SOURCE: Grizzly Gold Corp
RENO, NV--(Marketwire - Oct 2, 2012) - Grizzly Gold Corp. (OTCBB: GRZG) is pleased to announce it has received approval for a drill permit on the LB Vixen property.
"We are excited to be entering the next phase of exploration on our LB Vixen property," said Grizzly Gold president Paul Strobel. "Currently, we are in the process of evaluating bids from drill contractors. The tentative start date for drilling is scheduled for mid to late October 2012."
The LB Vixen property is located in Humboldt County, Nevada in the southern Jackson Mountains and consists of 82 unpatented claims. Previous exploration activity included two phases of extensive soil sampling.
About Grizzly Gold
Grizzly Gold Corp is a US based exploration company focusing on advancing development on its gold projects in the Nevada area. Grizzly Gold is a publicly traded company on the OTCBB.
Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at http://www.sec.gov.