Drill Results
Grizzly Sampling and Fieldwork Results in Three New Gold-Copper-Silver Discoveries at the Greenwood, BC Critical Minerals and Precious Metals Project
Grizzly Discoveries Samples High-Grade Gold at Greenwood Project Amidst Financing Push

Executive Summary
- Grizzly Discoveries announced sampling results from 2025 fieldwork at the Greenwood, BC project on April 20, 2026.
- Three new metal occurrences identified: Keno area, Old No. 7 Minesite area, and Myers Creek.
- High-grade mineralization confirmed at Midway and Imperial targets with rock grab samples yielding up to 17.95 g/t Au and 2,780 g/t Ag.
- The 2026 exploration program focuses on Induced Polarization (IP) surveys at Sappho and Motherlode in May 2026.
- Drilling is planned for the Midway Mine area later in 2026 following sampling confirmation.
- Property-wide rock and soil sampling to commence in coming weeks across the 170,000+ acre land holdings.
Material Impact
- The news confirms high-grade surface mineralization consistent with previous historical data (Nov 2025 reported up to 70.8 g/t Au at Midway).
- Sampling results are positive but do not constitute a resource estimate or drilling confirmation, limiting immediate valuation impact.
- Financing closed March 31, 2026 ($741k total proceeds) provides runway for the planned May IP surveys and future drilling.
- The announcement validates management's exploration thesis without introducing new financial risks or major capital events.
- Market reaction is likely muted as high-grade grab samples are routine for this stage of development and were anticipated given prior permits and sampling programs.
GZD · Price
Company Overview
- Grizzly Discoveries Inc. operates a ~180,000-acre land package in British Columbia focused on base (battery) and precious metals.
- Flagship Project: Greenwood District, covering multiple historic mines including Midway, Motherlode, Sappho, and Copper Mountain.
- Strategy involves advancing exploration programs to convert historical showings into drill-ready targets for potential resource development.
- Management team led by CEO Brian Testo emphasizes aggressive 2026 exploration with $0.5-$1M budget allocation.
- Company holds permits for drilling at Midway, Sappho, Copper Mountain, and Imperial target areas.
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Jul 08, 2026 · 09:01