Grosvenor releases Powder NI 43-101 tech report results

Executive Summary

• Grosvenor Resource Corp. filed a NI 43‑101 technical report for its 100% owned Powder property, summarizing historic and recent exploration results.
• Recent 2025 surface program returned gold up to 0.61 g/t Au (six samples > 0.1 g/t) and silver up to 4 g/t, supporting the presence of an epithermal‑style vein system.
• The company proposes a two‑phase, $650,000 exploration program that could include up to 1,000 m of diamond drilling pending Phase 1 results.

Key Details

• Property description: Powder consists of two contiguous claims covering 121.22 ha, located ~75 km north of Kamloops, BC.
• Historic work (1994): 66 rock samples showed anomalous gold (up to 4.96 ppm) and associated path‑finder elements; a 11.7 km VLF‑EM survey was completed.
• 2025 surface program:
• 30 rock samples – gold values up to 0.61 g/t Au, six samples > 0.1 g/t; silver up to 4 g/t, 15 samples > 1 ppm Ag.
• 19.8 km ground magnetic & VLF‑EM surveys (24.8 kHz) – identified strong continuity and negative in‑phase slopes suggesting buried conductive structures.
• Geological observations: Presence of limonitic sheared granodiorite, quartz veins with brecciation, sulfide mineralization; elevated As, Mo, Pb, Zn accompanying precious metals.
• Recommended exploration plan:
• Phase 1 – $200k: Surface rock & soil geochemical sampling along EW lines plus six pole‑dipole IP/resistivity lines.
• Phase 2 – $450k (contingent): Up to 1,000 m diamond drilling targeting anomalies identified from Phase 1 data; budget may expand based on results.
• Purpose of report: Support Grosvenor’s TSX‑V listing and define future work programs for the Powder property.

Notable Quotes

(No direct quotes were provided in the release.)