Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Grizzly Mobilizes Drilling and IP Crew to the Sappho Critical Minerals Target Greenwood, British Columbia

Grizzly Mobilizes Drilling at Sappho Following Financing and Sampling Success

By The Northwire Desk — AI Analysis Apr 28, 2026 · 14:32 GZD · 0.07 Grizzly Discoveries Inc.
Executive Summary
  • The most recent release (April 28, 2026) confirms that Grizzly Discoveries has mobilized drilling crews to the Sappho Critical Minerals Target in Greenwood, British Columbia.
  • This follows a previously announced Induced Polarization (IP) survey program and a private placement financing closed in March 2026.
  • The company is targeting copper, silver, gold, and platinum group elements (Cu-Ag-Au-PGEs) at the Sappho area.
  • Historical drill results from hole 10SP03 are cited as context, showing high-grade intersections including up to 0.7% CuEq over 63.5 meters.
  • Surface sampling has identified rock grab samples containing up to 9.06% Copper and significant Platinum/Palladium values.
  • The drilling program is fully funded following the March private placement which raised approximately $741,100 in gross proceeds.
Material Impact
  • Expectation vs. Reality: The mobilization of drilling was anticipated based on the February 26, 2026 news release which stated a "fully funded drill program... is slated to start in early-to-mid April 2026." Therefore, this announcement confirms execution rather than introducing new unexpected value.
  • Financial Impact: The financing closed in March ($741k total) provides the necessary capital for this phase, reducing immediate liquidity risk but increasing share count dilution.
  • Valuation Implications: While positive, drilling mobilization is a precursor to assay results. Without confirmed mineralization from these new holes, the material impact on valuation remains limited until assays are released. The recent price appreciation (from $0.03 to $0.07) may have already priced in this milestone.
  • Progression: The company has successfully moved from exploration planning (Feb) -> financing (Mar) -> sampling results (Apr 20) -> drilling mobilization (Apr 28). This demonstrates operational discipline but does not yet confirm a resource.
GZD · Price
Company Overview
  • Company: Grizzly Discoveries Inc. (TSXV: GZD).
  • Strategy: Exploration-focused company targeting base (battery) and precious metal deposits across a 180,000-acre land package in British Columbia.
  • Flagship Project: Greenwood District Critical Minerals and Precious Metals Project.
  • Key Targets: Sappho (Cu-Ag-Au-PGEs), Midway (Au-Ag-Cu), Motherlode (Historic Mine), Copper Mountain, Robocop.
  • Land Package: Approximately 180,000 acres covering multiple historic mining districts with road access and First Nations partnerships.
  • Management: Led by Brian Testo (CEO) with a focus on advancing historical mines toward production through aggressive exploration.
Read the original news release →

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Grizzly Secures Capital at Premium Valuation to Fuel Critical Minerals Drilling in Greenwood District

Financings Apr 20, 2026 · 09:01

Grizzly Discoveries Samples High-Grade Gold at Greenwood Project Amidst Financing Push

Drill Results