SOURCE: Grizzly Gold Corp

January 16, 2013 09:30 ET

Grizzly Gold Announces Additional Claim Staking and Fox Springs Project

RENO, NV--(Marketwire - Jan 16, 2013) - Grizzly Gold Corp (OTCBB: GRZG) is pleased to announce that it has staked 100 additional claims in the vicinity of the original LB Vixen claim group.

Grizzly has an option to acquire 100% of the rights to the mining interest of the LB/Vixen property located in Humboldt County, Nevada in 2011, which originally consisted of 30 unpatented claims.

The original LB/Vixen property and the additional 100 claims will now be referred to as Grizzly's Fox Spring Project with a total of 130 contiguous claims.

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.

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