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August 13, 2008
Gray Rock's Silver Stream Property Confirms the Presence of Gold-Bearing Shear Zones

Gray Rock Resources Ltd. (the "Company") is pleased to report that it has received analytical results from a brief examination of the Silver Stream property located 25km northeast of Bralorne, B.C. The results confirm the presence of gold-bearing shear zones. A chip sample over one shear returned values of 10.37 gm/T Au, 1664 ppm Pb and 16.5 ppm Ag over 1 meter. In addition, sampling also showed elevated nickel values in listwanite which ran up to 2166 ppm Ni in grab samples.

Previous soil sampling has outlined two gold in soil anomalies with values up to 2951 ppb Au. Previous trenching has located several gold-bearing shear zones. Some highlights of the trenching are:

Trench 90-1 1930 ppb Au, 10.5 ppm Ag over 3 meters
Trench 90-1 1300 ppb Au, 7.0 ppm Ag over 3 meters
Trench 95-2 0.259 oz/t Au over 1 meter
Trench 95-17 0.168 oz/t Au over 1 meter
Trench 95.18 0.279 oz/t Au over 1 meter
Trench 95.19 0.823 oz/t Au (grab sample)
Trench 95.20 1.39 oz/t Au (grab sample)

 A program of sampling, mapping and a VLF-EM survey will commence shortly. Drilling is anticipated based on completion of the preparatory surveys.

The program is being supervised by Ursula Mowat, P. Geo., a qualified person as per National Instrument 43-101.

The Company was incorporated in 1950 and has property located in Lander County, Nevada and near the historic Bralorne and Pioneer Gold mines. These mines produced in excess of 4 million ounces of gold. Infrastructure is in place at Bralorne and a town nearby to draw skilled labour. Custom milling at the Bralorne mill may be an option for the Company provided it is successful in finding sufficient ore.

 

ON BEHALF OF THE BOARD

"David Wolfin"
David Wolfin
President

 
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