Mr. Brian Testo reports

GRIZZLY MOBILIZES FIELD CREW TO THE ROBOCOP COBALT-COPPER-SILVER PROPERTY, BC, ISSUES OPTIONS

Grizzly Discoveries Inc. has mobilized a field crew to the Robocop cobalt-copper-silver (Co-Cu-Ag) project near Roosville in southeast British Columbia. The field crew, provided by APEX Geoscience Ltd., will conduct a two-week surface exploration program in advance of a follow-up airborne geophysical survey.

The Robocop claims comprise 9,891 acres and are located in southeast British Columbia, approximately 45 kilometres south of Fernie and 70 kilometres southeast of Cranbrook (immediately north of the Canada-United States border). The property is located east of Grizzly's Greenwood property in southeastern British Columbia.

The board of directors of Grizzly has also authorized the issuance of an aggregate 1.05 million stock options to officers, directors and consultants of Grizzly at an exercise price of 10 cents and expiring on Aug. 13, 2023, or earlier (in accordance with the company's stock option plan).

Highlights for the Robocop property:

• The project comprises 9,891 acres in five mineral claims that are all road accessible (just off of Highway 93 in southeast British Columbia).
• Initial surface trenching in the late 1980s to early 1990s yielded up to 0.06 per cent cobalt and 1.93 per cent copper over six metres in one trench. In a separate trench, yields were up to 0.182 per cent Co, 2.44 per cent Cu and 9.6 grams per tonne silver in sediment-hosted mineralization within middle Proterozoic Purcell group rocks.
• A total of 15 drill holes in the area between 1990 and 2008 have yielded several intersections of near-surface Co-Cu-Ag mineralization with grades of up to 0.134 per cent Co, 1.19 per cent Cu and 33.8 g/t Ag over 1.23 metres of core length in hole R-1990-5, as well as 0.14 per cent Co, 0.9 per cent Cu and 2.7 g/t Ag over 3.1 metres of core length in hole R-1990-6.
• An intersection of 0.18 per cent Co, 0.28 per cent Cu and 4.1 g/t Ag over one metre of core length in hole R-2008-02 was also historically recorded.
• Sediment-hosted Co-Cu-Ag mineralization is similar in style, age and host rocks to eCobalt's Idaho cobalt project and Hecla's Revett formation hosted mineralization near Troy (Montana).

Prior work has identified areas within the Robocop property with significant historic Co-Cu-Ag-in-soil anomalies. Combined with historic drilling during the 1990s (Teck Explorations Ltd.) and early 2000s (Ruby Red Resources) that yielded significantly anomalous near-surface Co-Cu-Ag mineralization, the project warrants follow-up exploration, including additional drilling. The Co-Cu-Ag mineralization is hosted in Sheppard formation and is classified as mid-Proterozoic sediment-hosted mineralization. Based upon recent work by the USGS (United States Geological Survey), Robocop Co-Cu-Ag mineralization is similar in style and age of host rocks to mineralization in the Blackbird cobalt-copper-gold-silver district in Idaho, including eCobalt's Idaho cobalt project. Grizzly believes that significant potential exists to expand the known extent of the Co-Cu-Ag mineralization on the property and further exploration is warranted. In order to advance the project, Grizzly is planning to conduct a helicopter-borne magnetic and conductivity survey, a first for the Robocop property, to assist in identifying future drill targets.

Grizzly has commenced land-use permitting for drilling at the Robocop property, which is anticipated to be ready for a fall drilling campaign (if required).

Grant of stock options

The board of directors of Grizzly has also authorized the issuance of an aggregate 1.05 million stock options to officers, directors and consultants of Grizzly at an exercise price of 10 cents and expiring on Aug. 13, 2023, or earlier (in accordance with the company's stock option plan). Of the total options granted, 250,000 options authorized for issuance will be issued to insiders of Grizzly. All of the options will vest immediately upon issuance. The options, exercise price and the company's stock option plan are subject to the approval of the TSX Venture Exchange.

About Grizzly Discoveries Inc.

Grizzly Discoveries is a diversified Canadian mineral exploration company with its primary listing on the TSX-V with 62 million shares issued, focused on developing its precious and base metals properties in southeastern British Columbia, along with significant potash assets in Alberta. The company holds over 180,000 acres of precious base metal properties at its Greenwood project; additionally, Grizzly Discoveries holds 9,891 acres with Co-Cu-Ag mineralization at its Robocop property, both located in southeastern British Columbia. The company also holds more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

The content of this news release and the company's technical disclosure has been reviewed and approved by Michael Dufresne, MSc, PGeol, who is the qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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