Greystar Resources: Drill Results from Mongora Prospect

Greystar Resources Ltd. (TSX:GSL)(AIM:GSL)reported additional drill results from the Mongora prospect located immediately to the south of the Angostura gold-silver deposit in the California mining district, Colombia.

The press release is quoted as saying:

Greystar Resources Ltd. is a precious metals exploration and development company that is currently completing a feasibility study on its wholly owned, multi-million ounce Angostura gold-silver deposit in northeastern Colombia. A positive prefeasibility study announced on March 25, 2009 envisions average annual production at Angostura of 511,000 ounces of gold and 2.3 million ounces of silver over a 15 year mine life.

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