Grizzly Discoveries Inc (GZDIF)

[canucklehead80]

Grizzly President Brian Testo on BC gold assay of 0.43 g/t gold and 0.15% copper over 51m

Grizzly Discoveries Inc TSXV:GZD announced the discovery of the Dayton gold-copper zone, a bulk-tonnage style low-grade gold-copper zone, at its Greenwood gold project in BC. Results from the first hole of the 2011 drill program revealed 0.25 g/t gold and 0.07% copper over 117 metres (including 0.43 g/t gold and 0.15% copper over 51 metres).

President Brian ‘Griz’ Testo tells ResourceClips.com, “In the last 100 years there’s been about $4 to $5 billion worth of copper, gold and silver taken from the 90-mile area between the US and Canada where Greenwood is located. All the claims at Greenwood were fractured until about 2006. When gold was at $280 to $300 an ounce, some prospectors got this big package together that totalled 235,000 acres. We did a deal with them in 2007, and checked [the claims] out and they were real, so we did a bigger deal with them in 2008. We got all of the ground—all 235,000 contiguous acres—in one package.

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