Grizzly Prepares for Drilling at Greenwood

    Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H) (“Grizzly” or is pleased to announce that Lone Peak Drilling of Kimberley, British Columbia, will shortly commence drilling on the Company’s 100% owned Greenwood Gold Project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, British Columbia.

Drilling applications are in progress for the P2, P4, P5 and B4-B5 target areas. Drilling will commence shortly and continue through to the end of November, 2011. Grizzly has planned a minimum budget of approximately $1.2 million for 4,000 to 5,000 metres of diamond drilling on the Greenwood Gold Project in 2011.

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