Canadian Exploration Company Focused on Developing Exploration Assets in British Columbia

EDMONTON, ALBERTA – May 16, 2018 -- Grizzly Discoveries Inc. (TSX-V: GZD; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has acquired, subject to TSX Venture Exchange approval, five mineral claims in Southeastern BC pursuant to a Letter of Agreement announced on March 27, 2018.  

The acquired claims, covering 9,891 acres and known as the Robocop Property, are located in southeastern British Columbia, approximately 45 kilometres (km) south of Fernie and 70 km southeast of Cranbrook, and immediately north of the Canada-USA border. The property is located east of Grizzly’s Greenwood Property in southeastern British Columbia.

The arm’s length vendors and the Company have signed a Purchase Agreement (“Agreement”) dated May 11, 2018 whereby Grizzly acquires a 100% interest in the Robocop Property subject to a 3% net smelter royalty (“NSR”) by issuing to the Vendors 2,000,004 units, with each unit consisting of one common share of Grizzly and one transferrable share purchase warrant.  Each warrant will entitle the holder to acquire one further common share of GZD at an exercise price of $0.14 for a period of 3 years from the date of issuance.

The Robocop Property carries a 3% NSR in favour of certain of the vendors, and, under the terms of the Agreement, Grizzly has the right to purchase up to 2% of the NSR (down to 1% NSR) within two years after the delivery of a positive Feasibility Study for the Property, for the amount of $1,500,000.

The Agreement has been approved by the Company’s Board of Directors and has been submitted to the TSX Venture Exchange for approval.  Upon receipt of TSX Venture Exchange approval, the Company intends to close the purchase agreement by issuing the units.

ABOUT THE ROBOCOP PROPERTY

Areas with significant historic cobalt-copper-silver (Co-Cu-Ag) in soil anomalies have been identified on the Robocop Property. Additionally, historic drilling during the 1990’s (Teck Explorations Ltd.) and early 2000’s (Ruby Red Resources) has yielded near surface grades of up to:

  • 0.18% Co, 0.28% Cu, 4.1 grams per tonne (g/t) Ag over 1 m core length (Pighin, 2009), and
  • 0.134% Co, 1.19% Cu and 33.8 g/t Ag over 1.23 m core length (Thomson, 1990)

 for individual core samples. The Co-Cu-Ag mineralization is hosted in Sheppard Formation and is classified as Proterozoic sediment hosted mineralization. Grizzly believes that significant potential exists to expand the known extent of the known Co-Cu-Ag mineralization on the Property and further exploration is warranted.  Grizzly is currently evaluating proposals for flying a helicopter airborne magnetic and conductivity survey, a first for the Robocop Property, to assist in identifying future drill targets, subject to financing.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 59.2 million shares issued, focused on developing its precious metals properties in southeastern British Columbia, and significant Potash and Diamond assets in Alberta.  The Company holds or has an interest in: over 180,000 acres of precious-base metal and cobalt properties in British Columbia; metallic and industrial mineral permits for potash totalling more than 60,000 acres along the Alberta-Saskatchewan border, and more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta. 

The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – May 9, 2018 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”), has provided Grizzly with the proposed 2018 work program on the Grizzly Greenwood property, located near Greenwood in southern British Columbia. Kinross is planning a 1,200 metre (m) drill program at the Midway target in summer 2018. The program is a continuation of the 2017 proof-of-concept drilling which intersected silicification, alteration, anomalous geochemistry and minor quartz veining in 2 out of 3 holes along strike, warranting follow-up exploration.

The portion of Grizzly’s 100% owned Greenwood Project being explored by Kinross consists of 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood. Under the terms of a September 2015 option agreement, KG Exploration (Canada) Inc. can earn a 75% interest on this portion of Grizzly’s land holdings by incurring US$3 million in exploration expenditures including a minimum of 3,000 m of diamond drilling by the fifth anniversary of the option agreement (September 23, 2020).  Kinross has met the second anniversary requirements and incurred over US$750,000 in expenditures including 1,129 m of diamond drilling.

Highlights of 2017 Kinross Exploration Program at Midway

The Midway target is hypothesized to be an Eocene-aged system developed within Triassic clastic sediments and limestone, and Jurassic (possibly) hornblende diorite intrusions, all unconformably overlain by Eocene Kettle River Formation sediments and Marron volcanics.

A thick blanket of massive silica occurs at the basal Eocene unconformity, with remnant outcrops dispersed intermittently over a 1 x 1 km area, in some places replacing Triassic limestone. The massive silica contains anomalous trace element geochemistry, with common disseminated marcasite and uncommon cm-scale banded marcasite clasts.

Widespread alteration and local silicification occur in the footwall of the unconformity. Two separate zones have been discovered: zone 1 is a 200 m long by 50-75 m wide zone of silicification, with peripheral alteration and multiple narrow (up to 0.5 m) chalcedonic quartz (+/-quartz breccia) veins. A second similar zone of alteration and veining is located 200 m to zone 1. The target areas were further delineated via a large soil anomaly over the exposed target area. 

Rock chip and drill hole results indicate predominately argillic, and lesser propylitic alteration. Kaolinite dominates the argillic suite. The strongest zone of alteration is centered on a silicified fault near the irregular clastic/intrusive contact.   Multiple narrow (to 0.5 m) chalcedonic quartz (+/- quartz breccia) veins occur within the broader zone of silicification.  Values of up to 4.2 ppm Au have been recovered from these veins.

Kinross Planned Activities for Evening Star and Generative Exploration

Additional field exploration and generative work is planned throughout the Greenwood property in 2018, to identify exploration targets for testing.  

Evening Star is a geochemically anomalous basin that forms the headwaters of Skeff Creek (a known placer gold creek) and is located immediately north and adjacent to the Attwood drusy quartz veins (drill tested by Kinross in 2017). Glacial dispersion may contribute to the geochemical footprint, however exploration will continue until the source is identified. 2017 work involved detailed geologic mapping of over 900 outcrops, and rock chip sampling of specific alteration and mineralization styles. The mapping provided geologic context to the soil anomalies at Evening Star, which will be evaluated further in 2018.

Grizzly 2018 Proposed Work Programs 

Grizzly has submitted three Notices of Work (NOW) programs to the BC government.  The planned programs cover planned exploration including drilling at the Ket 28, Motherlode and Dayton target areas, all of which lie outside of the option agreement with Kinross. The Company will provide updates as funding and acceptance of these NOWs progress.

 

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 59.2 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds over 180,000 acres of precious-base metal properties in British Columbia; more than 160,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 60,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo

CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                      or            Ian Lambert

IR PRO COMMUNICATIONS INC.                                               COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                             Tel: 416-840-9843

Toll Free: 1-866-503-3377                                                              Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – March 27, 2018 -- Grizzly Discoveries Inc. (TSX-V: GZD; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has entered into a Letter of Intent (”LOI”) with a private group (the “Vendors”) to purchase the Cobalt-Copper-Silver “Robocop Property”, located within the Fort Steele Mining District in southeastern British Columbia.

The Robocop Property (the “Property”) is located in southeastern British Columbia, approximately 45 kilometres (km) south of Fernie and 70 km southeast of Cranbrook, and is immediately north of the Canada-USA border. The Property is comprised of 5 mineral claims totalling 9,891 acres. The property is located east of Grizzly’s Greenwood Property in southeastern British Columbia.

Areas with significant historic cobalt-copper-silver (Co-Cu-Ag) in soil anomalies have been identified on the Robocop Property. Additionally, historic drilling during the 1990’s (Teck Explorations Ltd.) and early 2000’s (Ruby Red Resources) has yielded grades of up to 0.18% Co, 0.28% Cu, 4.1 parts per million (ppm) Ag over 1 m core length (Pighin, 2009) and 0.134% Co, 1.19% Cu and 33.8 ppm Ag over 1.23 m core length (Thomson, 1990) for individual core samples. The Co-Cu-Ag mineralization is hosted in Sheppard Formation and is classified as Proterozoic sediment hosted mineralization. Grizzly believes that significant potential exists to expand the known extent of the known Co-Cu-Ag mineralization on the Property and further exploration is warranted.

Under the terms of the LOI, Grizzly would acquire a 100% interest in the Robocop Property subject to a 3% net smelter royalty (“NSR”) by issuing to the Vendors 2,000,000 units, with each Unit consisting of one common share of Grizzly and one transferrable share purchase warrant. Each warrant will entitle the holder to acquire one further share of GZD at an exercise price of $0.14 for a period of 3 years from the date of issuance.

The Property carries a 3% NSR and, under the terms of the LOI, Grizzly has the right to purchase up to 2% of the NSR (down to 1% NSR) within two years after the delivery of a positive Feasibility Study for the Property, for the amount of $1,500,000.

Pursuant to signing the LOI, the Company will conduct due diligence and work to enter into a definitive agreement to complete the transaction. The definitive agreement is subject to approvals by the Board of Directors and acceptance by the TSX Venture Exchange.

Brian Testo, CEO of Grizzly, commented “We have been able to negotiate a favourable purchase of 100% interest in the Robocop Property, which we believe will provide an excellent cobalt exploration opportunity for Grizzly. It is in the same region of BC as our Greenwood Property, where we have excellent relationships with the First Nations, and years of operating experience. We feel that the historic sampling and drill results are very significant, and that this Property has excellent potential for the discovery of a Co-Cu-Ag deposit. Our first step will be to undertake exploration including an airborne survey and drilling leading to an initial resource estimate.”

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 58.7 million shares issued, focused on developing its precious metals properties in southeastern British Columbia, and significant Potash and Diamond assets in Alberta. The Company holds, or has an interest in: over 180,000 acres of precious-base metal and cobalt properties in British Columbia; metallic and industrial mineral permits for potash totalling more than 60,000 acres along the Alberta-Saskatchewan border, and more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,
Grizzly Discoveries Inc.

Brian Testo
President
(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – March 6, 2018 -- Grizzly Discoveries Inc. (TSX-V: GZD; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has submitted permit applications to conduct drilling at three targets, all located within its Greenwood Project area in southern B.C., including the Ket28, Motherlode North and Dayton targets.

The primary focus of the Company's planned exploration activities during 2018 will be drilling at the Ket 28 gold target with the intent to outline a maiden resource. Exploration drilling is also planned for the Motherlode precious metal target and the Dayton copper-gold porphyry target, but will be dependent on financing activities. Additional follow up surface exploration is planned for a number of mineralized target areas that have yielded copper-cobalt geochemical anomalies in surface sampling obtained through the Company's previous exploration.

The Company also announces that it has, since February 1, 2018, received gross proceeds of $142,075 and issued 1,961,000 common shares pursuant to the exercise of outstanding warrants and options with exercise prices between $0.05 and $0.075 per common share.

Ket 28 Geology and Prior Results

At the Ket28, Grizzly and other explorers have intersected anomalous gold associated with sulphide bearing silicified sediments, hornfels and skarn. The gold mineralization is associated with several structures at the edge of a strong positive ovoid aeromagnetic anomaly that is 2 km in length by 1 km in width and is likely indicative of an underlying intrusion. The Ket 28 target is approximately 13 km northwest of Kinross' Buckhorn gold mine which is hosted in a pyroxene skarn south of the Canada-US border.

Historic exploration in the 1990's by other explorers at the Ket 28 prospect, which is located within the Rock Creek claim group of the Greenwood Project, yielded high grade gold including up to 52.19 grams per tonne of gold (“g/t Au”) over 3.35 m core length. Drilling by Grizzly in 2009 and 2010 at the Ket 28 target following up the historic drilling in the mid 1990`s yielded up to 2.77 g/t Au over 11 m core length and 8.75 g/t Au over 3 m with a higher grade zone of 11.90 g/t Au over 2 m core length. Wider intervals of lower grade mineralization were also intersected as well with 1.02 g/t Au over 13.5 m core length and 1.19 g/t Au over 10.35 m core length. The gold mineralization intersected by prior explorers and Grizzly is considered open along strike and to depth.

The Company has submitted an application to the BC Ministry of Mines to conduct drilling and other exploration at the Ket 28 target with approximately 2,500 m in 10 to 12 drill holes planned for 2018. The proposed drill program will target the gold-prospective zone in the central portion of the Ket 28 target area, with the intention of developing a maiden mineral resource estimate and expanding the currently defined limits of gold mineralization. The initial Ket 28 drill program is expected to cost approximately $500,000 and is subject to financing.

Motherlode Geology and Prior Results

North of the historic Motherlode mine, drilling of a coincident magnetic and electromagnetic anomaly in 2011 yielded a new gold discovery with the intersection of 1.56 g/t Au and 11.12 g/t silver (Ag) across 19.0 m core length with a high grade zone of 17.15 g/t Au, 41.7 g/t Ag, 0.56% lead (Pb) and 1.51% zinc (Zn) across 1.5 m core length in hole 11ML03. Drillhole 11ML05, collared 40 m northeast of 11ML03, yielded similar results, with 1.64 g/t Au and 3.15 g/t Ag across 14.85 m core length with a higher grade zone of 6.79 g/t Au, 11.1 g/t Ag and 1.04% Zn across 1.5 m core length. Hole 11ML04, drilled beneath 11ML03, yielded 0.51 g/t Au and 1.02 g/t Ag over 13.5 m core length with a higher grade zone of 3.43 g/t Au, 2.90 g/t Ag and 0.8% Zn over 1.5 m core length.

The Au-Ag-Zn-Pb intersections in drillholes 11ML03, 11ML04 and 11ML05 are associated with fine grained pyrite, sphalerite and galena in chlorite-biotite altered hornfelsed late Paleozoic to Triassic sedimentary rocks adjacent to a small alkalic intrusion. Breccia zones and silicification are common in the hornfels zone. Small sections of marble and skarn with elevated precious and base metals were intersected in all three holes. Further drilling is being planned for the Motherlode North discovery. The Company has submitted an application to the BC Ministry of Mines to conduct drilling and other exploration at the Motherlode North target area.

Dayton Geology and Prior Results

Grizzly's Greenwood Property is considered highly prospective for the presence of copper porphyries similar to those which have recently been discovered in northwestern and central British Columbia. A recent strategic review has identified a number of prospects that have geological characteristics and, in some cases, mineralization that is indicative of copper porphyry style mineralization. The Dayton prospect, on which exploration was conducted by the Company between 2009 and 2011 including drilling, yielded strong evidence of copper-gold porphyry style mineralization.

A total of 1,021 soil samples indicated a strong northwest-trending copper-gold anomaly approximately 450 m by 200 m with more than 100 of the samples containing from 100 parts per million (ppm) copper (Cu) up to 1,225 ppm Cu, along with 40 samples containing greater than 50 parts per billion Au. Surface mapping in the area identified a number of occurrences of pyrite and chalcopyrite, locally associated with high Cu and Au grades, in association with strongly hornfelsed volcanics, sediments and alkaline intrusions, along with local skarn. An Induced Polarization survey identified a number of high quality positive chargeability anomalies, a couple of which are associated with the soil anomaly.

A drilling program conducted in 2010 intersected up to 0.03% Cu and 0.18 g/t Au over 96 m of core length, including a higher grade zone of 0.38% copper equivalent (CuEq) over 8.1 m core length. In subsequent drilling conducted in 2011, a second eastern IP anomaly with a weak associated Cu-Au soil anomaly was drill tested and yielded 0.22% CuEq over 117 m of core length, with a high grade zone of 0.42% CuEq (0.15% Cu, 0.43 g/t Au and 0.81 g/t Ag) over 51 m near the top of the hole. These drill holes intersected the Cu-Au-Ag mineralization in large alteration and breccia zone with grades that compare favourably to the reported grades for a number of recently discovered Cu porphyries in northwest BC.

Potential for Cobalt Mineralization

During late 2017, the Company performed an initial review to see if its land holdings were prospective for the presence of cobalt (Co). The strategic review identified the presence of at least 13 rock grab samples with greater than 0.05%, including up to 0.10% Co, from at least five separate target occurrences across the eastern half of Grizzly's Project area. The database shows an additional 31 rock grab samples that have yielded assays of between 0.02 and 0.05% Co. Maps showing the anomalous values and locations for Co at the Project are provided on the Company's website by clicking the following link: Grizzly Discoveries Cobalt Maps:

http://www.grizzlydiscoveries.com/index.php/projects/bc-precious-metals/greenwood-cobalt

A preliminary review of the sample database indicates that many of the rock samples with anomalous Co also contain anomalous values for Cu and precious metals including Au and Ag. In many cases, the samples with anomalous Co were collected from Cu-enriched skarn and hornfels developed in Paleozoic sediments and intrusions, where the original sampling targeted precious metals. Grizzly has initiated a property wide review, including its extensive soil and drillhole database along with much of the historic data for the district that it has compiled over the years. The goal will be to target potential Co-Cu-Au-Ag mineralization associated with skarn across the district and come up with targets for follow-up exploration during summer and fall 2018.

Brian Testo, President and CEO of Grizzly, stated “We are excited that with the ongoing recovering of the mining sector during 2018, that we will now be able to push forward with our plans to expand the mineralization identified at Ket 28 and other targets in the Greenwood Project area. In addition, we look forward to our phase 1 surface exploration program focused on cobalt.”

Warrant and Options Exercised

During the third fiscal quarter-to-date (beginning February 1, 2018), the Company has received gross proceeds of $132,075 from the exercise of 1,761,000 outstanding warrants issued in private placements in 2016 and 2017, each with an exercise price of $0.075 per common share. Additionally the Company has received gross proceeds of $10,000 pursuant to an optionee exercising 200,000 stock options with an exercise price of $0.05 per common share issued in 2017 under the Company's stock option plan. The exercise of these warrants and options has resulted in the issuance of 1,961,000 common shares of the Grizzly.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 58.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 60,000 acres along the Alberta-Saskatchewan border; over 180,000 acres of precious-base metal properties in British Columbia; and more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – March 2, 2018 -- Grizzly Discoveries Inc. (TSX-V: GZD; Frankfurt: G6H) ("Grizzly" or the "Company")is pleased to announce that it has been advised by Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) that Kinross has completed its 2017 work program on the Grizzly Greenwood property, located near Greenwood in southern B.C. The 2017 work program has confirmed, with drilling, the presence of precious metal mineralization at the Midway and Mt Attwood-Overlander target areas.

Executives of Grizzly will be attending the PDAC 2018 International Convention, Trade Show & Investors Exchange at the Metro Toronto Convention Centre on March 4 through March 7, 2018 and can be found at Booth 3020 in the Investors Exchange Exhibit space.

Highlights of the 2017 Kinross Exploration Program

The 2017 exploration program focused primarily on core drilling at the Midway and Mt Attwood-Overlander target areas. In addition, surface sampling and geologic mapping were carried out at the Midway, Attwood West and Mt. Attwood - Overlander target areas. A total of 1,129 m of core drilling was completed in 7 holes, with 3 holes at the Midway target area and 4 holes at the Mt Attwood – Overlander target area. Kinross completed approximately CA$401,523 worth of exploration during 2017 and are planning a follow up program for 2018.

Drilling at Midway yielded anomalous gold including up to 9.7 grams per tonne (g/t) gold (Au) over 0.8 m core length from a narrow massive sulphide zone. Both skarn and epithermal indicators were intersected at Midway both with occasional low-grade gold. Kinross has indicated that further drilling is warranted at Midway to follow up untested alteration and mineralization.

Drilling at Mt Attwood – Overlander targeted two veins and intersected 2.87 g/t Au over 1.0 m core length in a drusy quartz vein in hole 1. A surface grab sample collected during 2016 from the same vein returned 16.85 g/t Au. Kinross has indicated that further work is recommended for the Mt Attwood-Overlander area proximal to the stream silt geochemical anomalies discovered during the 2016 exploration program. Kinross has not recommended any further drilling at Mt Attwood – Overlander in 2018 due to the narrow intersections of veins intersected to date, even though several gold-bearing quartz veins remain un-tested.

The portion of Grizzly’s Greenwood Project explored by Kinross is 100% owned by Grizzly Discoveries Inc. and includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood. Under the terms of a September 2015 agreement, KG Exploration (Canada) Inc. can earn a 75% interest on the optioned land pursuant to an Option Agreement with Grizzly on portions of its land holdings in southeastern British Columbia, by incurring US$3 million in exploration expenditures over a 5 year period. By the second anniversary of the agreement, Kinross completed the initial 750 metres of diamond drilling and US$750,000 in expenditures required as at September 23, 2017.

Planned 2018 Kinross Exploration Program

Kinross will continue exploration efforts in 2018 with additional drilling planned at Midway, follow up work in the Mt. Attwood-Overlander area, and continue regional evaluation and prospect/target generation.

Brian Testo, President and CEO of Grizzly, stated “We are excited that Kinross has intersected skarn mineralization at the Midway Target. Skarn is the host to the Buckhorn gold mineralization that Kinross has concluded mining on in the Republic area south of the border. We look forward to further drilling by Kinross during 2018 at Midway.”

Changes in Management – Board of Directors and Advisory Committee

Pursuant to the Company’s AGM held on February 6, 2018, the Company’s Board of Directors consists of three incumbent Directors: Brian Testo (President & CEO), Sam Pillersdorf, and Ray Wytinck.  Mr. Doug Turnbull and Mr. Fraser Atkinson opted not to stand for re-election to the Company’s Board at the AGM, however both have been retained by the Board as Advisers, joining Mr. Gregory Aharonian who was appointed as an Advisor on January 12, 2018.  Brian Testo, President and CEO of Grizzly, stated “we want to thank Doug, one of the founding Directors of Grizzly, and Fraser for their service as Directors to Grizzly, and look forward to continuing to work with both of them in this new advisory capacity.”

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 56.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds or has an interest in: metallic and industrial mineral permits for potash totaling more than 60,000 acres along the Alberta-Saskatchewan border; over 180,000 acres of precious-base metal properties in British Columbia; and more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – January 12, 2018 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that the Board of Directors has appointed Mr. Gregory Aharonian as an Advisor to the Board. 

Mr. Aharonian is considered a leading expert on patent quality, technology valuation and technology financing and specializing in, among other areas, renewable energy and eco-friendly mineral extraction.  He has advised corporations, law firms, and financial firms for over 25 years with regard to identifying, evaluating, and financing new technologies, particularly technologies with legitimate and defendable patent and trade-secret protections.

Mr. Aharonian is co-author of the book “Patenting Art & Entertainment” (Nolo Press, 2004), and for 24 years has published the Internet Patent News Service, read by technology companies and lawyers around the world. In 2014, American Law Magazine named Mr. Aharonian one of 50 “Intellectual Property Trailblazers & Pioneers”.  He is also the inventor of several groundbreaking technologies.

Mr. Aharonian will be assisting the Board to develop financial strategies for Grizzly to leverage and augment its physical and intellectual properties and to obtain cost-effective financing.  “We are pleased to have the opportunity to work with Gregory.” Brian Testo, President and CEO of Grizzly, stated. “We believe that Gregory’s unique talents, expertise, and contacts will be valuable assets to Grizzly going forward.”

In conjunction with Mr. Aharonian’s appointment as an Advisor, the Board of Directors has authorized the issuance of 300,000 stock option under the Company’s stock option plan.  The options are exercisable at $0.10 and will expire on January 12, 2023 or earlier in accordance with the provisions of the Company’s stock option plan.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 55.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds over 227,000 acres of precious-base metal properties in British Columbia; more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 60,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo, CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                      or            Ian Lambert

IR PRO COMMUNICATIONS INC.                                         COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                   Tel: 416-840-9843

Toll Free: 1-866-503-3377                                          Email:This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – December 15, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that, based upon recent price increases and interest in Cobalt (“Co”) for the battery manufacturing market, it has commenced a review of its extensive sampling database for its 227,000 acre Greenwood Project in south-central B.C. An initial review shows the presence of at least 13 rock grab samples with greater than 500 parts per million (ppm), including up to 986 ppm, Co from at least five separate target occurrences across the eastern half of Grizzly’s Project area. The database shows an additional 31 rock grab samples that have yielded assays of between 200 and 500 ppm Co. Maps showing the anomalous values and locations for Co at the Project are provided below and on the Company’s website by clicking the following link: Grizzly Discoveries Cobalt Maps.

A preliminary review of the sample database indicates that many of the rock samples with anomalous Co also contain anomalous values for copper (Cu) and precious metals including gold (Au) and silver (Ag). In many cases, the samples with anomalous Co were collected from Cu-enriched skarn and hornfels developed in Paleozoic sediments and intrusions, where the original sampling targeted precious metals. Grizzly has initiated a property wide review, including its extensive soil and drillhole database along with much of the historic data for the district that it has compiled over the years. The goal will be to target potential Co-Cu-Au-Ag mineralization associated with skarn across the district and come up with targets for follow-up exploration during 2018.

As disclosed in the Company’s October 2nd, 2017 news release, Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) has notified Grizzly that it has completed its 2017 work program, including drilling, and that it is currently preparing a report and finalizing plans for additional work in 2018. Kinross expects to complete its assessment report and filing in early 2018. A summary of results from the 2017 program will be provided once received from Kinross.   The following work was completed in 2017:

  • 1,129 metres diamond drilling at Mt Attwood-Overlander and Midway areas
  • Generative work of mapping and sampling of high priority targets
  • Cumulative expenditure total US $761,520

Kinross has met its second anniversary obligations pursuant to the September 23, 2015 Greenwood option agreement.

PRIVATE PLACEMENT OF UNITS

Grizzly also announces that it has closed a private placement (the “Offering”) by the issuance of 1,200,000 units of the Company (“Units”) at a price of $0.05 per Unit for gross proceeds of $60,000.  Each Unit consists of one common share of the Company (“Common Share”) and one non-transferable warrant (“Warrant”) with each Warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.075 per Common Share until the earlier of :  (a) 30 days following the issuance of a news release by the Company that the trading price of the Common Shares on the TSX Venture Exchange is at or greater than $0.12 per Common Share for 10 consecutive trading days; and (b) December 15, 2019.

400,000 of the 1,200,000 Units sold were purchased by an insider of the Company.  No finder fee or commissions were paid in connection with the Offering.  The Company intends to use the proceeds of the Offering for general working capital.

The Common Shares and any Common Shares issued on exercise of the Warrants will be subject to restrictions on trading until April 16, 2018 in accordance with the policies of the TSX Venture Exchange.  Following closing of the Offering, the Company has 56,729,405 Common Shares issued and outstanding.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 55.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds over 227,000 acres of precious-base metal properties in British Columbia; more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 60,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo, CEO, President
Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.          
Ian Lambert
COO, Grizzly Discoveries Inc.
Tel: 416-840-9843
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.                                                 

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

GZD Greenwood Co Rocks EAST n83z11 13Dec2017
Greenwood East Cobalt in Rocks

GZD Greenwood Co Rocks WEST n83z11 13Dec2017
Greenwood West Cobalt in Rocks

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – October 3, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has been advised by Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) that it has completed its 2017 work program on the Grizzly Greenwood property, located near Greenwood in southern B.C.  

The portions of Grizzly’s Greenwood Project being explored by Kinross are 100% owned by Grizzly Discoveries Inc. and includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood. Under the terms of a September 2015 agreement, KG Exploration (Canada) Inc. can earn a 75% interest on the optioned land pursuant to an Option Agreement with Grizzly on portions of its land holdings in southeastern British Columbia, by incurring US$3 million in exploration expenditures over a five year period. By the second anniversary of the agreement, 750 metres of diamond drilling must have been completed along with US$750,000 in expenditures by September 23, 2017.

KINROSS Reports Completed 2017 Work Program Highlights

  • 1,129 metres diamond drilling at Mt Attwood-Overlander and Midway areas
  • Generative work of mapping and sampling of high priority targets
  • Cumulative expenditure total US $761,520

Kinross expects to complete an Assessment Report for the Greenwood Property by early 2018.  By the completion of the aforementioned work program and drilling, Kinross has met its second anniversary obligations pursuant to the September 23, 2015 Greenwood option agreement.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 55.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds over 227,000 acres of precious-base metal properties in British Columbia; more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 40,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo, CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                      or            Ian Lambert

IR PRO COMMUNICATIONS INC.                                               COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                             Tel: 416-840-9843

Toll Free: 1-866-503-3377                                                              Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – September 6, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCBB: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company) has arranged a private placement of up to 5,000,000 units at a price of five cents per unit, for gross proceeds of up to $250,000. Each unit consists of one common share of the company and one non-transferrable warrant with each warrant entitling the holder to acquire one additional common share at an exercise price of 7.5 cents per common share until the earlier of : (a) 30 days following the issuance of a news release by the company that the trading price of the common shares on the TSX Venture Exchange is at or greater than 12 cents per common share for 10 consecutive trading days; and (b) 24 months from the date of issuance.

A portion of the private placement may be completed in accordance with the exemption set out in Alberta Rule 45-516 Prospectus Exemptions for Retail Investors and Existing Security Holders, or similar regulations in other jurisdictions, pursuant to the terms and conditions of this news release and Alberta Rule 45-516. Grizzly shall make the pro-rata offer available to all persons in eligible jurisdictions who, as of the record date of Sept. 1, 2017, held at least one common share. In accordance with the requirements of the Security Holder Exemption, the company confirms there is no material fact or material change related to the company which has not been generally disclosed.

In connection with the private placement, where permitted by applicable securities legislation, any units sold to purchasers referred to the company by registered broker dealers, limited market dealers, or other eligible arm's length persons may result in a cash commission in an amount equal to 10 per cent of the gross proceeds of the units sold to such referred purchasers, to be paid out of the gross proceeds of units to the finder at closing. As additional consideration, the company may issue to the finder common share purchase warrants entitling the finder to purchase an additional number of common shares equal to 10 per cent of the aggregate number of units sold by the finder in the private placement on the same terms as the warrants included in the respective units sold. Subject to regulatory approval, each finder warrant will be exercisable to acquire one common share at the corresponding exercise price of 7.5 cents or 10 cents for a period of 24 months after the closing date, subject to the acceleration.

The net proceeds from the sale of the units will be used for general corporate and working capital purposes. All common shares issued under the private placement and any common shares issuable upon exercise of warrants will be subject to a four-month hold period from the date of issue in accordance with applicable laws and regulations. The private placement is subject to acceptance of the TSX Venture Exchange.

ABOUT GRIZZLY DISCOVERIES INC.
Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 55.4 million shares issued, focused on developing its 235,000 acres of precious metals properties in southeastern British Columbia.

On behalf of the Board,
Grizzly Discoveries Inc.

Brian Testo
CEO, President
(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.comor contact:

Nancy Massicotte, Investor Relations
IR PRO COMMUNICATIONS INC.  
Tel: 604-507-3377  
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

Ian Lambert
COO, Grizzly Discoveries Inc.
Tel: 416-840-9843
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
                                                  


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – July 7, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCBB: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") announces that the Board of Directors has granted stock options (“Options”) to directors, officers, and consultants of the Company to acquire up to an aggregate 2,300,000 common shares of the Company (“Shares”) under the Company’s Stock Option Plan, of which 1,400,000 were granted to insiders of the Company.  The Options are exercisable at a price of $0.05 per Share, vest immediately upon issuance, and expire on July 7, 2022 or earlier in accordance with the provisions of the Company’s Stock Option Plan.  The grant of options and the exercise price are subject to approval by the TSX Venture Exchange.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 55.4 million shares issued.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

CEO, President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.comor contact:

Nancy Massicotte, Investor Relations                      or            Ian Lambert

IR PRO COMMUNICATIONS INC.                                               COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                             Tel: 416-840-9843

Toll Free: 1-866-503-3377                                                              Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

EDMONTON, ALBERTA – June 28, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has been advised by Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) that it has approved its 2017 work program on the Grizzly Greenwood property, located near Greenwood in southern B.C. The 2016 work program yielded identification of epithermal and skarn precious metal mineralization at the Mt Attwood-Overlander and Midway target areas, which will be a continuing focus of the 2017 program.

The portions of Grizzly’s Greenwood Project being explored by Kinross are 100% owned by Grizzly Discoveries Inc. and includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood. Under the terms of a September 2015 agreement, KG Exploration (Canada) Inc. can earn a 75% interest on the optioned land pursuant to an Option Agreement with Grizzly on portions of its land holdings in southeastern British Columbia, by incurring US$3 million in exploration expenditures over a five year period. By the second anniversary of the agreement, 750 metres of diamond drilling must be completed along with US$750,000 in expenditures by September 23, 2017.

Planned 2017 Work Program Highlights

  • 1,250 metres diamond drilling at Mt Attwood-Overlander and Midway areas
  • Generative work of mapping and sampling of high priority targets
  • Planned expenditure totals US $352,000

Summary of 2016 Kinross Results

The 2016 exploration program focused primarily at the Mt Attwood-Overlander and Midway target areas and included trenching, soil, rock and stream sediment sampling, geological mapping, along with geochemical analysis and reporting. Exploration at the Mt Attwood-Overlander and Midway target areas yielded newly-identified epithermal precious metal and skarn mineralization, as well as confirmation and extension of epithermal and skarn alteration and mineralization discovered during 2015.

Fieldwork conducted at five separate target areas took place between May 1 and October 5, 2016. A total of 3,131 soil samples, 411 rock samples and 34 stream silt samples were collected, as well as 12 trenches were excavated during the 2016 program. A total of 421 field man-days of work were conducted during the period.

At Mt Attwood-Overlander, the newly discovered quartz veins included extensions to the two veins discovered in 2015 which bring the number of veins discovered in 2015 and 2016 to seven. Visible gold (Au) was found at one new vein with historic assays in the area up to 37.9 g/t gold.

At Midway, the area was subdivided into four target areas including the Texas-Bruce, a previously known skarn area. One of the sub areas is a newly identified epithermal silicification occurrence, and another sub-area is defined by a gold in soil anomaly in the northwest portion of the area.

2017 Kinross Work Program

Kinross has approved further exploration including up to 1,250 metres of drilling, focusing on 3 high priority targets,in the Midway and Attwood-Overlander target areas . Generative follow-up is also scheduled to the northeast of the Texas skarn showing.

MIDWAY

The primary objective of the 2017 program is to proof-of-concept drill test the Midway epithermal target area to determine if deposit signatures and grade are continuous at depth. The Midway program is comprised of 750 metres of diamond drilling (3-5 ~200m drill holes).

MT ATTWOOD-OVERLANDER

The primary objective of the 2017 program is to proof-of-concept drill test beneath the gold bearing Attwood drusy quartz veins, to determine if deposit signatures and grade are continuous at depth. The Mt Attwood-Overlander program is comprised of 500 metres of diamond drilling (3-5 ~100m drill holes)

GENERATIVE

The primary objective of the 2017 Kinross generative program and target delineation work is to test high priority and quality targets. . Generative work and target delineation will be undertaken at 4 high priority target areas:

1. Midway – continue mapping and sampling the area with low sulfidation epithermal signatures

2. Attwood A– geologic mapping of strong geochemically anomalous area to better define deposit type and potential

3. North Target – geologic mapping and sampling of an underexplored skarn in prospective rocks with historic gold anomalies

4. Attwood B– geologic mapping and sampling of historic gold soil anomalies with potential for VMS or Skarn type deposit

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 220,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo, CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                      or            Ian Lambert

IR PRO COMMUNICATIONS INC.                                               COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                             Tel: 416-840-9843

Toll Free: 1-866-503-3377                                                              Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – March 31, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") announces that it has closed the first tranche of a private placement (the “Offering”) by the issuance of 2,760,000 non-flow-through units of the Company (“Units”) at a price of $0.05 per Unit for gross proceeds of $138,000.  Each Unit consists of one common share of the Company (“Common Share”) and one non-transferable warrant (“Warrant”) with each Warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.075 per Common Share until the earlier of :  (a) 30 days following the issuance of a news release by the Company that the trading price of the Common Shares on the TSX Venture Exchange is at or greater than $0.12 per Common Share for 10 consecutive trading days; and (b) March 31, 2019.

800,000 of the 2,760,000 Units sold were purchased by insiders of the Company.  The Company paid a cash finder fee of $3,800 and issued 76,000 finders warrants with terms equivalent to the Warrants to eligible persons in connection with the Offering.  The Company intends to use the proceeds of the Offering for general working capital.

The Common Shares and any Common Shares issued on exercise of the Warrants will be subject to restrictions on trading until August 1, 2017 in accordance with the policies of the TSX Venture Exchange.  Following closing of the Offering, the Company has 55,348,605 Common Shares issued and outstanding.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 55.3 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 205,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 250,000 acres along the Alberta-Saskatchewan border.

On behalf of the Board,
Grizzly Discoveries Inc.

Brian Testo
CEO, President
(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.comor contact:

Nancy Massicotte, Investor Relations
IR PRO COMMUNICATIONS INC.            
Tel: 604-507-3377      
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com
Ian Lambert
COO, Grizzly Discoveries Inc.
Tel: 416-840-9843 
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – March 3, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") has issued the first payment of shares to AGORA Internet Relations Corp. (“AGORA”) pursuant to a “shares for services” advertising agreement with AGORA (the “Agreement”) announced on February 23, 2017. The TSX Venture Exchange has accepted the Agreement.

The Company issued 180,800 common shares to AGORA for a deemed value of $9,040 based on the closing price of the Company’s common shares on the TSX Venture Exchange on March 1, 2017. The deemed value includes $1,040 in HST.

The Agreement requires additional share payments to AGORA in common shares of the Company with aggregate value of $32,000 plus HST in equal quarterly installments with the next payment due subsequent to June 1, 2017. The common shares have been issued to AGORA in reliance upon available prospectus exemptions and are subject to restrictions on trading until July 3, 2017 in accordance with the policies of the TSX Venture Exchange.

About AGORACOM

AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. More than just lip service, AGORACOM is the home of more than 808K investors that visited 5.6 million times and read 52.4 million pages of information every year (Average 2008 - 2015).

AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.

AGORACOM Founder, George Tsiolis, publishes the leading blog on small to mid-cap investor relations. His 50 Small-Cap CEO Lessons are a must read for CEO's looking to increase their education and knowledge about online investor relations.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.6 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 205,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 250,000 acres along the Alberta-Saskatchewan border.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo

CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                 or         Ian Lambert

IR PRO COMMUNICATIONS INC.                            COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                         Tel: 416-840-9843

Toll Free: 1-866-503-3377                                             Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

 This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

 

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – February 23, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company")is pleased to announce that it has entered into an agreement (the “Agreement”) with AGORA Internet Relations Corp.("AGORA") in order to increase awareness about Grizzly Discoveries Inc. via the web to the investment community.

The Company will receive significant exposure through millions of content brand insertions on the AGORA network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as AGORACOM TV, the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise the brand awareness of the Company among small cap investors.

Brian Testo, President and CEO of Grizzly stated, "AGORA is a top player in the online marketing space. We are delighted to have retained their services to expand our presence to the resource investor."

Shares for Services Program

The Company intends to issue shares for services to AGORA in exchange for the online advertising, marketing and branding services ("Advertising Services"). Pursuant to the terms of the Agreement, the Corporation will be issuing, subject to regulatory acceptance, common shares of Grizzly (“Shares”) with aggregate value of $40,000 (plus HST) over the one year term of the Agreement. The Shares, subject to regulatory acceptance, will be issued in five tranches:

-        Shares valued at $8,000+HST upon commencement of the Agreement (March 1, 2017)

-        Shares valued at $8,000+HST following each three month period during the term of the Agreement

The number of shares to be issued at the end of each period will be determined by using the closing price of the Shares of the Company on the TSX Venture Exchange on the first trading day following each period for which the Advertising Services were provided by AGORA, subject to a minimum price of $0.05 per share. Each issuance of shares for Advertising Services by AGORA is subject to TSX Venture approval.

The term of the Agreement is for 12 months effective March 1, 2017. The Company will issue a press release upon each issuances of shares under the terms of the agreement.

 

About AGORACOM

AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. More than just lip service, AGORACOM is the home of more than 808K investors that visited 5.6 million times and read 52.4 million pages of information every year (Average 2008 - 2015).

AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.

AGORACOM Founder, George Tsiolis, publishes the leading blog on small to mid-cap investor relations. His 50 Small-Cap CEO Lessons are a must read for CEO's looking to increase their education and knowledge about online investor relations.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 205,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 101,000 acres along the Alberta-Saskatchewan border.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo

CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                 or         Ian Lambert

IR PRO COMMUNICATIONS INC.                            COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                         Tel: 416-840-9843

Toll Free: 1-866-503-3377                                             Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

 

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

 

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – February 15, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce a private placement (the "Private Placement") of up to 5,000,000 non-flow-through units (the "Units") at a price of $0.05 per Unit, for gross proceeds of up to $250,000, and up to 4,500,000 flow-through units (the "FT Units") at a price of $0.07 per FT Unit, for gross proceeds of up to $315,000.

Each Unit is comprised of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant with an exercise price of $0.075 per Common Share (“Unit Warrant”). Each FT Unit is comprised of one Common Share issued as a “flow-through” share pursuant to the Income Tax Act (Canada) (“FT Share”) and one Common Share purchase warrant with an exercise price of $0.10 per Common Share (“FT Unit Warrant”). Each of the Unit Warrants and FT Unit Warrants (collectively, the “Warrants”) will entitle the holder to acquire one additional Common Share at the corresponding exercise price, for a period of two years from the date the Units or FT Units are issued (the “Closing Date”) or, if during the exercise period of the warrants, but after the resale restrictions on the shares have expired, the Company's shares trade at or above a weighted average trading price of $0.12 per share on the TSX Venture Exchange for 10 consecutive trading days, the Company may accelerate the expiry time of the Warrants by issuing a news release and giving written notice to holders of Warrants stating that the Warrants will expire 30 days from the date of such notice (“Acceleration”).

If fully subscribed, the Private Placement will result in the sale and issuance of 9,500,000 Common Shares and 9,500,000 Warrants for aggregate gross proceeds of $565,000.

The Units and FT Units shall be sold to persons eligible pursuant to available prospectus and registration exemptions. A portion of the Units may be sold to eligible purchasers in accordance with the exemption set out in Alberta Rule 45-516 Prospectus Exemptions for Retail Investors and Existing Security Holders, or similar regulations in other jurisdictions, (the "Security Holder Exemption") pursuant to the terms and conditions of this news release and Alberta Rule 45-516. Grizzly shall make the pro-rata offer available to all persons in eligible jurisdictions who, as of the record date of February 14, 2017, held at least one Common Share . In accordance with the requirements of the Security Holder Exemption, the Company confirms there is no material fact or material change related to the Company which has not been generally disclosed.

The Private Placement securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.

In connection with the Private Placement, where permitted by applicable securities legislation, any Units or FT Units sold to purchasers referred to the Company by registered broker dealers, limited market dealers, or other eligible arm’s length persons (individually, a “Finder”) may result in a cash commission in an amount equal to 10% of the gross proceeds of the Units or FT Units sold to such referred purchasers, to be paid out of the gross proceeds of Units to the Finder at closing. As additional consideration, the Company may issue to the Finder Common Share purchase warrants (the “Finder Warrants”) entitling the Finder to purchase an additional number of Common Shares equal to 10% of the aggregate number of Units and FT Units sold by the Finder in the Private Placement on the same terms as the Warrants included in the respective Units or FT Units sold. Subject to regulatory approval, each Finder Warrant will be exercisable to acquire one common share at the corresponding exercise price of $0.075 or $0.10 for a period of 24 months after the Closing Date, subject to the Acceleration.

The gross proceeds received by the Company from the sale of the FT Shares included in the FT Units will be used to incur Canadian Exploration Expenses that are “flow-through mining expenditures” (as such terms are defined in the Income Tax Act (Canada)) on the Company’s properties in British Columbia, which expenses will be renounced to the subscribers with an effective date no later than December 31, 2017, in the aggregate amount of not less than the total amount of the gross proceeds raised from the sale of FT Shares. The price of the FT Units shall be allocated as $0.069 per FT Share and $0.001 per FT Unit Warrant, or such other allocation that is finally determined by agreement between the Company and the Canada Revenue Agency.

The gross proceeds on the sale of FT Units shall be expended on surface exploration leading to drilling of targets on the Ket 28, Motherlode and Dayton areas of the Company’s Greenwood Project in British Columbia. The net proceeds from the sale of the Units will be used for general corporate and working capital purposes. All Common Shares issued under the Private Placement and any Common Shares issuable upon exercise of Warrants or FT Unit Warrants will be subject to a four month hold period from the date of issue in accordance with applicable laws and regulations. The Private Placement is subject to acceptance of the TSX Venture Exchange.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 220,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo

CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                 or         Ian Lambert

IR PRO COMMUNICATIONS INC.                            COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                         Tel: 416-840-9843

Toll Free: 1-866-503-3377                                             Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – February 6, 2017 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has been advised by Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) that it has completed its 2016 work program on the Grizzly Greenwood property, located near Greenwood in southern B.C. The 2016 work program has yielded identification of epithermal and skarn precious metal mineralization at the Mt Attwood-Overlander and Midway target areas.

The portions of Grizzly’s Greenwood Project being explored by Kinross is 100% owned by Grizzly Discoveries Inc. and includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood. Under the terms of a September 2015 agreement, KG Exploration (Canada) Inc. can earn a 75% interest on the optioned land pursuant to an Option Agreement with Grizzly on portions of its land holdings in southeastern British Columbia, by incurring US$3 million in exploration expenditures over a 5 year period. By the second anniversary of the agreement, 750 metres of diamond drilling must be completed along with US$750,000 in expenditures by September 23, 2017.

Highlights of 2016 Kinross Exploration Program

The 2016 exploration program focused primarily at the Mt Attwood-Overlander and Midway target areas and included trenching, soil, rock and stream sediment sampling, geological mapping, along with geochemical analysis and reporting. Exploration at the Mt Attwood-Overlander and Midway target areas yielded newly-identified epithermal precious metal and skarn mineralization, as well as confirmation and extension of epithermal and skarn alteration and mineralization discovered during 2015.

Fieldwork conducted at five separate target areas took place between May 1 and October 5, 2016. A total of 3,131 soil samples, 411 rock samples and 34 stream silt samples were collected, as well as 12 trenches were excavated during the 2016 program. A total of 421 field man-days of work were conducted during the period. Further work is recommended at the Mt Attwood-Overlander and Midway target areas.

Mt Attwood – Overlander Area

The newly discovered quartz veins included extensions to the two veins discovered in 2015 (see Grizzly news release dated April 18, 2016) which bring the number of veins discovered in 2015 and 2016 to seven. Visible gold (Au) was found at one new vein with historic assays in the area up to 37.9 g/t gold.

  • Discoveries of new quartz veins in 2016 include extensions to two veins found in 2015, in combination with four additional veins define an area/corridor nearly 0.5 x 0.25 km. In total, seven new veins have been discovered in 2015/2016.
  • Visible gold was found at one of the veins, potential exists for extensions and parallel veins to the vein with visible gold as well as a number of the other vein sets nearby.
  • The prospective quartz veins, and to a degree associated alteration, are hosted in what is mapped as Permian Attwood Group Limestones, with several bedding parallel and cross cutting intrusions in the vicinity. The historic Overlander mesothermal vein to the southwest is hosted in the Attwood group clastic sediments and volcanics.
  • More than 1,900 soil samples were collected at Mt Attwood–Overlander, with over 8% >50ppb and 3% >100ppb gold. Similarly, nearly 9% of the 179 rock samples yielded gold assays >1 g/t, with grab samples up to 20 g/t, and chip samples ranging from 5 to 13 g/t over lengths ranging from 0.5 up to 1 metre.
  • Nearly 75% of the 30+ stream silt samples collected at the project yield anomalous samples with a number of 1 g/t gold level assays. These samples warrant follow up exploration to determine the source of the multiple drainage anomalies.

Midway Area

At Midway, the area was subdivided into four target areas including the Texas-Bruce, a previously known skarn area. One of the sub areas is a newly identified epithermal silicification occurrence, and another sub-area is defined by a gold in soil anomaly in the northwest portion of the area.

  • All of the areas are underlain by Triassic Brooklyn formation sedimentary rocks with extensive Eocene and older intrusive rocks.
  • Over 900 soil samples were collected at Midway, nearly 4% of samples yielded > 50 ppb gold, a quarter of which assayed >100 ppb gold up to 859 ppb gold.
  • Over 200 rock samples were collected from the Midway area, nearly 7% yielded > 1 g/t gold, and a number of chip samples from the Texas area yielded significant gold grades ranging from 6 to 11 g/t gold (along with copper) over widths ranging from 0.5 to 1.2 m .
  • Although the Texas and Bruce targets yield most of the highest assays, they have been drilled historically, the mineralization is narrow and is significantly disrupted along strike. East of the Texas-Bruce area, exploration during 2016 found evidence of a widespread intermittent silica cap over a significant distance with gold in rock chip assays up to 4.17 g/t. Further work including drilling is warranted.
  • Although the gold assay results from rock samples within the widespread and intensely silicified area are modest, there is extensive alteration along with gold in soil anomalies and anomalous As, Hg, Sb and Mo indicative of epithermal mineralization. Silica caps in carbonate terrain do not always yield high gold but targets may exist at depth or along strike.
  • A significant zone of low grade gold related to an altered intrusion was identified by a gold in soil anomaly in the northwest portion of the target area.

2017 Proposed Kinross Work Program

Kinross will continue exploration efforts in 2017 with continued regional evaluation, prospect/target generation along with detailed field mapping and surface sampling leading to potential drill programs in 2017.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 220,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo

CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                      or           Ian Lambert

IR PRO COMMUNICATIONS INC.                                             COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                        Tel: 416-840-9843

Toll Free: 1-866-503-3377                                                         Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – September 6, 2016 -- Grizzly Discoveries Inc. (TSX-V: GZD; Frankfurt: G6H; OTCPK: GZDIF) ("Grizzly" or the "Company")is pleased to announce that it is in receipt of its Phase 1 exploration results from APEX Geoscience Ltd. (APEX) for its summer 2016 ground geophysical exploration program in the Buffalo Head Hills of Northern Alberta. Grizzly has significant land holdings of over 220,000 acres of metallic and industrial mineral permits for its Diamond Project in and around the Buffalo Head Hills area of north-central Alberta. Grizzly’s permits contain seven kimberlites, of which two, the BE-02 and BE-03, are considered highly diamondiferous and warrant future bulk sampling.

  • Grizzly completes Phase 1 ground geophysics program in core Buffalo Head Hill Permits
  • Identifies two priority kimberlite targets for future drilling and other targets for further surveys
  • Planning a Phase 2 ground geophysics program along with winter drilling

Buffalo Head Hills Diamond Property, Alberta

Phase 1 Exploration Results and Planned Exploration

Grizzly engaged APEX of Edmonton, Alberta to conduct a number of ground geophysical surveys during June and July on a number of targets within its main block surroundingthe K5, K6, K11, K14, K91 and K252 kimberlite pipes. A total of 76 Line-km’s of ground magnetic surveying was conducted at a total of eight grids covering nine coincident lidar – magnetic targets. Further surveys are being planned at a number of additional targets that were not easily accessible during the 2016 program due to the wet conditions encountered this summer.

The ground geophysical surveys yielded two priority kimberlite drill targets along with at least three other lower priority targets that warrant follow-up exploration including additional magnetic and/or electromagnetic or gravity surveys prior to evaluation by drill testing. Grizzly is planning follow up ground geophysical surveys during late fall, 2016 and into the winter months.

Grizzly is also planning a winter drill program to test the newly identified priority kimberlite drill targets identified in the recent Phase 1 work, as well as a number of targets in close proximity to the highly diamondiferous BE-02 and BE-03 kimberlites.

Buffalo Head Hills Diamond Property, Alberta

A Renewed Interest in diamonds

Renewed interest in diamond exploration during 2015 and 2016 has prompted re-evaluation of Grizzly’s Buffalo Head Hills Diamond Project in north-central Alberta, which is located approximately 330 kilometres northwest of Edmonton and is easily accessed during summer and winter by a large network of roads and cutlines. Based upon an internal review of all data, the Company has staked additional permits of highly prospective lands for diamond-bearing kimberlites in the Buffalo Head Hills area.Grizzly’s total land position includes 11 permits that encompass approximately 220,000 acres.

To date, 41 kimberlites have been discovered in the Buffalo Head Hills kimberlite field; an area of approximately 2,500 km2 representing the third largest known district of significant diamond-bearing kimberlites in Canada. The diamondiferous kimberlite field has generated exploration interest due to the large kimberlite dimensions (up to 45 ha), encouraging diamond contents (up to 55 carats per hundred tonnes) and high ratio of diamondiferous to barren kimberlites (28 of 41 kimberlites contain diamonds). Five bodies have undergone mini-bulk and bulk sampling (between 22 and 616 tonnes): K6, K11, K14, K91 and K252. These kimberlites are currently being explored in a joint venture between Canterra Minerals Corp., Shore Gold Inc. and Encana Corp. with Canterra operator of the joint venture. Grizzly holds the rights to much of the lands that immediately surround the K6, K11, K14, K91 and K252 kimberlite pipes.

Grizzly began exploration in the Buffalo Head Hills kimberlite field during the early 2000’s. The Company undertook numerous airborne and ground geophysical surveys along with extensive heavy mineral indicator surveys, which resulted in the discovery of three new diamondiferous kimberlite bodies in 2008 and 2009, bringing the total number of kimberlites within Grizzly’s Buffalo Head Hills Diamond Project to seven. The new discoveries included the highly diamondiferous BE-2 and BE-3 kimberlites which warrant bulk sampling.

The potential for discovery of additional diamondiferous kimberlites within Grizzly’s Buffalo Head Hills properties is considered high, based upon the favourable regional geological setting and the positive results of exploration conducted to date, including the identification of numerous priority geophysical targets. Grizzly’s past work has shown that the focus should be on kimberlites with a weak magnetic signature with or without an accompanying electromagnetic, gravity and/or seismic signature, which have tended to yield better diamond counts in the Buffalo Head Hills kimberlite field.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in Greenwood, British Columbia; more than 220,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

Grizzly has a 2015 option with Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) whereby Kinross can earn a 75% interest on approximately 67,571 acres of optioned land pursuant to an Option Agreement with Grizzly on approximately 30% of its Greenwood precious metal land holdings in southeastern British Columbia, by incurring US$3 million in exploration expenditures over a 5-year period. In addition, Golden Dawn Minerals Inc. is in the process of consummating a purchase of the Lexington and Golden Crown mine and processing plant near Greenwood from Huakan International Mining Inc. and is planning to evaluate re-starting the mine, which is currently on care and maintenance. Grizzly owns much of the mineral claims that surround the Lexington – Golden Crown Project and is the single largest mineral titles owner in the Greenwood District.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – June 13, 2016 -- Grizzly Discoveries Inc. (TSX-V: GZD; Frankfurt: G6H; OTCpink: GZDIF) ("Grizzly" or the "Company") is pleased to announce that it has mobilized a crew to Northern Alberta to perform a number of ground geophysical surveys on its Buffalo Head Hills diamond project land holdings in Alberta. Grizzly has significant land holdings of over 220,000 acres of metallic and industrial mineral permits in and around the Buffalo Head Hills area of north-central Alberta. Grizzly’s permits contain seven kimberlites of which two, the BE-02 and BE-03, are considered highly diamondiferous and warrant future bulk sampling.

Buffalo Head Hills Diamond Property, Alberta

A Renewed Interest in diamonds

Renewed interest in diamond exploration during 2015 and 2016 has prompted re-evaluation of Grizzly’s Buffalo Head Hills Diamond Project in north-central Alberta, which is located approximately 330 kilometres northwest of Edmonton and is easily accessed during summer and winter by a large network of roads and cutlines. Based upon an internal review of all data, the Company has staked additional permits of highly prospective lands for diamond-bearing kimberlites in the Buffalo Head Hills area.Grizzly’s total land position includes 11 permits that encompass approximately 220,000 acres.

To date, 41 kimberlites have been discovered in the Buffalo Head Hills kimberlite field; an area of approximately 2,500 km2 representing the third largest known district of significant diamond-bearing kimberlites in Canada. The diamondiferous kimberlite field has generated exploration interest due to the large kimberlite dimensions (up to 45 ha), encouraging diamond contents (up to 55 carats per hundred tonnes) and high ratio of diamondiferous to barren kimberlite (28 of 41 kimberlites contain diamond). Five bodies have undergone mini-bulk and bulk sampling (between 22 and 616 tonnes): K6, K11, K14, K91 and K252. These kimberlites are currently being explored in a joint venture between Canterra Minerals Corp., Shore Gold Inc. and Encana Corp. with Canterra operator of the joint venture. Grizzly holds the rights to much of the lands that immediately surround the K6, K11, K14, K91 and K252 kimberlite pipes.

Grizzly began exploration in the Buffalo Head Hills kimberlite field during the early 2000’s. The Company undertook numerous airborne and ground geophysical surveys along with extensive heavy mineral indicator surveys, which resulted in the discovery of three new diamondiferous kimberlite bodies in 2008 and 2009, bringing the total number of kimberlites within Grizzly’s Buffalo Head Hills Diamond Project to seven. The new discoveries included the highly diamondiferous BE-02 and BE-03 kimberlites which warrant bulk sampling.

The potential for discovery of additional diamondiferous kimberlites within Grizzly’s Buffalo Head Hills properties is considered high, based upon the favourable regional geological setting and the positive results of exploration conducted to date, including the identification of numerous priority geophysical targets. Grizzly’s past work has shown that the focus should be on kimberlites with a weak magnetic signature with or without an accompanying electromagnetic, gravity and/or seismic signature, which have tended to yield better diamond counts in the Buffalo Head Hills kimberlite field.

Grizzly has engaged APEX Geoscience Ltd. of Edmonton, Alberta to conduct a number of ground geophysical surveys over the next month on targets within its main block surroundingthe K6, K11, K14, K91 and K252 kimberlite pipes. The results of the work will be reported as they become available.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 220,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

 

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – June 2, 2016 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCBB: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has appointed Mr. Andre Dallaire as an Advisor to the Board of Directors of the Company.  Mr. Dallaire is a former Canadian diplomat, having served as consul and assistant trade commissioner for ten years in the US, Turkey, Peru and France.  Mr. Dallaire subsequently worked as a financial advisor and consultant to Saudi Aramco in Saudi Arabia and Bahrain Telecom in Bahrain.  Mr. Dallaire currently resides in Panama and has been an active investor in gold and other mineral resources stocks since 2008.

The Company also announces that the Board of Directors has granted stock options (“Options”) to directors, officers, and consultants of the Company to acquire up to an aggregate 2,200,000 common shares of the Company (“Shares”) under the Company’s Stock Option Plan, of which 1,400,000 were granted to insiders of the Company.  The Options are exercisable at a price of $0.075 per Share, vest immediately upon issuance, and expire on June 2, 2021 or earlier in accordance with the provisions of the Company’s Stock Option Plan.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 223,430 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

CEO, President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                 or     Ian Lambert

IR PRO COMMUNICATIONS INC.                              COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                        Tel: 416-840-9843

Toll Free: 1-866-503-3377                                            Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 


EDMONTON, ALBERTA – April 25, 2016 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCBB: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") announces that it has closed the first tranche of a private placement (the “Offering”) by the issuance of 2,794,680 units of the Company (“Units”) at a price of $0.05 per Unit for gross proceeds of $139,734. Each Unit consists of one common share of the Company (“Common Share”) and one non-transferable warrant (“Warrant”) with each Warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.075 per Common Share until the earlier of : (a) 30 days following the issuance of a news release by the Company that the trading price of the Common Shares on the TSX Venture Exchange is at or greater than $0.12 per Common Share for 10 consecutive trading days; and (b) April 25, 2018.

200,000 of the 2,794,680 Units sold were purchased by insiders of the Company. No commissions or finders fees were paid or are payable in connection with the Offering. The Company intends to use the proceeds of the Offering for general working capital.

The Common Shares and any Common Shares issued on exercise of the Warrants will be subject to restrictions on trading until August 26, 2016 in accordance with the policies of the TSX Venture Exchange. Pursuant to closing of the Offering, the Company has 52,407,805 Common Shares issued and outstanding.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 52.4 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 363,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and approximately 200,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

On behalf of the Board,

Grizzly Discoveries Inc.

Brian Testo

CEO, President

(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.comor contact:

Nancy Massicotte, Investor Relations                     or            Ian Lambert

IR PRO COMMUNICATIONS INC.                                         COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                   Tel: 416-840-9843

Toll Free: 1-866-503-3377                                                       Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – April 18, 2016 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCPK: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has been advised by Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) that it has completed its 2015 work program on the Grizzly Greenwood property, located near Greenwood in southern B.C. The option is a large property which includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land at Greenwood. The property is 100% owned by Grizzly Discoveries Inc. Under the terms of a September 2015 agreement, KG Exploration (Canada) Inc. can earn a 75% interest on optioned land pursuant to an Option Agreement with Grizzly on portions of its land holdings in southeastern British Columbia, by incurring US$3 million in exploration expenditures over a 5 year period.

Summary of 2015 Kinross Results

Five target areas were selected for first-pass fieldwork in late 2015 (Attwood-Overlander, March Creek, Kerr Creek, Bruce Creek and Midway). The mandate of the 2015 program was to assess and prioritize targets on the land package for further work in 2016. Work consisted of geological mapping, plus soil and rock sampling. A total of 116 rock samples and 1,155 soil samples were collected targeting epithermal and skarn related precious metal mineralization in Tertiary and pre-Tertiary rocks within the prospective northern extensions of the Republic and Toroda grabens in the Rock Creek to Greenwood area of BC.

The initial exploration by Kinross uncovered previously unrecognized epithermal quartz veining and precious metal mineralization in the Attwood-Overlander area hosted in pre-Tertiary limestone and siltstone. Rock grab samples from the exposed epithermal veins that range from 0.75 to 2 m in width returned up to 29.8 grams per tonne (g/t) gold along with a number of nearby and spatially associated Au-Ag-Bi-Sb-Hg-Mo-Te geochemical anomalies in soil samples. The epithermal mineralization is considered a high priority for follow-up exploration in 2016.

Eocene sediments and volcanics at March Creek just north of the US border and Bruce Creek and Kerr Creek just north of Highway 3, were targeted for epithermal mineralization using rock and soil sampling. All three areas have returned anomalous precious metals and epithermal indicators in stream sediment samples in past sampling programs. A few anomalous rock and/or soil samples were obtained in each area and warrant follow-up exploration in 2016.

Pre-Tertiary rocks of the “Midway Window” were targeted for precious metal epithermal and skarn mineralization during the late 2016 program. Soil sampling yielded a strong Au-Ag-As-Hg-Sb-Mo geochemical anomaly in the area of Ingram Creek that is spatially related to a northeast trending structure. Follow-up exploration is planned for 2016. Rock sampling at the Texas showing within the Midway Window yielded up to 9.27 g/t Au with elevated Ag, Cu, Hg, Sb and Te in rock grab samples obtained from bands of sulphide mineralization within altered limestone confirming previous results. The geochemical results may indicate the presence of an epithermal overprint. Further exploration is recommended for 2016 at the Midway Target area.

2016 Planned Kinross Work Program

Kinross has recommended further exploration focusing on regional evaluation, prospect/target generation along with detailed field mapping and surface sampling leading to potential drill proposals in 2016. The 2016 program is expected to conduct remodelling of the airborne and ground electromagnetic and magnetic data for specific project areas. There are three broad areas within the property which will continue to be the focus and include the Tertiary rocks in the northern portion of the Toroda Graben (March Creek – Bruce Creek), a prospective package of pre-Tertiary rocks just northwest of Midway (the “Midway Window”) and pre-Tertiary rocks surrounding the historic Phoenix-Golden Crown-Lexington district (Attwood).

Kinross has indicated that the initial objective for the 2016 program will be to continue to evaluate the potential of the various target areas, working up specific targets to move forward using detailed mapping along with geologic and deposit models as a guide as well as many of the regional data sets already completed by Grizzly to move certain targets to a drill testing stage, potentially in 2016. Many of the target areas on the property are currently at the generative stage, with only a few geophysical and/or geochemical based targets having been drilled by Grizzly to date.

Under the terms of the September 2015 agreement, Kinross can earn a 75% interest in the property by incurring US$3 million in exploration expenditures over a 5 year period. By the second anniversary of the agreement, 750 metres of diamond drilling must be completed along with US$750,000 in expenditures by September 23, 2017.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 49.6 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds over 235,000 acres of precious-base metal properties in British Columbia; more than 223,430 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta; and metallic and industrial mineral permits for potash totaling more than 143,000 acres along the Alberta-Saskatchewan border.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.

Brian Testo

CEO, President

Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte, Investor Relations                     or            Ian Lambert

IR PRO COMMUNICATIONS INC.                                        COO, Grizzly Discoveries Inc.

Tel: 604-507-3377                                                                   Tel: 416-840-9843

Toll Free: 1-866-503-3377                                                       Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA--(Marketwired - Dec. 9, 2015) - Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") announces that it has closed on a private placement (the "Offering") of 887,857 units of the Company ("Units") at a price of $0.07 per Unit for gross proceeds of $62,150. Each Unit consists of one common share of the Company ("Common Share") and one non-transferable warrant ("Warrant") with each Warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.12 per Common Share until December 9, 2017.

620,000 of the 887,857 Units sold were purchased by insiders of the Company. No commissions or finders fees were paid or are payable in connection with the Offering. The Company intends to use the proceeds of the Offering for general working capital.

The Common Shares and any Common Shares issued on exercise of the Warrants will be subject to restrictions on trading until April 9, 2016 in accordance with the policies of the TSX Venture Exchange. Pursuant to closing of the Offering, the Company has 49,163,125 Common Shares issued and outstanding.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 49.2 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 363,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and approximately 200,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

On behalf of the Board, Grizzly Discoveries Inc.

Brian Testo, CEO, President, (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

 

Contact Information

  •  

    IR Pro Communications Inc.
    Nancy Massicotte
    Investor Relations
    604-507-3377 or Toll Free: 1-866-503-3377
    This email address is being protected from spambots. You need JavaScript enabled to view it.
    www.irprocommunications.com

    Grizzly Discoveries Inc.
    Ian Lambert
    COO
    416-840-9843
    This email address is being protected from spambots. You need JavaScript enabled to view it.
    www.grizzlydiscoveries.com

EDMONTON, ALBERTA – September 24, 2015 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has executed an Option Agreement (the "Agreement") with Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) for the purpose of exploring and developing approximately 27,346 hectares of Grizzly’s land holdings in southeastern British Columbia.

The Agreement grants Kinross the option to earn a 75% interest in approximately one third of Grizzly’s lands that form part of its 91,050 hectares of claims in the prolific Greenwood area, which stretches along the BC/USA border from Osoyoos to Grand Forks. The target areas under option include the Rock Creek, Midway, Midway South, Sappho, Overlander, Attwood East and Grand Forks areas. These properties are situated north of Kinross Gold Corporation’s Kettle River-Buckhorn mine in the State of Washington, USA.

Kinross can earn a 75% interest in Grizzly’s interest by completing US$3 million in exploration expenditures, including a minimum of 3,000 metres of diamond drilling, up to the end of the fifth year of the Option Agreement. To maintain the option, Kinross must spend a minimum of US$750,000 and drill a minimum of 750 metres within the first two years. Should Kinross fail to, or elect not to, complete the terms of the option, all optioned lands would revert to Grizzly. It is contemplated that if the option is exercised by Kinross, that a joint venture or a jointly owned mining company will be formed on a 75% Kinross, 25% Grizzly respective interest basis, with Kinross or an affiliate acting as operator.

According to Grizzly CEO, Brian Testo, "This Agreement with Kinross facilitates an exploration program covering a significant portion of our BC property holdings, utilizing the extensive technical experience and funding that Kinross can bring to the Greenwood Project." Mr. Testo added, "We at Grizzly are extremely pleased to be partnering with Kinross to continue work on the Greenwood Project.  This option, which covers one third of our Greenwood Project area, will focus on certain target areas, while Grizzly can focus on exploration on its retained targets and areas of interest.”

For more details, please see the map and NI 43-101 Greenwood Gold Project Technical Report on the Company’s website at www.grizzlydiscoveries.com. The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the 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 with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 364,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 231,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.
Brian Testo
CEO, President
Tel: (780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.comor contact:

Nancy Massicotte, Investor Relations                     or            Ian Lambert
IR PRO COMMUNICATIONS INC.                                           COO, Grizzly Discoveries Inc.
Tel: 604-507-3377                                                              Tel: 416-840-9843
Toll Free: 1-866-503-3377                                                   Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – September 1, 2015 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to provide an update on its progress with Kinross Gold Corporation (“Kinross”) on a non-binding Letter of Intent (“LOI”) announced July 21, 2015, to grant Kinross or its affiliate KG Exploration (Canada) Inc. the sole and exclusive right and option to acquire an undivided 75% legal and beneficial interest in and to approximately 27,346 hectares of Grizzly’s land holdings in southeastern British Columbia.

The non-binding LOI is subject to a 90-day exclusivity period during which the parties are progressing toward completion of their due diligence of the claims, and working toward the completion of a definitive option agreement within that timeframe. Grizzly will provide a further update on the earlier of (i) the signing of the definitive option agreement and (ii) the expiry of the 90-day exclusivity period.

Kinross may earn its 75% interest in approximately one third of Grizzly’s lands that form part of its 91,050 hectares of claims in the prolific Greenwood area, stretching along the BC/USA border from Osoyoos to Grand Forks.  The target areas of interest to Kinross include the Rock Creek, Midway, Midway South, Sappho, Overlander, Attwood East and Grand Forks areas.  These properties are situated north of Kinross’ Kettle River-Buckhorn mine in Washington, USA.   For more details, please see the map and NI 43-101 Greenwood Gold Project Technical Reporton the Company’s website at www.grizzlydiscoveries.com.

Kinross may earn a 75% interest in Grizzly’s interest by expending US$3 million including a minimum of 3,000 metres of diamond drilling up to the end of the fifth year of the Option Agreement.  In addition, Kinross must spend a minimum of US$750,000 and drill a minimum of 750 metres within the first two years of the option.  Should Kinross not complete the terms of the option, all optioned lands would revert to Grizzly.  It is contemplated that if the option is exercised by Kinross, that a Joint Venture or a jointly owned mining company will be formed on a 75% Kinross, 25% Grizzly respective interest basis.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 364,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 231,000 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 B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,
Grizzly Discoveries Inc.

Brian Testo
CEO, President
(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.comor contact:

Nancy Massicotte, Investor Relations
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com


Ian Lambert
COO, Grizzly Discoveries Inc.
Tel: 416-840-9843
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – July 21, 2015 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has entered into a non-binding Letter of Intent (“LOI”) with Kinross Gold Corporation (“Kinross”) to grant Kinross or its affiliate KG Exploration (Canada) Inc. the sole and exclusive right and option to acquire an undivided 75% legal and beneficial interest in and to approximately 27,346 hectares of Grizzly’s land holdings in southeastern British Columbia.

The non-binding LOI is subject to a 90-day exclusivity period during which the parties will make commercially reasonable efforts to enter a definitive option agreement, and Kinross may complete its due diligence of the claims.

Kinross may earn its 75% interest in approximately one third of Grizzly’s lands that form part of its 91,050 hectares of claims in the prolific Greenwood area, stretching along the BC/USA border from Osoyoos to Grand Forks.  The target areas of interest to Kinross include the Rock Creek, Midway, Midway South, Sappho, Overlander, Attwood East and Grand Forks areas.  These properties are situated north of Kinross’ Kettle River-Buckhorn mine in Washington, USA.   For more details, please see the map and NI 43-101 Greenwood Gold Project Technical Reporton the Company’s website at www.grizzlydiscoveries.com.

Kinross may earn a 75% interest in Grizzly’s interest by expending US$3 million including a minimum of 3,000 metres of diamond drilling up to the end of the fifth year of the Option Agreement.  In addition, Kinross must spend a minimum of US$750,000 and drill a minimum of 750 metres within the first two years of the option.  Should Kinross not complete the terms of the option, all optioned lands would revert to Grizzly.  It is contemplated that if the option is exercised by Kinross, that a Joint Venture or a jointly owned mining company will be formed on a 75% Kinross, 25% Grizzly respective interest basis.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia.  The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 364,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 231,000 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 B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,
Grizzly Discoveries Inc.
 
Brian Testo
CEO, President
(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.comor contact:

Nancy Massicotte, Investor Relations
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
or
Ian Lambert
COO, Grizzly Discoveries Inc.
Tel: 416-840-9843
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

 

EDMONTON, ALBERTA – May 5, 2015 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to provide an update of its property holdings in Western Canada. Grizzly has significant land holdings of over 225,000 acres of precious and base metals claims in southeastern British Columbia, some 231,000 acres of diamond claims in the Buffalo Head Hills area of north-central Alberta, and over 364,000 acres of potash claims along the Alberta/Saskatchewan border.

Greenwood Gold Property, British Columbia

Largest Consolidated Block in Historic Southeastern BC Mining District

In southeastern BC, Grizzly has assembled over 225,000 acres of claims in the prolific Greenwood area, stretching along the BC/USA border from Osoyoos to Grand Forks. Since 2008, Grizzly has spent in excess of $CDN 6.5 million on exploration including five separate drilling campaigns totalling 10,363 metres in 58 diamond drillholes at a number of exploration targets. Surface exploration has included extensive rock, stream and soil sampling totalling more 10,000 samples along with extensive airborne and ground geophysical surveys across the property. Exploration during 2008 to 2012 has resulted in the identification of numerous exploration targets across the Greenwood Project area that warrant further exploration work. Important advanced target areas identified to date include, from west to east, the Dayton, Ket 28, Midway, Copper Mountain, Motherlode, Sappho, Mount Attwood, Overlander and Attwood East areas.

As more fully described in the Company’s NI 43-101 Greenwood Gold Project Technical Report (November 10, 2013) the Company has identified seven distinct areas of poly-metallic mineralization within its Greenwood Property. As part of the planned undertaking for further drilling on the priority Ket 28 gold target and Dayton copper prospect, the Company is actively seeking option and joint venture opportunities for development of these and the other prospect areas.

Potash Project, Alberta

Covers the Prairie Evaporite Formation Extension into Alberta

Exploration for potash in Alberta has been limited compared to such activity in Saskatchewan. Potash is found within the Prairie Evaporite Formation, which underlies much of the Company’s Potash Project area. In the vicinity of the Project area, relatively few oil and gas wells have been drilled to depths great enough to penetrate the Prairie Evaporite Formation. However, some wells did penetrate the Prairie Evaporite Formation and potash occurrences have been observed in a number of these wells. Grizzly has recently acquired one of the more important historic occurrences, the strategic Vermilion Consolidated Oils #15 (VCO #15) well property, which is documented in historic reports to have encountered potash.

As reported in the Company’s NI 43-101 Alberta Potash Project Technical Report (July 31, 2012), well VCO #15 was drilled in 1944 as a stratigraphic oil test well and was not tested for potash until 1965 when Albert Golden (1965) revisted the core and recognized the presence of sylvite and carnallite in the upper portion of th Prairie Evaporite. Golden (1965) described the uppermost 50 feet (15.25 m) of Prairie Evaporite as containing sylvite along with a 12 foot (3.66 m) horizon that was more carnallite rich. During February 2009, a number of cores at the Energy Resource Conservation Board Core Research Facility were examined and analyzed by the Alberta Geological Survey (Eccles et al., 2009). Historic well VCO #15, the original potash discovery hole, which is located near the center of Grizzly’s North (Lloydminster) Block, was reviewed and spot analysed using a hand held portable X-Ray Fluorescence (XRF) analyser. The results yielded values up to 18.6% K2O (29.4% KCltotal) within an interval from 1,061.27 to 1,065.7 metres that averaged 3.6% K2O (5.8% KCltotal) over 4.42 m. with the potash interval was missing significant sections of core, presumably sampled by Albert Golden (1965) or other people. 

The acquisition of the VCO#15 property consolidates Grizzly’s holdings for its promising Northern Block. The Company is currently marketing the Alberta Potash Project internationally, seeking a joint venture partner to fund the next stage of drilling on its Northern Block.

Buffalo Head Hills Diamond Property, Alberta

A Renewed Interest in diamonds

Renewed interest in diamond exploration has prompted re-evaluation of Grizzly’s Buffalo Head Hills Diamond Project in north-central Alberta, which is located approximately 330 kilometres northwest of Edmonton and is easily accessed during summer and winter by a large network of roads and cutlines. Based upon an internal review of all data, the Company has staked additional permits of highly prospective lands for diamond-bearing kimberlites in the Buffalo Head Hills area. Grizzly’s total land position includes 12 permits that encompass 231,053 acres, for which Grizzly has the exclusive rights to explore for metallic and industrial minerals through to 2023-2029.

Grizzly began exploration in the Buffalo Head Hills kimberlite field during the early 2000’s. The Company undertook numerous airborne and ground geophysical surveys along with extensive heavy mineral indicator surveys, which collectively resulted in the discovery of three new diamondiferous kimberlite bodies in 2008 and 2009, bringing the total number of kimberlites within Grizzly’s Buffalo Head Hills Diamond Project to seven. Peridotitic garnets from the BE-02 and BE-03 kimberlites are dominated by high-Cr2O3 lherzolitic garnets (G9) with low Ca-intercepts that are typically associated with the diamondiferous kimberlites in the Buffalo Head Hills kimberlite field. Additionally, single grain clinopyroxene geothermobarometry indicates that the clinopyroxenes from BE-02 and BE-03 have pressures (36-62 kbar and averaging 46 kbar) and temperatures (averaging 991° C and up to 1294° C) that fall within the diamond stability field. The new discoveries, including the highly diamondiferous BE-2 and BE-3 kimberlites, warrant bulk sampling.

The potential for discovery of additional diamondiferous kimberlites within Grizzly’s Buffalo Head Hills properties is considered high, based upon the favourable regional geological setting and the positive results of exploration conducted to date, including the identification of numerous priority geophysical targets. Grizzly’s past work has shown that the focus should be on kimberlites with a weak magnetic signature with or without an accompanying electromagnetic, gravity and/or seismic signature, which have tended to yield better diamond counts in the Buffalo Head Hills kimberlite field.

Grizzly is evaluating strategies for the further exploration at its Buffalo Head Hills Diamond Project. This has been prompted by the renewed interest in diamond exploration by a number of companies across Canada, indicating resurgence in market sentiment towards financing good solid diamond exploration projects. The Company will consider both undertaking its own drill program, as well as pursuing the possibilities of options or joint ventures on its Buffalo Head Hills Diamond properties.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 364,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 231,000 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 B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,

Grizzly Discoveries Inc.

 

Brian Testo

President

(780) 693-2242

 

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – February 4, 2015 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to provide an update on its proposed activities to develop its numerous resource properties in British Columbia and Alberta, Canada.

This past year the Company has focused on implementation of significant cost reductions together with consolidation of and key acquisitions for its land holdings, during these difficult junior resource market conditions. The Company has analyzed its portfolio of properties and dropped non-core land positions in its Alberta potash properties, retaining the strategic positions for the future. This has resulted in a reduction from 900,000 acres to 425,000 acres, eliminating carrying costs of the non-core holdings. In the Buffalo Head Hills area, Grizzly has expanded its land position and added strategic claims to consolidate its area of focus around the known kimberlites and future targets. The Company’s current land position is approximately 185,000 acres.

Grizzly holds significant mineral claim positions in the Greenwood Gold District near Greenwood, British Columbia, which the Company has assessed as highly prospective for the potential to define and develop gold and silver precious metal resources along with copper.  The Greenwood properties lie in an extremely politically stable mining community having strong interests in the exploration and development of assets in the ground.  Historic mining in the area produced more than 6.8 million ounces of gold (Dufresne and Banas, 2013). The Motherlode underground and open pit mine historically produced more than 175,000 ounces of gold, 700,000 ounces of silver and 78 million pounds of copper (Dufresne and Banas, 2013).  

Kinross' Buckhorn mine in the State of Washington, just across the US border from Grizzly's Greenwood properties, boasted a 1.2 million ounce gold resource at the start of production, and Midway's Golden Eagle deposit, located 40 km from Grizzly's properties, has a 1.74 million ounce indicated gold resource and a further 192,000 ounces in an inferred category (Chapman and Seal, 2009). More than 6.8 million ounces of gold have been produced with another 2+ million ounces of gold in measured and indicated along with another 680,000 ounces inferred as in situ gold resources within a radius of less than 70 km from the Company's mineral claims (Dufresne and Banas, 2013).

The Company also holds almost 425,000 acres of metallic and industrial mineral permits in eastern Alberta along the Saskatchewan border. The Company has determined this area, based on historic drilling showing high grade potash zones underlying the Company's property, as prospective for a potential potash resource.  The long term forecasted demand for fertilizer, in particular potash, makes this land position important for longer term development.  In consideration of historic drilling, the opportunity for diversification for Grizzly is excellent.

The last year has been a challenge for all players in the resource sector. The TSX Venture Composite Index is near an all-time low, and share prices for most junior resource companies are at historic bottoms. Nevertheless, Grizzly’s management is optimistic for the future, particularly with its current land holdings. Brian Testo, Grizzly’s CEO, reiterated that “the resource sector survivors will be those companies with strong management holding significant share positions, good properties, cash in the bank, and operating in safe mining environments with little or no geopolitical risk. That describes Grizzly Discoveries in a nutshell.”

Management believes that this should inspire a sense of confidence in Grizzly Discoveries, as the features of the Company coincide with what it takes to survive a devastated junior resource market. Management, insiders and associates own over 50% of the shares outstanding, with the President, Brian ("Griz") Testo, holding or controlling over 9 million shares, having invested several million dollars personally. The Company has an adequate treasury with minimal monthly overhead and a committed management team to stay the course.

For Grizzly Discoveries, nothing has changed in the fundamentals.  The focus to explore, discover and develop a gold/copper/silver resource in its vast contiguous Greenwood properties, together with the potential opportunity to discover and develop a large potash resource, makes the Company a strong candidate for recovery when the bull markets finally do return to the natural resources sector. Grizzly continues to pursue joint ventures, property options, and financing opportunities, to be positioned to take advantage of the inevitable recovery.

INVESTOR RELATIONS CONSULTANT

The Company announces that is has entered into a new investor relations consulting agreement the “IR Agreement”) with Mr. Stephen Smart, an individual residing in Brazil. The Company had previously engaged Mr. Smart for a one year term in 2013. Mr. Smart will provide investor relations services to the Company, including communicating with prospective shareholders to increase awareness of and interest in the Company for a term of two years. Mr. Smart is a corporate finance consultant whose primary business involves introducing clients to investment opportunities. Mr. Smart is a shareholder of the Company.

In consideration of Mr. Smart’s services, the Company will issue to Mr. Smart options (the “Options”) to acquire up to 400,000 common shares (“Common Share”) of the Company at an exercise price of $0.10 per Common Share pursuant to the terms of the Company’s stock option plan (the “Plan”). The Options shall vest in equal installments during the first year of the term and shall expire two years from issuance or earlier in accordance with the Plan.

The IR Agreement is effective for a period of two years, and both the IR Agreement and the issuance of options are subject to the approval of the TSX Venture Exchange.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing its precious metals properties in southeastern British Columbia and significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 425,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 185,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.
/s/ "Brian Testo"
Brian Testo
President
(780) 693-2242

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com
 

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – June 10, 2014 --Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has acquired additional permits (the “New Permits”) for its Alberta Diamonds Project by staking 34,496 hectares (85,241 acres) of highly prospective lands for diamond-bearing kimberlites in the Buffalo Head Hills area of North-central Alberta. These additional claims add to the 57,529 hectares (142,157 acres) already held by the Company’s Alberta Diamond Project in the Buffalo Head Hills area. The Company’s Alberta Diamond Project hosts at least 7 kimberlites, to date 3 of which have been identified with microdiamonds.

Subsequent to staking the New Permits, the Company’s Alberta Diamond Project now covers 92,025 hectares (227,399 acres) of the Buffalo Head Hills kimberlite field, for which Grizzly has the exclusive rights to explore for metallic and industrial minerals. The Alberta Diamond Project permits are in good standing until dates ranging from late 2014 to 2027, subject to biannual assessment work. Grizzly has conducted exploration in the Buffalo Head Hills kimberlite field since 1997 completing numerous geophysical and heavy-mineral indicator surveys, and discovering three new diamondiferous kimberlite bodies in 2008 and 2009, bringing the total number of kimberlites within Grizzly’s Buffalo Head Hills kimberlite field-hosted Alberta Diamond Project to seven.

Grizzly’s Alberta Diamond Project lies within the Buffalo Head Hills kimberlite field, which is located approximately 35 to 45 kilometers northwest of the Hamlet of Red Earth Creek, Alberta, and approximately 330 kilometers northwest of Edmonton, Alberta. 41 kimberlites have been discovered by various parties in the Buffalo Head Hills kimberlite field, an area of approximately 2,500 square kilometres representing the third largest known district of significant diamond-bearing kimberlites in Canada after Lac de Gras, Northwest Territories and Fort à la Corne, Saskatchewan. The diamondiferous Buffalo Head Hills kimberlite field has generated exploration interest due to the relatively large kimberlite dimensions (up to 45 hectares), encouraging diamond contents (up to 55 carats per hundred tonnes with the presence of some colored diamonds), and high ratio of diamondiferous to barren kimberlite (28 of 41 kimberlites tested contain diamonds).  The Buffalo Head Hills Joint Venture (unrelated to the Company), comprised of Canterra Minerals Corporation (33%), Shore Gold Inc. (33%) and Encana Corporation (34%) currently hold five kimberlite bodies in the field which have undergone mini–bulk and bulk sampling (between 22 and 616 tonnes): kimberlites K6, K11, K14, K91 and K252.

The potential for discovery of additional diamondiferous kimberlites within Grizzly’s Buffalo Head Hills properties is considered high based upon the favourable regional geological setting and the positive results of exploration conducted to date by Grizzly. Grizzly’s geological consultants, APEX Geoscience Ltd. of Edmonton, Alberta, have recommended that, subject to financing, Grizzly proceed with exploration on two fronts. First, bulk sample the BE-2 and BE-3 kimberlites discovered by the Company in 2008, which returned close to 1 microdiamond per kilogram during the 2008 drilling campaign. Second, proceed to drill test the numerous high priority targets that Grizzly has identified in the region in order to continue the search for new diamondiferous kimberlites. Particularly, Grizzly will focus on kimberlites with a weak magnetic signature, which have tended to yield better diamond counts in the Buffalo Head Hills kimberlite field.

Based on these recommendations, Grizzly has staked its new lands in the vicinity of the Buffalo Head Hills Joint Venture’s K6, K11, K14, K91 and K252 kimberlites and plans to conduct new detailed ground geophysical surveys, combined with the acquisition of detailed lidar and airborne orthophoto data, in the search for new kimberlites in the vicinity of what are considered to be the best kimberlites yet discovered in the Buffalo Head Hills kimberlite field.

The Company has not conducted significant exploration work on its Alberta Diamond Project since the kimberlite discoveries in 2008, however has maintained in good standing the permits covering the discovered kimberlites and identified targets deemed to be of the highest prospectivity. In addition to the encouraging exploration results obtained by the Company and by other unrelated parties which have conducted exploration in the area, the Buffalo Head Hills region contains infrastructure, utilities, skilled labour, roads and access that would potentially be required to economically develop a diamond mine.

Grizzly is evaluating strategies for the renewal exploration at its Alberta Diamond Project, which was the Company’s initial project during its initial public offering in 2004 (under the name Grizzly Diamonds Ltd.). This has been prompted by the renewed interest in diamond exploration by a number of companies across Canada, indicating a resurgence in market sentiment towards diamond exploration. The Company will consider both undertaking its own drill program, as well as pursuing the possibilities of joint ventures on its Buffalo Head Hills properties. Grizzly is actively seeking equity funding and/or joint venture partners to invest in further diamond exploration at its Alberta Diamond Project in the Buffalo Head Hills area.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 200,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board

Grizzly Discoveries Inc.

/s/ “Brian Testo”

Brian Testo

President

(780) 693-2242

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

GRIZZLY SHAREHOLDERS ELECT NEW DIRECTOR AND PROVIDES UPDATE ON MEMORANDUM OF UNDERSTANDING

EDMONTON, ALBERTA – June 3, 2014 --Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that shareholders of the Company have elected Mr. Ray Wytinck of Manitoba as a Director of the Company at its annual general and special meeting of shareholders held on June 2, 2014. Joining re-elected incumbent Directors Messrs. Brian Testo, Doug Turnbull, Sam Pillersdorf, and Fraser Atkinson, Mr. Wytinck brings expertise related to the agriculture support industry in Canada. Mr. Ben Hubert, originally appointed as a Director of the Company in December of 2009, chose not to stand for re-election as a Director. Management and the Board of Directors thank Mr. Hubert for his contributions to the Company since 2009 and have asked Mr. Hubert to remain available as an advisor to the Board.

Mr. Wytinck holds a Master’s of Science degree from the University of Manitoba and has been active in the Agri-business sector for over 25 years. Mr. Wytinck has been involved in various capacities in the Agri-business sector, primarily related to merchandising of seed and fertilizer products through wholesale and retail channels. Mr. Wytinck brings practical insight into the fertilizer business, and has expressed enthusiasm towards advancing the Company’s Alberta Potash Project.

“We want to thank Ben Hubert for his contributions to the development of Grizzly over the past four plus years. We have seen ourselves through what we believe to be the worst of the low cycle in the junior mining industry, and have relied on the Board’s business experience in getting us through” said Brian Testo, President and Chief Executive Officer of Grizzly. “We are eagerly preparing for resuming Grizzly’s exploration activities on its various projects, including actively seeking equity funding and joint venture partners, and Ray brings a new set of skills and industry contacts which we believe will open new doors for financing and, potentially, eventual development of our Alberta Potash Project. I, along with the rest of Grizzly, am looking forward to working with Ray now that he has been elected to the Board.”

In conjunction with the election of Ray Wytinck to the Company’s Board of Directors, the Company announces that it has granted stock options to acquire up to 200,000 common shares of the Company at an exercise price of $0.10 per common share, pursuant to the Company’s stock option plan. The options issued to Mr. Wytinck shall expire five years from the date of grant, or earlier in accordance with the stock option plan. Mr. Wytinck’s election to the Board and grant of options, as well as the terms of the options granted, are subject to the approval of the TSX Venture Exchange.

UPDATE ON MEMORANDUM OF UNDERSTANDING ANNOUNCED ON MARCH 11

On March 11, 2014, the Company announced that it had entered into a memorandum of understanding (“MOU”) with an unrelated third party (the “Interested Party”) as an initial step towards a proposed $15 Million investment by the Interested Party to advance the Company’s Alberta Potash Project. (See the Company’s news release dated March 11, 2014.) Subsequent to entering the MOU, the Company provided, under a confidentiality agreement, all data and information that it has pertaining to the project.

The Interested Party has not yet indicated its intentions with regard to negotiating a final agreement as contemplated by the MOU, but have advised that they continue to evaluate the project. The Company remains optimistic that the Interested Party will recognize the merits of the Alberta Potash Project. “We believe that the Alberta Potash Project, while still early stage and somewhat unproven, has enormous potential for a sizeable and economic extractable potash deposit,” said Brian Testo, “and our potential investors are being diligent and cautious in their assessment of the project, as they should be. While we trust that they will recognize the same potential for the project as we do, we are going to ensure that the Company has alternative means of advancing the Alberta Potash Project in the case that they decide not to continue. The addition of Ray Wytinck to the Board will give the Company direct access to the marketers and consumers of the final product of potash production, which may lead to new and innovative opportunities to advance our Alberta Potash Project.”

The Company will provide updates on the status of the MOU and negotiations with the Interested Party.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 200,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

 

On behalf of the Board

Grizzly Discoveries Inc.

/s/ “Brian Testo”

Brian Testo

President

(780) 693-2242

 

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – March 11, 2014 --Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to announce that it has entered into a memorandum of understanding (“MOU”) with an unrelated third party (“Interested Party”) as an initial step towards a proposed $15 Million investment by the Interested Party to advance the Company’s Alberta Potash Project (“APP”).

 

Under the terms of the MOU, the Company and the Interested Party entered into a confidentiality agreement pursuant to which Grizzly shall provide the Interested Party with all data and information that it has pertaining to the APP, with particular focus on the North Block near Lloydminster, Alberta. The MOU contemplates that, subject to the Interested Party’s satisfactory due diligence on the APP data, the Company and the Interested Party would pursue negotiations leading to a final agreement (“Investment Agreement”) whereby the Interested Party would invest up to $15 Million in cash to fund an exploration drill program to test the APP’s North Block. The contemplated $15 Million investment by the Interested Party would, subject to the terms of the Investment Agreement, result in the Interested Party having a direct interest in the Alberta Potash Project. In addition, the MOU contemplates that upon having invested the $15 Million into an exploration program on the APP, the direct interest in the property could be convertible to an equivalent equity interest in a publically traded corporation which owns the APP assets.

 

Brian Testo, Grizzly’s President and CEO, stated “As we have been disclosing in our filings and prior releases, Grizzly is very actively seeking a partner to advance our Alberta Potash Project. While this MOU is just an initial step towards an actual cash investment, we are optimistic that the fundamentals of the Alberta Potash Project are sound and that our prospective partners will recognize the merit and massive potential upside for the discovery of a significant potash resource in Alberta’s favourable resource tax and royalty regime.”

 

The terms and conditions of the potential Investment Agreement have not yet been negotiated, and there is no surety that the Investment Agreement will be successfully concluded. However, provided negotiated terms and conditions of the Investment Agreement are agreed to by both parties, final approval will be subject to ratification by the Company’s and the Interested Party’s respective Boards of Directors and applicable regulatory authorities.

 

ABOUT THE ALBERTA POTASH PROJECT

 

The Company’s Alberta Potash Project consists of metallic and industrial mineral permits covering approximately 900,000 acres in Alberta along the Saskatchewan border. The property is divided into the North and South Blocks near Medicine Hat, Alberta and Lloydminster, Alberta respectively.

 

The Company drilled one test well on the South Block (“South Block Well”) in late 2011. Coring commenced at 1,642 metres (“m”) below surface, and visible potash minerals were observed in the drill core for the interval between 1,648 m and 1,670 m below surface. The well cored a thick (22.35 m) zone of Prairie Evaporite Formation salt with low grade potash at a depth of 1,648 m, the approximate depth of the Belle Plain Solution Mine in Saskatchewan. Within the low grade potash zone, the drilling intersected two zones of sylvite mineralization (Upper zone and Lower zone) within the Patience Lake Member, near the top of the Prairie Evaporite Formation. Analytical results from the South Block Well yielded weighted average grades of 2.62% K2O (4.15% KCl) over 22.35 m at a depth of 1,648.5 m for the low grade zone. The interval contained higher grade portions including 6.4% K2O (10.14% KCl) over 4.55 m, 8.77% K2O (13.88% KCl) over 2.65 m and 13.0% K2O (20.58% KCl) over 1.15 m within the Upper zone and 2.45% K2O (3.88% KCl) over 3.3 m in the Lower zone.

 

The Company has not yet drill tested the North Block of the APP, however the Company has intentions to test an area in close proximity to a reported occurrence of potash minerals in historic well VCO #15 in the Vermilion area on the North Block. The author reporting the occurrence suggested that the potash mineral “sylvite exists in substantial quantities” “throughout the first 50 feet of the Prairie Evaporite” (Golden, B.Sc., 1965). The author also suggested the potash minerals “are of the same composition and depositional sequence and depth as the potash at Unity and Saskatoon, Saskatchewan”, currently the location of a number of potash mines. Analytical work by the Alberta Geological Survey (Eccles et al., 2009) on what is left of the core from VCO #15 has yielded up to 18.6% K2O utilizing a hand held XRF instrument and confirms the observations of Golden (1965). The reported occurrence of potash minerals is at a depth of approximately 1,061 m below surface.

 

For more information about the Alberta Potash Project, and the results of the Company’s work on the property to date, please see the Technical Report on the Potash Potential of Grizzly Discoveries Inc.’s Alberta Potash Project dated June 30, 2012 (filed August 28, 2013) available on SEDAR.

 

About Grizzly Discoveries Inc.

 

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 200,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

 

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

 

 

On behalf of the Board

Grizzly Discoveries Inc.

/s/ “Brian Testo”

Brian Testo

President

(780) 693-2242(780) 693-2242

 

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

 

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377604-507-3377

Toll Free: 1-866-503-33771-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 


 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

 

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

 

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – February 20, 2014 --Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to provide a second update in advance of the Prospectors & Developers Association of Canada convention at the Metro Toronto Convention Centre on March 2-5, 2014, at which Grizzly will be exhibiting at Booth #3020.

 

In addition to the potash-prospective Alberta Potash Project in Eastern Alberta and the diamondiferous-kimberlite hosting Alberta Diamond Project in North-central Alberta, Grizzly Discoveries’ extensive and diverse portfolio of properties includes the historically productive Greenwood Property in Southeastern British Columbia. Grizzly’s properties collectively cover an aggregate of over 700,000 hectares (“ha”), which are mostly underexplored. In order to ensure that future exploration programs yield favourable results leading toward near-term resource definition and development, the Company is continuing to conduct a strategic review of all of the geological information that it has available on its Greenwood Property, including historical information preceding the acquisition by Grizzly, as well as the Company’s results from its exploration programs.

The strategic review revealed the potential for a copper porphyry deposit at the Dayton Prospect based upon a reinterpretation of the geology and a determination of copper-equivalency* (“CuEq”) values by incorporating coincident gold and silver values with the copper intersected in the Company’s drillholes at the Prospect (see the Company’s news release dated February 13, 2014). This reinterpretation of core assay results from the Dayton prospect showed values greater than 0.12% CuEq over core lengths between 50 to 135 metres (“m”), with a number of shorter intervals in several of the drillholes yielding up to and greater than 0.40% CuEq.

The Company has now reinterpreted 2010 drill results from the Sappho prospect by incorporating coincident gold, silver, and platinum group elements (“PGE”) with copper intersected in our drillholes. This reinterpretation has returned results which are favourable to a copper porphyry deposit model at the Sappho prospect, with assay results yielding a wide anomalous interval of 0.28% CuEq over 93.5 m core length including a higher grade zone of 0.38 % CuEq over 63.5 m core length.

GREENWOOD PROPERTY Strategic review – SAPPHO PROSPECT

In light of copper porphyry discoveries that have been made in northwest British Columbia within the last six months, Grizzly is conducting a strategic review of its mineral claim holdings in the Greenwood Property in south-central British Columbia. Based upon the recent NI 43-101 technical report (the “Technical Report”) completed for the Company by APEX Geoscience Ltd. dated September 1, 2013 and filed on SEDAR, portions of Grizzly’s Greenwood Property are considered highly prospective for the presence of copper porphyries similar to those which have recently been discovered in northwestern and central British Columbia.

The strategic review has identified a number of prospects that have geological characteristics and in some cases mineralization that is indicative of copper porphyry style mineralization.

The Sappho prospect, on which the Company conducted extensive exploration in 2009 and 2010, has yielded strong evidence of copper-gold-silver-platinum-palladium (“Cu-Au-Ag-PGE”) alkalic porphyry mineralization.   Exploration at the Sappho zone has resulted in numerous high grade samples from the historic workings. However, the nature of its origin and the surrounding geology is not fully understood. The remaining area of the Sappho claim block is relatively underexplored compared to the extensive work at the main showings.

Three well documented surface copper occurrences in the northeastern portion of the complex yielded numerous high grade selective grab sample results including up to 8.28% copper (“Cu”) 298 grams per tonne (“g/t”) silver (“Ag”), 2.2 g/t gold (“Au”), 27.1 g/t Platinum (“Pt”) and 2.57 g/t palladium (“Pd”). All three occurrences yielded multi gram Pt and Pd values. The Sappho prospect is unusual relative to most British Columbia platinum group elements-bearing alkaline intrusive complexes, in that it contains Pt concentrations greater than Pd and Au. As reported in the Technical Report, government geologists have conducted extensive geochemical and mineralogical work on the Sappho alkaline complex and associated Cu-Ag-PGE-Au mineralization and, based upon textural and geochemical evidence, suggest that the mineralization is late magmatic or magmatic-hydrothermal in origin and bares mineralogical traits most common in alkaline porphyry style associated metals.

 

A drill program conducted by the Company in 2010 targeted two showings at the Sappho prospect, the Main and Northern showings, with a drillhole beneath each showing and two additional drillholes testing two proximal blind magnetic features with no previously known mineralization. The two holes beneath the Sappho Main and Sappho North showings intersected weak but anomalous Cu-Ag-PGE-Au. The best intersection was provided by drillhole 10SP03, which targeted a blind magnetic anomaly close to the Bodie Mountain fault and yielded a wide anomalous interval of 0.28% CuEq over 93.5 m core length including a higher grade zone of 0.38 % CuEq over 63.5 m core length that is comprised of 0.12% Cu, 8.68 g/t Ag, 0.22 g/t Au, 0.10 g/t Pd and 0.07 g/t Pt. This wide anomalous interval contains two higher grade intervals, an upper and lower zone, which yielded 1.43% CuEq over 7 m and 1.04% CuEq over 6.5 m core length, respectively. The mineralization in drillhole 10SP03 is hosted in a wide and intensely hornfelsed to skarnified pyroxenite that is brecciated and silicified in places. Hornfels alteration consists of biotite-garnet-magnetite and is associated with abundant pyrite and chalcopyrite. Further drilling will be required to follow up on the results of 10SP03.

 

GREENWOOD PROPERTY – GEOLOGICAL BACKGROUND

The Company’s Greenwood Property is situated within Quesnelia Terrane, host to the vast majority of British Columbia’s major known copper porphyry deposits from Princeton and Kamloops up to Dease Lake. Airborne surveys conducted by the Company in 2008 and 2009 over three quarters of the Greenwood Property identified numerous moderate to small intrusive bodies which are spatially associated with vast areas of extensive hornfels, some of which is associated with past producing copper-silver-gold skarn mineralization, as in the historic Phoenix and Motherlode areas within the Greenwood Property. The Greenwood area is underlain by numerous deep seated structures with at least three known large scale grabens with intrusions and extensive alteration spatially associated the graben structures. The grabens are young and have preserved Tertiary sediments and volcanics along with underlying older Paleozoic to Triassic rocks within the boundaries of the grabens, likely preserving any potential intrusion-related copper mineralization.

 

FUTURE PLANS

The Company has previously identified seven distinct areas of polymetallic mineralization within its 90,000 ha Greenwood Property. In addition to undertaking further planned drilling on the Ket 28 target and Dayton and Sappho prospects, the Company will be seeking option and joint venture opportunities for development of the other prospect areas. The mineral claims underlying the Greenwood project are in good standing for at least four years without further expenditures, with 40% of the claims being in good standing until 2023, including all of the high priority targets. The Company is also concurrently marketing internationally its Alberta Potash Project, seeking a joint venture partner to fund the next stage of drilling on its northern block, where historic drilling yielded 18.6%K2O (or over 28% KCl potash).

 

Any proposed exploration programs to be conducted on the Company’s properties are subject to financing.

 

*    Copper equivalency (“CuEq”) values disclosed in this news release have been calculated utilizing values of $1,250 per ounce for gold, $20 per ounce for silver and $3.25 per pound for copper.

 

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

 

On behalf of the Board

Grizzly Discoveries Inc.

/s/ “Brian Testo”

Brian Testo

President

(780) 693-2242

 

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

 

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

 

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – February 13, 2014 --Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to provide an update in advance of the Prospectors & Developers Association of Canada convention at the Metro Toronto Convention Centre on March 2-5, 2014, at which Grizzly will be exhibiting.

 

Grizzly Discoveries’ extensive and diverse portfolio of properties, including the potash-prospective Alberta Potash Project in Eastern Alberta, the diamondiferous-kimberlite hosting Alberta Diamond Project in North-central Alberta and the historically productive Greenwood Property in Southeastern British Columbia, cover an aggregate of over 700,000 hectares (“ha”), and is mostly underexplored. The Company is conducting a strategic review of all of the geological information that it has available on its properties, including historical information preceding their acquisition by Grizzly, as well as the Company’s results from its exploration programs, to ensure that future exploration programs yield favourable results with near-term resource definition and development.

 

In particular, the Company has been focussed on target selection at its approximately 90,000 ha Greenwood Property, with a goal of discovering deposits with near-term resource-definition potential. In addition to the selection of the Ket 28 as a high priority high grade gold target, as previously announced (see the Company’s news releases dated October 10, 2013 and November 26, 2013), the Company has re-evaluated results from exploration conducted in 2009 through 2011 at the Greenwood Property’s Dayton prospect. The Company has concluded, based upon a reinterpretation of the geology and a determination of copper-equivalency* (“CuEq”) values by incorporating coincident gold and silver values with the copper intersected in previous drill holes, that the Dayton prospect is a high priority copper-gold porphyry target. Drilling conducted at the Dayton Prospect in 2010 and 2011 indicated values greater than 0.12% CuEq over core lengths between 50 to 135 metres (“m”), with a number of shorter intervals in several of the drill holes yielding up to and greater than 0.40% CuEq.

 

Brian Testo, Grizzly’s President and Chief Executive Officer, commented that “this re-examination of the Company’s previous results has shed a new light on the Dayton prospect, and we at Grizzly are very optimistic that future drilling there will continue to yield favourable results and may lead to a significant discovery.”

 

GREENWOOD PROPERTY Strategic review

In light of copper porphyry discoveries that have been made in northwest British Columbia within the last six months, Grizzly is conducting a strategic review of its mineral claim holdings in the Greenwood Property in south-central British Columbia. Based upon the recent NI 43-101 technical report completed for the Company by APEX Geoscience Ltd. dated September 1, 2013 and filed on SEDAR, portions of Grizzly’s Greenwood Property are considered highly prospective for the presence of copper porphyries similar to those which have recently been discovered in northwestern and central British Columbia.

 

The strategic review has identified a number of prospects that have geological characteristics and, in some cases, mineralization that is indicative of copper porphyry style mineralization. The Dayton prospect, on which exploration was conducted by the Company between 2009 and 2011, included drilling which yielded strong evidence of copper-gold porphyry style mineralization.

 

A total of 1,021 soil samples indicated a strong northwest-trending copper-gold anomaly approximately 450 m by 200 m with more than 100 of the samples containing from 100 parts per million (“ppm”) copper (“Cu”) up to 1,225 ppm Cu, along with 40 samples containing greater than 50 parts per billion gold (“Au”). Surface mapping in the area identified a number of occurrences of pyrite and chalcopyrite, locally associated with high copper and gold grades, in association with strongly hornfelsed volcanics, sediments and alkaline intrusions, along with local skarn. An Induced Polarization (“IP”) survey identified a number of high quality positive IP chargeability anomalies, one of which is associated with the soil anomaly.

 

A drilling program conducted in 2010 intersected up to 0.03% Cu and 0.18 g/t Au, or 0.12% CuEq, over 96 m of core length, including a higher grade zone of 0.35% CuEq over 8.1 m. In subsequent drilling conducted in 2011, a second eastern IP anomaly with a weak associated copper-gold soil anomaly was drill tested and yielded 0.19% CuEq over 117 m of core length, with a high grade zone of 0.39% CuEq (0.15% Cu, 0.43 g/t Au and 0.81 g/t Ag) over 51 m near the top of the hole. These drill holes intersected the copper-gold-silver mineralization in large alteration and breccia zones with grades that compare favourably to the recently reported grades for the newly discovered copper porphyries in northwest British Columbia.

 

GREENWOOD PROPERTY – GEOLOGICAL BACKGROUND

The Company’s Greenwood Property is situated within Quesnelia Terrane, host to the vast majority of British Columbia’s major known copper porphyry deposits from Princeton and Kamloops up to Dease Lake. Airborne surveys conducted by the Company in 2008 and 2009 over three quarters of the Greenwood Property identified numerous moderate to small intrusive bodies which are spatially associated with vast areas of extensive hornfels, some of which is associated with past producing copper-silver-gold skarn mineralization, as in the historic Phoenix and Motherlode areas within the Greenwood Property. The Greenwood area is underlain by numerous deep seated structures with at least three known large scale grabens with intrusions and extensive alteration spatially associated the graben structures. The grabens are young and have preserved Tertiary sediments and volcanics along with underlying older Paleozoic to Triassic rocks within the boundaries of the grabens, likely preserving any potential intrusion-related copper mineralization.

 

FUTURE PLANS

The Company has previously identified seven distinct areas of polymetallic mineralization within its 90,000 ha Greenwood Property. In addition to undertaking further planned drilling on the Ket 28 target and Dayton prospect, the Company will be seeking option and joint venture opportunities for development of the other prospect areas. The Company is also concurrently marketing internationally its Alberta Potash Project, seeking a joint venture partner to fund the next stage of drilling on its northern block, where historic drilling yielded 18.6%K2O (or over 28% KCl potash).

 

Any proposed exploration programs to be conducted on the Company’s properties are subject to financing.

 

*    Copper equivalency (“CuEq”) values disclosed in this news release have been calculated utilizing values of $1,250 per ounce for gold, $20 per ounce for silver and $3.25 per pound for copper.

 

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

 

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

 

On behalf of the Board

Grizzly Discoveries Inc.

/s/ “Brian Testo”

Brian Testo

President

(780) 693-2242

 

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte

IR PRO COMMUNICATIONS INC.

Tel: 604-507-3377

Toll Free: 1-866-503-3377

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

www.irprocommunications.com

 

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

 

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

 

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

 


EDMONTON, ALBERTA – November 26, 2013 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to report that it has received and posted its maiden independent technical report on its Greenwood Gold Project, located in southeastern British Columbia. The independent technical report (the “Report”) was completed by Michael B. Dufresne (a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”) Standards of Disclosure for Mineral Projects), of APEX Geoscience Ltd. (“APEX”) of Edmonton, Alberta and has been prepared in compliance with NI 43-101. The Report has been posted on Sedar and is available on the Company’s website.

HIGHLIGHTS

The Company’s Greenwood Gold Project covers over 90,000 hectares, and includes eight distinct Claim Groups hosting gold, silver and copper mineralization, together with other precious and base metals. Prior surface exploration has included extensive rock, stream and soil sampling totalling more than 10,000 samples together with extensive airborne and ground geophysical surveys across the Greenwood Project. The company has expended approximately $6.5 million on exploration with five separate drilling campaigns totalling 10,363 meters (“m”) in 58 diamond drill holes at a number of targets on the Greenwood Project. It is predicted that there is the potential for mineral resources in several areas of focus within the Greenwood Project. Highlights of the 2008 to 2012 drilling are provided in Table 1 below.

Based upon the results of exploration to date, the Report recommends a phased follow-up exploration program of work within prioritized selected areas of the Greenwood Project. The Report recommends a first phase work program of approximately $837,500 to drill approximately 11 diamond drill holes totalling 2,550 m to test the Dayton claim group, the Ket 28 prospect, and the Motherlode claim group, as well as surface fieldwork at the Mt Attwood claim group. The Report recommends follow up drilling and fieldwork in second and third phase exploration programs to expand upon results obtained to date and new results from the recommended Phase 1, with costs for the second phase estimated at approximately $1.263 million, and for the third phase at $1.223 million.

FUTURE EXPLORATION

The Report identifies high priority drill targets at the Ket 28 prospect, located within the Rock Creek claim group of the Greenwood Project, at which historic drilling in 1994 intersected high grade gold with 52.19 grams per tonne of gold (“g/t Au”) over 3.35 m core length. Drilling by Grizzly in 2009 and 2010 at the Ket 28 prospect following up the historic drilling in the mid 1990`s yielded up to 2.77 g/t Au over 11 m core length and 8.75 g/t Au over 3 m with a higher grade zone of 11.90 g/t Au over 2 m core length (Table 1). Wider intervals of lower grade mineralization were intersected as well with 1.02 g/t Au over 13.5 m core length and 1.19 g/t Au over 10.35 m core length Table 1). The Company’s exploration program, based on recommendations in the Report and currently being planned, will focus on the Ket 28 prospect where the gold mineralization is open along strike and to depth and requires further drill testing. The proposed 1,250 metre drill program will target the gold-prospective zone in the central portion of the Ket 28 prospect, with the intention of developing a maiden mineral resource estimate. The initial Ket 28 drill program is expected to cost approximately $350,000 and is subject to financing.

All of the mineral claims in the Rock Creek claim group are 80% owned by Grizzly and 20% owned by Mineworks Ventures Inc., a private corporation based in Vancouver, BC, as an interest carried to a production decision resulting from a feasibility study.

Grizzly CEO, Brian Testo, stated “Our extensive land position on the Greenwood Property hosts numerous mineralized areas, which the new technical report has outlined. Our focus is to develop a high grade gold resource estimate that can lead to production potential. We believe the Ket 28 prospect has such potential, and this will be the first of several recommended stages of exploration to accomplish our goals in this prolific region of southeastern BC.”

Table 1. Highlights of 2008 to 2012 Drillhole Assay Results.

Drill Hole

Target/
Zone

From
(m)

To
(m)

Interval
(m)

Au
(g/t)

Ag
(g/t)

Pt

(g/t)

Cu
(%)

Pb
(%)

Zn
(%)

10SP03

Sappho Mag 1

64.00

71.00

7.00

0.63

68.40

0.18

0.408

-

0.039

121.00

127.50

6.50

0.75

6.57

0.34

0.306

-

0.010

10CM07

Prince of Wales

41.00

83.00

42.00

0.75

3.91

na

 

0.030

-

0.240

44.00

74.00

30.00

1.00

4.65

na

0.030

-

0.300

66.00

71.00

5.00

4.31

10.14

na

0.060

-

1.210

11ML03

Motherlode North

7.00

26.00

19.00

1.56

11.12

na

 

0.04

0.07

0.30

11.00

15.50

4.50

6.07

15.13

na

0.03

0.20

0.70

14.00

15.50

1.50

17.15

41.70

na

0.06

0.56

1.51

09KT01

Ket 28 Z2

63.00

74.00

11.00

2.77

2.36

na

0.020

-

0.054

65.00

69.00

4.00

3.62

3.65

na

0.032

-

0.093

09KT02

Ket 28 Z1

Ket 28 Z2

 

Ket 28 Z3

11.50

17.50

6.00

1.19

0.67

na

-

-

0.011

52.45

54.00

1.55

6.09

-

na

-

-

-

117.00

120.00

3.00

8.75

3.20

na

0.009

-

0.011

118.00

120.00

2.00

11.90

-

na

-

-

-

09KT03

Ket 28 Z1

20.00

24.00

4.00

2.80

1.35

na

-

-

0.008

22.30

24.00

1.70

5.68

-

na

-

-

-

Ket 28 Z2

49.00

62.50

13.50

1.02

1.61

na

0.010

-

0.036

49.00

50.50

1.50

4.28

-

na

-

-

-

11DA09

Dayton IP2

3.00

120.00

117.00

0.25

-

na

0.010

-

-

3.00

54.00

51.00

0.43

0.81

na

0.150

-

-

*All intervals are core length. NA = not analysed

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 150,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

Grizzly Discoveries Inc.
/s/ “Brian Testo”
Brian Testo
President
(780) 693-2242

 

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

 

Nancy Massicotte
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

 

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – October 10, 2013 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") has completed reviewing its recently received independent technical report on the Greenwood Property (the “Report”), announced by the Company on September 30, 2013, and has selected the Ket 28 prospect as the priority for near-term exploration at the Greenwood Project in South-central British Columbia.

The independent technical report (the “Report”) was completed by Michael B. Dufresne (a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”), of Apex Geoscience Ltd. (“Apex”) of Edmonton, Alberta and has been prepared in compliance with NI 43-101. The Report will be filed on SEDAR within 35 days.


PLANNED EXPLORATION – KET 28

The Report identifies high priority drill targets at the Ket 28 prospect, located within the Rock Creek claim group of the Greenwood Project, at which historic drilling in 1994 intersected high grade gold with 52.19 grams per tonne of gold (“g/t Au”) over 3.35 m core length. Drilling by Grizzly in 2009 and 2010 at the Ket 28 prospect following up the historic drilling in the mid 1990`s yielded up to 2.77 g/t Au over 11 m core length and 8.75 g/t Au over 3 m with a higher grade zone of 11.90 g/t Au over 2 m core length. Wider intervals of lower grade mineralization were intersected as well with 1.02 g/t Au over 13.5 m core length and 1.19 g/t Au over 10.35 m core length.

The Company’s exploration program, based on recommendations in the Report and currently being planned, will focus on the Ket 28 prospect where the gold mineralization is open along strike and to depth and requires further drill testing. The proposed 1,250 metre drill program will target the gold-prospective zone in the central portion of the Ket 28 prospect, with the intention of developing a maiden mineral resource estimate. The initial Ket 28 drill program is expected to cost approximately $350,000 and is subject to financing.

All of the mineral claims in the Rock Creek claim group are 80% owned by Grizzly and 20% owned by Mineworks Ventures Inc., a private corporation based in Vancouver, BC, as an interest carried to a production decision resulting from a feasibility study.

Grizzly CEO, Brian Testo, stated “Our extensive land position on the Greenwood Property hosts numerous mineralized areas, which the new technical report has outlined. Our focus is to develop a high grade gold resource estimate that can lead to production potential. We believe the Ket 28 prospect has such potential, and this will be the first of several recommended stages of exploration to accomplish our goals in this prolific region of southeastern BC”.

INVESTOR RELATIONS CONSULTANT

The Company announces that is has entered into a new investor relations consulting agreement the “IR Agreement”) with Mr. Stephen Smart, an individual residing in Brazil. The Company had previously engaged Mr. Smart for a one year term in 2011. Mr. Smart will provide investor relations services to the Company, including communicating with prospective shareholders to increase awareness of and interest in the Company for a term of two years. Mr. Smart is a corporate finance consultant whose primary business involves introducing clients to investment opportunities. Mr. Smart is a shareholder of the Company.

In consideration of Mr. Smart’s services, the Company will issue to Mr. Smart options (the “Options”) to acquire up to 500,000 common shares of the Company (each, a “Common Share”) at an exercise price of $0.10 per Common Share pursuant to the terms of the Company’s stock option plan (the “Plan”). The Options shall vest in equal quarterly installments during the first year of the term and shall expire two years from issuance or earlier in accordance with the plan.

The IR Agreement is effective for a period of two years, and both the IR Agreement and the issuance of options is subject to the approval of the TSX Venture Exchange.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board
Grizzly Discoveries Inc.
/s/ “Brian Testo”
Brian Testo
President
(780) 693-2242

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information.This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant.

Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA – September 30, 2013 -- Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF; Frankfurt: G6H) ("Grizzly" or the "Company") is pleased to report that it has received a new independent technical report on its Greenwood Project, located in southeastern British Columbia. The independent technical report (the “Report”) was completed by Michael B. Dufresne (a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”) Standards of Disclosure for Mineral Projects), of Apex Geoscience Ltd. (“Apex”) of Edmonton, Alberta and has been prepared in compliance with NI 43-101.  The Report will be filed on SEDAR within 45 days.

HIGHLIGHTS

The Company’s Greenwood Project covers over 90,000 hectares, and includes eight distinct Claim Groups hosting copper, gold and silver mineralization, together with other precious and base metals. Prior surface exploration has included extensive rock, stream and soil sampling together with extensive airborne and ground geophysical surveys across the Greenwood Project. The company has expended approximately $6.5 million on exploration with five separate drilling campaigns totalling 10,363 meters (“m”) in 58 diamond drill holes at a number of targets on the Greenwood Project. It is predicted that there is the potential for mineral resources in several areas of focus within the Greenwood Project

Based upon the results of exploration to date, the Report recommends a phased follow-up exploration program of work within prioritized selected areas of the Greenwood Project. The Report recommends a first phase work program of approximately $837,500 to drill approximately 11 diamond drill holes totalling 2,550 m to test the Dayton claim group, the Ket 28 prospect, and the Motherlode claim group, as well as surface fieldwork at the Mt Attwood claim group. The Report recommends follow up drilling and fieldwork in second and third phase exploration programs to expand upon results to be obtained in the previous phase, with costs for the second phase estimated at approximately $1.112 million, and $1.375 million for the third phase.

FUTURE EXPLORATION

The Company is evaluating the recommendations in the Report in order to select the targets and scope of work for a future focused exploration program at the Greenwood Project, which will be subject to financing.

Brian Testo, President and CEO of Grizzly, stated “We are pleased to receive this technical report documenting our initial prospect identification and follow-up drilling. Since acquiring the property in 2008, we have been successful in the discovery of eight prospect areas containing precious and base metals mineralization. All of them are recommended for further work, with three of them selected for priority attention. We are now evaluating these recommendations to narrow the focus to the area or areas recommended for further work that most closely aligns with the Company’s goal of defining a maiden mineral resource estimate at the Greenwood Project in the near to medium term.”

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta and its precious metals properties in southeastern British Columbia. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board
Grizzly Discoveries Inc.
/s/ “Brian Testo”
Brian Testo
President
(780) 693-2242

For further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte
IR PRO COMMUNICATIONS
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com


The content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

EDMONTON, ALBERTA -- (MARKETWIRE) -- 03/15/13 -- Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to announce the appointment of Mr. Ian Lambert as Chief Operating Officer of the Company effective immediately.

Mr. Lambert is well known in the resource sector, having over 30 years' experience in resource exploration and public company management. Mr. Lambert was formerly CEO and Director for twenty-one years of Trade Winds Ventures Inc. ("Trade Winds"), a TSX Venture Top 50 company which was developing a multi-million ounce gold project in Ontario prior to the sale of Trade Winds to Detour Gold Corporation in a transaction that valued Trade Winds at $84 Million. In addition to precious metals and mineral exploration and development, Mr. Lambert's experience includes exposure to a wide range of business activities including oil and gas development, marketing, manufacturing, and software development.

Mr. Brian Testo, Grizzly CEO, stated, "I would like to welcome Mr. Lambert to Grizzly in his role as COO at this important point in the Company's development. Mr. Lambert's primary focus will be on the advancement of our Alberta Potash Project. His experience and contacts within the resource sector will lead the Company as it considers new opportunities for the advancement of our prospective Alberta Potash assets."

In conjunction with his appointment, the Company has granted Mr. Lambert, subject to regulatory approval, incentive stock options pursuant to the Company's stock option plan to acquire up to 300,000 common shares of the Company ("Common Shares") at an exercise price of $0.10 per Common Share, or such other price acceptable to the TSX Venture Exchange.

Results of Grizzly's Annual General and Special Meeting

The Company held its annual general and special meeting of its shareholders on March 8, 2013, and is pleased to announce the re-election of all incumbent directors, as well as the passing of special resolutions approving the Company's 10% rolling stock option plan, and the repricing of certain stock options held by insiders of the Company, as detailed in the Management Information Circular dated February 11, 2013 available under the Company's profile on SEDAR.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

 

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA -- (MARKETWIRE) -- 01/16/13 -- Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to provide this corporate update and guidance for the Company's upcoming plans for 2013. Exploration is being planned, subject to financing, for its 100% owned Greenwood Gold Project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, BC, its 100% owned Peak and French Polymetallic Project, a 10,000 acre block of mineral claims roughly 65 km northeast of Smithers, BC and for its Alberta Potash Project, which currently consists of approximately 1.7 million acres in central to southern Alberta along the Alberta-Saskatchewan border.

Greenwood Gold Project

Grizzly is pleased to announce it has engaged APEX Geoscience Ltd. (APEX) of Edmonton, Alberta, to provide the Company with a NI 43-101 Technical Report for the Greenwood Gold Project in order to identify priority targets and required exploration, including drilling, for the project. The Company is planning drilling at a number of targets including follow-up drilling planned for the Ket 28 and Dayton areas, along with the drill testing of a number of reconnaissance targets in the Overlander, Motherlode and Mount Attwood areas. The drilling at the Ket 28 area will be designed to expand the existing known gold mineralized zone and proceed to a coherent geological model along with a resource calculation. The drilling at the Dayton area will be designed to follow up on porphyry style intersections from the 2010 and 2011 drill programs and existing coincident soil and chargeability anomalies. The reconnaissance targets in the Overlander, Motherlode and Mount Attwood area comprise a series of coincident geophysical and gold-silver in soil anomalies.

The Company is currently in the process of completing land use applications for the upcoming drill programs. The initiation and completion of the upcoming drilling programs during 2013 will be financing dependent. The Company has recently filed an assessment report with the government of BC that extends 100% of its lands in good standing until 2017 and 40% of it lands to 2020 or 2023.

Central BC Polymetallic Project

During 2012, Amarc Resources Ltd. (Amarc) acquired the polymetallic silver-copper-zinc-lead Silver Vista property near the north end of Babine Lake about 55 km northeast of Smithers, BC (See Amarc News Releases dated July 25th and November 14th, 2012). Amarc has since staked an area of more than 720 km2, entirely encompassing Grizzly's 100% owned Peak and French properties, and has conducted aggressive exploration including a 2,700 line-km airborne survey with extensive soil and stream sediment sampling during the latter half of 2012. Amarc management has indicated that the Silver Vista property has significant potential for the discovery of important bulk tonnage-style silver-copper deposits (Amarc News Release dated November 14th, 2012).

Grizzly holds a 100% interest in the Peak and French polymetallic properties, which are located 65 km north-northeast of Smithers, BC and are 15 km northwest of the MR Zone on the Silver Vista Property. The Peak property is approximately 9,000 acres in size and is easily accessed by road and trails from the community of Fort Babine, 10 km to the east. The French Property is accessible by helicopter only and comprises a single 1,200 acre mineral claim.

Drilling by Grizzly at the Peak Property during 2006 to 2008 encountered extensive low grade polymetallic gold-silver-copper-zinc mineralization in veins and breccia zones similar in style to that described by Amarc for the MR Zone on the Silver Vista Property. Follow-up drilling is warranted and being planned for Grizzly's Peak Property to further test the large IP chargeability and magnetic anomalies spatially associated with much of the polymetallic mineralization intersected to date.

The French Property showing was first discovered in the 1960's and consists of a Late Cretaceous (Bulkley age) copper-molybdenum-silver±gold porphyry complex. Exploration between 1966 and 1971 included prospecting, trenching, trench sampling, geochemical and geophysical surveys culminating in a 6-hole drilling program. An isolated 400 x 400 m magnetic high is associated with a significant copper-molybdenum-silver±gold rock and soil geochemical anomaly. Limited drilling of this magnetic anomaly by Silver Standard Mines Ltd. (1971) returned an intersection of 0.2% copper over a 29.57 metre interval. In addition, trench chip sampling by Mastodon-Highland Bell Mines Ltd. (1968) retuned an intersection averaging 0.22% copper and 1.1 ounces per ton silver over 33.53 metres.

The French porphyry is fault bounded and exists within a complex area of block faulting juxtaposing the Lower and Middle Jurassic Hazelton Group and Upper Cretaceous volcanics against the Lower Cretaceous Bowser Lake Group sediments. Based upon the presence of near flat lying hornfelsed volcanic and sedimentary units, blocks of volcanics within the porphyry (most likely roof pendants) and an extensive pyritic zone, the present day erosional surface is at or near the top of the French porphyry system, which is only now being unroofed. As a result, Grizzly management believes that the French property represents a unique exploration opportunity for the discovery of an intact copper-molybdenum-silver±gold porphyry system associated with a Bulkley aged intrusive complex.

Land use applications have been constructed and submitted to the government in order to conduct drilling programs at its 100% owned French and Peak properties. Land use permits are expected to be granted in the near future.

Alberta Potash Project

Grizzly has recently reduced its land holdings for its South (Medicine Hat) Block from 984,000 acres down to what it considers its core permits of 358,000 acres. Grizzly anticipates a similar sized reduction in its land holdings for its Northern (Lloydminster) Block permits and its 50% owned Provost Permits over the coming months.

Grizzly has recently received a Technical Report "The Report" for its Alberta Potash Project from APEX Geoscience Ltd., of Edmonton, Alberta. The Report recommends further drilling of 4 or 5 potash test wells with a budget of up to $5 million for future work at the Company's Alberta Potash Project. Grizzly is currently reviewing options to obtain financing to complete the recommended potash drilling program. The report is available under the Company's profile on www.SEDAR.com.

All 2013 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire - Dec. 5, 2012) - Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") announces that the Board of Directors of the Company (the "Board") has authorized the grant of stock options under the Company's Stock Option Plan to two consultants of the Company to purchase an aggregate of 200,000 common shares of the Company exercisable at a price of $0.10.

In addition, the Board has approved, subject to approval of the TSX Venture Exchange (the "Exchange"), an amendment of the exercise price of the following stock options granted under the Company's incentive stock option plan to $0.10 per common share of the Company.

Total Number of Options
to be Repriced
Number of Options
Held by Non-Insiders
Number of Options
Held by Insiders
Expiry Date Original Exercise
Price
100,000 100,000 - April 13, 2013 $0.50
500,000 500,000 - August 23, 2013 $0.75
200,000 - 200,000 December 29, 2014 $0.42
625,000 175,000 450,000 January 20, 2015 $0.40
750,000 270,000 480,000 November 10, 2015 $0.30
40,000 40,000 - November 16, 2015 $0.30
200,000 - 200,000 March 11, 2016 $0.47
200,000 - 200,000 April 25, 2016 $0.55
1,100,000 225,000 875,000 October 31, 2016 $0.75
3,715,000 1,310,000 2,405,000

Pursuant to policies of the Exchange, the amendment to the exercise price of incentive stock options held by insiders of the Company must be approved by disinterested shareholders of the Company at the next annual general meeting of shareholders of the Company. Such stock options may not be exercised until disinterested shareholder approval is obtained.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA -- (MARKETWIRE) -- 11/14/12 -- Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") and Northern Securities Inc. (the "Agent") have mutually agreed to cancel the best efforts private placement of Units and Flow-Through Units originally announced and subsequently amended on October 18, 2012 due to unfavourable market conditions.

Management has assessed that financing is currently not available at terms acceptable to the Company in regards to preserving as much as possible the Company's corporate structure, and would cause unreasonable dilution to its existing shareholders. The Company is currently reviewing its exploration plans for the upcoming year in order to maximize the impact of its current available working capital of approximately $1.5 million.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA -- (MARKETWIRE) -- 09/28/12 -- Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H) ("Grizzly" or the "Company") regretfully announces that Mr. Sean Mager has resigned from the Company's Board of Directors effective immediately.

Grizzly's Board and Management wish to thank Mr. Mager for his contributions to the development of Grizzly and wish him the best in his future endeavours. Mr. Mager served as the Company's Chief Financial Officer from January 2006 to March 2011, and was appointed as a Director in March 2009. Mr. Mager will remain as an advisor to the Company.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA -- (MARKETWIRE) -- 09/05/12 -- Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to announce that it has received the final results for the Company's spring drilling program on its 100% owned Greenwood Gold Project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, British Columbia. The Company completed a 5 hole spring core drilling program totaling 1,364 m at the Overlander and P5 Target areas, both in the Mount Attwood area.

Overlander and P5 Targets

The 2011 fieldwork has identified coincident Induced Polarization (IP) chargeability or Horizontal Loop Electromagnetic (HLEM) conductivity anomalies with spatially associated anomalous gold (Au) in selected rock grab samples and soil samples at the Overlander and P5 target areas, both of which are within 2.5 km distance from AMT Industries Canada Inc.'s Golden Crown gold deposit. At the Overlander target area, exploration during 2011 yielded 55 soil samples with greater than 50 parts per billion (ppb) Au up to 546 ppb Au. Rock sampling during 2011 also yielded a total of 9 selected rock grab samples from the Overlander area with greater than 1 gram per tonne (g/t) Au up to 37.9 g/t Au. Two drill holes were completed during May, 2012 in order to test two separate gold in soil anomalies coincident with electromagnetic anomalies (Table 1). A complex package of basalts, feldspar porphyrys, limestone, mudstone along with weak skarn mineralization was intersected in both holes at the Overlander target. Only low grade gold was intersected in both drill holes with up 0.1 g/t Au over 12.0 m in hole 12OL01. The Company intends to drill test a number of additional high priority targets in the Overlander area as funding becomes available.

Table 1: Assay highlights for Grizzly's spring, 2012 drilling program.
Drillhole Zone From (m ) To (m ) Interval (m ) Au (g/t ) Ag (g/t ) Cu % Zn % Ni %
12GCE01 P5 East 63.5 65.0 1.5 3.54 - - - -
P5 UM 165.37 264.5 99.13 - - - - 0.18
12GCE02 Hole Lost
12GCE03 P5 East1 247.0 251.5 4.5 0.18 - - - -
P5 East2 301.0 302.5 1.5 0.27 - - - -
P5 East3 445.5 452.0 6.5 0.11 - - - -
12OL01 OL East 123.5 135.5 12.0 0.1 - - - -
12OL02 OL North1 18.0 18.8 0.8 0.33 - - - -
OL North2 172.0 173.5 1.5 0.29 1.0 - 0.035 -

At the P5 target area, selected rock grab sampling yielded up to 7.3 g/t Au. Soil sampling yielded a total of 13 soil samples with greater than 50 ppb Au up to a maximum of 789 ppb Au. A discreet HLEM conductivity and IP chargeability anomaly associated with the gold in rock and soil sample anomalies was the focus of the 2012 spring drilling program. Two holes tested the anomaly and yielded the intersection of basalt, feldspar porphyry and long intersections of serpentinized ultramafic. Gold was found associated with pyrite bearing quartz veins in the basalt and ultramafic with a highest assay of 3.54 g/t over 1.5 m in hole 12GCE01 (Table 1). The ultramafic in hole 12GCE01 also yielded a long intersection of highly anomalous nickel with 0.18% Ni over 99.13 m (Table 1). The Company intends to conduct further drilling in the vicinity of the P5 target subject to financing.

Alberta Potash Project

Grizzly is pleased to announce that it has received a Technical Report "The Report" for its Alberta Potash Project from APEX Geoscience Ltd., of Edmonton, Alberta. The Report recommends further drilling of 4 or 5 potash test wells with a budget of up to $5 million for future work at the Company's Alberta Potash Project. Grizzly is currently reviewing options to obtain financing to the complete the recommended potash drilling program. The report is available on SEDAR.

All 2012 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

 

Completed 2 Drill Programs so Far in 2012 Through May 31st

EDMONTON, ALBERTA--(Marketwire - June 7, 2012) - Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to announce updates to its business operations. Through May 31, 2012, the Company has spent approximately $1.7 million in exploration on its potash and gold properties during 2012.

Potash Exploration

The Company currently owns 100% of the metallic and industrial mineral rights (including Potash) for 1,928,000 million acres in two blocks (North and South) and a 50% interest (along with Pacific Potash Corp.) in a further 523,000 acres (Provost Property) in Alberta - one of the top mining jurisdictions in the world as per the Fraser Institute.

South Medicine Hat Block (100% ownership)

On February 21, 2012, the Company announced that visible potash minerals were observed in the drill core for the interval between 1,648.5 m and 1,670.85 m below surface. This depth is ideally suited to solution mining due to the presence of high formation temperatures. SRC analytical results yielded weighted average grades of 2.62% K2O (4.15% KCl) over 22.35 m (73.33 ft) at a depth of 1,648.5 m (5,408.46 ft) for a thick low grade zone with a higher grade zone of 8.77% K2O (13.88% KCl) over 2.65 m (8.69 ft) at a depth of 1,649.7 m (5,412.4 ft). Grizzly expects to conduct further drilling of 1 or 2 holes in the South Medicine Hat Block during the 3rd or 4th quarter of 2012.

North Lloydminster Block (100% ownership)

The Company has completed a seismic evaluation and has permitted 4 well site locations for drilling. The Company intends to conduct a drilling program consisting of 1 to 2 drill holes in the North Lloydminster Block during the 3rd or 4th quarter of 2012.

Alberta Potash Project, Provost Property (50% ownership)

During September 2011, the Company signed a letter of intent ("LOI") with Pacific Potash Corp. ("Pacific") to commence a multiple drill hole exploration program on the Grizzly - Pacific 50:50 owned Provost Property. Pacific has discovered high grades of potash with up to 18.76% K2O (29.7% KCl) over 1.55 m (4.93 ft) at depth of 1,327.45 m (4,354.49 ft) at its 100% owned property (See Pacific Potash Corp. news release dated February 15, 2012) located south of the 50:50 Provost Property.

The first well of the Grizzly - Pacific 50:50 property was completed in mid-November 2011. The well yielded a wide, low grade potash zone with two higher grade zones within including up to 6.58% K2O (10.41% KCl) over 0.75 (2.46 ft). Further drilling on the Grizzly - Pacific 50:50 property is being considered for the 3rd or 4th quarter of 2012.

The exact number of potash wells drilled during the 3rd and 4th quarters of 2012 will depend on future capital financings.

Gold Exploration

On March 22, 2012, Grizzly, engaged Lone Peak Drilling to commence drilling on the Company's Greenwood Gold Project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, British Columbia. The Company owns a 100% interest in all of the lands in the Greenwood to Rock Creek area with an 80% interest in the former Rock Creek Gold Joint Venture lands near Bridesville, BC. A diamond drilling program comprised of a total of 1,336 m in 4 holes was completed mid May, 2012 in the Mount Attwood area east of Greenwood. The results of the drilling program are pending and expected during June.

Results from six holes drilled in the Motherlode area of the Greenwood Gold Project in late 2011 revealed a new gold discovery at Motherlode North with the intersection of 1.56 grams per tonne (g/t) gold (Au) and 11.12 g/t silver (Ag) across 19.0 m core length with a high grade zone of 17.15 g/t Au and 41.7 g/t Ag over 1.5 m core length (See Grizzly news release dated January 17, 2012). The historic Motherlode underground and open pit mine produced close to 175,000 ounces of Au, 700,000 ounces of Ag and 77 million pounds of Cu at an average grade of 1.27 g/t Au, 5.04 g/t Ag and 0.82% Cu from a skarn between 1900 and 1962 (British Columbia Minefile 082ESE034). Further drilling is being planned for the 3rd or 4th quarter of 2012. The exact size and nature of the future drilling program at the Motherlode area and across the rest of the Greenwood Gold Project will be financing dependent.

"We are encouraged by the results we have seen so far, especially for our potash and gold projects," began Brian Testo, Director, President and CEO of Grizzly. "Intersections of high grade Au-Ag at Greenwood and high grade potash at our Albert Potash Project over the last 6 months validate the high quality of these exploration projects. We look forward to future aggressive exploration which will hopefully lead to further discoveries at both projects."

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire - June 6, 2012) - Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to announce that it has gone live with a new version of its corporate and investor relations website. Investors can access the new website at www.grizzlydiscoveries.com.

"We have implemented a number of initiatives to help investors better understand Grizzly's growth strategy and resource," explained Brian Testo, Director, President and CEO of Grizzly. "First and foremost, we have reinforced our focus on our potash and gold exploration activities. Second, we have streamlined parts of our website to provide more timely and relevant information for investors. Finally, we have made several upgrades to our investor presentation so investors who are not geologists can better understand our assets and upside potential."

Grizzly's new corporate website includes major upgrades in content, functionality and format, including:

  1. Increased transparency
  2. Shareholder communications
  3. Compliance

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire - May 15, 2012) - Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to announce that it has exercised its option pursuant to the option agreement between Grizzly and Mineworks Ventures Inc. ("Mineworks") dated February 17, 2009 as amended by an amending agreement dated March (the "Option Agreement") to acquire a 100% interest in the Sidley-Dayton Gold Property in the Greenwood District in British Columbia.

Pursuant to the Option Agreement, Grizzly has issued an additional 250,000 common shares of the Company ("Common Shares") to Mineworks at a deemed issue price of $0.28 per Common Share, for an aggregate of 450,000 common shares issued to Mineworks pursuant to the Option Agreement.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire - April 4, 2012) - Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to announce that it has entered into an amending agreement (the "Agreement") with Mineworks Ventures Inc. ("Mineworks") with respect of the option agreement between Grizzly and Mineworks dated February 17, 2009 (the "Option Agreement"), pursuant to which the Company was granted an option to acquire a 100% interest in the Sidley-Dayton Gold Property in the Greenwood District in British Columbia (the "Property").

Pursuant to the Amending Agreement, in order to complete the exercise of the option, Grizzly will issue an additional 200,000 common shares to Mineworks, in lieu of a $100,000 cash payment originally to be paid in 2013, for an aggregate total of 450,000 common shares and cash payments totaling $85,000, including the common shares and cash payments previously paid to Mineworks under the terms of the original Option Agreement.

All other material terms of the Option Agreement have been confirmed, including the retention by Mineworks of a combined 2.5% net smelter royalty on the Property, up to 1.5% of which can be purchased by Grizzly for a price of $1,500,000. The Amending Agreement remains subject to the approval of the TSX Venture Exchange.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -03/22/12)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News)(OTCQX: GZDIF.PK - News)(Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce that Lone Peak Drilling of Kimberley, British Columbia, has been engaged to commence drilling on the Company's Greenwood Gold Project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, British Columbia. The Company is currently planning to commence a 1,000 to 1,500 m surface diamond drilling program by the end of March to test new targets identified by sampling and ground geophysical surveys conducted during 2011 at the Overlander and P5 Target areas, both in the Mount Attwood area. Lone Peak Drilling has initiated mobilization of its drill with the intent to commence drilling late this week or early next week.

Overlander and P5 Targets

The 2011 fieldwork has identified coincident Induced Polarization (IP) chargeability or Horizontal Loop Electromagnetic (HLEM) conductivity anomalies with spatially associated anomalous gold (Au) in selected rock grab samples and soil samples at the Overlander and P5 target areas, both of which are within 2.5 km distance from AMT Industries Canada Inc.'s Golden Crown gold deposit. At the Overlander target area, exploration during 2011 yielded 55 soil samples with greater than 50 parts per billion (ppb) Au up to 546 ppb Au. Rock sampling during 2011 also yielded a total of 9 selected rock grab samples from the Overlander area with greater than 1 gram per tonne (g/t) Au up to 37.9 g/t Au. At the P5 target area, selected rock grab sampling yielded up to 7.3 g/t Au. Soil sampling yielded a total of 13 soil samples with greater than 50 ppb Au up to a maximum of 789 ppb Au. Discreet HLEM conductivity or IP chargeability anomalies associated with the Au in rock and/or soil sample anomalies will be the focus of the upcoming drilling program at these target areas.

Current Greenwood Deal Status

Grizzly is pleased to announce that during the 2011 exploration program the Company completed and surpassed the total expenditure requirements, which totals $CDN 4.1 million, for all three Greenwood Project Option Agreements, including the Greenwood-Copper Mountain, Sidley-Dayton and Rock Creek Gold JV Options. By the end of March, once all cash and share payments are made, the Company will own a 100% interest in all of the lands in the Greenwood-Copper Mountain and Sidley-Dayton options agreements, and an 80% interest in all of the lands that are part of the Rock Creek Gold JV agreement.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -02/21/12)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce that it has discovered potash in a well near Medicine Hat on its 100% owned 984,000 acre South Block of its Alberta Potash Project. The Company currently owns 100% of the metallic and industrial mineral rights (including Potash) for 1,928,000 million acres in two blocks (north and South) and a 50% interest (along with Pacific Potash Corp.) in a further 523,000 acres (Provost Property) in Alberta.

Brian Testo, Director, President and CEO of Grizzly, commented "Our goal with the 2011 drill program was to confirm the presence of potash with potentially economic grades within Alberta. These results confirm the presence of potash on the property and we look forward to future drilling and development of a potential potash resource in Alberta, ranked as one of the top mining jurisdictions in the world by the Fraser Institute, and with a highly advantageous tax and royalty regime, which should have a positive impact on the future economics of an Alberta based potash development."


Table 1: Analytical results for Grizzly's 2011 Potash wells

----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                     Depth                    Thickness
                      ------------------------------------
                             From               To
                      ------------------------------------------------------
Well                        (m)     (ft)      (m)     (ft)      (m)     (ft)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GZD100 Medhat
 8-36-19-1W4           1,648.5 5,408.46 1,670.85 5,481.79    22.35    73.33
----------------------------------------------------------------------------
Upper Zone             1,649.4 5,411.42 1,653.95 5,426.35     4.55    14.93
----------------------------------------------------------------------------
includes               1,649.7 5,412.40 1,652.35 5,421.10     2.65     8.69
----------------------------------------------------------------------------
includes               1,651.2 5,417.32 1,652.35 5,421.10     1.15     3.77
----------------------------------------------------------------------------
includes               1,651.7 5,418.96  1,652.0 5,419.95      0.3     0.98
----------------------------------------------------------------------------
Lower Zone             1,661.7 5,451.77  1,665.0 5,462.60      3.3    10.83
----------------------------------------------------------------------------
PPC40 Provost
 10-11-040-01W4        1,258.5 4,128.94  1,281.8 4,205.38     23.3    76.44
----------------------------------------------------------------------------
Upper Zone            1,258.85 4,130.09 1,263.35 4,144.85      4.5    14.76
----------------------------------------------------------------------------
includes              1,258.85 4,130.09  1,259.6 4,132.55     0.75     2.46
----------------------------------------------------------------------------
Lower Zone             1,280.7 4,201.77  1,281.8 4,205.38      1.1     3.61
----------------------------------------------------------------------------

----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                        Grade          Grade          Grade
                                          K2O            KCl            MgO
Well                                     (wt%)          (wt%)          (wt%)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GZD100 Medhat
 8-36-19-1W4                             2.62           4.15           0.09
----------------------------------------------------------------------------
Upper Zone                                6.4          10.14           0.11
----------------------------------------------------------------------------
includes                                 8.77          13.88           0.10
----------------------------------------------------------------------------
includes                                 13.0          20.58           0.14
----------------------------------------------------------------------------
includes                                 31.1          49.23           0.09
----------------------------------------------------------------------------
Lower Zone                               2.45           3.88           0.06
----------------------------------------------------------------------------
PPC40 Provost
 10-11-040-01W4                          1.84           2.91           1.18
----------------------------------------------------------------------------
Upper Zone                               3.14           4.97           1.57
----------------------------------------------------------------------------
includes                                 6.58          10.41           1.67
----------------------------------------------------------------------------
Lower Zone                               5.39           8.54           4.41
----------------------------------------------------------------------------

Alberta Potash Project, South (Medicine Hat) Block

Well GZD100 Medhat 8-36-19-1W4, located within the east-central part of the property, was mobilized on November 28, 2011 to complete a potash test well on the Company's South Block of the Alberta Potash Project near Medicine Hat, Alberta. The drill rig completed the test well on December 12, 2011. Coring commenced at 1,642 metres ("m") below surface. Visible potash minerals were observed in the drill core for the interval between 1,648.5 m and 1,670.85 m below surface. The well cored a thick (22.35 m) zone of Prairie Evaporite Formation salt with low grade potash at a depth of 1,648.5 m (5,408.46 ft), which is the approximate depth of the Belle Plaine Solution Mine in Saskatchewan. This depth is ideally suited to solution mining due to the presence of high formation temperatures. Within the wide low grade potash zone, the drilling intersected two zones of sylvite mineralization (Upper zone and Lower zone) within the Patience Lake Member, near the top of the Prairie Evaporite Formation. Core samples from well GZD100 Medhat 8-36-19-1W4, were collected by Norwest Corporation ("Norwest") in Calgary, Alberta and forwarded to the Saskatchewan Research Council's ("SRC") Geoanalytical Laboratories in Saskatoon, Saskatchewan.

SRC analytical results from Well GZD100 Medhat 8-36-19-1W4 yielded weighted average grades of 2.62% K2O (4.15% KCl) over 22.35 m (73.33 ft) at a depth of 1,648.5 m (5,408.46 ft) for the low grade zone. The interval contains higher grade portions including 6.4% K2O (10.14% KCl) over 4.55 m (14.93 ft), 8.77% K2O (13.88% KCl) over 2.65 m (8.69 ft) and 13.0% K2O (20.58% KCl) over 1.15 m (3.77 ft) within the Upper Zone and 2.45% K2O (3.88% KCl) over 3.3 m (10.83 ft) in the Lower Zone. A summary of the analytical results for both the Upper Zone and the Lower Zone is shown in Table 1. Low grades of MgO indicate that sylvite is the major potash mineral, rather than carnallite. In 1980, historic oil well DEML MEDHAT 6-36-19-1W4, located 800 m west of the current well location, yielded a gamma log spike of about 218 API units at a depth of approximately 1,662 m below surface for a calculated maximum potash grade of approximately 22% K2O. Drill intercepts likely represent true thickness as the holes were drilled vertically and the potash zones are flat lying.

Alberta Potash Project, Provost (50:50) Property

As described in the Company's news release dated November 2, 2011, a drill rig was mobilized to well site 10-11-40-1W4 in east-central Alberta to complete a potash test well on the jointly-owned 50:50 Provost Potash Property. During September 2011, the Company signed a letter of intent ("LOI") with Pacific Potash Corp. (PPC: TSXV; "Pacific") to commence a multiple drill hole exploration program on the Grizzly - Pacific 50:50 owned Provost Property. The first well was completed in mid November. The core was sent to Norwest where it was logged and sampled. The core samples were then forwarded to the SRC for full geochemical analysis (Table 1). The well yielded a wide, low grade potash zone with two higher grade zones within including 6.58% K2O (10.41% KCl) over 0.75 (2.46 ft). Further drilling is under consideration south of Pacific's 100% owned Provost Property, where some higher grades have been reported by Pacific (see Pacific's news release dated February 15, 2012).

Future Work - Alberta Potash Project

Currently the Company has permitted for four additional well site locations on the 100% owned North Block of its Alberta Potash Project, near Lloydminster, Alberta, with two sites near Vermillion, Alberta and two sites near Provost, Alberta. The Company is also permitting two further well site locations on its South Block. Once drill rigs become available from winter drilling commitments, Grizzly will engage a rig for drilling at least one more well in the exploration phase of its drilling.

One of the well locations that has been permitted is designed to test an area in close proximity to a reported occurrence of potash minerals in well (VCO #15) in the Vermilion area on the 100% owned North Block of Grizzly's Alberta Potash Project. The author reporting the occurrence suggested that the potash mineral "sylvite exists in substantial quantities" "throughout the first 50 feet of the Prairie Evaporite" (Golden, B.Sc., 1965). The author also suggested the potash minerals "are of the same composition and depositional sequence and depth as the potash at Unity and Saskatoon, Saskatchewan", currently the location of a number of potash mines. Recent analytical work by the Alberta Geological Survey (Eccles et al., 2009) on what is left of the core from VCO #15 has yielded up to 18.6% K2O utilizing a hand held XRF instrument and confirms the observations of Golden (1965). The reported occurrence of potash minerals is at a depth of approximately 1,061 m below surface.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -01/17/12)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News)(OTCQX: GZDIF.PK - News)(Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce assay results from its late-2011 exploration drill program at its Greenwood Gold Project in British Columbia, including the discovery of a new gold-silver zone in the Motherlode area.

Motherlode Gold-Silver-Zinc Discovery - Greenwood Gold Project

Results have been received for 6 holes drilled in the Motherlode area. North of the historic Motherlode mine, drilling of a coincident magnetic and electromagnetic anomaly has yielded a new gold discovery with the intersection of 1.56 grams per tonne (g/t) gold (Au) and 11.12 g/t silver (Ag) across 19.0 m core length with a high grade zone of 17.15 g/t Au and 41.7 g/t Ag, 0.56% lead (Pb) and 1.51% zinc (Zn) across 1.5 m core length in hole 11ML03 (see Table 1). Drillhole 11ML05, collared 40 m northeast of 11ML03, yielded similar results, with 1.64 g/t Au and 3.15 g/t Ag across 14.85 m core length with a higher grade zone of 6.79 g/t Au and 11.1 g/t Ag and 1.04% Zn across 1.5 m. Hole 11ML04, drilled beneath 11ML03, yielded 0.51 g/t Au and 1.02 g/t Ag over 13.5 m core length with a higher grade zone of 3.43 g/t Au, 2.90 g/t Ag and 0.8% Zn over 1.5 m core length (see Table 1).

The Au-Ag+Cu+Zn intersections in drillholes 11ML03, 11ML04 and 11ML05 are associated with fine grained pyrite, sphalerite and galena in chlorite-biotite altered hornfelsed late Paleozoic to Triassic sedimentary rocks adjacent to a small alkalic intrusion. Breccia zones and silicification are common in the hornfels zone. Small sections of marble and skarn with elevated precious and base metals were intersected in all three holes. Further drilling is being planned for the Motherlode North discovery.

Wide low grade bulk tonnage style gold-silver-polymetallic mineralization has been intersected in the vicinity of the historic Greyhound open pit mine, including 0.15 grams per tonne (g/t) gold (Au) and 0.81 g/t silver (Ag) along with 0.02% copper (Cu) and 0.03% zinc (Zn) over 84.0 m core length, with a higher grade zone of 0.46 g/t Au and 2.09 g/t Ag across 11.44 m (see Table 1). The precious metal zone with elevated copper (Cu), Pb and Zn in 11ML01, drilled near the Greyhound open pit, is associated with a strongly silicified, brecciated zone of hornfelsed sediments and calc-silicate skarn with pyrite, pyrrhotite and trace chalcopyrite.

The historic Motherlode underground and open pit mine produced close to 175,000 ounces of Au, 700,000 ounces of Ag and 77 million pounds of Cu at an average grade of 1.27 g/t Au, 5.04 g/t Ag and 0.82% Cu from a skarn between 1900 and 1962 (British Columbia Minfile 082ESE034). The new Au-Ag zone has been discovered approximately 900 m north of the historic Motherlode open pit.

 

TABLE 1. Summary assay results for drill holes 11ML01 to 11ML06.
----------------------------------------------------------------------------
                          From     To Interval    Au    Ag
Drillhole          Zone    (m)    (m)      (m) (g/t) (g/t)  Cu %  Pb %  Zn %
----------------------------------------------------------------------------
  11ML01      Greyhound   42.5  126.5     84.0  0.15  0.81  0.02     -  0.03
           -----------------------------------------------------------------
               includes  50.56   62.0    11.44  0.46  2.09  0.06  0.04  0.06
           -----------------------------------------------------------------
               includes  61.03   62.0     0.97  2.97  4.50  0.05  0.06  0.12
           -----------------------------------------------------------------
               Includes  116.0  125.0      9.0  0.33  0.86  0.01  0.01  0.01
           -----------------------------------------------------------------
                    and  149.0  150.5      1.5  2.54  3.10  0.05     -  0.23
----------------------------------------------------------------------------
  11ML02      Greyhound   94.0  237.0    143.0  0.07  0.75  0.01  0.01  0.03
           -----------------------------------------------------------------
               includes   94.0  104.5     10.5  0.20  0.86  0.01  0.01  0.02
           -----------------------------------------------------------------
               includes  179.0  186.5      7.5  0.32  4.80  0.02  0.05  0.33
           -----------------------------------------------------------------
                    and  326.0  327.5      1.5  2.72   0.9     -     -     -
----------------------------------------------------------------------------
  11ML03   Motherlode N    7.0   26.0     19.0  1.56 11.12  0.04  0.07  0.30
           -----------------------------------------------------------------
               includes   11.0   15.5      4.5  6.07 15.13  0.03  0.20  0.70
           -----------------------------------------------------------------
               includes   14.0   15.5      1.5 17.15 41.70  0.06  0.56  1.51
----------------------------------------------------------------------------
  11ML04   Motherlode N   8.95   30.0    21.05  0.34  1.10  0.02  0.01  0.11
           -----------------------------------------------------------------
               includes   10.5   24.0     13.5  0.51  1.02  0.02     -  0.16
           -----------------------------------------------------------------
               includes   13.5   15.0      1.5  3.43  2.90  0.08  0.01  0.80
----------------------------------------------------------------------------
  11ML05   Motherlode N   24.5   53.0     28.5  0.88  1.90  0.01  0.02  0.25
           -----------------------------------------------------------------
               includes   27.5  42.35    14.85  1.64  3.15  0.01  0.04  0.47
           -----------------------------------------------------------------
               includes   39.5  42.35     2.85  4.11  6.88  0.04  0.03  1.04
           -----------------------------------------------------------------
               includes   39.5   41.0      1.5  6.79  11.1  0.05  0.05  1.79
----------------------------------------------------------------------------
  11ML06   Motherlode N                  No Significant Assays
----------------------------------------------------------------------------

Dayton Gold-Copper Discovery - Greenwood Gold Project

Results have been received for the last four holes drilled (11DA011 to 11DA14) at the Dayton area in 2011, and similar to the first two holes (11DA09 and 11DA10), they have yielded a wide, bulk tonnage style, low grade Au-Cu zone of mineralization (see Table 2). Drillhole 11DA13 was drilled into the main Dayton induced polarization ("IP") chargeability anomaly (IP1) and yielded 0.10 g/t Au and 0.04% Cu over 315.71 m of core length with a higher grade zone of 0.24 g/t Au and 0.1% Cu over 37.0 m core length (see Table 2). Similar to drill hole 11DA09, the low grade bulk tonnage style mineralization starts at surface immediately below the casing and continues over most of the length of the drill hole. Drill hole 11DA09 was drilled into IP2 and yielded an intersection grading 0.25 g/t Au and 0.07% Cu over 117 m core length with a higher grade zone of 0.43 g/t Au and 0.15% Cu over 51.0 m core length at the top of the hole (see Table 2). The Au-Cu mineralization is hosted in mixed basalt and hornfelsed sediments with significant zones of breccia with feldspar porphyry clasts, discreet felsic intrusions, silicification and up to 5% pyrite and minor chalcopyrite. The mineralization was discovered by drill testing coincident anomalous Au in soils and induced polarization ("IP") chargeability anomalies. Other than anomalous silver, barium and phosphorous, few other anomalous trace elements are present. The style of mineralization and alteration is in line with intrusion related porphyry style Au-Cu deposits.

Current Drilling Plans - Greenwood Gold Project

Grizzly is planning to follow-up the results at the Motherlode area with further drilling and is planning to complete drilling at the Overlander and P5 targets in the Golden Crown - Phoenix area, where gold in soil anomalies have been identified in association with EM anomalies identified by ground HLEM surveys. Grizzly expects to commence drilling towards the end of January or early February.

 

TABLE 2. Summary assay results for drill holes 11DA09 to 11DA14.
----------------------------------------------------------------------------
                        From         Interval      Au      Ag         Pb  Zn
Drillhole        Zone    (m)  To (m)      (m)   (g/t)   (g/t)  Cu %    %   %
----------------------------------------------------------------------------
  11DA14   Dayton IP3                  No Significant Assays
----------------------------------------------------------------------------
  11DA13   Dayton IP1    5.0  320.71   315.71    0.10       -  0.04    -   -
           -----------------------------------------------------------------
             includes    7.0   142.0    135.0    0.15       -  0.05
           -----------------------------------------------------------------
             includes    7.0    44.0     37.0    0.24       -  0.10    -   -
----------------------------------------------------------------------------
  11DA12   Dayton IP1    7.0  115.67   108.67    0.14       -  0.05    -   -
           -----------------------------------------------------------------
             includes    8.5    23.5     15.0    0.21       -  0.07    -   -
           -----------------------------------------------------------------
                  and  101.5  115.67    14.67    0.33       -  0.08    -   -
----------------------------------------------------------------------------
  11DA11   Dayton IP1    6.0   103.0     97.0    0.10       -  0.02    -   -
           -----------------------------------------------------------------
             includes    9.0    49.5     40.5    0.14       -  0.02    -   -
----------------------------------------------------------------------------
 11DA10(i) Dayton IP1    9.0   343.0    334.0    0.07       -  0.03    -   -
           -----------------------------------------------------------------
             includes    9.0   130.5    121.5    0.14       -  0.03    -   -
           -----------------------------------------------------------------
             includes   15.0   114.0     99.0    0.15       -  0.03    -   -
           -----------------------------------------------------------------
             includes  318.0   334.5     16.5    0.01       -  0.07    -   -
----------------------------------------------------------------------------
 11DA09(i) Dayton IP2    3.0   120.0    117.0    0.25       -  0.01    -   -
           -----------------------------------------------------------------
             includes    3.0    54.0     51.0    0.43    0.81  0.15    -   -
           -----------------------------------------------------------------
             includes    6.5   37.53    31.03    0.46    0.72  0.16    -   -
----------------------------------------------------------------------------
(i)Previously released results in the Company's news release dated November
23, 2011.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -12/14/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to provide the following update on continuing exploration activities at its Alberta Potash Project and its Greenwood Gold Project. Brian Testo, President of Grizzly, stated that "we are extremely excited about intersecting visible potash minerals in our first potash test well on our 100% owned Alberta Potash Project and are eagerly anticipating laboratory assay results expected in January to confirm this. We are also very excited about the new discovery of low grade bulk tonnage style gold-copper mineralization intersected at two targets at the Dayton area and the potential to expand and improve upon previously identified mineralization".

Current Exploration Status - Alberta Potash Project

A drill rig was mobilized on November 28 to well site 8-36-19-1W4 in southeast Alberta to complete a potash test well on the South Block of the Company's 100% owned Alberta Potash Project near Medicine Hat, Alberta. The test well was completed and the drill rig was released on December 12, 2011. Coring commenced at 1,642 metres ("m") below surface and visible potash minerals were observed in the drill core for the interval between 1,650.1 m and 1,655.7 m below surface. The core has been sent to Norwest Corporation ("Norwest") in Calgary, Alberta for secure storage until such time as the core can be logged, sampled and sent for geochemical analysis. The Company anticipates that the drill core will be logged, dry sawed and sampled by personnel from APEX Geoscience Ltd. ("APEX") in conjunction with Norwest over the next several weeks. The split core samples will be forwarded to the Saskatchewan Research Council ("SRC") in Saskatoon, Saskatchewan for full geochemical analysis. Geochemical results are expected to be released in the latter half of January, 2012.

In 1980, historic oil well DEML MEDHAT 6-36-19-1W4, located 800 m west of the current well location, yielded a gamma log spike of approximately 218 API units at a depth of approximately 1,662 m below surface for a calculated maximum potash grade of approximately 22% K2O.

Dayton Gold-Copper Discovery - Greenwood Gold Project

The Company has received and released results for the first two holes, 11DA09 and 11DA10 (see the Company's news release dated December 6, 2011) at the Dayton target area, which resulted in the discovery of new low grade bulk tonnage style gold-copper mineralization in the area. The Company is awaiting assay results for the remaining four holes, which are expected over the next two weeks. The results for drill holes 11DA11 to 11DA14 are expected to be reported in January, 2012. All samples are being analyzed for gold by standard fire assay and for trace metals by multi-acid digestion ICP at ALS Chemex, Vancouver, BC.

Current Drilling - Greenwood Gold Project

A drill is currently at the Motherlode area to complete a 6 hole exploration program testing gold-in-soil anomalies spatially associated with electromagnetic ("EM") targets before Christmas. After completion of the Motherlode drill program, the drill will be moved to one or more targets at the Overlander and/or the Ket 28 areas to test gold-in-soil anomalies and/or EM targets. The Company expects to re-commence drilling at the Overlander and Ket 28 target areas along with a number of other targets early in 2012. Assay results are anticipated to arrive for the Motherlode drilling and be released in the latter half of January 2012.

All 2011 and 2012 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -12/06/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News)(OTCQX: GZDIF.PK - News)(Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to provide the following update on continuing exploration activities at its Alberta Potash Project and its Greenwood Gold Project.

Current Exploration Status - Alberta Potash Project

A drill rig was mobilized on November 28th to well site 8-36-19-1W4 in southeast Alberta to complete a potash test well on the South Block of the Company's 100% owned Alberta Potash Project near Medicine Hat, Alberta. The drill rig commenced drilling on November 29th and is currently proceeding to core point at approximately 1,650 metres ("m") below surface. In 1980, historic oil well DEML MEDHAT 6-36-19-1W4, located 800 m west of the current well location, yielded a gamma log spike of about 218 API units at a depth of approximately 1,662 m below surface for a calculated maximum potash grade of approximately 22% K2O.

The Company anticipates that coring of the Prairie Evaporite, which contains the main potash-bearing zone along with down hole geophysics, will be completed in the next week. Once the well is completed, drill core will be logged, dry sawed and sampled by personnel from APEX Geoscience Ltd. ("APEX") in conjunction with Norwest Corporation ("Norwest") in Calgary, Alberta. The split core samples will be forwarded to the Saskatchewan Research Council ("SRC") in Saskatoon, Saskatchewan for full geochemical analysis. Geochemical results are expected to be released early 2012.

The Company has received and reviewed the results of a seismic interpretation report recently received from RPS Boyd Petrosearch for the North Block of the Alberta Potash Project near Lloydminster, Alberta. The Company has engaged Barlon Engineering and Taylor Land Services to license up to four locations for potash test wells on the North Block. Depending upon drill rig availability and progress on well licensing, one well may be drilled sometime during the 1st quarter of 2012.

In September 2011, the Company signed a letter of intent with Pacific Potash Corporation ("Pacific") to commence a multiple potash test well exploration program on the Grizzly - Pacific 50:50 owned Provost Property, near Provost, Alberta. The first well on the 50:50 owned Provost Permits was completed in mid-November. Drill core has been shipped to Norwest where it will be logged, dry sawed and sampled in the following week. The samples will be sent to the SRC for geochemical analysis. Results are expected sometime in early January 2012 and will be released following receipt and review by Grizzly and Pacific.

Dayton Gold-Copper Discovery - Greenwood Gold Project

Results have been received for the second 2011 hole drilled in the Dayton area (11DA10), and similar to the first drill hole (11DA09), it has yielded a wide, bulk tonnage style, low grade gold-copper zone of mineralization grading 0.14 grams per tonne ("g/t") gold ("Au") and 0.03% copper ("Cu") over 121.5 m of core length (see Table 1). Similar to drill hole 11DA09, the low grade bulk tonnage style mineralization starts at surface immediately below the casing and continues over most of the length of the drill hole. Drill hole 11DA09 yielded an intersection grading 0.25 g/t Au and 0.07% Cu over 117 m core length with a higher grade zone of 0.43 g/t Au and 0.15% Cu over 51.0 m core length at the top of the hole (see Table 1). The Au-Cu mineralization is hosted in a unit of basalt with significant breccia zones comprised of basalt and feldspar porphyry clasts with silicification and up to 5% pyrite and minor chalcopyrite. The mineralization was discovered by drill testing coincident anomalous Au in soils and induced polarization ("IP") chargeability anomalies. Other than anomalous silver, barium and phosphorous, few other anomalous trace elements are present. The style of mineralization and alteration is in line with intrusion related porphyry style Au-Cu deposits.

 

TABLE 1. Summary assay results for drill holes 11DA09 and 11DA10.

----------------------------------------------------------------------------
                           From     To  Interval     Au     Ag    Cu  Pb  Zn
Drillhole        Zone       (m)    (m)       (m)  (g/t)  (g/t)     %   %   %
----------------------------------------------------------------------------
           Dayton IP1       9.0  343.0     334.0   0.07      -  0.03   -   -
         -------------------------------------------------------------------
11DA10       includes       9.0  130.5     121.5   0.14      -  0.03   -   -
         -------------------------------------------------------------------
             includes      15.0  114.0      99.0   0.15      -  0.03   -   -
         -------------------------------------------------------------------
             includes     318.0  334.5      16.5   0.01      -  0.07   -   -
----------------------------------------------------------------------------
           Dayton IP2       3.0  120.0     117.0   0.25      -  0.01   -   -
         -------------------------------------------------------------------
11DA09(i)    includes       3.0   54.0      51.0   0.43   0.81  0.15   -   -
         -------------------------------------------------------------------
             includes       6.5  37.53     31.03   0.46   0.72  0.16   -   -
----------------------------------------------------------------------------
11DA11     Dayton IP1  Results Pending
----------------------------------------------------------------------------
11DA12     Dayton IP1  Results Pending
----------------------------------------------------------------------------
11DA13     Dayton IP1  Results Pending
----------------------------------------------------------------------------
11DA14     Dayton IP3  Results Pending
----------------------------------------------------------------------------
(i)Previously released results in the Company's news release dated November
23, 2011.

As described in the Company's news release dated October 24th, 2011, drilling commenced in early October at the Dayton Prospect targeting IP chargeability electromagnetic ("EM") anomalies identified by the 2011 IP survey. The first two drill holes, drilled into two separate IP EM anomalies, intersected significant thicknesses (greater than 50 m core length) of brecciated volcanics, volcaniclastics, sediments and feldspar porphyry with intervals of silicification, quartz vein stockworks and associated sulphides. A total of 1,838 m in 6 holes were completed at a variety of targets in the Dayton area. Drilling wrapped up at the Dayton area mid-November. The results for drill holes 11DA11 to 11DA14 are pending and are expected to be reported in January 2012. All samples are being analyzed for Au by standard fire assay and for trace metals by multi-acid digestion ICP at ALS Chemex, Vancouver, BC.

Brian Testo, President of Grizzly, states that "we are extremely excited about our first potash test well on our 100% owned potash permits in southern Alberta and we are excited about the new discovery of low grade bulk tonnage style Au-Cu mineralization intersected at two targets at the Dayton area and the potential to expand and improve upon the known mineralization intersected in 2010."

Current Drilling Plans - Greenwood Gold Project

The drill has been moved to the Motherlode area and has commenced a 4 to 6 hole exploration program testing Au in soil and EM targets. Once the Motherlode drill program is completed, the drill will be moved to one or more targets at the Overlander and/or the Ket 28 areas to test Au in soil anomalies and/or EM targets. Drilling is expected to continue to about mid-December with the plan to drill a total of approximately 4,000 m. The fieldwork to date has resulted in the identification of new drill targets at the P2, P4 and B4-B5 target areas. Land use applications for drilling at these new target areas as well as the Copper Mountain area have been submitted to the Ministry of Energy and Mines in Cranbrook, British Columbia. These assay results are anticipated to arrive and be released in mid to late January 2012.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -11/23/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce the discovery of a new bulk tonnage style low grade gold-copper zone at the Dayton area near the Mt. McKinney gold camp at its Greenwood Gold Project. The new discovery highlights the excellent potential for the discovery of not only hydrothermal and skarn related gold-copper deposits, but bulk tonnage style, porphyry related gold copper deposits.

Dayton Gold-Copper Discovery - Greenwood Gold Project

Results have been received for the first hole in the 2011 program (11DA09) which has intersected a wide zone of bulk tonnage style, low grade gold-copper mineralization grading 0.25 grams per tonne (g/t) gold (Au) and 0.07% copper (Cu) over 117 meters (m) core length. This mineralized zone starts at surface immediately below the casing and is comprised of a higher grade zone of 0.43 g/t Au and 0.15% Cu over 51.0 m core length at the top of the interval. The Au-Cu mineralization is hosted in basalt with significant breccia zones comprised of basalt and feldspar porphyry clasts with silicification and up to 5% pyrite and minor chalcopyrite. The mineralization was discovered by drill testing coincident anomalous Au in soils and induced polarization (IP) chargeability anomalies. Other than anomalous silver, barium and phosphorous, few other anomalous trace elements are present. The style of mineralization and alteration is typical of intrusion related (calc-alkaline) porphyry style Au-Cu deposits.

As described in the Company's news release dated October, 24th, 2011, drilling commenced in early October at the Dayton Prospect targeting IP chargeability electromagnetic (EM) anomalies identified by the 2011 IP survey. The first two holes, drilled into two separate IP EM anomalies, intersected significant thicknesses (greater than 50 m core length) of brecciated volcanics, volcaniclastics, sediments and feldspar porphyry with intervals of silicification, quartz vein stockworks and associated sulphides. A total of 1838 meters (m) in 6 holes were completed at a variety of targets in the Dayton area. Drilling wrapped up at the Dayton area mid November. The results for 11DA10 to 11DA14 are pending lab analysis and will be reported as soon as they are available.

Brian Testo, President of Grizzly, states that "we are excited about the new discovery at Dayton area and the potential to expand and improve upon the known gold-copper mineralization intersected in 2010 at the Dayton area."

Current Drilling Plans - Greenwood Gold Project

The drill has been moved to the Motherlode area and has commenced a 4 to 6 hole exploration program testing Au in soil and EM targets. Once the Motherlode drill program is completed, the drill will be moved to one or more targets at the Overlander and/or the Ket 28 areas to test Au in soil anomalies and/or EM targets. Drilling is expected to continue into early December with the plan to drill a total of between 4,000 and 5,000 m. The field work to date has resulted in the identification of new drill targets at the P2, P4 and B4-B5 target areas. Land use applications for drilling at these new target areas, as well as those for the Copper Mountain area, have been submitted to the Ministry of Energy and Mines in Cranbrook, British Columbia. Assay results are anticipated to arrive and be released between December and January.

Current Exploration Status - Alberta Potash

As described in the Company's news release dated November 2, 2011, a drill rig was mobilized to site 10-11-40-1W4 in east-central Alberta to complete a potash test well on the jointly-owned 50:50 Provost Potash Property. During September 2011, the Company signed a "Letter Of Intent" (LOI) with Pacific Potash Corporation (Pacific) to commence a multiple potash drill hole exploration program on the Grizzly - Pacific 50:50 owned Provost Permits. The LOI indicates that a minimum of one well will be drilled and that the costs will be shared equally by Grizzly and Pacific. Depending upon results, up to three wells may be drilled on the Grizzly - Pacific 50:50 Provost Potash Project. The first well was completed in mid November. The drill core has been shipped to Exova's testing facilities in Calgary, Alberta where the core will be logged, dry sawed, sampled and sent to the Saskatchewan Research Council for geochemical analysis. Analyses are expected sometime in middle to late December.

Grizzly has also engaged Barlon Engineering and Taylor Land Services to license two locations for potash test wells on its 100% owned South Block near Medicine Hat. The licences have been granted and the first well site is in preparation. Drilling is expected to commence on first of these drill sites in the next week.

Grizzly is reviewing the results of a seismic interpretation report recently received from RPS Boyd Petrosearch for its 100% owned North Block near Lloydminster. Once reviewed, the Company will engage Barlon and Taylor to complete well site licensing on at least two or three well locations. At least two core holes will be drilled at these locations during early 2012.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -11/02/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") and Pacific Potash Corporation (TSXV: PP.V - News) ("Pacific") are pleased to announce that they have completed site preparations at the 50:50 Provost Property near Provost, Alberta to drill the first well on the property at the 10-11-40-1W4M location.

The 50:50 Provost Property is jointly owned by Grizzly and Pacific, and initial potash exploration drilling on the property in 2011 is funded jointly by Grizzly and Pacific in proportion to their respective 50% interests. The drill rig has been mobilized to the prepared well site 10-11-40-1W4 location. Drilling at the 50:50 Provost Property should commence shortly. This exploratory well and the 1,460 metre well just completed by Pacific at its 100%-owned Provost Property, adjacent to the jointly owned 50:50 Provost Property, are believed to be the first exploratory wells drilled in Alberta to test specifically for Potash.

Within the Region and underlying the 50:50 Provost Property lies the potash-bearing Patience Lake Member of the Prairie Evaporite formation. The Patience Potash Member is anticipated to range from three to ten metres thick, at depths of 1,300 to 1,450 metres. It is anticipated that drilling of the exploratory well at the 50:50 Provost Property will require approximately 7 to 10 days to complete and geophysically log.

All Grizzly 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M. Sc., P.Geol., a principal of Apex Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -10/31/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") announces that the Board of Directors has, subject to the approval of the TSX Venture Exchange, granted stock options to directors and a consultant of the Company to acquire up to an aggregate 1,100,000 common shares of Grizzly ("Shares") under the Company's stock option plan (the "Plan"), of which 1,050,000 were granted to directors of Grizzly. The aggregate 1,100,000 options vest upon issuance. The stock options are exercisable at a price of $0.75 per Share and shall expire on October 31, 2016 or earlier in accordance with the Plan.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -10/26/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News)(OTCQX: GZDIF.PK - News)(Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to provide the following updates on continuing exploration activities at its Greenwood Gold Project, its Alberta Potash Project, and its 50%-owned Provost Property, jointly owned with Pacific Potash Corporation ("Pacific").

Current Exploration Status - Greenwood Gold Project

The Stage 1 field-based exploration program which began in May 2011 continues to progress. The program consists of extensive ground geophysical and sampling surveys. To date, approximately 7,000 soil samples and 500 rock grab samples have been collected and shipped to ALS Chemex in Vancouver, British Columbia. More than 200 line-km of ground electromagnetic (EM) surveys, and more than 120 line-km of ground magnetic surveys have also been completed. The work has resulted in the identification of several new drill targets in different areas of the property.

Drilling commenced in early October at the Dayton Prospect targeting IP chargeability EM anomalies identified by the 2011 IP survey. The first two holes tested two separate IP EM anomalies, one 200 m x 300 m and the second roughly 150 m by 200 m. Each hole intersected significant thicknesses (greater than 50 m of core length) of brecciated volcanics, volcaniclastics and sediments with intervals of silicification, quartz vein stockworks and associated sulphides.

Brian Testo, President of Grizzly, states that "we are excited about the size and intensity of the sulphidized breccia zones visible in the new Dayton drill core and the potential to significantly improve the known gold-copper mineralization intersected in 2010. We have prioritized the zones of interest for logging and sampling so that we can get the samples into the lab for rush analyses".

Once the Dayton drilling is completed, the drill will be moved to targets at the Ket 28, Motherlode and Overlander areas. Drilling will continue into early December with the plan to drill a total of 4,000 to 5,000 m. The 2011 field work to date also identified new drill targets at the P2, P4 and B4-B5 target areas. Land use applications for drilling at these new target areas as well as the Copper Mountain area have been submitted to the Ministry of Energy and Mines in Cranbrook, British Columbia. Assay results for the current drilling campaign are expected in early December through January.

Current Exploration Status - Alberta Potash Project and 50%-owned Provost Property

In September of 2011, the Company signed a letter of intent ("LOI") with Pacific to commence a multiple drill hole (well) potash exploration program on the Grizzly - Pacific 50:50 Provost Property. Grizzly and Pacific have engaged Barlon Engineering Group Ltd. ("Barlon") and Taylor Land Services ("Taylor") both of Calgary, Alberta, to prepare the required well licensing and site preparations for three well site locations. Pursuant to the LOI, a minimum of one well will be drilled with costs shared equally by Grizzly and Pacific. Subject to results from the initial well and approval from Grizzly and Pacific, up to two additional wells may be drilled on the property. Pacific has received well licences and has commenced drilling on its 100%-owned Provost Property, adjacent to the 50:50 Provost Property (See Pacific News Release dated October, 25th, 2011). Once one or both of these wells are completed it is anticipated that the drill will move to one of the selected sites on the 50:50 owned Provost Property to drill one or more wells.

Grizzly has also engaged Barlon and Taylor to license two well site locations on its 100%-owned South Block of the Alberta Potash Project, northeast of Medicine Hat, Alberta. At least one well site will be prepared and a well drilled in November, 2011.

Grizzly expects receipt of a seismic interpretation report from RPS Boyd Petrosearch for its 100% owned North Block of the Alberta Potash Project, centered near Lloydminster, Alberta. The Company intends to engage Barlon and Taylor to complete well site licensing on at least two well locations in the North Block. The Company expects to drill at least two wells at these locations during late 2011 or early 2012.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -09/22/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce that Lone Peak Drilling of Kimberley, British Columbia, will shortly commence drilling on the Company's 100% owned Greenwood Gold Project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, British Columbia. The Company commenced ground exploration in early May. Drill permits were recently received from the British Columbia Ministry of Energy and Mines for the Ket 28, Dayton and Motherlode target areas; a 4,000 to 5,000 m surface diamond drilling program on these and a number of new target areas is planned. Lone Peak Drilling has initiated equipment mobilization with the intent to commence drilling late this week or early next week.

Current Exploration Status

The Stage 1 field-based exploration program which began in May 2011 continues. The program consists of extensive ground geophysical surveys including: induced polarization ("IP") surveys; horizontal loop electromagnetic ("HLEM") surveys; Promis electromagnetic ("EM") surveys; magnetometer surveys; prospecting; rock and soil sampling. This work is coupled with geological mapping at existing targets including: Copper Mountain, Ket 28, and the Dayton area as well as new targets identified by detailed analysis of airborne geophysical surveys conducted in 2008 and 2009. To date, approximately 6,700 soil samples and 394 rock grab samples have been collected and shipped to ALS Chemex in Vancouver, British Columbia. More than 94 line-km of IP surveys (at 9 targets), more than 75 line-km of ground HLEM and Promis EM surveys, and more than 105 line-km of ground magnetic surveys have also been completed.

New Targets for Follow-up Exploration

The 2011 fieldwork has identified coincident IP or HLEM anomalies with spatially associated gold in soil anomalies of greater than 100 parts per billion (ppb) gold at the Copper Mountain, Overlander, P2, P4, P5 and B4-B5 target areas. Additional gold in soil anomalies have been identified in conjunction with IP anomalies at previously drilled targets including Ket 28, Dayton and the Motherlode areas. Anomalous rock grab sample with greater than 5 grams per tonne (g/t) gold or greater than 1% copper, in most cases, are spatially coincident with magnetic or EM anomalies that have been identified at the Overlander, Motherlode, P5, B7, Ket 28, Dayton and the Copper Mountain target areas. A number of the gold in soil anomalies and anomalous rock grab samples that are spatially associated with geophysical anomalies, including HLEM and IP anomalies are targets to be drill tested during this program. A number of the anomalies are also coincident with historic workings that have, to the Company's knowledge, never been drilled.

Future Work

Additional land use applications for drilling have been submitted to the Ministry of Energy and Mines in Cranbrook, British Columbia and are being processed for approval for the Copper Mountain and Overlander target areas. Drilling applications are in progress for the P2, P4, P5 and B4-B5 target areas. Drilling will commence shortly and continue through to the end of November, 2011. Grizzly has planned a minimum budget of approximately $1.2 million for 4,000 to 5,000 metres of diamond drilling on the Greenwood Gold Project in 2011.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -09/19/11)- Grizzly Discoveries Inc. (TSX-V: GZD.V - News) (OTCQX: GZDIF.PK - News) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce that it has signed a letter of intent ("LOI") with Pacific Potash Corporation ("Pacific") to commence a multiple target exploration program on the Grizzly - Pacific 50:50 Property surrounding Pacific's 100%-owned Provost Property. Grizzly and Pacific have engaged Barlon Engineering and Taylor Land Services, both of Calgary, Alberta, to coordinate the required well licensing and site preparations for three well site locations. The LOI indicates that a minimum of one well will be drilled and that the costs will be shared equally by Grizzly and Pacific. Depending upon results, up to three wells may be drilled on the 50:50 Provost Property. Drilling on the 50% owned Provost Property is expected to commence in October. Grizzly is also making preparations for the drilling of up to 5 wells on its 100%-owned Alberta Potash Property's North and South Blocks.

Grizzly - Pacific 50:50 Jointly Owned Provost Property

In late 2010 and 2011, Grizzly and Pacific submitted 24metallic and industrial mineral ("MAIM") permit applications to the Alberta Government totaling approximately 527,000 acres on the basis of a 50:50 ownership split. The permits were granted between April and August, 2011. The analysis of all the available geophysical logs for historic oil wells on the property has revealed a high probability of potash-bearing beds underlying the Grizzly - Pacific 50:50 Property. More specifically, the Company's analysis has indicated that the east-central and southeastern areas of the property have very high potential for economic-grade potash beds. Gamma-ray responses from historic oil and gas wells suggest that the grades of potash-bearing beds underlying the property could attain grades ranging from 15% to 25% K2O across thicknesses of 1 to 5 m (Klarenbach, P.Geol., 2009). These responses all occur at a depth of about 1,300 m in the uppermost 60 m of the Prairie Evaporite Formation, which is the main host to potash deposits in Saskatchewan (Holter, 1969). The potential quantity and grade mentioned above is conceptual in nature, there has been insufficient exploration on the property to define a mineral resource and it is uncertain if further exploration will result in the target being delivered as a mineral resource.

Grizzly's 100% owned Alberta Potash Property

The Company currently has a 100% interest in just over 1.88 million acres in two major blocks, with the North block centered about the town of Lloydminster and the South block northeast of Medicine Hat (see Grizzly's web site at www.grizzlydiscoveries.com for an updated map).

RPS Boyd PetroSearch is currently completing an analysis of seismic data acquired over both the northern Lloydminster Block and southern Medicine Hat Block. The studies are nearing completion and once completed will be used to identify exploration drill targets on Grizzly's 100%-owned MAIM Alberta Potash Property permits. These targets are planned to be drilled upon completion of drilling on the 50:50 jointly owned Provost Property. It is anticipated that drilling will commence on Grizzly's 100% owned Alberta Potash Property sometime during the latter half of October.

A large portion of Grizzly's 100%-owned Alberta Potash Property permits exist in close proximity to or directly contain areas that are underlain by potash bearing beds within the uppermost portion of the Prairie Evaporite Formation. Recent analytical work by the Alberta Geological Survey (Eccles et al., 2009) on the remaining core from VCO#15 has yielded up to 18.6% K2O. The occurrence of potash minerals in VCO#15 is at a depth of approximately 1,061 m below surface and is 1.4 km from the North block of the Alberta Potash Property. Recent staking by Grizzly has led to the acquisition of lands that contain a historic oil test well, DML Medhat 6-36-19-1, that has a gamma log spike that is indicative of a potash intersection of approximately 21.6 % K2O over 1 to 2 meters. The intersection is at a depth of approximately 1,660 m below surface, which is an ideal depth for potential solution mining due to the heat of the formation. The potential quantity and grade mentioned above is conceptual in nature, there has been insufficient exploration on the property to define a mineral resource and it is uncertain if further exploration will result in the target being delivered as a mineral resource.

Grizzly is planning to license and prepare at least 5 well site locations, and plans to drill at least two potash test holes on its 100% owned Alberta Potash Project.

All Grizzly Discoveries 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -09/02/11)- Grizzly Discoveries Inc.   (TSX-V: GZD.V - News) (OTCQX: GZDIF) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce that it has entered into an investor relations agreement (the "Agreement") with Mr. Stephen Smart, an individual residing in Brazil. Mr. Smart will provide investor relations services to the Company, including communicating with prospective shareholders to increase awareness of and interest in the Company.

Mr. Smart is a corporate finance consultant whose primary business involves introducing clients to investment opportunities.  Mr. Smart is a shareholder of the Company.

In consideration of the services provided, the Company will issue to Mr. Smart options (the "Options") to acquire up to 500,000 common shares of the Company (each, a "Common Share") at an exercise price of $0.75 per Common Share pursuant to the terms of the Company's stock option plan (the "Plan").  The Options shall vest in equal quarterly installments during the first year of the term and shall expire five years from issuance or earlier in accordance with the Plan. The issuance of the Options is subject to the approval of the TSX Venture Exchange.

The Agreement is effective for a period of 12 months commencing August 23, 2011 and is subject to the approval of the TSX Venture Exchange.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -08/02/11)- Grizzly Discoveries Inc. (TSX-V: GZD) (OTCQX: GZDIF) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") announces an update to its Greenwood Gold Project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, British Columbia. The Company, with a 100% interest in this project, commenced ground exploration in early May.

Current Exploration Status

The Stage 1 field-based exploration program which began in May 2011 continues to progress. The program consists of extensive ground geophysical surveys including: induced polarization ("IP") surveys; horizontal loop electromagnetic ("HLEM") surveys; Promis electromagnetic ("EM") surveys; magnetometer surveys; prospecting, and; rock and soil sampling. This is coupled with geological mapping at a number of existing targets including: Copper Mountain, Ket 28, and the Dayton area as well as a series of new targets identified by detailed analysis of airborne geophysical surveys conducted in 2008 and 2009. To date, approximately 4,700 soil and rock samples have been collected and shipped to ALS Chemex in Vancouver, British Columbia. More than 94 line-km of IP surveys (at more than 9 targets), more than 25 line-km of ground HLEM and Promis EM surveys, and more than 56 line-km of ground magnetic surveys have also been completed. The planned ground work is budgeted at approximately $1.2 million and will continue through early August, with results to follow.

Overlander Target Area

A total of 1,306 soil samples and 67 rock samples have been collected at the Overlander target area. Gold and multi-element geochemical results have been received for all samples. The soil sampling, conducted at a line spacing of 100 meters ("m") with sample points every 25 m, yielded 54 samples with greater than 50 parts per billion ("ppb") gold ("Au") and 21 samples with greater than 100 ppb Au. Rock grab sample geochemical analysis yielded 7 samples with greater than 5 grams per tonne ("g/t") Au, with 5 of the samples with greater than 10 g/t Au and up to 37.9 g/t Au. A number of these gold in soil anomalies and anomalous rock grab samples are spatially associated with geophysical and/or geological anomalies, including HLEM and IP anomalies, along with historic workings that have never been drilled. These coincident anomalies represent drill targets.

Future Work

Land use applications for drilling have been submitted for the Ket 28, Copper Mountain, Dayton, and Overlander Target areas and the Company plans to commence drilling by early fall 2011. Grizzly has planned a minimum budget of approximately $2.4 million for exploration on the Greenwood Gold Project in 2011, including an approximate 5,000 meter drill program.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire -07/25/11)- Grizzly Discoveries Inc. (TSX-V: GZD) (OTCQX: GZDIF) (Frankfurt: G6H.F - News) ("Grizzly" or the "Company") is pleased to announce that it has applied for a new metallic and industrial mineral permit in Alberta (the "Permit") covering approximately 4,672 hectares (11,680 acres) to add to its existing land holdings of more than 2.4 million acres for its Alberta Potash Project. The Permit is located 67 km northeast of the City of Medicine Hat along the Saskatchewan border.

The permit application was submitted to cover an area that has a historic oil test well, DML Medhat 6-36-19-1, which has a gamma log spike indicative of a potash intersection of approximately 21.6 % K2O over 1 to 2 meters. The intersection is at a depth of approximately 1,660 m below surface, which is an ideal depth for potential solution mining due to the heat of the formation. Grizzly currently holds more than 968,000 acres of existing metallic and industrial mineral permits in its Medicine Hat Block that are adjacent to and completely surrounding the area of the new application. Grizzly is planning to drill at least one potash test hole in the Medicine Hat area in the last quarter of 2011.

Planned 2011 Drill Program

The Company is currently planning to apply for permits to drill two holes, and drill at least one hole, on each of: its 100% owned North block in the Provost-Lloydminster area; its 100% owned South block in the Medicine Hat area, and; the Company's 50%-owned Provost Property with Pacific Potash Corporation. Permitting and drilling on the Provost Property is expected to be funded jointly by Grizzly and Pacific Potash Corporation in proportion to each party's 50% interest. Further updates will be provided once permitting has been completed and drill contractors selected.

All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.

About Grizzly Discoveries Inc.

Grizzly is a diversified Canadian mineral exploration company listed on the TSX Venture Exchange with 48.7 million shares issued, focused on developing significant Potash assets in Alberta. The Company holds, or has an interest in: metallic and industrial mineral permits for potash totaling more than 900,000 acres along the Alberta-Saskatchewan border; over 235,000 acres of precious-base metal properties in British Columbia; and more than 600,000 acres in properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.

On behalf of the Board

Grizzly Discoveries Inc.

Brian Testo, President

For further information, please visit our website at http://www.grizzlydiscoveries.com.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242
IR PRO COMMUNICATIONS
Nancy Massicotte
Investor Relations
604-507-3377 or Toll Free: 1-866-503-3377
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.irprocommunications.com

All of the Company’s historical disclosures are available at www.sedar.com.

EDMONTON, ALBERTA--(Marketwire - 07/21/11) - Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H - News) ("Grizzly" or the "Company") is pleased to announce that it has entered into an investor relations agreement (the "Agreement") with MZHCI, LLC, an MZ-Group Company (the "Consultant" or "MZHCI"). MZ-HCI will provide investor relations advice to the Company, including assistance in developing, implementing and maintaining awareness of the Company among equity brokers, analysts, micro-cap portfolio/fund managers, market makers and appropriate financial and trade publications.MZ group (www.groupmz.com) is world's largest independent global investor relations and corporate communications firm. With offices in New York, Chicago, San Diego, Sao Paulo, Beijing, Shanghai, Hong Kong and Taipei, the firm currently has over 270 professionals serving more than 530 clients located throughout 10 countries.MZHCI, an MZ company provides innovative, customized services to domestic and multinational companies through a unique, fully-integrated "one-stop-shop" business model. Their teams' experience includes more than seven years across greater China and Asia."We believe the secular bull market in commodities will continue for the foreseeable future and that global fiscal uncertainties will continue to benefit precious metals, while a thriving consumer base in the BRIC countries will drive increased Potash consumption. Grizzly is well positioned to benefit from both of these positive trends," stated Matthew Hayden, Chairman of MZHCI, LLC.In consideration of the services provided, the Company will pay MZHCI a monthly consulting and services fee of US$5,000 per month payable on the first day of each month for the 12 month period of the contract or a one time yearly fee of US$60,000. MZHCI is at arm's length to the Company.The Agreement is effective for a period of 12 months commencing July 15, 2011 and is subject to the approval of the TSX Venture Exchange.About Grizzly Discoveries Inc.Grizzly trades on the TSX Venture Exchange under the symbol GZD, on the OTCQX exchange under the symbol GZDIF, and the Frankfurt Exchange under the symbol G6H, with 48,315,268 common shares issued and outstanding.Grizzly is an aggressive Canadian exploration company focused on: exploring for potash in Alberta; world class gold and base metal deposits in British Columbia; and diamonds in Alberta. Grizzly holds, or has an interest in, metallic and industrial mineral permits for potash totaling more than 2.34 million acres along the Alberta-Saskatchewan border. Grizzly currently has four precious-base metal properties in British Columbia totaling over 235,000 acres. Grizzly also currently holds more than 600,000 acres in diamond properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.On behalf of the BoardGrizzly Discoveries Inc.Brian Testo, PresidentCaution concerning forward-looking informationThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All of the Company’s historical disclosures are available at www.sedar.com.

 

EDMONTON, ALBERTA--(Marketwire - 07/15/11) - Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H - News) ("Grizzly" or the "Company") is pleased to provide the following update for its Alberta Potash Project.Key PointsThe Company has:



-- engaged RPS Boyd PetroSearch ("Boyd") to acquire and interpret seismic
data;
-- applied for three new metallic and industrial mineral permits totaling
about 65,000 acres in conjunction with Pacific Potash Corporation
("PPC") on a 50:50 ownership basis, and;
-- begun preparation and planning to complete a minimum of 3 drillholes on
its 100%-owned potash lands.

Brian Testo, President and Chief Executive Officer of Grizzly, states that "our investors have given us a clear mandate to advance our potash and gold exploration projects. This potash program will utilize approximately $3 million of the $8 million we have raised since December, 2010, which is comparable to our expenditures on gold exploration this season. These programs have the potential to deliver one or more new discoveries and are the most aggressive in the Company's history."The Company currently has a 100% interest in just over 1.88 million acres in two major blocks, with the North block centered about the towns of Lloydminster and Provost and the South block Northeast of Medicine Hat (see Grizzly's web site at www.grizzlydiscoveries.com for an updated map). In addition, Grizzly holds a 50% interest in an additional 458,000 acres in 21 Metallic and Industrial Mineral Permits ("MAIM Permits"), the Provost Property, centered on the town of Provost along the Alberta - Saskatchewan border. The Company's entire Alberta Potash Project is underlain by the potash-bearing Prairie Evaporite Formation. The property is road accessible and can be explored year round.Seismic WorkThe Company has engaged Boyd of Calgary, Alberta to conduct an aggressive Stage 1 seismic data acquisition and interpretation program in order to identify drill targets on the most prospective areas of potash on its 100%-owned MAIM Permits in the Alberta Potash Project. Once Boyd completes its work, a series of drill targets will be selected for drilling, leading to land use applications for drilling. The Company will then engage a drilling contractor with the intent to commence drilling late in the 3rd or 4th calendar quarter of 2011.New Metallic & Industrial Mineral Permit ApplicationsGrizzly and PPC, on a tenants-in-common basis, have applied for three additional MAIM Permits totaling approximately 65,000 acres located along the Alberta - Saskatchewan Border and immediately adjoining the 458,000 acre existing Provost Property acquired with PPC in April, 2011. These lands were acquired to cover potential extensions into Alberta of the Patience Lake Member of the Prairie Evaporite Formation, as documented by the Saskatchewan Ministry of Energy and Resources Open File 2009-24. This document interprets the eastern margins of the new permits to be underlain by 3 to 6 meter thicknesses of potash within the Patience Lake Member, which in turn is overlain by a salt back of 1 to 3 meters. Thickness of the salt back increases to the north, attaining 3 to 6 meters near the Alberta - Saskatchewan border north of Provost.Planned 2011 Drill ProgramThe Company is currently planning to apply for permits to drill two holes on its 100% owned North block in the Provost-Lloydminster area and two holes on its 100% owned South block in the Medicine Hat area In addition, the Company will drill two holes on the Provost Property with PPC funding in proportion to its 50% interest in the Provost Property. In the Lloydminster area, the Patience Lake Member of the Prairie Evaporite Formation is interpreted to occur at depths ranging from 1,050 to 1,100 m. In the Provost area, the Patience Lake Member is interpreted to occur at depths ranging from 1,300 to 1,450 m below surface. Klarenbach (2009) suggested that gamma-ray responses from historic oil and gas wells in the area may indicate 1 to 5 m thick potash beds with grades ranging from 15 to 25 per cent K2O. In the Medicine Hat area, the Patience Lake Member is interpreted to occur at depths ranging from 1,600 to 1,650 m below surface.Further updates will be provided once permitting has been completed and drill contractors selected.All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.About Grizzly Discoveries Inc.Grizzly trades on the TSX Venture Exchange under the symbol GZD, on the OTCQX exchange under the symbol GZDIF, and the Frankfurt Exchange under the symbol G6H, with 48,315,268 common shares issued and outstanding.Grizzly is an aggressive Canadian exploration company focused on exploring for: potash in Alberta; world class gold and base metal deposits in British Columbia; and diamonds in Alberta. Grizzly holds, or has an interest in, metallic and industrial mineral permits for potash totaling more than 2.34 million acres along the Alberta-Saskatchewan border. Grizzly currently has four precious-base metal properties in British Columbia totaling over 235,000 acres. Grizzly also currently holds more than 600,000 acres in diamond properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.On behalf of the BoardGrizzly Discoveries Inc.Brian Testo, PresidentCaution concerning forward-looking informationThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All of the Company’s historical disclosures are available at www.sedar.com.

 

EDMONTON, ALBERTA--(Marketwire - 06/30/11) - Grizzly Discoveries Inc. (TSX-V:GZD)(OTCQX: GZDIF)(Frankfurt:G6H - News) ("Grizzly" or the "Company") is pleased to announce that the TSX Venture Exchange has approved the Company's application to extend the expiry date of 5,363,333 outstanding common share purchase warrants of the Company (see the Company's news release dated June 20, 2011).Pursuant to this approval, holders of an aggregate of 5,363,333 warrants to purchase common shares of Grizzly issued on July 5, 2010 and July 14, 2010 will have the right to exercise their warrants for one additional year to July 5, 2012. The exercise prices of the amended warrants remain unchanged at $0.50 for 3,963,333 of the amended warrants and $ 0.60 for 1,400,000 of the amended warrants. The original terms of the amended warrants are described in Grizzly's news releases dated July 5, 2010 and July 14, 2010.The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.About Grizzly Discoveries Inc.Grizzly trades on the TSX Venture Exchange under the symbol GZD, on the OTCQX exchange under the symbol GZDIF, and the Frankfurt Exchange under the symbol G6H, with 48,315,268 common shares issued and outstanding.Grizzly is an aggressive Canadian exploration company focused on: exploring for potash in Alberta; world class gold and base metal deposits in British Columbia; and diamonds in Alberta. Grizzly holds, or has an interest in, metallic and industrial mineral permits for potash totaling more than 2.34 million acres along the Alberta-Saskatchewan border. Grizzly currently has four precious-base metal properties in British Columbia totaling over 235,000 acres. Grizzly also currently holds more than 600,000 acres in diamond properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.On behalf of the BoardGrizzly Discoveries Inc.Brian Testo, PresidentNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All of the Company’s historical disclosures are available at www.sedar.com.

 

EDMONTON, ALBERTA--(Marketwire - 06/23/11) - Grizzly Discoveries Inc. (TSX-V:GZD) (OTCQX: GZDIF) (Frankfurt:G6H - News) ("Grizzly" or the "Company") is pleased to provide an update for its 2011 Exploration Program on its Greenwood Gold Project. The Company currently has a 100% interest in just over 225,000 acres in a single major block of mineral claims centered on the town of Greenwood, British Columbia. The Company commissioned APEX Geoscience Ltd. (APEX) of Edmonton, Alberta to mobilize field crews to the Greenwood area in early May to commence ground exploration in advance of a planned 5,000 metre drill program on new and existing high quality targets. "With a healthy treasury from this year's successful financing, Grizzly has designed the 2011 Exploration Program on the Greenwood Project as a systematic and scientific approach which we believe may lead to a new discovery in the Greenwood area," stated Brian Testo, President and Chief Executive Officer of the Company, "and Stage 1 of the program, currently underway, will enable us to focus our drilling later in the year exclusively on high quality targets."Immediate and Future WorkAn aggressive Stage 1 field exploration program is underway, including extensive ground geophysical surveys comprised of an induced polarization ("IP") survey conducted by Peter E. Walcott & Associates Ltd. of Vancouver, B.C.. Horizontal loop electromagnetic ("HLEM") survey, Promis electromagnetic ("EM") survey, and magnetometer survey. In addition, prospecting, rock and soil sampling, along with geological mapping, are underway at a number of existing targets including Copper Mountain, Ket 28, and the Dayton area. New targets identified by detailed analysis of the 2008 and 2009 airborne geophysical surveys are also being developed. The focus of the 2011 exploration program is to identify drill targets that are similar in nature to Kinross's Buckhorn Gold Skarn Deposit and Midway's Golden Eagle Epithermal Gold Deposit located in the State of Washington, each of which are reported to contain indicated resources of more than one million ounces of gold.To date, approximately 1,600 soil and rock samples have been collected and have been shipped to ALS Chemex in Vancouver, B.C. for analysis. More than 70 line-km of IP surveys (over a minimum of 9 previously identified targets) and more than 20 line-km of HLEM and Promis EM surveys have also been completed. The planned ground work is budgeted at $1.0 million and will continue into late July or early August.Upon completing interpretation of data from the Stage 1 program, drill targets will be selected, prioritized and land use applications for drilling will be submitted. The Company plans to commence drilling in late summer or early fall 2011 and has allocated a minimum budget of $1.2 million on 5,000 metres of drilling at Greenwood in 2011.With recent price increases in silver, the Company plans to examine its land holdings for silver potential. The historic Phoenix Mine, located in close proximity to and surrounded by the Greenwood Gold Project mineral claim holdings, produced more than 6 million ounces of silver. There are a number of historic showings and old workings from which silver was produced on Greenwood Project's mineral claims in the area. Each of these historic showings and workings will be examined during the field program that is underway.All 2011 field and office exploration programs are conducted under the supervision of Mr. Michael Dufresne, M.Sc., P.Geol., a principal of APEX Geoscience Ltd. and a Qualified Person under National Instrument 43-101.About Grizzly Discoveries Inc.Grizzly trades on the TSX Venture Exchange under the symbol GZD, on the OTCQX exchange under the symbol GZDIF, and the Frankfurt Exchange under the symbol G6H, with 48,315,268 common shares issued and outstanding.Grizzly is an aggressive Canadian exploration company focused on exploring for: potash in Alberta; world class gold and base metal deposits in British Columbia; and diamonds in Alberta. Grizzly holds, or has an interest in, metallic and industrial mineral permits for potash totaling more than 2.34 million acres along the Alberta-Saskatchewan border. Grizzly currently has four precious-base metal properties in British Columbia totaling over 235,000 acres. Grizzly also currently holds more than 600,000 acres in diamond properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.On behalf of the BoardGrizzly Discoveries Inc.Brian Testo, PresidentFor further information, please visit our website at http://www.grizzlydiscoveries.com or contact Investor Relations.Caution concerning forward-looking informationThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All of the Company’s historical disclosures are available at www.sedar.com.