Grizzly drills 19 m of 1 g/t Au, 11 g/t Ag at Greenwood
2012-01-17 08:44 ET - News Release
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Mr. Brian Testo reports
GRIZZLY MAKES NEW GOLD-SILVER DISCOVERY IN THE MOTHERLODE AREA, GREENWOOD GOLD PROJECT, BRITISH COLUMBIA
Grizzly Discoveries Inc. has released assay results from its late 2011 exploration drill program at its Greenwood gold project in British Columbia, including the discovery of a new gold-silver zone in the Motherlode area.
Motherlode Gold-Silver-Zinc Discovery - Greenwood Gold Project
Results have been received for 6 holes drilled in the Motherlode area. North of the historic Motherlode mine, drilling of a coincident magnetic and electromagnetic anomaly has yielded a new gold discovery with the intersection of 1.56 grams per tonne (g/t) gold (Au) and 11.12 g/t silver (Ag) across 19.0 m core length with a high grade zone of 17.15 g/t Au and 41.7 g/t Ag, 0.56% lead (Pb) and 1.51% zinc (Zn) across 1.5 m core length in hole 11ML03 (see Table 1). Drillhole 11ML05, collared 40 m northeast of 11ML03, yielded similar results, with 1.64 g/t Au and 3.15 g/t Ag across 14.85 m core length with a higher grade zone of 6.79 g/t Au and 11.1 g/t Ag and 1.04% Zn across 1.5 m. Hole 11ML04, drilled beneath 11ML03, yielded 0.51 g/t Au and 1.02 g/t Ag over 13.5 m core length with a higher grade zone of 3.43 g/t Au, 2.90 g/t Ag and 0.8% Zn over 1.5 m core length (see Table 1).
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