Mr. Brian Testo reports

GRIZZLY SAMPLES 299 G/T SILVER ALONG WITH ANOMALOUS COPPER, LEAD, ZINC, AND MOLYBDENUM AT ITS BEAVERDELL TARGET AT THE GREENWOOD, BC PRECIOUS AND BATTERY METALS PROJECT

Grizzly Discoveries Inc. has recently received assay results for a reconnaissance sampling program at the Beaverdell target part of the Greenwood precious and battery metals project in British Columbia.

Beaverdell sampling highlights:

• Large land package (of mineral claims (9,200 acres). Regional reconnaissance prospecting and sampling in July, 2025, with the collection of 50 rock grab samples;
• New molybdenum showing northwest portion of the property with 315 parts per million Mo in an area underlain by Jurassic alkalic intrusions;
• New copper showings southeast portion of the property with eight of 11 samples yielding greater than 100 parts per million copper up to a high of 434 ppm Cu in rock grab samples with anomalous lead up to 537 ppm Pb and zinc up to 922 ppm Zn;
• A new zinc-silver showing in rubble near the some of the infrastructure to the old historic Beaverdell mine site, which produced more than 25 million ounces of silver from the early 1900s up to 1991; a selective rock grab sample from a potential low-grade dump or stockpile returned 299 ppm Ag and 0.24 per cent Zn;
• Prior sampling at the Gold Drop showing has returned up to 51.4 ppm gold and 377 ppm Ag in selective rock grab samples from a small adit; new sampling about 200 metres to the east from a vein in outcrop has returned 21.3 ppm Ag and 1.98 per cent Zn from rock grab samples;
• Further exploration at a number of these targets is warranted.

Brian Testo, president and chief executive officer of Grizzly Discoveries, stated: "The assays announced today demonstrate that we continue to receive very exciting and encouraging exploration results. Grizzly has numerous high-grade gold-silver-copper-lead-zinc showings and historical mines. We have work permits in place for four of our targets and look forward to drilling in the fall of 2025, along with additional exploration for significant battery metal prospects, in our 170,000-plus-acre landholdings in the prolific Greenwood mining district.

Plans for fall 2025 exploration at Greenwood

Trenching and rock and soil sampling, along with drilling, at the Midway target area are being planned for the fall of 2025. The amount of drilling will depend upon the current financing that has been announced.

Additional results should be forthcoming over the next coming months as work progresses and will be presented in additional news releases.

Private placement

Grizzly has recently announced a private placement offering for gross proceeds of up to $1-million (see the company's news releases dated Sept. 11 and Oct. 10, 2025) in order to support planned exploration this fall.

The main focus of the private placement will be to conduct drilling and trenching at the Midway exploration target, targeting the historical Midway mine and conduct additional reconnaissance sampling across the project area.

Quality assurance and quality control

Rock and soil samples are being analyzed at ALS Global Laboratories (geochemistry division) in Vancouver, Canada (an ISO/IEC 17025:2017-accredited facility). Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (greater than 10 grams per tonne gold). Rock-grab and rock-chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.

The sampling program was undertaken by company personnel under the direction of Michael B. Dufresne, MSc, PGeol, PGeo. A secure chain of custody is maintained in transporting and storing of all samples.

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

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 hectares (approximately 180,000 acres) of precious and base metals properties in southeastern British Columbia. Grizzly is run by highly experienced junior resource sector management team, which has a record of advancing exploration projects from early exploration stage through to feasibility stage.

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