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Message: Grizzly Acquires Interest in a BC Private Cop., Adds Significant Gold Property

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Re: Grizzly Acquires Interest in a BC Private Cop., Adds Significant Gold Property

in response to Grizzly Acquires Interest in a BC Private Cop., Adds Significant Gold Property by AGORACOM

posted on Jun 02, 09 11:50AM

the parts I liked best.......

...and brings Grizzly's total Greenwood Gold Project lands to approximately 162,000 acres (65,500 hectares). The Property is road accessible, hosts a number of historic mineral occurrences including, most notably, the Ket 28 gold showing and is less than 7 km northwest of Kinross Gold Corporation's ("Kinross") recently commissioned Buckhorn Mountain Gold Mine....

The historic mineralization and stratigraphic setting for the Ket 28 Prospect and the Rock Creek Property have similarities with Kinross' Buckhorn Mountain Gold Deposit, which exists only 7 km southeast of the Rock Creek Property. The Buckhorn Mountain Gold Deposit was recently commissioned into production and poured its first gold in October 2008 (see Kinross News Release dated November 5, 2008). The Buckhorn Mountain Gold Deposit contains Proven and Probable Reserves of 1.993 million tonnes at an average grade of 15.46 g/t (0.45 oz/t) for a total of 990,000 ounces of Au (www.kinross.com). Gold mineralization at the Buckhorn Mountain Gold Deposit is associated with skarn zones within Paleozoic sedimentary rocks.

Grizzly is an aggressive Canadian exploration company focused on exploring for world class gold deposits in B.C. and diamonds and industrial minerals in Alberta. In B.C., Grizzly currently has five precious-base metal properties totaling over 175,000 acres. It currently holds more than 1 million acres in diamond properties that host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta. Grizzly has recently acquired metallic and industrial mineral permits for Potash totaling more than 1.4 million acres along the Saskatchewan-Alberta border.

thank you, Mr. Testo, for continuing to acquire significant properties and for continuing to add shareholder value - I am off to shake my piggy bank and see if there is anything available to pick up some more shares... QQ