CARSON CITY, NV -- (Marketwire) -- 05/04/12

Grizzly Gold Corp., (OTCBB: GRZG) is pleased to announce the addition of 21 new claims to the LB Vixen property located in Humboldt County, Nevada.

Based on the results from the first phase of soil and additional outcrop sampling, 21 new claims were established to the south and east of the original 61-claim block. This brings the LB Vixen property to a total of 82 claims.

"We are pleased with the developments on the LB Vixen," said Grizzly president Paul Strobel. "Along with the 21 new claims; additional soil sampling should commence in the weeks to follow. The second phase of soil sampling will help identify potential drill targets on the property."