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NR- Sounds like they know something good.

posted on Jul 26, 11 11:06PM (Log in to use the IP Check tool) ^[?]

subsequent information.

Mon Jul 25, 2011
Grizzly Acquires Further Lands For The Alberta Potash Project

EDMONTON, ALBERTA--(via Marketwire -- July 25, 2011) - Grizzly Discoveries Inc. (TSXV:GZD; OTCQX: GZDIF; FRANKFURT:G6H) ("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 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 2.4 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.

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