Grizzly Discoveries Inc. announced all assay results for the 2023 rock and soil samples collected from the Company's 172,000 acre Greenwood District including newly acquired and staked mineral claims in the Westbridge and Beaverdell areas, have been received. Significant and important high grade results for gold (Au), silver (Ag), copper (Cu), lead (Pb) and zinc (Zn) have been received from a number of important target areas explored during 2023 and prior to that 2022. The priority list of targets includes Midway (including the Midway Mine and the Lois area), Imperial, Crown Point, Copper Mountain (Mabel Jenny and Coronation), Sappho, Marshall Lake, Motherlode, Colby and Enterprise.

A number of these targets are new through acquisition and/or staking and have not been drill tested in decades if ever, including the Midway Mine, Lois, Imperial, Crown Point, Marshall Lake, Colby and Enterprise. The total of 103 rock grab samples were collected from outcrop and mineralized dump material across the new Marshall Lake mineral claims staked in August yielding 24 samples with >0.5 grams per tonne (g/t) gold (Au) (0.015 ounces per ton [opt] up to 154.5 g/t (4.51 opt) Au (including 15 samples >1 g/t Au), along with high silver (Ag) up to 205 g/t (5.98 opt) Ag and high copper up to 8.44% (%) Cu (Figures 1 and 2). The high gold values are often accompanied by high copper in the 0.1 to 0.6% range.

The anomalous values are associated with high sulphide (pyrite and chalcopyrite) material in what appears to be gossanous skarnified sedimentary rocks. Two new showings identified in 2023 near the historical Midway Mine including up 5.64 g/t Au (0.165 opt) from a showing 400 m to the north of Midway and up to 4.19 g/t Au (0.122 opt) from a grab sample collected about 375 m to the west of the Midway Mine. At least 6 new areas with anomalous gold (> 100 ppb), copper (>200 ppm) and silver in soils have been identified at Midway.

The Midway area is being targeted for copper-gold skarn and epithermal gold-silver. At Midway, selective rock grab and composite rock grab samples collected during 2022 from outcrop at the Midway Mine-Picturestone area, yielded a range of 12.05 g/t Au (or 0.351 opt) up to 70.8 g/t Au (2.065 opt) (See Company news release dated October 17, 2022). Three (3) of the 7 selective rock grab samples from the Midway Mine yielded from 1,360 g/t Ag (39.7 opt) up to 2,140 g/t Ag (62.4 opt).

All highly anomalous samples are from outcrop and characterized by the presence of abundant pyrite, arsenopyrite with visible galena and sphalerite in a siliceous chalcedonic host. Sulphide mineralization at the Colby and Enterprise historical workings is associated with quartz veins, breccia and skarnified/silicified sedimentary rocks and intrusions. The alteration patterns are consistent with intermediate sulphidation epithermal mineralization.

Imperial Mine Area. A total of 50 new rock grab and rock chip samples collected from the historical Imperial Mine area, with 6 samples returning greater than 1 g/t Au (0.,029 opt) up to 12.1 g/t Au (0.'t Au (0.353 opt) and 8 samples returning greater than 40 g/t Ag (1.167 opt) up to 469 g/t Ag (13.68 opt). The samples define a targeted strike length of over 170 m for future drilling.

The samples yield significant amounts of lead, zinc and copper and copper with several samples yielding significant amounts of lead, zinc & copper with several samples yielding greater than 2% combined base metals. Extensive soil sampling utilizing a conventional soil sampling utilizing a conventional soil samples. Extensive soil sampling using a conventional soil sampling utilizing a traditional soil sampling utilizing a conventional soil sample samples using a conventional soil sampling using a conventional soil samples with a conventional soil sampling utilizing a total of a conventional soil sampling utilizing a variety of a conventional soil sampling using a traditional soil sampling utilizing a total of lead and copper (1 g/t combined base metals.