Northwire Canada EditionFriday, July 10, 2026
Northwire
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 Provides Geophysical Program Updates to Define Precious and Critical Minerals Targets at Its Greenwood Projects, BC Canada

Grizzly Expands IP Targets at Greenwood, But Dilution and Exploration Risk Loom Large

Executive Summary
  • Date: May 25, 2026
  • Headline: Grizzly Provides Geophysical Program Updates to Define Precious and Critical Minerals Targets at Its Greenwood Projects.
  • Key Findings: Phase 2 Induced Polarization (IP) surveys at Sappho extended the chargeability anomaly up to 500 m south and 1 km east, indicating an extensive porphyry-type anomaly.
  • New Discovery: A new metal occurrence identified at Motherlode Northeast (NE) with grab samples returning high grades: up to 5.12 g/t Au, 66.7 g/t Ag, and 0.528% Cu.
  • Drilling Status: Phase 1 Sappho Skarn Target drilling is complete (1,485 m in 7 holes); results are pending. Additional Phase 2 drilling planned for the Sappho area.
  • Future Work: Summer and Fall 2026 plans include trenching, sampling, and drilling at the Midway Target.
Material Impact
  • News Context: This release follows a series of exploration updates (Feb-April 2026) regarding IP anomalies and sampling results. The May 13 financing ($1.08M) was explicitly earmarked to fund this exact exploration program.
  • Materiality: While the extension of the Sappho anomaly is positive, it confirms previous announcements made in February 2026 (NewsId 98249). The Motherlode NE grab samples are high-grade but represent surface sampling rather than drill-defined resources.
  • Market Reaction Expectation: Likely neutral to slightly positive as this validates the capital raised in May and maintains momentum, but does not fundamentally alter the valuation model which remains speculative exploration without resource estimates or production.
  • Risk of Disappointment: The market may view this as "more of the same" given the consistent stream of IP updates without confirmed drill results yet.
GZD · Price
Company Overview
  • Company: Grizzly Discoveries Inc. (TSXV: GZD).
  • Flagship Project: Greenwood District, British Columbia (~180,000 acres).
  • Focus: Precious metals (Gold/Silver) and Critical Minerals (Copper/Platinum Group Elements).
  • Key Targets: Sappho (Skarn/Porphyry), Motherlode (Historic Mine), Midway (High-grade Gold/Silver).
  • Status: Exploration stage. No production revenue reported in provided data.
  • Management: Brian Testo (CEO) leads with focus on aggressive 2026 exploration program.
Read the original news release →

More from Grizzly Discoveries Inc.