Highlights of news release dated January 20th, 2011. Please visit Grizzly’s website for full details www.grizzlydiscoveries.com. Grizzly announced that it has acquired a 100% interest in more than 430,000 acres by staking 22 metallic and industrial mineral (MAIM) permits along the Alberta-Saskatchewan border near Lloydminster and Medicine Hat. The additional staking brings the Company’s 100%… Continue reading Grizzly “GZD” Acquires More Land and Provides Update on Alberta Potash
Tag: production
Coral Gold “CLH” to Complete Robertson Testwork, PEA
Coral Gold (TSX.V-CLH) (OTC:BB-CLHRF) remains focused on the following key objectives: 1. Move Robertson towards production 2. Upgrade the property’s inferred gold resource 3. Produce a Preliminary Economic Assessment (PEA) 4. Acquire permitting for further exploration on Robertson from the BLM With historically high gold prices many producers are looking at developing large bulk-tonnage deposits… Continue reading Coral Gold “CLH” to Complete Robertson Testwork, PEA
Grizzly “GZD” Update – Follow-Up Drilling & Financing
Grizzly Discoveries “GZD” reported that initial follow-up drilling at the Ket 28 property and the Prince of Wales and Mabel Jenny targets at the Copper Mountain property has been completed. Drilling at the Greenwood Gold Project’s Dayton property gold-in-soil anomaly near the historic Mt. McKinney gold camp is in progress. Three follow-up drill holes were… Continue reading Grizzly “GZD” Update – Follow-Up Drilling & Financing
The Grizzly (GZD) Crew is Busy Drilling and Exploring at Greenwood Gold Project, BC
I just returned from a site visit with the Grizzly (GZD) exploration team in the Greenwood area, British Columbia. It’s hard to state specifically as the company holds mineral claims of 225,000 contiguous acres up in this area which spans across both sides of the #3 Crowsnest Highway. The drill is turning on the Ket… Continue reading The Grizzly (GZD) Crew is Busy Drilling and Exploring at Greenwood Gold Project, BC
Grizzly (GZD) Commences Fall Drilling Program at Greenwood Gold Project
Grizzly (TSX.V-GZD) commenced drilling on the Ket 28 property which will include a total of three follow-up drill holes. Drilling during 2009 at the Ket 28 property yielded up to 11.9 g/t gold over 2.0 metres and 2.77 g/t gold over 11.0 metres. Follow-up drilling is also planned for the Prince of Wales target at… Continue reading Grizzly (GZD) Commences Fall Drilling Program at Greenwood Gold Project
Coral Gold (CLH) Drills 18 M of 1.096 g/t Gold at Robertson
Coral Gold (TSX.V-CLH) has provided results from the first three diamond core holes drilled at Coral’s Robertson property in Crescent Valley, Nevada. These initial holes are part of a 15 hole diamond core program which Coral started on September 16th. The vertical holes range from 400 to 600 feet in depth and focus on the… Continue reading Coral Gold (CLH) Drills 18 M of 1.096 g/t Gold at Robertson
Visit to Greenwood Project, Greenwood, BC
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
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
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
Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement
Andean American Mining (TSX.V-AAG) has announced an agreement with a prominent metals trader to further advance the Invicta project. The agreement is to provide a Bridge Facility in exchange for the right to buy gold and silver production from the Invicta Mine. The Facility is for US $8 million and should close June 1, 2010… Continue reading Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement