Grizzly Discoveries (TSXV:GZD) has reported new assay results from the first four core holes completed at the Dayton Target area during its Phase 1 drill program at the Greenwood Project in British Columbia. The company has completed 3,123m in 15 core holes and is waiting for results for 11 other holes. Further drilling is currently planned for the Dayton IP1 anomaly, and will begin shortly as permits are already secured.
Brian Testo, President and CEO of Grizzly Discoveries, commented in a press release: “The early stage drill program at Dayton successfully intersected large intervals of copper, gold, and silver bearing altered and mineralized volcanic and diorite intrusive rocks; an encouraging positive step forward for a project that has seen little systematic exploration in the past. We are eager to resume drilling to expand this exciting discovery.”
Highlights from the drill program results are as follows:
Table 1: Dayton Summary drillhole results 2022.
|DH||From m||To m||Width m*||Au ppm||Ag ppm||Cu %||CuEq%**|
*Core length as true thickness is unknown at this stage of exploration. **CuEq calculated using ratios of Au:Cu 1:7,080 and Ag:Cu 1:88.5.
***Previously reported in 2011
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