Grizzly Extends Gold-Silver Mineralization at Midway Mine Area and Identifies New Gold Occurrence at Sappho Critical Minerals Target Area Greenwood, BC

Grizzly Discoveries Inc. released preliminary results from a Phase 2 sampling program conducted in June 2026 at its Midway and Sappho targets in southeastern British Columbia. Trench sampling at the Midway Precious Metals and Critical Minerals Target extended the known surface extent of the Main Midway Mine trend, returning up to 22.8 g/t Au and up to 1,120 g/t Ag. Additional trench samples east of the main trend yielded up to 1.7 g/t Au, while southwest samples returned up to 2.7 g/t Au. A rock grab sample from outcrop 200 m west of the main Midway Mine returned 15.85 g/t Au and 1,530 g/t Ag.

At the Sappho Critical Minerals Target, follow-up sampling near a chargeability anomaly yielded 4.73 g/t Au from quartz float. The company plans to initiate drilling in fall 2026 (October to December) to test the historical Midway Mine, the Sappho chargeability anomaly, and targets within the Motherlode Critical Minerals Target area. Ground geophysical surveys (IP, magnetics, Loupe EM) are planned prior to drilling. Work was temporarily suspended due to high fire season but has resumed.

Grizzly Discoveries Inc. (GZD) released results on September 8, 2026, marking an incremental step in its ongoing exploration program. This announcement follows a period from April through August 2026 during which the company consistently highlighted high-grade grab and trench samples at the Midway and Sappho properties, alongside IP survey results that outlined chargeability anomalies.

The current findings extend previously announced surface mineralization and confirm the continuity of high-grade Au-Ag zones, aligning with management’s stated plan to advance targets to drill-ready status. No new financing, resource estimates, or strategic partnerships were announced with the release. The update serves as a preparatory measure ahead of the planned fall drilling campaign.

Grizzly Discoveries Inc. is an exploration-stage company focused on precious and critical metals in the Greenwood District of British Columbia. The company holds a contiguous land package of approximately 180,000 acres. Flagship targets include Midway, a historical high-grade Au-Ag deposit; Sappho, a Cu-Au-Ag-PGE skarn/porphyry; and Motherlode, a Cu-Co-Au-Ag target.

The project is in the advanced exploration phase, with active trenching, rock sampling, and geophysical surveys underway. Management aims to advance multiple targets to drill-ready status, with a focus on converting geophysical anomalies and high-grade surface showings into defined resources.