Last week I visited Greenwood, British Columbia and had the pleasure of getting a personal tour by Griz to a few of the many drill targets at Grizzly’s Greenwood project. To say the least, this is a massive 225,000 contiguous acre project and a bit overwhelming to try to grasp the span of land that… Continue reading Visit to Greenwood Project, Greenwood, BC
Month: July 2010
Grizzly Increases Exploration Budget/Closes 2nd Tranche of PP
Grizzly Discoveries (TSX.V-GZD) has increased the planned exploration program budget for the 2010 season for Grizzly’s Greenwood Gold project of up to $2 million. This increases the drilling program to approximately 3,500 metres. Drilling commenced late June at the Copper Mountain target and are drilling continually on numerous other targets. Other targets at the Motherlode… Continue reading Grizzly Increases Exploration Budget/Closes 2nd Tranche of PP
Flaherty Special Situations Does Update on Grizzly Discoveries
Bob Flaherty of Flaherty Financial News wrote an update article in the Flaherty Special Situation Newsletter. This is a free newsletter to subscribers. “Progress Report at Grizzly Discoveries” – link to page is: http://archive.constantcontact.com/fs070/1101855435216/archive/1103533557926.html
Grizzly Discoveries Closes 1st Tranche of Private Placement
Grizzly announced a non-brokered private placement of 3,196,595 non flow- through units at $0.30 per unit and 1,400,000 flow-through units at $0.35 per unit for gross proceeds of $1,448,978.50. (Amazing that the insiders did this financing at a 20% premium to the market price!!) Subject to TSX approval, Grizzly will close on an additional $230,021.40… Continue reading Grizzly Discoveries Closes 1st Tranche of Private Placement
Grizzly Commences Drilling at Greenwood Gold Project, BC
The drill was mobilized to the Greenwood property on June 24th, 2010 and has commenced drilling on gold showings in the Copper Mountain area. The permit for drilling on the Sappho target has also been received. Historic copper-silver-platinum-gold showings at the Sappho area and the gold zone intersected at Ket 28 during late 2009 are… Continue reading Grizzly Commences Drilling at Greenwood Gold Project, BC