GSL Greystar

 
TIDMGSL 
 
Greystar Resources Files EIA; Begins Colombian Permitting Process 
FOR:  GREYSTAR RESOURCES LTD. 
 
TSX, AIM SYMBOL:  GSL 
 
February 10, 2010 
 
Greystar Resources Files EIA; Begins Colombian Permitting Process 
 
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 10, 2010) - Greystar Resources Ltd. (TSX:GSL)(AIM:GSL) 
(the "Company") is pleased to announce that on Dec. 22, 2009, the Company filed an Environmental 
Impact Assessment (EIA) with the Ministry of the Environment, Housing and Territorial Development 
(MAVDT) to initiate the environmental permitting process for the development of an open pit gold and 
silver mine at the Angostura project in Colombia. Subsequently on Jan. 13, 2010, the EIA (1,814 pages) 
was accepted for review by the MAVDT. The EIA, which is based on the GRD MinProc Preliminary 
Feasibility Study (March 2009), covers all environmental and social aspects of the proposed mine 
development including baseline data and end of mine life mitigation plans. 
 
The environmental permitting process for Angostura involves a review process to which the MAVDT names 
a review team, and requests input from the regional environment authority. The permitting process 
should take approximately six months, however it is customary that the environmental authorities 
require additional data and changes to the EIA prior to issuing an environmental license. Therefore, 
the permitting process may take nine to twelve months. 
 
Greystar has also submitted an application for a Work and Investment Plan (PTO) based on the GRD 
MinProc Preliminary Feasibility Study. The PTO was submitted to the Ingeominas, a division in the 
Ministry of Mines and Energy, on Oct. 23, 2009. The PTO is the operating plan for Angostura which must 
be approved by Ingeominas in a parallel process to the environmental permitting. Both the EIA and the 
PTO must be approved for the issuance of a mining license. 
 
About Greystar Resources Ltd. 
 
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. 
 
Forward-Looking Statements 
 
Certain statements in this news release are "forward-looking" within the meaning of Canadian 
securities legislation. They include statements regarding the intended use of proceeds of the Warrant 
exercises. Forward-looking statements are necessarily based upon a number of estimates and assumptions 
that, while considered reasonable by the Company, are inherently subject to significant business, 
economic, competitive, political and social uncertainties and other contingencies. Many factors could 
cause the Company's actual results to differ materially from those expressed or implied in the forward- 
looking statements. These factors include, among others, conclusions or realization of mineral 
resources, the actual results of exploration activities, possible variations in ore grade or recovery 
rates, fluctuations in the price of gold and silver, risks relating to additional funding 
requirements, political and foreign risks, production risks, environmental regulation and liability, 
government regulation as well as other risk factors set out under the heading "Risk Factors" in the 
Company's final short form prospectus dated September 22, 2009 which is available on SEDAR at 
www.sedar.com. Investors are cautioned not to put undue reliance on forward-looking statements due to 
the inherent uncertainty therein. 
 
 
-30- 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Greystar Resources Ltd. 
Geoff Chater 
Vice President 
(604) 614-7830 
info@greystarresources.com 
www.greystarresources.com 
 
OR 
 
Investor Relations Contact: 
Renmark Financial Communications Inc. 
John Boidman | Dan Symons 
(514) 939-3989 | (416) 644-2020 
jboidman@renmarkfinancial.com | dsymons@renmarkfinancial.com 
www.renmarkfinancial.com 
 
OR 
 
London NOMAD Contact: 
NCB Stockbrokers Limited 
Christopher Caldwell 
+44 (0) 20 7071 5200 
christopher.caldwell@ncb.ie 
 
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and 
neither accepts responsibility for the adequacy or accuracy of this news release. 
 
 
 
 
Greystar Resources Ltd. 
 

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