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Grizzly Announces that a Crew Has Been Mobilized and Commenced Fieldwork at Greenwood, BC Precious and Battery Metals Project
Edmonton, Alberta--(Newsfile Corp. - November 19, 2025) - Grizzly Discoveries Inc. (TSXV: GZD) (...
About this update from Grizzly Discoveries Inc
[{"type":"text","content":"Grizzly Announces that a Crew Has Been Mobilized and Commenced Fieldwork at Greenwood, BC Precious and Battery Metals ProjectEdmonton, Alberta--(Newsfile Corp. - November 19, 2025) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (\"Grizzly\" or the \"Company\") is pleased to announce that it has recently mobilized a crew from APEX Geoscience Ltd. (APEX) to conduct fieldwork at a number of targets prior to conducting trenching and drilling subject to financing. The targets are part of the Greenwood, BC Precious and Battery Metals Project (Figure 1). In addition, the Company announces agreements with two arm's length creditors to settle outstanding cash debt with common shares of the Company, including completing the Midway Mine Option and paying interest on the promissory note issued May 15, 2025. In aggregate, the Company intends to issue 541,667 common shares of Grizzly in settlement of an aggregate $16,250 in outstanding debt.Midway HighlightsDrilling and trenching permit applications have recently been approved for the Midway, Sappho, Copper Mountain and Imperial target areas.The Midway area is being targeted for copper-gold skarn and epithermal gold-silver (Figure 2). At Midway, selective rock grab and composite rock grab samples from outcrop collected from the Midway Mine-Picturestone area, with 4 of 7 rock grab samples from outcropping mineralization in the Midway Mine historical pit yielding a range of 12.05 g/t (or 0.351 ounces per ton [oz/t]) Au up to 70.8 g/t (2.065 oz/t) Au (See Company news release dated October17, 2022).Three (3) of the 7 selective rock grab samples from the Midway Mine pits yielded from 1,360 g/t Ag (39.7 oz/t Ag) up to 2,140 g/T Ag (62.4 oz/t Ag) (see the Company news release dated October 17, 2022).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. The mineralization is hosted in polymetallic veins that display the presence of Pb, Zn, Cu, arsenic (As) and antimony (Sb) and are likely epithermal in nature.A selective rock grab sample from outcrop 200 m west of the main Midway Mine yielded 15.85 g/t Au (0.462 oz/t Au) and 1,530 g/T Ag (44.6 oz/t Ag), illustrating that there is potential for additional high-grade mineralization in the area (Figure 3)...