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A P R I L / M A Y 2 0 2 0
SOUTHERN BC
associated alteration has been observed
on the property in a complex structural
context. Planning is proceeding for a 2020
field program that would include an IP
geophysical survey followed by drilling.
Last year, Gold Lion Resources Inc.
[GL-CSE; 2BC-FWB] flew a 466-km air
-
borne magnetic survey over its Fairview
property
located approximately 45 km
west of Kamloops. Rock sampling com
-
pleted by the company during the 2019
field season returned
highly anomalous
copper and zinc mineralization with
results up to 1.48% and 1.24% copper as
well as 1.78% zinc.
Grizzly Discoveries Inc. [GZD-TSXV;
GZDIF-OTCQB; G6H-FSE] is exploring for
gold and base metals in southern BC. The
company has consolidated a previously
fragmented historic mining camp with
mineral claims covering approximately
180,000 contiguous acres in the Republic-
Greenwood Gold District abutting the
border with the United States.
Historically, the district produced an
aggregate of more than 6 million oz gold
prior to Grizzly's acquisition of the proj
-
ect. The Greenwood Project also sits less
than 10 km north of the past-producing
Buckhorn gold mine, owned by Kinross,
which had a 1.2 million oz. gold resource
at 16 g/t gold at start up in 2010. Work
conducted to date indicates a large por-
tion of the Greenwood Project covers a
continuation
of the same geological struc-
tures hosting Buckhorn. The company is
planning a drill program
in 2020 subject to
financing.
GSP Resource Corp. [GSPR-TSXV]
started the year by acquiring an option
to earn a 100% interest in the Alwin
copper-gold-silver project located in BC's
most prolific copper-producing region,
the Highland Valley near Logan Lake. The
Alwin property is approximately 575.72
hectares and rests adjacent to the western
boundary of the Teck Resources' Highland
Valley Copper Mine, the largest open pit
porphyry copper-molybdenum mine in
Canada. Alteration and mineralization of
the Highland Valley hydrothermal sys
-
tem extends westward from the Highland
