to 2 m in width returned up to 29.8 g/t gold. This is considered a high priority for follow-up exploration in 2016.

Rock and soil sampling at March Creek, Bruce Creek and Kerr Creek have returned anomalous precious metals and epithermal indicators and warrant follow-up exploration in 2016. The geochemical results at the Midway Target may indicate the presence of an epithermal overprint and further exploration is recommended for 2016.

Kinross has indicated that the initial objective for the 2016 program will be to continue to evaluate the potential of the various target areas, working up specific targets to move forward using detailed mapping along with geologic and deposit models as a guide as well as many of the regional data sets already completed by Grizzly to move certain targets to a drill testing stage, potentially in 2016. Many of the target areas on the property are currently at the generative stage, with only a few geophysical and/or geochemical based targets having been drilled by Grizzly to date.

Grizzly Discoveries’ COO Ian Lambert Speaks with ABN Newswire at PDAC 2015 in Toronto

Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) is pleased to provide a link to an interview with COO Ian Lambert conducted by ABN Newswire at PDAC 2015 in Toronto.

Click here to view the video:  COO Ian Lambert Speaks with ABN Newswire

Grizzly continues to pursue joint ventures, property options, and financing opportunities, to be positioned to take advantage of the inevitable recovery of the natural resources sector.

Nancy

 

PDAC 2015 in Toronto Canada

Although the attendance was down from last year’s PDAC, the quality of companies exhibiting and the attendees were of significance. Grizzly Discoveries (TSX.V-GZD) has three assets and all three were of interest to investors. Representatives from numerous mid-tier to major mining companies were inquiring about the gold/copper/silver BC properties given the politically stable jurisdiction and historical mining and mining friendly area.

I find that even though we are in a down-turned market, it is always of benefit to exhibit and/or be present at the PDAC. You just never know what will come from who you meet there.

Nancy at Grizzly Booth

Nancy

Junior Mining Firm Dreaming of Alberta Potash Industry-Grizzly Discoveries

“My dream is that we hit potash and we get a new industry for Alberta, we make our shareholders a ton of money, we create jobs, create wealth for people, and feed the world.” Brian (Griz) Testo said in an interview with the Edmonton Journal

Griz March 2014

Link to entire article.

Grizzly Discoveries “GZD” Enters Into Memorandum of Understanding on Alberta Potash Project

Grizzly_72dpiGrizzly Discoveries TSX.V-GZD entered into a memorandum of understanding (“MOU”) with an unrelated third party as an initial step towards a proposed $15Million investment by the Interested Party to advance the Company’s Alberta Potash Project. The Interested Party will review all data and information pertaining to the Alberta Potash Project, with particular focus on the North Block near Lloydminster, Alberta. The MOU contemplates that, subject to the Interested Party’s satisfactory due diligence on the Alberta Potash Project data, the Company and the Interested Party would pursue negotiations leading to a final agreement whereby the Interested Party would invest up to $15 Million in cash to fund an exploration drill program to test the Alberta Potash Project’s North Block.

www.grizzlydiscoveries.com

Nancy

Grizzly CVE:GZD Re-Evaluates Copper Porphyry Potential at Dayton Prospect

Grizzly Discoveries CVE:GZD has been focussed on target selection at its approximately 90,000 ha Greenwood Property, with a goal of discovering deposits with near-term resource-definition potential.  In addition to the selection of the Ket 28 as a high priority high grade gold target, as previously announced (see the Company’s news releases dated October 10, 2013 and November 26, 2013), the Company has re-evaluated results from exploration conducted in 2009 through 2011 at the Greenwood Property’s Dayton prospect.  The Company has concluded, based upon a reinterpretation of the geology and a determination of copper-equivalency* (“CuEq”) values by incorporating coincident gold and silver values with the copper intersected in previous drill holes, that the Dayton prospect is a high priority copper-gold porphyry target.  Drilling conducted at the Dayton Prospect in 2010 and 2011 indicated values greater than 0.12% CuEq over core lengths between 50 to 135 metres (“m”), with a number of shorter intervals in several of the drill holes yielding up to and greater than 0.40% CuEq.

Link to full news release: http://grizzlydiscoveries.com/index.php/investor-relations/news/75-grizzly-re-evaluates-copper-porphyry-potential-at-dayton-prospect-with-assays-yielding-0-19-cueq-over-117-metres-and-0-39-cueq-over-51-metres

Nancy Massicotte

Recap of San Francisco Investment Conference Nov 25 & 26 2013-Grizzly Discoveries

Grizzly Discoveries’ COO, Ian Lambert, recently visited the San Francisco Metals and Minerals Conference, attended by many experts in the natural resources sector, held on November 25th and 26th. Conference attendees seemed to express a general consensus that we must be very near the bottom in gold prices and resource shares, while also confessing uncertainty regarding exactly when prices will rebound.

 

It is certain that the industry players at the Conference believed that, for an investor, a commitment to this sector (“stay the course”) will reap rewards over the next few years.  Click here for a piece written by Dudley Pierce Baker that sums up this sentiment.   

 

What is important to the experts, as outlined by Mr. Baker, is a focus of attention on companies with strong management with significant share positions, good properties, cash in the bank, and operating in safe mining environments with little or no geopolitical risk.

 

This should inspire a sense of confidence in Grizzly Discoveries Inc., as the features of the Company coincide with what it takes to survive a devastated junior resource market. Management and insiders own over 23% of the shares outstanding, with the President, Brian (“Griz”) Testo, holding over 8 M shares, having invested more than $2 million personally. The Company has over $500,000 in the treasury with minimal monthly overhead and a committed management team to stay the course.

 

Grizzly holds a significant mineral claim position in the Greenwood Gold District near Greenwood, British Columbia, which the Company has assessed as highly prospective for the potential to define and develop one or more  precious metals resources.  The Greenwood properties lie in an extremely politically stable mining community having strong interests in continuing to explore and develop assets in the ground.  Historic mining in the area has produced more than six million ounces of gold. The Motherlode underground and open pit mine historically produced close to 175,000 ounces of gold, 700,000 ounces of silver and 77 million pounds of copper.  

 

Kinross’ Buckhorn mine, just on the other side of the BC/Washington border from Grizzly’s Greenwood properties, boasts a 1.2 million ounce gold resource, and Midway’s Golden Eagle mine, located 40 km from Grizzly’s properties, has a 2+ million ounce gold resource. More than nine million ounces of gold have been produced or is an insitu resource, in a radius of less than 70 km from the Company’s claims.

 

The Company also holds almost one million acres of metallic and industrial mineral permits in eastern Alberta along the Saskatchewan border, which the Company has determined as being prospective for a potential potash resource.  The long term forecasted demand for fertilizer, in particular potash, makes this land position important for longer term development.  With historic drilling showing high grade potash zones underlying the Company’s property, the opportunity for diversification for Grizzly is excellent.

 

For Grizzly Discoveries, nothing has changed in the fundamentals.  Their focus to explore, discover and develop a gold/copper/silver resource in their vast 225,000 acre contiguous Greenwood properties, together with the potential opportunity to discover and develop a large potash resource, makes the Company a strong candidate for recovery when the bull markets finally do return to the natural resources sector.  This is the perfect opportunity to add Grizzly Discoveries Inc. to your portfolio in anticipation of the inevitable recovery.

 

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 150,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

 

Grizzly Discoveries (TSX.V-GZD) Selects Targets at Greenwood BC Project and Engages IR Consultant

Grizzly Discoveries (TSX.V-GZD) has completed its review of the Technical Report recently announced and has identified high priority drill targets at the Ket 28 prospect at the Greenwood Project, Greenwood, BC. The Company’s exploration program will focus on the Ket 28 prospect were the gold mineralization is open along strike and to depth and requires further drill testing. The proposed 1,250 m drill program will target the gold-prospective zone in the central portion of the Ket 28 prospect, with the intention of developing a maiden mineral resource estimate. The initial program is expected to cost approximately $350,000 and is subject to financing.

The Company has engaged Mr. Stephen Smart, an individual residing in Brazil, for a two year term and provided an option package to acquire up to 500,000 common shares of the Company at an exercise price of $0.10 per share. Mr. Smart is a corporate finance consultant whose primary business involves introducing clients to investment opportunities.

Nancy

Grizzly Discoveries (TSX.V-GZD) Interview with COO Ian Lambert

Investing News Network has recently published the following interview with Grizzly Discoveries’ (TSX.V-GZD) COO, Ian Lambert.

Interview with Ian Lambert – COO of Grizzly Discoveries

Quote from Caesars Report on GOLD

“This gold market is very interesting. Paper gold crashed but the demand for physical gold has never been so strong. VBCE Downtown Vancouver ran out of bullion EVERY day last week within the hour after opening (http://www.caesarsreport.com/blog/wheres-the-physical-gold-and-silver/ )… Premiums are going up, and even in Belgium it’s difficult to get your hands on LBMA-accepted bullion. Very interesting!”