Greystar Resources Announces Updated Resource for the Angostura Gold-Silver Deposit, Colombia

Greystar Resources Ltd. (TSX:GSL)(AIM:GSL) announced an updated resource calculation for the Company’s Angostura gold and silver deposit located in the California mining district in Colombia.

The press release is quoted as saying:

Greystar has initiated the evaluation of underground resources that lie beyond the FS pit boundary but within a proximity to allow exploitation utilizing the pit infrastructure either during or after completing the open pit operation. As the cut-off date for the data employed in these resource study was January 2010, not all of the recent Los Laches drilling data has been included.

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