Grizzly Discoveries Inc · TSXV:GZD
Grizzly Discoveries — Investor Presentation (February 2025)
43 slides from Grizzly Discoveries's investor presentation, February 2025
Slide 1: Grizzly Discoveries Inc.
Grizzly Discoveries Inc. A Canadian Exploration Company Base (Battery) & Precious Metals in British Columbia, Canada Edmonton, Alberta – February, 2025 Michael Dufresne, M.Sc., P.Geol., P.Geo., President APEX Geoscience Ltd. TSXV: GZD | OTCQB: GZDIF | FWB: G6H
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain “forward-looking statements”. Such forward-looking statements include, without limitation: ‐ estimates of future capital expenditures; ‐ estimates of resources and statements regarding future exploration results, timing and amount of es
Slide 3: Capital Structure
Capital Structure As of End mid 1Q 2025 TSX-V: GZD - FWB: G6H - OTCQB: GZDIF Share Structure Shares O/S: 159 Million Warrants/Options: 24.6 Million Shares FD: 183.6 Million Working Capital Treasury: $0.05 Million Share Price: $0.02 52-week High/Low: $0.05/$0.015 Market Cap: $3.2 Million Share Owners
Slide 4: The Mining Cycle
The Mining Cycle Opportunities to get to Mining Early This is where GZD Plays EXPLORATION TSXV: GZD | OTCQB: GZDIF | FWB: G6H 4
Slide 5: Metal Prices & Current Liquidity Squeeze
Metal Prices & Current Liquidity Squeeze • Cu & Au look great still and forecast long term is good. Co Li • Li, Co and other small use battery critical minerals susceptible to short term pain along with significant ups and downs with Technology changes • Terrible junior mining market due to equity s
Slide 6: Copper Stocks & Prices
Copper Stocks & Prices World Consumption is about 22 million tons of copper a year This is the metal to own in an electric world World Consumption in 2023 about 180,000 tons of lithium a year TSXV: GZD | OTCQB: GZDIF | FWB: G6H 6
Slide 7: Management & Directors
Management & Directors BRIAN TESTO DR. SOLOMON (SAM) JIM GREIG JO PRICE, M.Sc., MBA, P.Geo President, CEO, Director PILLERSDORF Director & Corporate Director Director Development Advisor Mr. Testo, founder of the Dr. Pillersdorf has been involved Mr. Greig holds an MBA from the Ms. Price is an indep
Slide 8: Grizzly Canadian Projects
Grizzly Canadian Projects Precious Metal & Battery Metal properties Covering 180,000 acres Focus Greenwood Project, Motherlode & Dayton Cu-Co-Au-Ag, Midway Ag-Au, Imperial Ag-Au, Sappho Cu-Au-Ag-PGEs, Copper Mt Cu-Au; Robocop Cu-Co-Ag Active exploration programs in 2022 – 2023; drilling & groundwork
Slide 9: Greenwood Properties – Precious & Base (Battery) Metals
Greenwood Properties – Precious & Base (Battery) Metals >180,000 acres At the turn of the 1900th Century – three Copper Smelters and the largest ~60 km x ~27 km producing Copper District in the Dominion Contiguous land package Copper Mtn Cu-Au-Ag Motherlode Cu-Au-Ag CanXGold Phoenix Processing Plant
Slide 10: Greenwood Properties for Option
Greenwood Properties for Option Properties for Potential Option Active Exploration – Available for Option Either Permitted for Drilling or a Deposit away from being permitted • Dayton – Porphyry Target Active Exploration – Available for Option Not Permitted for Drilling • Ket 28 – Epithermal, Skarn,
Slide 11: Potential Deal Structures
Potential Deal Structures Flexible on Deal Structures – Food for Thought Option 1 Initial cash payment, with escalating cash payments over time Initial stock payment, with escalating stock payments over time Exploration Expenditures escalating over time A certain amount of payments, stock an
Slide 12: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems Fault bounded Tertiary grabens bordered by high grade metamorphic Cu-Au-Ag +/- Pb, Zn terranes Cored by West edge NA Land package that is half the size of the entire city of Phoenix Paleozoic to Triassic Midway Motherlod
Slide 13: Republic Production on US side of the Camp
Republic Production on US side of the Camp The Greenwood Gold District aka Greenwood – Republic Gold District Republic GREENWOOD More than 6 Moz Au produced with significant Cu – 700 million pounds Golden Eagle (Calibre) & Knob Hill - Republic (Hecla) with more than 5 Moz in Resources Emmanuel C
Slide 14: Republic Production on US side of the Camp
Republic Production on US side of the Camp The Greenwood Gold District aka Greenwood – Republic Gold District Production Total = 7.2 Million Republic = 6.0 Moz oz Au Produced ounces Au Without Added Discovery = 5.6 Moz Au in Resources Total Resources (Historic & CIM Knob Hill Compliant) Greenwood =
Slide 15: Greenwood Claim Groups
Greenwood Claim Groups Grizzly 2021 - 2024 Active Exploration Exploration GZD Silver Targets • Restarted Exploration on all fronts Crown Point • Additional 6,000 Soil Samples • Additional 2,000 Rock Samples Imperial • Additional 200 ln-km of Ground Marguerite Geophysics - Magnetic and EM Loupe Surve
Slide 16: Number of Historical Mines that need Exploration
Number of Historical Mines that need Exploration Sylvestor K Sylvestor K Greenwood Looking North Looking South About 180,000 acres with a number of historical mines that could provide ore with some exploration including drilling and surface sampling Midway, Imperial, Marshall Lake, Sylvestor K,
Slide 17: Deposit Types & Conceptual Targets (Battery & Precious Metals)
Deposit Types & Conceptual Targets (Battery & Precious Metals) Cu-Au-Ag or Au-Ag Skarns – Intermediate to large tonnage targets, low grades to high grades ie Phoenix 27 Mt @ 1% Cu & 1 g/t Au (a $4.0 billion dollar target) and Motherlode 4.2 Mt @ 0.82% Cu, 1.27 g/t Au & 5 g/t Ag (a $0.5 to 1.0 bill
Slide 18: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems Fault bounded Tertiary grabens bordered by high grade metamorphic terranes Cored by West edge NA Land Package that is half the size of the entire city of Phoenix Paleozoic to Triassic Midway Motherlode & volcanics (basal
Slide 19: Motherlode/Motherlode North – Historical Exploration
Motherlode/Motherlode North – Historical Exploration Motherlode was first staked and explored in 1891, with commercial production commencing in 1901 The mine and smelter closed in 1919 due to decreasing ore grades and the effects of the Butte Copper Mine Woodgreen Copper Mines Ltd. put the Mot
Slide 20: Motherlode/Motherlode North Drill Program
Motherlode/Motherlode North Drill Program Magnetite – Chalcopyrite Skarn Crown Grant Mineral Rights (like patented ground) are active and Grizzly is negotiating a deal to acquire them all – which would give Grizzly the right to Explore & Mine at Motherlode TSXV: GZD | OTCQB: GZDIF | FWB: G6H 20
Slide 21: Motherlode North & Marguerite 2022 Drill Program
Motherlode North & Marguerite 2022 Drill Program Hole ID From m To m Length m Au g/t Ag g/t Cu% Pb% Zn% 11ML03* 7.00 26.00 19.00 1.559 11.12 0.035 0.069 0.303 includes 11.00 15.50 4.50 6.069 15.13 0.028 0.196 0.669 11ML04* 8.95 24.00 15.05 0.473 1.43 0.020 0.010 0.154 22ML08 22ML07 includes 8.95 15.
Slide 22: Motherlode North & Marguerite 2022 Drill Program
Motherlode North & Marguerite 2022 Drill Program Positive Magnetic Anomaly – Motherlode Pit Airborne TDEM Survey New Cu Discovery Area Fault Controlling Mineralization Trend Plenty of visible Fe oxide and Copper Major Fault – Graben Edge mineralization throughout the Pit Crown Grants Acquired & Awai
Slide 23: Motherlode North & Marguerite 2022 Drill Program
Motherlode North & Marguerite 2022 Drill Program Positive Magnetic Anomaly – Airborne TDEM Survey New Cu Discovery Motherlode Pit Area Fault Controlling Mineralization Trend Major Fault – Graben Edge Plenty of visible Fe oxide and Copper mineralization Crown Grants throughout the Pit Awaiting Transf
Slide 24: Motherlode North & Marguerite 2022 Drill Program
Motherlode North & Marguerite 2022 Drill Program Positive Magnetic Anomaly – Motherlode Pit Airborne TDEM Survey New Cu Discovery Area Fault Controlling Mineralization Trend Major Fault – Graben Edge Planned Drilling at the Motherlode Pit – Only a Single Hole since the 1960s Crown Grants Awaiting Tr
Slide 25: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems Fault bounded Tertiary grabens bordered by high grade metamorphic terranes Cored by West edge NA Land Package that is half the size of the entire city of Phoenix Paleozoic to Triassic Midway Motherlode North volcanics (b
Slide 26: Midway Mine – Dan Hurd Option
Midway Mine – Dan Hurd Option Sampling and Ground Geophysical Surveys Option to Purchase Mineral Rights from Dan Hurd – He keeps the Picturestone or Picture Rock Quarriable Rock rights Area of Interest TSXV: GZD | OTCQB: GZDIF | FWB: G6H 26
Slide 27: Midway Mine 2022 Exploration – Dan Hurd Option
Midway Mine 2022 Exploration – Dan Hurd Option Gold Samples Cr or V Backdrop of Geology Mica? Produced Ag-Au from 3 levels and small pit in the 1980s era Serpentinite - Listwanite Midway Mine Secondary Occurrence Breccia – Vein Zone Diorite Picturestone or Picture Rock Massive sulphide – pyrite, ars
Slide 28: Midway Mine 2022 – Ground Geophysics
Midway Mine 2022 – Ground Geophysics Sampling and Ground Geophysical Survey Serpentinite – Listwanite? Loupe EM – Time Domain EM with continuous readings and GPS much like the walking Magnetometer system that most of use today! Midway Mine Secondary Occurrence Possible northeast oriented faults? Dio
Slide 29: Midway Mine 2022 Exploration – Sample Results
Midway Mine 2022 Exploration – Sample Results Serpentinite - Listwanite Massive sulphide – pyrite, arsenopyrite, galena, sphalerite, Assay Highlights – more sampling has been conducted stibnite, electrum etc in multiple vein/fault breccia zones and structures TSXV: GZD | OTCQB: GZDIF | FWB: G6H 29
Slide 30: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems Fault bounded Tertiary grabens bordered by high grade metamorphic terranes Cored by West edge NA Land Package that is half the size of the entire city of Phoenix Paleozoic to Triassic Midway Motherlode North volcanics (b
Slide 31: Sappho Target 2022 – Sampling and Ground Geophysics
Sappho Target 2022 – Sampling and Ground Geophysics • Setting is the East Contact of the Toroda Total Magnetic Intensity – Graben with numerous pyroxenite- Airborne AeroTEM III monzonite-diorite (older) and younger QFP-diorite (Tertiary) intrusions into Ground Magnetic Positive intermediate-mafic vo
Slide 32: Sappho Target 2022 – Sampling and Ground Geophysics
Sappho Target 2022 – Sampling and Ground Geophysics • Ground Magnetic Survey helps Ground Magnetic Survey delineate likely faults and perhaps individual intrusive centers Main Showing • Certainly provides a better picture of Ground Magnetic Positive the local fault architecture Magnetic Anomalies •
Slide 33: Sappho Target 2022 – Sampling and Ground Geophysics
Sappho Target 2022 – Sampling and Ground Geophysics • PGEs and historical work Total Magnetic Intensity – • 2022 Exploration - A total of 17 samples Airborne AeroTEM III with > 100 ppb Pt and with > 100 ppb Pd Main Showing • A total of 11 samples with > 500 ppb Pt and > 500 ppb Pd • Maximum assays r
Slide 34: Grizzly Greenwood Drilling Highlights
Grizzly Greenwood Drilling Highlights 19 `Target Drillhole Interval Gold (g/t) Silver Copper% Copper (m) (g/t) *Eq% Ket 28 KT-1 6.1 8.91 Ket 28 94RM1-2C 3.35 52.18 Ket 28 9KT01 11.0 2.77 2.38 Ket 28 9KT02 2.0 11.9 3.2 Copper Mountain 10CM07 30.0 1.0 4.65 0.03 includes 10CM07 5.0 4.31 10.14 0.06 Copp
Slide 35: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems Fault bounded Tertiary grabens bordered by high grade metamorphic terranes Cored by West edge NA Land Package that is half the size of the entire city of Phoenix Paleozoic to Triassic Midway Motherlode North volcanics (b
Slide 36: Dayton Drilling & IP Target to Follow-up Drill Test
Dayton Drilling & IP Target to Follow-up Drill Test Interesting Low Grade Au and Cu in Main IP1 Chargeability Anomaly – But died out with depth Eastern IP2 Chargeability Anomaly – Provided more interesting results 0.4% CuEq over 51 m at surface with potassic alteration – No Follow-up Current Mill Fe
Slide 37: Dayton Drilling 2022 – Looking for Porphyry Type Intersections
Dayton Drilling 2022 – Looking for Porphyry Type Intersections Re-modelled Eastern IP2 Chargeability Anomaly – Seems to plunge north and more persistent at depth Completed 1,015 m in 4 holes 0.4% CuEq over 51 m at surface with potassic alteration – No Follow-up Microfractured and Sericite Alteration
Slide 38: Dayton Drilling 2022: Cu-Au Porphyry Type Intersections
Dayton Drilling 2022: Cu-Au Porphyry Type Intersections Re-modelled Eastern IP2 Chargeability Anomaly – Seems to plunge north and 2023 Target for more persistent at depth Follow Up Drilling 0.4% CuEq over 51 m at surface with potassic alteration – No Follow-up DH From m To m Width m* Au ppm Ag ppm C
Slide 39: Use of Proceeds for Exploration 2025
Use of Proceeds for Exploration 2025 Robocop A number of strong untested Cu-Co geochemical anomalies associated with EM anomalies potentially indicative of increased concentrations of sulphide mineralization Considering conducting follow-up ground geophysical surveys including but not limited to
Slide 40: Potential JV Opportunities? Greenwood Area and Surrounds
Potential JV Opportunities? Greenwood Area and Surrounds Phoenix Copper has Acquired the old GOM Package About 35,500 acres (all surrounded by Grizzlys land package) with numerous historical mines and four Lexington that produced in the last 40 years including Lexington, Golden Crown, Maymac and S
Slide 41: Greenwood Properties for Option
Greenwood Properties for Option Properties for Potential Option Active Exploration – Available for Option Either Permitted for Drilling or a Deposit away from being permitted • Dayton – Porphyry Target Active Exploration – Available for Option Not Permitted for Drilling • Ket 28 – Epithermal, Skarn,
Slide 42: Potential Deal Structures
Potential Deal Structures Flexible on Deal Structures – Food for Thought Option 1 Initial cash payment, with escalating cash payments over time Initial stock payment, with escalating stock payments over time Exploration Expenditures escalating over time A certain amount of payments, stock an
Slide 43: Contact Information
CONTACT INFORMATION Brian Testo (CEO) Nancy Massicote, Jim Greig, Director Corporate Development Corporate Development T: (780) 712-3559 T: (604) 507-3377 T: (778) 788-2745 E: [email protected] E: [email protected] E: [email protected] TSXV: GZD | OTCQB: GZDIF | FWB:
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