Grizzly Discoveries Inc · TSXV:GZD
Grizzly Discoveries — Investor Presentation (February 2026)
32 slides from Grizzly Discoveries's investor presentation, February 2026
Slide 1: Grizzly Discoveries Inc.
Grizzly Discoveries Inc. A Canadian Exploration Company Base (Battery) & Precious Metals in British Columbia, Canada Edmonton, Alberta – February 2026 Michael Dufresne, M.Sc., P.Geol., P.Geo., President APEX Geoscience Ltd. TSXV: GZD | OTCQB: GZDIF | FWB: G6H
Slide 2: Forward Looking Statements
Forward Looking Statements ▪ This presentation contains certain “forward-looking statements”. Such forward-looking statements include, without limitation: ‐ estimates of future capital expenditures; ‐ estimates of resources and statements regarding future exploration results, timing and amount of es
Slide 3: Capital Structure
Capital Structure As of Mid 1Q 2026 TSX-V: GZD - FWB: G6H - OTCQB: GZDIF Share Structure Shares O/S: 206 Million Warrants/Options: 55 Million Shares FD: 261 Million Working Capital Treasury: $0.68 Million Share Price: $0.04 52-week High/Low: $0.04/$0.015 Market Cap: $8.2 Million Share Ownership Mana
Slide 4: The Mining Cycle
The Mining Cycle Opportunities to get to Mining Early This is where GZD Plays EXPLORATION TSXV: GZD | OTCQB: GZDIF | FWB: G6H 4
Slide 5: Metal Prices & Current Liquidity Squeeze
Metal Prices & Current Liquidity Squeeze • Cu & Au look great still and forecast long term is good. Co • Li, Co and other small use battery Li critical minerals susceptible to short term pain along with significant ups and downs with Technology changes • Terrible junior mining market due to equity s
Slide 6: Copper Stocks & Prices
Copper Stocks & Prices World Consumption is about 22 million tons of copper a year This is the metal to own in an electric world World Consumption in 2023 about 180,000 tons of lithium a year TSXV: GZD | OTCQB: GZDIF | FWB: G6H 6
Slide 7: Management & Directors
Management & Directors BRIAN TESTO DR. SOLOMON (SAM) JIM GREIG JO PRICE, M.Sc., MBA, P.Geo President, CEO, Director PILLERSDORF Director & Corporate Director Director Development Advisor Mr. Testo, founder of the Dr. Pillersdorf has been involved Mr. Greig holds an MBA from the Ms. Price is an indep
Slide 8: Grizzly Canadian Projects
Grizzly Canadian Projects Precious Metal & Battery Metal properties Covering 180,000 acres Focus Greenwood Project, Sappho Cu-Au- Ag-PGEs, Motherlode & Dayton Cu-Co-Au- Ag, Midway Ag-Au, Imperial Ag-Au, Copper Mt Cu-Au; Robocop Cu-Co-Ag Active exploration programs in 2022 – 2023; drilling & groundwo
Slide 9: Greenwood Properties – Precious & Base (Battery) Metals
Greenwood Properties – Precious & Base (Battery) Metals >180,000 acres At the turn of the 1900th Century – three Copper Smelters and the largest ~60 km x ~27 km producing Copper District in the Dominion Contiguous land package Copper Mtn Cu-Au-Ag Motherlode Cu-Au-Ag CanXGold Phoenix Processing Plant
Slide 10: Greenwood Properties for Option
Greenwood Properties for Option Properties for Potential Option Active Exploration – Available for Option Either Permitted for Drilling or a Deposit away from being permitted • Dayton – Porphyry Target Active Exploration – Available for Option Not Permitted for Drilling GZD Silver Targets • Ket 28 –
Slide 11: Potential Deal Structures
Potential Deal Structures Flexible on Deal Structures – Food for Thought Option 1 ▪ Initial cash payment, with escalating cash payments over time ▪ Initial stock payment, with escalating stock payments over time ▪ Exploration Expenditures escalating over time ▪ A certain amount of payments, stock an
Slide 12: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems ▪ Fault bounded Tertiary grabens bordered by high grade metamorphic Cu-Au-Ag +/- Pb, Zn terranes ▪ Cored by West edge NA Land package that is half the size of the entire city of Phoenix Paleozoic to Triassic Midway Motherlod
Slide 13: Republic Production on US side of the Camp
Republic Production on US side of the Camp The Greenwood Gold District aka Greenwood – Republic Gold District Republic GREENWOOD ▪ More than 6 Moz Au produced with significant Cu – 700 million pounds ▪ Golden Eagle (Calibre) & Knob Hill - Republic (Hecla) with more than 5 Moz in Resources Emmanuel C
Slide 14: Republic Production on US side of the Camp
Republic Production on US side of the Camp The Greenwood Gold District aka Greenwood – Republic Gold District Production Total = 7.2 Million Republic = 6.0 Moz oz Au Produced oz Au Without Added Discovery = 5.6 Moz Au in Resources Total Resources (Historic & Knob Hill CIM Compliant) Greenwood = 800,
Slide 15: Greenwood Claim Groups
Greenwood Claim Groups Grizzly 2021 - 2024 Active Exploration Exploration GZD Silver Targets • Restarted Exploration on all fronts Crown Point • Additional 6,000 Soil Samples Imperial • Additional 2,000 Rock Samples Marguerite • Additional 200 ln-km of Ground Geophysics - Magnetic and EM Loupe Surve
Slide 16: Number of Historical Mines that need Exploration
Number of Historical Mines that need Exploration Sylvestor K Sylvestor K Greenwood Looking North Looking South ▪ About 180,000 acres with a number of historical mines that could provide ore with some exploration including drilling and surface sampling ▪ Midway, Imperial, Marshall Lake, Sylvestor K,
Slide 17: Deposit Types & Conceptual Targets
Deposit Types & Conceptual Targets (Battery & Precious Metals) ◼ Cu-Au-Ag or Au-Ag Skarns – Intermediate to large tonnage targets, low grades to high grades ie Phoenix 27 Mt @ 1% Cu & 1 g/t Au (a $4.0 billion dollar target) and Motherlode 4.2 Mt @ 0.82% Cu, 1.27 g/t Au & 5 g/t Ag (a $0.5 to 1.0 bill
Slide 18: Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems
Paleozoic Grabens – Good Setting for Skarn, Porphyry’s & Epithermal Systems ▪ Fault bounded Tertiary grabens bordered by high grade metamorphic terranes ▪ Cored by West edge NA Land Package that is half the size of the entire city of Phoenix Paleozoic to Triassic Midway Motherlode North volcanics (b
Slide 19: Sappho Target 2026 – IP, Sampling, Drilling & Ground Geophysics
Sappho Target 2026 – IP, Sampling, Drilling & Ground Geophysics • Setting is the East Contact of the Toroda Total Magnetic Intensity – Graben with numerous pyroxenite- Airborne AeroTEM III monzonite-diorite (older) and younger QFP-diorite (Tertiary) intrusions into Ground Magnetic Positive intermedi
Slide 20: Sappho Target 2026 – IP, Sampling, Drilling & Ground Geophysics
Sappho Target 2026 – IP, Sampling, Drilling & Ground Geophysics • Ground Magnetic Survey helps Ground Magnetic Survey delineate likely faults and perhaps individual intrusive centers Main Showing • Certainly provides a better picture of Ground Magnetic Positive the local fault architecture Magnetic
Slide 21: Sappho Target 2026 – IP, Sampling, Drilling & Ground Geophysics
Sappho Target 2026 – IP, Sampling, Drilling & Ground Geophysics • PGEs and historical work Total Magnetic Intensity – • 2022 Exploration - A total of 17 samples Airborne AeroTEM III with > 100 ppb Pt and with > 100 ppb Pd Main Showing • A total of 11 samples with > 500 ppb Pt and > 500 ppb Pd • Maxi
Slide 22: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics • Setting is the East Contact of the Toroda Total Magnetic Intensity – Airborne AeroTEM III Looking for Skarn Graben with numerous pyroxenite- monzonite-diorite (older) and younger & Porphyry style QFP-diorite (Tertiary) intrusions into mineralization interm
Slide 23: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics • Setting is the East Contact of the Toroda Graben with numerous pyroxenite- Tertiary Sediments Looking for Skarn monzonite-diorite (older) and younger And Volcanics East Edge Toroda Graben & Porphyry style QFP-diorite (Tertiary) intrusions into intermediate
Slide 24: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics TSXV: GZD | OTCQB: GZDIF | FWB: G6H 24
Slide 25: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics IP Chargeability Looking for Skarn & Porphyry style mineralization TSXV: GZD | OTCQB: GZDIF | FWB: G6H 25
Slide 26: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics Looking for Skarn & Porphyry style mineralization Resistivity (Conductive) Anomaly TSXV: GZD | OTCQB: GZDIF | FWB: G6H 26
Slide 27: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics Looking for Skarn & Porphyry style mineralization Chargeability Anomaly TSXV: GZD | OTCQB: GZDIF | FWB: G6H 27
Slide 28: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics IP Chargeability for SE Sappho Area – New Target IP Chargeability Anomaly at Depth – SE Sappho New Porphyry Target TSXV: GZD | OTCQB: GZDIF | FWB: G6H 28
Slide 29: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics IP Resistivity (Conductive) Anomaly Associated with Skarn and Surface Mineralization – Also Centered on DHs 10SP002 and 10SP003 Conductive Zone Lines 9600 and 9700 TSXV: GZD | OTCQB: GZDIF | FWB: G6H 29
Slide 30: Sappho Target 2026 – IP Ground Geophysics
Sappho Target 2026 – IP Ground Geophysics IP Resistivity (Conductive) Anomaly Associated with Skarn and Surface Mineralization – Also Centered on DHs 10SP002 and 10SP003 Conductive Zone Lines 9600 and 9700 TSXV: GZD | OTCQB: GZDIF | FWB: G6H 30
Slide 31: Grizzly Greenwood Drilling Highlights
Grizzly Greenwood Drilling Highlights 19 `Target Drillhole Interval Gold (g/t) Silver Copper% Copper (m) (g/t) *Eq% Ket 28 KT-1 6.1 8.91 Ket 28 94RM1-2C 3.35 52.18 Ket 28 9KT01 11.0 2.77 2.38 Ket 28 9KT02 2.0 11.9 3.2 Copper Mountain 10CM07 30.0 1.0 4.65 0.03 includes 10CM07 5.0 4.31 10.14 0.06 Copp
Slide 32: Contact Information
CONTACT INFORMATION Brian Testo (CEO) Nancy Massicotte, Jim Greig, Director Corporate Development Corporate Development T: (780) 712-3559 T: (604) 315-1455 T: (778) 788-2745 E: info@grizzlydiscoveries.com E: nancy@grizzlydiscoveries.com E: jgreig@grizzlydiscoveries.com TSXV: GZD | OTCQB: GZDIF | FWB
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