Grizzly Discoveries Inc. (CVE:GZD) reports an update for its 2011 exploration program on its Greenwood gold project, British Columbia, Canada.
The press release is quoted as saying:
The Company currently has a 100% interest in just over 225,000 acres in a single major block of mineral claims centered on the town of Greenwood, British Columbia. The Company commissioned APEX Geoscience Ltd. (APEX) of Edmonton, Alberta to mobilize field crews to the Greenwood area in early May to commence ground exploration in advance of a planned 5,000 metre drill program on new and existing high quality targets.
Grizzly’s President & CEO, Brian Testo says:
“With a healthy treasury from this year’s successful financing, Grizzly has designed the 2011 Exploration Program on the Greenwood Project as a systematic and scientific approach which we believe may lead to a new discovery in the Greenwood area.” “and Stage 1 of the program, currently underway, will enable us to focus our drilling later in the year exclusively on high quality targets.”