Grizzly to Commence Work on Alberta Potash Project
Grizzly Discoveries Inc. (TSX VENTURE: GZD) (OTCQX: GZDIF) (FRANKFURT: G6H) ("Grizzly" or the "Company") is pleased to provide the following update for its Alberta Potash Project.
Brian Testo, President and Chief Executive Officer of Grizzly, states that "exploration work is underway on our Alberta Potash Project. We are aggressively pursuing the development of this project given our belief that agricultural products and foodstuffs could experience significant inflation over the next several years. We are excited and encouraged that the Alberta Potash Project has the potential for economic concentrations of potash in an industry-friendly province such as Alberta where the tax regime and royalty structure is favorable. This economic environment, combined with the immense size of the project and indications of historic potash mineralization at depths favorable for solution mining, bode very well for the future results of our exploration."
- Published: 25 April 2011
- Written by Editor