Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,042.10 −1.8% Silver 51.55 −2.2% Copper 6.27 −1.2% Oil 86.34 −0.6% Palladium 1,024.75 +0.3% PUR 0.365 +7.3% SCY 0.085 +6.2% AUMN 0.300 +7.1% SLG 6.17 −2.1% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.07 +4.9% LVX 0.230 −32.4% RAMP 0.250 −7.4% QTWO 1.72 +6.8% Gold 4,042.10 −1.8% Silver 51.55 −2.2% Copper 6.27 −1.2% Oil 86.34 −0.6% Palladium 1,024.75 +0.3% PUR 0.365 +7.3% SCY 0.085 +6.2% AUMN 0.300 +7.1% SLG 6.17 −2.1% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.07 +4.9% LVX 0.230 −32.4% RAMP 0.250 −7.4% QTWO 1.72 +6.8%
Drill Results

Grizzly Announces Significant Conductivity and Chargeability Anomalies Detected from Recent IP Survey at Sappho Critical Minerals Target, Greenwood, British Columbia

By The Northwire Desk — AI Analysis Feb 26, 2026 · 17:18 GZD · 0.035 Grizzly Discoveries Inc.
GZD · Price

Executive Summary

  • Grizzly Discoveries received preliminary IP survey results that identified a strong near‑surface conductivity anomaly and a deeper chargeability anomaly at the Sappho Critical Minerals Target, supporting further drilling.
  • Fully funded drill program of 4–6 holes (≈1,500–2,000 m) is slated to start in early‑to‑mid April 2026 to test the conductive zone.
  • Historical and recent surface work continues across multiple project areas, with >220 rock‑grab samples from 2025 fieldwork pending release.

Key Details

  • IP Survey Scope: 4 lines covering 4.5 km completed; two major anomalies detected:
  • Conductivity anomaly on Lines 9600 & 9700 coincident with historic skarn drill intercepts (holes 10SP02/10SP03, 2010).
  • Deeper chargeability anomaly on Lines 9400 & 9500 (20–30 mV/V), aligned with a major fault and comparable to recent BC porphyry discoveries.
  • Planned Drilling: Fully funded program of 4‑6 drill holes, targeting ~1,500‑2,000 m of core, to commence early‑to‑mid April 2026 pending weather conditions.
  • Historical Drill Results (2010):
  • Up to 0.31 % Cu, 0.75 g/t Au, 0.34 g/t Pt, 0.39 g/t Pd, 6.57 g/t Ag over 6.5 m in skarn (hole 10SP03).
  • Notable high‑grade intervals: 3.82 g/t Au & 199 g/t Ag over 1 m; 1.83 g/t Pt & 2.09 g/t Pd over 1 m.
  • Surface Sampling Highlights (2022–2025):
  • Five new sulphide showings discovered in 2022, four with >1 % Cu (up to 7.25 %).
  • Total of 17 rock‑grab samples >1 % Cu (max 9.06 % Cu); 11 samples >500 ppb Pt/Pd (max 4.64 g/t Pt, 2.28 g/t Pd).
  • Geological Context: Target lies on the East Fault contact of the Toroda Graben; skarn and porphyry‑type alteration associated with Jurassic alkalic intrusions and younger diorite bodies.
  • Additional Exploration Activities: Ongoing surface work in Greenwood, Rock Creek, Midway, Copper Mountain, Overlander‑Attwood areas; plans for further IP, magnetics, and Loupe EM surveys across Sappho, Midway, and Motherlode zones.
  • Rock‑Grab Sampling (2025): >220 samples collected; results pending release.

Notable Quotes

“Anomalous ground magnetics and now IP has outlined multiple new targets across the Sappho Project. I am excited to see what the next phase of IP work and drilling might show us – Grizzly will continue to refine these targets to the drill‑ready stage for drilling in the next couple of months and I look forward to identifying some new discoveries.”
— Brian “Griz” Testo, President & CEO

Materiality Assessment: Material – Positive** (the release announces significant geophysical anomalies and a fully funded drill program that could materially affect the company’s valuation if successful).

Read the original news release →

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Drill Results