Category: Project Generators

Edmonton, Alberta–(Newsfile Corp. – September 8, 2026) – Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (“Grizzly” or the “Company”) is pleased to announce that preliminary results for a Phase 2 sampling program conducted in June 2026 to follow up trenching conducted at the Midway Precious Metals and Critical Minerals Target and Induced Polarization (“IP”) chargeability results at the Sappho Critical Minerals Target (Figure 1).

Highlights

• Significant Gold and Silver from chip samples in a trench extending the Main Midway Mine trend with up to 22.8 grams per tonne (g/t or ppm) gold (Au) and up to 1,120 g/t silver (Ag) (Figures 2 and 3; Table 1).
• Additional samples in trenches immediately east of the Main Midway Mine with up to 1.7 g/t Au and to the southwest with up to 2.7 g/t Au. Drilling is set to test these anomalous samples and the historical Midway Mine this fall, 2026 (Figures 2 and 3; Table 1).
• The Midway area is a window into the Paleozoic – Triassic rocks through the Toroda Graben and Tertiary volcanics that fill the graben.
• Follow up sampling in the vicinity of the Sappho Chargeability Anomaly identified in early to mid 2026 (See Company News Release dated July 6, 2026) has yielded 4.73 g/t Au from quartz float at the headwaters of Norwegian Creek but coincident with the northeast edge of the anomaly (Figure 4).
• Host rocks in the area are mapped as late Paleozoic to Early Triassic metasedimentary rocks including carbonates and calcareous shales. A number of dykes, stocks and large intrusions are mapped in the area and likely range from Jurassic to Cretaceous to Eocene in age.
• The Geological Setting is the East Fault Contact of the Toroda Graben with numerous pyroxenite-monzonite-diorite (older – Jurassic) and younger quartz-feldspar porphyry (QFP)-diorite (Tertiary) intrusions into the sedimentary package and the overlying younger intermediate-mafic volcanics.
• The East and West Faults of the Toroda Graben likely played a role in controlling the Au-Ag mineralization for the Buckhorn Skarn and Mine to the southwest and the Cu-Au-Ag mineralization for the Motherlode/Greyhound skarns in the Greenwood area (Figure 1).
• Permitting of drill locations to test the Sappho Chargeability Anomaly is underway. The Company is planning to complete an initial drill test this fall, 2026.

The Company is currently in the process of permitting additional drillhole pads to complete drill testing of a number of the chargeability targets during a fall drilling program at the Motherlode Critical Minerals Target area along with potentially the Sappho Critical Minerals Target area and the Midway Precious Metals – Critical Minerals Target area. Further IP work, geological mapping and surface sampling centered on several of the targets is planned prior to the commencement of drilling.

Figure 1: Midway and Sappho Target Areas 2026.

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Figure 2: Midway Mine area Plan View Geology – Summary Rock & Soil Results.

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Figure 3: Main Midway Vein Structure and Mineralization.

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Brian “Griz” Testo, President & CEO of Grizzly Discoveries, states: “Trenching during June 2026 has extended the known surface extent of the Main Midway vein structure and mineralization pictured in Figure 3. New samples have yielded significant gold and silver and the Grizzly team is excited to see what drilling might show us at both the historical Midway Mine and the Sappho Chargeability Target – we will continue to refine these targets to the drill ready stage for drilling in the next couple of months and look forward to identifying and presenting some new discoveries for the shareholders of Grizzly.”

Table 1: Midway Mine and Sappho Rock Sampling 2026 – Summary Results.

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Ongoing Exploration

The 2026 exploration work was suspended in July and August during high fire season but has recommenced and will be ongoing through the fall and includes prospecting and rock sampling at targets in the Motherlode area, the Rock Creek area, the Midway area, the Copper Mountain area, the Overlander-Attwood area and at the Sappho area (Figure 1). Additional groundwork including ground geophysical surveys are being planned and will comprise IP, magnetics and Loupe electromagnetics (EM) for the Sappho, the Midway and Motherlode areas (Figure 1). Additional drilling is planned from October to December. Results as they become available from the 2026 work will be released as they are received.

Figure 4: Sappho Chargeability Anomaly Plan View – Recent Rock Sample Results.

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Summary of the Midway Mine Area

• At Midway, selective rock grab and composite rock grab samples collected during 2022 from outcrop at the Midway Mine-Picturestone area, yielded a range of 12.05 g/t or 0.351 ounces per ton (opt) Au up to 70.8 g/t (2.065 opt) Au (See Company news release dated October17, 2022 and Figure 5 below).
• Three (3) of the 7 selective rock grab samples from the Midway Mine yielded from 1,360 g/t Ag (39.7 opt) up to 2,140 g/t Ag (62.4 opt) (see Company news release dated October 17, 2022).
• Two new showings identified in 2023 near the historical Midway Mine including up to 5.64 g/t Au (0.165 opt) from a showing 400 m to the north of Midway and up to 4.19 g/t Au (0.122 opt) from a grab sample collected about 375 m to the west of the Midway Mine.
• At least 6 new areas with anomalous gold (> 100 ppb), copper (>200 ppm) and silver in soils have been identified at Midway in work conducted between 2022 and 2024.
• The Midway area is being targeted for copper-gold skarn and epithermal gold-silver.
• All highly anomalous samples are from outcrop and characterized by the presence of abundant pyrite, arsenopyrite with visible galena and sphalerite in a siliceous chalcedonic host. The mineralization is hosted in polymetallic veins that display the presence of Pb, Zn, Cu, arsenic (As) and antimony (Sb) and are likely epithermal in nature.
• A selective rock grab sample from outcrop 200 m west of the main Midway Mine yielded 15.85 g/t Au (0.462 opt) and 1,530 g/t Ag (44.6 opt), illustrating that there is potential for additional high-grade mineralization in the area.

Figure 5: Midway geology and showings with gold in soils and rocks.

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ASSAY METHODOLOGY & QUALITY CONTROL (QA/QC)

The analytical work on the Greenwood Critical Minerals Project was performed by the ALS Global Limited in Kamloops and North Vancouver, an internationally recognized analytical service provider. All core and rock samples were prepared using ALS procedure PREP-31A (dry, crush to 70% passing 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns) and analyzed by method PGM-ICP27 (30g fire assay with ICP finish for Au, Pt and Pd) and ME-ICP61a (0.5g, four acid digestion and ICP-AES/MS analysis) for multi-elements. Any samples containing >10g/t Au are reanalyzed using method FAS-415 (30g Fire Assay with gravimetric finish). Samples containing >100 ppm Ag and/or >1% Cu, Pb, & Zn are reanalyzed using method ICF-6 (0.2g, 4-acid digest and ore grade ICP-AES analysis). Rock samples were analyzed using Au-ICP21 (30g fire assay with ICP-AES finish) and multi-elements using ME-ICP41 (0.5g, aqua regia digestion and ICP-AES analysis).

The reported work has been completed using industry standard procedures, including a quality assurance/quality control (“QA/QC”) program consisting of the insertion of certified standards, blanks and duplicates into the sample stream by APEX personnel. The ALS geochemical laboratory data was provided directly to APEX and the QP and has been verified by the QP.

QUALIFIED PERSON STATEMENT

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 a non-independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ABOUT GRIZZLY DISCOVERIES INC.

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

On behalf of the Board,

GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, President

Suite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4

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

Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313294

Coyote Copper Mines (TSXV:CCMM) is advancing an ambitious exploration programme at its Copper Springs property, with recent geophysical work, surface mineralisation and a newly identified zone pointing towards the potential for a much larger copper system at depth.

For copper explorers, one of the most important questions is whether a known historic resource represents the full extent of mineralisation, or simply the beginning of something considerably larger.

At Coyote Copper Mines, the company believes Copper Springs could offer that kind of potential.

The exploration opportunity has also attracted attention from Optimo Research, which has highlighted the combination of Copper Springs’ historic copper resource, the newly identified zone and the large geophysical anomalies across the property. The research points to the potential significance of the upcoming exploration programme, particularly as drilling begins to test whether the mineralisation identified at surface forms part of a much larger porphyry copper system at depth.

Read the full Optimo Research report here

With extensive geophysical surveys completed across the property and an active field programme underway, the company is now preparing for drilling designed to test both shallow mineralisation and deeper targets that could reveal the scale of the underlying system.

Speaking about the project, Dan Weir, CEO of Coyote Copper Mines, highlighted the significant amount of exploration work already being undertaken at Copper Springs, including magnetotelluric (MT) and spectral induced polarisation (SIP) surveys.

“We’re currently having every single day about 11 geologists and labourers out working on the property,” Weir explained, underlining the level of activity currently taking place on the ground.

Geophysics points to significant exploration potential

The company’s exploration programme has generated a number of large geophysical anomalies across the property, providing targets for the next phase of drilling.

According to Weir, the results have increased the company’s interest in the potential for a substantial porphyry copper system beneath Copper Springs.

The upcoming drilling programme is therefore expected to play an important role in testing the company’s geological model, with a combination of shallow and deeper holes planned.

The objective is to establish whether the mineralisation identified at surface continues into a larger system at depth.

For investors, this represents an important potential catalyst: successful drilling could provide the geological evidence needed to demonstrate that Copper Springs extends well beyond its historic resource footprint.

Newly identified zone adds another layer of upside

Adding to the exploration story is a newly identified zone containing surface copper-molybdenum sulphides and magmatic breccias.

The presence of these features is particularly interesting because they may represent part of a broader mineralised system extending below surface.

Rather than being confined to a shallow mineralised occurrence, the company believes the surface indications could potentially be associated with a much larger sulphide system at depth.

This is where the forthcoming deep drilling programme becomes particularly significant.

The first deep holes will provide an opportunity to test the company’s interpretation of the geophysical data and determine whether the anomalies correspond to substantial copper mineralisation.

Location provides an important geological reference point

Coyote Copper’s exploration thesis is also supported by the property’s proximity to one of the world’s most significant undeveloped copper projects.

Copper Springs is adjacent to the Resolution Copper project in Arizona, a major development being advanced by Rio Tinto and BHP.

Resolution is a very large, deep-seated copper deposit, providing an important geological reference point for the region.

Weir pointed to the depth and scale of Resolution when discussing the potential significance of Coyote Copper’s geophysical results, noting that some of the company’s work indicates the possibility of a similarly substantial system at depth.

While exploration results at Copper Springs will ultimately determine the property’s potential, the geological setting provides an intriguing backdrop for the company’s current programme.

Copper at surface could be a major advantage

One of the aspects of Copper Springs that particularly stands out is the presence of sulphide mineralisation at surface.

Weir contrasted this with the considerable depth at which mineralisation occurs at Resolution.

For Coyote Copper, the combination of surface mineralisation and deep geophysical anomalies creates an exploration model that the company believes warrants systematic testing.

The key question now is whether the surface expressions, newly identified zone and geophysical anomalies are all connected to a larger porphyry copper system.

Drilling will be critical in answering that question.

Drilling could define the next phase of the story

With field teams active on the property and geophysical work helping to identify priority targets, Coyote Copper is moving towards a potentially important exploration phase.

The company intends to use both shallow and deeper drilling to test the Copper Springs system from multiple angles.

For investors following the company, the forthcoming drill results could therefore provide a series of important milestones, from confirming the continuity of known mineralisation to potentially demonstrating the presence of a much larger copper system at depth.

The combination of a historic copper resource, newly identified surface mineralisation, extensive geophysical anomalies and a strategically interesting geological setting gives Copper Springs a compelling exploration proposition.

As Coyote Copper moves from target generation towards drilling, the focus will increasingly turn to what lies beneath the surface, and whether the company’s exploration model can unlock a significantly larger copper opportunity.

With exploration activity accelerating, Copper Springs is entering an important stage in its development, with drilling now set to test the scale and continuity of the mineralised system and potentially reshape the company’s growth story.

Source: https://finance.yahoo.com/markets/commodities/articles/coast-copper-completes-additional-copper-114740116.html

The Netherlands has moved its gold from the US to Britain because of “increasing geopolitical unrest”.

The Dutch central bank has relocated 86 tonnes of the precious metal to the Bank of England, mostly from New York, as part of its process of “strengthening its crisis preparedness”.

De Nederlandsche Bank (DNB), the country’s central bank, said better distribution of the gold would make it easier to trade and spread risks, and would make it more readily available to use in a crisis.

DNB made no mention of what kind of crisis it was preparing for. However, fears that Donald Trump could impose a tariff on gold previously triggered a scramble to move it out of the US.

Future prices in New York rose to a premium of more than $100 (£74) compared to London as banks, refiners and dealers raced to secure metal for delivery.

Mr Trump eventually clarified that gold would be exempt from tariffs. However, analysts warned that the episode might undermine New York’s position as the largest gold-futures market.

Bullion has historically been exempt from any tariffs because of its important role in the financial system.

“With this relocation, we have improved the tradability of our gold reserves. We expect that we will never need to use them, but we do need to strengthen our resilience and preparedness,” Olaf Sleijpen, the governor of the DNB, said.

The Netherlands held 612.4 tonnes of gold by the end of 2025, worth €72.2bn (£61.9bn). The bank relocated a portion of the reserves between March and August this year.

“In view of increasing geopolitical unrest, DNB is strengthening its crisis preparedness. Improving the liquidity and tradability of the Dutch gold reserves is part of these preparations,” the bank said in a statement.

The UK operates one of the world’s most important gold markets and the Bank of England’s underground vaults hold the second-largest haul of gold in the world.

A recent survey by the World Gold Council found that 57pc of responding central banks stored some gold at the Bank of England, making it the most widely used foreign custodian.

This includes Venezuela, whose gold has been kept in the UK despite requests from Nicolás Maduro’s government to repatriate it.

At the time of his ousting earlier this year, a lack of formal recognition of Venezuela’s new administration meant that the Bank of England declined to release the gold – then worth more than $3bn.

Maduro, the former Venezuelan president, attempted to retake the gold stored at the Bank in 2018 to prop up his nation’s collapsing economy. However, the Bank refused the request because the UK did not recognise him as Venezuela’s legitimate president.

The Maduro government sued for the return of the precious metal in 2020, but ultimately lost the case in the Supreme Court in 2023.

Source: https://finance.yahoo.com/news/dutch-shift-gold-us-uk-175414754.html

Edmonton, Alberta–(Newsfile Corp. – September 2, 2026) – Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (“Grizzly” or the “Company”) is pleased to announce that preliminary results for a Phase 2 Induced Polarization (IP) program conducted in April and May 2026 to follow up excellent prior results from both recent and historical surface sampling along with historical drilling results at the Motherlode Critical Minerals Target (Figure 1).

Highlights

• Phase 2 Motherlode IP results identifies at least five (5) Discreet Chargeability Anomalies with four (4) of the anomalies yielding numerous readings in the core of each ranging from 30 up to 52 millivolts per volt (mV/V). The results have outlined several discreet and significant chargeability anomalies in the vicinity of the Greyhound Pit, the Sunset Pit and the Motherlode Pit. (Figures 2 and 3).
• A couple of the Chargeability anomalies are on the order of 1 km by 500 m in current size and are open for further expansion (Figures 2 and 3).
• Most of the chargeability anomalies have associated moderate to strong copper (Cu) and gold (Au) in soils and in rocks (Figure 2). Each of the pit areas have yielded numerous samples anomalous in Cu (>1% up to 5%) and Au (>1 g/t up to 20 g/t) with strong skarn mineralization.
• Host rocks in the area are mapped as late Paleozoic to Early Triassic metasedimentary rocks including carbonates and calcareous shales. A number of dykes, stocks and large intrusions are mapped in the area and likely range from Jurassic to Cretaceous to Eocene in age.
• The Geological Setting is the East Fault Contact of the Toroda Graben with numerous pyroxenite-monzonite-diorite (older – Jurassic) and younger quartz-feldspar porphyry (QFP)-diorite (Tertiary) intrusions into the sedimentary package and the overlying younger intermediate-mafic volcanics.
• The East and West Faults of the Toroda Graben likely played a role in controlling the Au-Ag mineralization for the Buckhorn Skarn and Mine to the southwest and the Cu-Au-Ag mineralization for the Motherlode/Greyhound skarns in the Greenwood area (Figure 1).
• Permitting of drill locations to test the new anomalies is underway.

A total of eight north-south lines spaced 200 m apart and totaling 12.9 line km of Induced Polarization (IP) were conducted by Peter E. Walcott and Associates in late April through May, 2026 (Figure 2). The results have outlined several discreet and significant chargeability anomalies in the vicinity of the Greyhound Pit, the Sunset Pit and the Motherlode Pit. It is interpreted that the strong chargeability anomalies likely represent disseminated sulphides and potentially represent intrusion related skarn and/or porphyry targets (Figures 2 and 3).

The Company is currently in the process of permitting additional drillhole pads to complete drill testing of a number of the chargeability targets during a fall drilling program at the Motherlode Critical Minerals Target area along with potentially the Sappho Critical Minerals Target area and the Midway Precious Metals – Critical Minerals Target area. Further IP work, geological mapping and surface sampling centered on several of the targets is planned prior to the commencement of drilling.

• A new sulphide showing was discovered during early 2026 field work, with a rock grab sample from an old adit yielding 5.12 grams per tonne (g/t) Au, 66.7 g/t Ag and up to as high as 0.53% Cu (Figure 2 and see Grizzly news release dated May 25th, 2026).

Figure 1: Motherlode and Other Active Exploration Areas 2026.

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Figure 2: Motherlode IP Chargeability Anomalies Plan View – Summary Survey Results.

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Brian “Griz” Testo, President & CEO of Grizzly Discoveries, states: “IP Surveys have outlined multiple and significant chargeability anomalies and new targets across the Motherlode Project Area. The Grizzly team is excited to see what the next phase of drilling might show us – we will continue to refine these targets to the drill ready stage for drilling in the next couple of months and look forward to identifying some new discoveries.”

Figure 3: Motherlode Chargeability Anomalies Orthogonal View looking NNE – Voxel Model Survey Results and Cross-Sectional Inversions.

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Ongoing Exploration

The Company is continuing with surface exploration in the Greenwood area. Crews from APEX completed trenching and rock sampling in June at the Midway Mine area, as well as some follow sampling at the Sappho Chargeability Target area. The 2026 exploration work was suspended in July and August during high fire season but has recommenced and will be ongoing through the fall and includes prospecting and rock sampling at targets in the Motherlode area, the Rock Creek area, the Midway area, the Copper Mountain area, the Overlander-Attwood area and at the Sappho area (Figure 1). Additional groundwork including ground geophysical surveys are being planned and will comprise IP, magnetics and Loupe electromagnetics (EM) for the Sappho, the Midway and Motherlode areas (Figure 1). Additional drilling is planned from October to December. Results from the 2026 work are pending and will be released as they are received.

Motherlode Area Past Exploration Highlights

The Motherlode Crown Grants near the town of Greenwood, South-Central British Columbia (BC) include 13 Crown Grants for over 300 acres (121.4 hectares) that include subsurface mineral rights (Figure 2). The Crown Grants take precedence over mineral claims issued pursuant to the Mineral Tenures Act (BC). The Crown Grants cover a number of historical mines, including the Motherlode Mine that produced 76,975,111 pounds of Cu, 173,319 ounces of Au and 688,203 ounces of Ag during the active periods of mining from 1900 to 1920 and then from 1957 to 1962. The Motherlode skarn mineralization is developed in the Triassic Brooklyn Formation sediments (BC Minfile 082ESE034). The Motherlode Mine is road accessible and is approximately 2.5 km northwest of the town of Greenwood (Figure 1).

The Company has collected in excess of 350 rock samples, mostly selective grab samples, from across the Motherlode project area including the Crown Grants (Figures 2). Of the 17 samples collected from the Motherlode Pit area, a total of 9 samples yielded from 1.16% Cu up to 4.88% Cu, 12 samples yielded from 1.075 grams per tonne (g/t) Au up to 6.65 g/t Au and 8 samples yielded from 12.6 g/t Ag up to 51.3 g/t Ag (See Company News Release dated January 15, 2025). Of the 10 samples collected from the Sunset Pit area, a total of 8 samples yielded from 1.44% Cu up to 3.66% Cu, 9 samples yielded from 1.7 g/t Au up to 4.88 g/t Au and 7 samples yielded from 14.5 g/t Ag up to 55 g/t Ag (See Company News Release dated January 15, 2025). Various other targets including the Greyhound Pit, the Butte City Target, the Marguerite Target and the Great Hopes Target have yielded a number of samples with >1% Cu and >10 g/t Au and warrant additional exploration (See Company News Release dated January 15, 2025).

Figure 4: Motherlode Conductivity Anomalies – Orthogonal View looking NNW – Voxel Model Survey Results and Cross-Sectional Inversions.

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Past work by the Company has focused on the Motherlode North polymetallic and skarn targets (Figures 1 to 3) which are comprised of copper-gold-silver +/- lead-zinc (Cu-Au-Ag +/- Pb-Zn) targets 500 to 750 m north and northeast of the historical Motherlode Mine.

Prior drilling by Grizzly in 2011 intersected up 17.15 g/t Au, 41.7 g/t Ag, along with, 0.56% Pb and 1.51% Zn over 1.5 m core length at one of the skarn targets north of the Motherlode Pit. Skarn and sulphide rich mineralization, along with widespread hornfels and propylitic alteration were intersected in most of the more recent 2022 Motherlode North drilling (22ML07 to 15) and the two (22MR01 & 02) Marguerite core holes (Figures 2 and 3). Assay results for the nine Motherlode North 2022 holes have yielded anomalous Au, Ag, Cu, Pb and Zn in every hole with a best high-grade sample of 5.86 g/t Au and 6.36 g/t Ag over 1 m core length along with several wide low-grade intersections in particular adjacent to porphyritic intrusions in Triassic sulphide rich hornfelsed or skarnified Brooklyn sedimentary rocks. Examples include hole 22ML07 with 0.415 g/t Au, 2.19 g/t Ag, 0.019% Cu and 0.08% Zn over 17.56 m core length, along with hole 22ML08 with 0.108 g/t Au, 2.43 g/t Ag, 0.013% Cu and 0.059% Zn over 11.09 m core length and 0.332 g/t Au, 2.63 g/t Ag and 0.053% Zn over 15 m core length, interpreted to be part of a large alteration footprint in a well mineralized skarn-porphyry system.

The porphyritic intrusions are widespread and are likely Cretaceous or Eocene in age. Sulphide mineralization with anomalous geochemistry appears to be spatially associated with these intrusions. The two holes in the vicinity of the Marguerite historical shaft intersected near surface skarn with anomalous Au-Ag-Cu and deeper hornfelsed sediments and breccias that are silica-sulphide rich and with widespread anomalous Cu over 50 to 100 m in thickness (Holes 22MR01 and 02). The deeper mineralization is associated with propylitic alteration and potentially could highlight deeper copper-gold porphyry potential beneath the Motherlode area skarn system. Holes 22MR01 and 22MR02 returned upper skarn related zones of 0.442 g/t Au, 5.61 g/t Ag and 0.028% Cu over 5.32 m, and 0.227 g/t Au, 4.36 g/t Ag and 0.037% Cu over 9.5 m core length. The lower highly anomalous copper-gold rich zones are highlighted by 0.123 g/t Au, 2.06 g/t Ag and 0.127% Cu over 8 m core length in hole 22MR02, but this is contained within a 46 m wide zone to the end of the hole where all but 4 of 45 samples yielded >100 ppm Cu up to 1,980 ppm Cu. Similarly, in hole 22MR01, there was a lower zone of copper rich mineralization that is 119 m in thickness to the end of the hole where 80 of 116 samples yielded >100 ppm Cu up to 1,600 ppm Cu. Although low grade, the wide highly anomalous intersections of low to moderate grade gold and copper are likely indicative or part of a large mineralized hydrothermal system.

Warrants Exercised

In July 2026, the Company issued 1,183,335 common shares upon the exercise of outstanding warrants for gross proceeds of $59,167. Pursuant to the exercise of warrants, the Company has 234,021,369 common shares issued and outstanding.

ASSAY METHODOLOGY & QUALITY CONTROL (QA/QC)

The analytical work on the Greenwood Critical Minerals Project was performed by the ALS Global Limited in Kamloops and North Vancouver, an internationally recognized analytical service provider. All core and rock samples were prepared using ALS procedure PREP-31A (dry, crush to 70% passing 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns) and analyzed by method PGM-ICP27 (30g fire assay with ICP finish for Au, Pt and Pd) and ME-ICP61a (0.5g, four acid digestion and ICP-AES/MS analysis) for multi-elements. Any samples containing >10g/t Au are reanalyzed using method FAS-415 (30g Fire Assay with gravimetric finish). Samples containing >100 ppm Ag and/or >1% Cu, Pb, & Zn are reanalyzed using method ICF-6 (0.2g, 4-acid digest and ore grade ICP-AES analysis). Rock samples were analyzed using Au-ICP21 (30g fire assay with ICP-AES finish) and multi-elements using ME-ICP41 (0.5g, aqua regia digestion and ICP-AES analysis).

The reported work has been completed using industry standard procedures, including a quality assurance/quality control (“QA/QC”) program consisting of the insertion of certified standards, blanks and duplicates into the sample stream by APEX personnel. The ALS geochemical laboratory data was provided directly to APEX and the QP and has been verified by the QP.

QUALIFIED PERSON STATEMENT

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 a non-independent Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ABOUT GRIZZLY DISCOVERIES INC.

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

On behalf of the Board,

GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, President

Suite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4

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

Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@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.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312560

Copper slipped in New York on Tuesday, giving back an advance in London, as a global bond selloff and a firmer dollar cut into a rally that has carried the metal to within touching distance of record highs.

Comex copper for December delivery, which took over this week as the most-active contract, fell 1.3% to $6.6020 a pound (about $14,555 a tonne) by late morning in New York, after trading as high as $6.7420 earlier in the session. The September contract touched an all-time high of $6.7775 last Wednesday.

In London, three-month copper came within $2.50 of its own record last week, touching $14,525 a tonne against the all-time intraday peak of $14,527.50 set on January 29. LME inventories have fallen for four straight sessions, to 234,275 tonnes.

Traders have spent the year shipping copper into the United States ahead of a 15% duty on refined imports due in January 2027, rising to 30% in 2028, a trade that has dominated the paper market and drained warehouses everywhere else. Comex stockpiles reached about 688,000 tonnes on August 31, almost three times the LME total, according to Bloomberg.

CRU projected a 639,000-tonne global surplus for 2026 but now regards the market as at best balanced. “If imports keep coming in as they have been, then it’s going to look like a deficit market in reality,” principal copper analyst Robert Edwards told Reuters last week.

Chile’s missing tonnes

Chile produced 403,424 tonnes of copper in July, down 9.4% from a year earlier and 9.8% below June, the weakest July for the world’s biggest producer since 2011. The national statistics agency blamed weather in the north of the country that hindered normal production, along with maintenance at major sites.

The damage showed up in the wider economy on Tuesday. Chile’s Imacec activity index, a proxy for GDP, fell 1.5% in July from a year earlier against expectations for 0.4% growth, with mining down 9.3%. The 1.7% monthly drop was the steepest since 2022. “These results were partly affected by weather conditions that disrupted the normal operation of production facilities,” the central bank said.

The storms, arriving as El Niño intensifies, shut Antofagasta’s Los Pelambres and Lundin Mining’s Caserones. Antofagasta cut 2026 guidance to between 625,000 and 655,000 tonnes from 650,000 to 700,000 alongside first-half results on August 13, and Lundin trimmed Caserones to 120,000 to 130,000 tonnes from 130,000 to 140,000 six days later, after a second storm brought down a transmission tower.

Monster month for equities

Copper producers fell with the metal on Tuesday, though the month behind them looks very different. Freeport-McMoRan, down 2.6% to $73.76 on Tuesday, has still gained 17.8% over the past month, the best of the majors, ahead of First Quantum’s 15.6% and Ivanhoe Mines’ 15.3%. Southern Copper is up 13.3% over the month, Teck Resources 11.4%, Glencore 10.7% and BHP 10.5%.

The two producers that cut Chilean guidance are the laggards. Antofagasta, ahead 4.9% over the month, dropped 5.1% on Tuesday, the worst performer in the group, while Lundin Mining has managed just 2.9% and fell 3.8% in Toronto.

Teck has a second story running. Anglo American aims to close its $53 billion merger with the Canadian miner as soon as next month, pending Chinese approval, and Glencore’s 44% stake in Collahuasi stands between the enlarged company and the $1.4 billion in annual earnings that Anglo believes it can unlock by linking that mine to Teck’s Quebrada Blanca.

Sibanye-Stillwater, down 0.8%, used first-half results on Tuesday to commit to the $340 million Mt Lyell copper-gold mine in Tasmania, targeting first ore in 2029 and 26,000 tonnes of copper a year over a 23-year life.

Comex copper is up about 15% in 2026 and 44% over the past year.

Source: https://www.mining.com/copper-price-stalls-short-of-record-as-chiles-storm-hit-output-slumps-to-2011-low/

 New equipment provides capacity to produce up to 20 million rounds per month, helping meet marketplace demand

HAGERSTOWN, MD / ACCESS Newswire / September 1, 2026 / First Breach Inc. (NASDAQ:FBDT) (“First Breach” or the “Company”), a U.S. based developer and manufacturer of defense technologies, today announced that new ammunition-loading and inspection equipment has been installed and is operational at the Company’s manufacturing facility in Hagerstown, Maryland.

The newly installed equipment significantly increases First Breach’s ammunition production capacity by approximately 175%, enabling the Company to manufacture up to 20 million rounds per month as it transitions to a 24-hour production schedule.

“The addition of this equipment reflects the continued growth of First Breach and our manufacturing operations,” said Jeffrey Low, Chief Executive Officer of First Breach. “This significant expansion provides us with the scale needed to respond to the strong demand we are seeing in the ammunition market. It also complements our growing drone manufacturing capabilities as we continue building a broader American-made defense technology platform. Across both areas, our focus remains on delivering the quality, consistency and reliability our customers expect from us.”

About First Breach

First Breach Inc. is an ISO 9001:2015 certified, American-made defense technologies company focused on manufacturing match-grade ammunition components, finished ammunition, and developing next-generation unmanned aerial systems for commercial, law enforcement, and military markets. The Company manufactures its products in-house at its Hagerstown, Maryland facility, where it produces brass cups, casings, projectiles, lead cores, lead wire, and completed ammunition with rigorous quality control standards. First Breach is also advancing its drone strategy through the development of U.S.-made unmanned systems, leveraging advanced engineering, robotics, ISR and sensor technologies, and precision manufacturing capabilities to address evolving defense, homeland security, law enforcement, and commercial requirements across domestic and international markets.

For more information, please visit: First Breach

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and include statements regarding the Company’s expectations, beliefs, plans, objectives, strategies, future events, future performance, business prospects, growth initiatives, acquisitions, market opportunities, capital resources, operational objectives, and other statements that are predictive in nature. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions, although not all forward-looking statements contain these identifying words.

Forward-looking statements are based on management’s current expectations, assumptions, and beliefs regarding future developments and their potential effect on the Company. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements.

Factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in economic, business, market, competitive, regulatory, technological, legal, and geopolitical conditions; the Company’s ability to execute its business strategy; the successful integration of acquisitions and strategic transactions; access to capital and financing; customer demand; industry developments; and other risks and uncertainties described from time to time in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required by applicable law, the Company undertakes no obligation to update, revise, or publicly disclose any revisions to any forward-looking statements to reflect events, circumstances, or changes in expectations occurring after the date of this press release.

Investor Relations

Frank Pogubila
Partner
Integrous Communications
Phone: 951.946.5288
Email: fpogubila@integcom.us
Website: www.firstbreach.com

For additional company updates, follow First Breach on LinkedIn, X, and Facebook.

SOURCE: First Breach

VANCOUVER, British Columbia, Aug. 31, 2026 (GLOBE NEWSWIRE) — Blue Jay Gold Corp. (TSXV: JAY) (OTCQB: JAYGF) (FSE: JAY) (“Blue Jay” or the “Company“), is pleased to announce that it has commenced drilling at the Becker-Cochran antimony-silver occurrence on its 100%-owned Steller Gold Project (“Steller” or the “Project“) in southern Yukon (Figures 1&2). The Company has planned ten drill holes to test the target. Blue Jay also expects to receive and publish initial assay results from its 2026 drill program at the Skukum Creek and Mt. Skukum gold-silver deposits in September.

“The underground development at Becker-Cochran stopped in the 1960’s because the antimony price collapsed, not because the target wasn’t promising,” said Geordie Mark, CEO of Blue Jay Gold. “The scope of earlier works were limited by time, and not the scale of the antimony systems. Mineralizing systems of this style extend laterally for several kilometres, and the surface exposures at Becker-Cochran carry stibnite needles set in opaline silica and chalcedony textures. Textures of that kind typically form at or near the top of such a system. The Company’s interpretation is that the historical underground development, which reached less than 100 metres below the surface outcrop, worked only the uppermost part of the system, and that the system may extend as much as 600 metres below surface. That figure is based on our own interpretation of the available data.”

“We see considerable potential to extend the defined lateral and vertical continuity of mineralization of the system. We have designed a Phase 1 drill program at Becker-Cochran to test extensions of known antimony mineralization, complementing our ongoing metallurgical work assessing antimony concentrate product quality. Antimony is a critical mineral the Western world is short of, and we have it right here in our backyard. If these holes tell us what we hope they will, Steller carries a second and entirely different endowment alongside its known gold and silver resources and that is exactly why we believe Steller is a district play rather than a single deposit.”

What the Becker-Cochran Drill Program Is Testing

The holes are planned along the strike length of the historical underground development at Becker-Cochran and are designed to test the down-dip continuation of the mineralized shear zone below the two levels developed in the mid-1960’s.1

Historical workings only outlined the zone over a limited vertical extent, so the mineralized footprint is defined by the available data rather than by geology, a gap tied to the antimony price falling out of favour at the time. The zone remains open for exploration targeting.

Figure 1. Steller Gold-Silver Project (170 km2) in southern Yukon, showing the distribution of gold-(silver) deposits (e.g., Skukum Creek and Mt Skukum), as well as antimony prospects (e.g., Becker-Cochran and Porter). Steller Project area underlay comprised of pseudo-colour TMI from airborne magnetic survey data, which drapes over grey-scale regional satellite image.

Figure 2. Kilometre-scale antimony soil and rock anomaly over Steller Project. (Left): Colour contoured rock and soil survey showing antimony anomaly over Steller Project area (East). (Right): Pseudo-colour Total Magnetic Intensity Map over Steller Project area (East).

The Workings the Drill Follows

Antimony was found on the flank of Carbon Hill in 1906, and the belt was mapped by the Geological Survey of Canada in 1912. In 1964 Yukon Antimony Corporation Ltd. was formed to develop it. The company stripped the Becker-Cochran showing along strike, and in 1965 began driving a tunnel, developing the zone underground on two levels, and mapping and sampling what was uncovered. Workings have remained dormant since that time.1

Becker-Cochran, One of the Many Targets at Steller

Drilling at Becker-Cochran has been part of the Company’s 2026 exploration plan from the outset. Blue Jay is drilling a number of targets at Steller this year, and Becker-Cochran is a deliberate exception to the Company’s core gold and silver drill target focus, forming no part of the Project’s current Mineral Resource Estimate.

What the historical record at Becker-Cochran does provide is further evidence of something the Company has said since acquiring Steller: this is a district, not a single deposit. The approximately 170 km² land package, located 55 kilometres south of Whitehorse and accessible by road, includes a mine that has already produced gold, two additional gold and gold-silver deposits hosted in different geological styles, a processing plant, and kilometres of underground workings. On the eastern side of the property lies the antimony ground that attracted an earlier generation of prospectors. All of it traces back to Eocene-age magmatic-epithermal activity manifesting a widespread mineralized system, and systems like this rarely leave only one deposit behind. Becker-Cochran is not a departure from the plan. It is another target within a property that continues to unveil its potential to host multiple attractive mineralized targets.

(1) Further detail regarding the Becker-Cochran occurrence, including its discovery, historical exploration, underground development, drilling and sampling, and regarding the Steller Gold Project and its current Mineral Resource Estimate, is set out in the technical report entitled “Technical Report and Updated Mineral Resource Estimate of the Steller Gold Project, Whitehorse Mining District, Yukon Territory, Canada,” prepared for the Company by P&E Mining Consultants Inc. with an effective date of October 31, 2025, available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Investors Relation / Marketing Agreement

The Company is pleased to announce that the Company has entered into a service agreement (the “Agreement“) with Resource Stock Digest (“RSD“). Under the terms of the Agreement, among other things, RSD has agreed to provide certain marketing and advertising services to the Company, including conducting interviews with the Company, and producing content that is distributed to RSD’s subscriber base via e-mail and posts to RSD’s website. These services may constitute “Investor Relations Activities” as defined under the policies of the TSX Venture Exchange (the “TSXV“).

The Agreement has a 12-month term ending September 1, 2027, with an initiation fee of US$8,500 due on TSXV approval and a monthly fee of US$2,450 due upon RSD providing an invoice at the end of each month for services rendered. There are no performance factors in the Agreement, and no securities of the Company will be issued to RSD or any of its authorized representatives as compensation. Either party may terminate the Agreement at any time, with or without cause, by providing the other party with at least thirty (30) days prior written notice. Termination will become effective upon expiration of the thirty (30) day notice period. All amounts due and obligations accrued through the effective date of termination will remain due and payable in accordance with the terms of the Agreement.

RSD’s contact details are as follows:

Attention: Gerardo Del Real, 2250 Double Creek Dr #5669, Round Rock, TX 78665, USA
Email: editor@resourcestockdigest.com; Phone: (844) 334-4700.

RSD is owned and operated by Nicholas Hodge and Gerardo Del Real and is based in Round, Rock, Texas, USA. Neither RSD nor Messrs. Del Real and Hodge have any present interest, directly or indirectly, in the Company or its securities, or any right or present intent to acquire such an interest. RSD and its principals, Messrs. Del Real and Hodge, are considered arm’s-length to the Company and have no relationship with the Company outside of this Agreement.

Cautionary Note Regarding Historical Information

Information in this news release regarding the discovery, historical exploration, underground development, drilling and sampling at the Becker-Cochran occurrence is derived from publications and reports prepared before NI 43-101 came into force, together with information summarized in the technical report referred to above. The Company has not independently verified this historical information, and it should not be relied upon. The sampling and analytical procedures used, the laboratories engaged, and the quality assurance and quality control protocols applied are not known to the Company and cannot be verified, and any samples described are selective and not necessarily representative of mineralization on the Property. Historical results are not necessarily indicative of the results of the drilling or metallurgical programs now underway. A Qualified Person has not done sufficient work to verify or classify the historical information as current mineral resources or mineral reserves, and the Company is not treating it as such. No mineral resource has been estimated for antimony mineralization at Becker-Cochran, no economic assessment of the occurrence has been undertaken, and antimony mineralization forms no part of the current Mineral Resource Estimate for the Steller Gold Project.

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Freeman Smith, P.Geo., VP Exploration of Blue Jay Gold Corp., who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Blue Jay Gold Corp.

Blue Jay Gold Corp. is a Canadian gold exploration company focused on growing and discovering resources within established gold producing regions in Canada. The Company’s flagship asset is the 100%-owned Steller Gold Project in southern Yukon, an infrastructure-supported, past-producing mine with significant exploration upside and clear near-term catalysts. Blue Jay has also built a portfolio of projects in Ontario. With strategically located assets and a leadership team experienced in geology and capital markets, Blue Jay will advance disciplined, modern exploration programs focused on target definition, resource growth, and new discoveries in known gold-mineralized regions. For more information, please visit: www.bluejaygoldcorp.com.

ON BEHALF OF BLUE JAY GOLD CORP.

signed “Geordie Mark”
Geordie Mark, CEO

For additional information contact:

BLUE JAY GOLD CORP.

Geordie Mark CEO Blue Jay Gold Corp. info@bluejaygoldcorp.com Phone: (604) 235-4059

Eric Negraeff Investor Relations Blue Jay Gold Corp. eric@bluejaygoldcorp.com Phone: (604) 235-4059

Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release contain forward-looking information. Forward-looking information involves risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. These statements can be identified by the use of forward-looking terminology (e.g., “expect”,” estimates”, “intends”, “anticipates”, “believes”, “plans”). Forward-looking statements contained in this press release may include, but are not limited to, the results of drilling at the Becker-Cochran occurrence, the timing and scope of the rest of the Company’s exploration program, and future business plans of the Company. Such information involves known and unknown risks, including the receipt of regulatory approval, the results of future financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Blue Jay in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by applicable securities laws and regulation, Blue Jay disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Figures accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/68893a38-b17c-497a-a8f6-c22ed5101efb

https://www.globenewswire.com/NewsRoom/AttachmentNg/37f689c9-0a01-44e1-a436-c91cbb680098