Grizzly Discoveries Update on Drilling-Greenwood Gold Project

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

Once the drilling on Dayton 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.

Assay results for the current drilling campaign are expected in early December through January.

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