Welcome to our dedicated page for Grizzly Discoveries news (Ticker: GZDIF), a resource for investors and traders seeking the latest updates and insights on Grizzly Discoveries stock.
Grizzly Discoveries Inc. (GZDIF) is a Canadian mineral exploration company actively developing precious and base metal projects in British Columbia's historic mining districts. This news hub provides investors and industry observers with comprehensive updates on exploration progress, corporate developments, and technical milestones.
Access authoritative reports on the company's Greenwood District operations, Motherlode Crown Grants evaluations, and management strategies. Our curated news collection features drilling results, geophysical survey analyses, and strategic partnership announcements - all essential for understanding this junior explorer's trajectory.
Key updates include mineral resource estimates, exploration permit advancements, and technical reports from the company's geological team. Track Grizzly's systematic approach combining historical data with modern exploration technologies across multiple precious/base metal targets.
Bookmark this page for streamlined access to verified operational updates and financial disclosures. Check regularly for new developments in Grizzly's methodical exploration of British Columbia's mineral-rich regions.
Grizzly Discoveries has entered into a purchase agreement with First Majestic Silver Corp for the historic Motherlode Crown Grants in BC's Greenwood District. The Grants cover 300 acres and include several historical mines, with past production of copper, gold, and silver. Significant drilling results include 0.23 g/t gold over 154.23 meters and 2.5 g/t gold over 4.88 meters from 1996. The deal involves Grizzly issuing 250,000 common shares to First Majestic and granting a 1% Net Smelter Return Royalty, which can be bought out for $250,000. The company plans aggressive exploration in 2024.
Grizzly Discoveries has entered into a purchase agreement with First Majestic Silver to acquire the Motherlode Crown Grants in the Greenwood District, British Columbia. The Crown Grants include 13 historical mines, with the Motherlode Mine being notable for producing significant quantities of copper, gold, and silver in the early to mid-1900s. This acquisition is expected to bolster Grizzly’s exploration activities for precious and battery metals in its extensive land holdings. As part of the agreement, Grizzly will issue 250,000 common shares to First Majestic and grant a 1% Net Smelter Return (NSR) Royalty on the Crown Grants, with an option to purchase the NSR for $250,000.
Grizzly Discoveries Inc. provided an update on exploration results for the Midway Mine Area as part of the Greenwood District Precious and Battery Metals Project in British Columbia. Significant high-grade results for gold, silver, copper, lead, and zinc were reported from various areas explored in 2022 and 2023. Plans for 2024 include drilling, trenching, and exploration for battery metals. New mineral claims were acquired, and the company is aiming for an aggressive drilling campaign in 2024.
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