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October 20, 2011
Special Report ....
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Breaking News: GreenLight exploration in Bathurst camp results in new Gold Targets
Also confirms high-grade silver and base metal assays in several locations. (> 3g/t Gold, 549 gpt Silver, 2.35% Copper, 33.90% Lead and 22.90% Zinc)
For the full special report, CLICK HERE.
CLICK HERE FOR THE GREENLIGHT FULL PRESS RELEASE
Companies mentioned in this e-mail include:
- GreenLight Resources Inc. (TSX-Venture:GR).
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ALLPENNYSTOCKS.COM NEWS ARTICLE
Oct 20, 2011 (AllPennyStocks.com Media, Inc.) – The savvy investor realizes that the rattling of the stock markets over the last few months is based upon fears stemming from European financial woes, but sees the opportunities that are presented as a result of the turmoil. Warren Buffett is forever quoted for trading principles capitalizing on other people’s fears because the situation depresses stock valuations that are often times unjustified and thins the investment community which allows for significant opening positions. Gold and other metals have been widely publicized recently with the retraction in values, boosting the upside gains to the still strong future estimates as compared to where they were a few months ago.
GreenLight Resources Inc. (TSX-Venture:GR), with its substantial mineral holdings in Atlantic Canada is a company that falls right into the wheelhouse of investors searching for companies with a large upside compared to today’s market capitalization. The British Columbia-based miner holds six different properties in the extremely mining friendly area of New Brunswick and Nova Scotia, Canada. The world-class deposits on the properties hold a host of minerals, including silver, base metals, rare earth elements, manganese, graphite, gold, silver and lithium. It’s a major miner’s type of portfolio wearing a junior miner’s suit.
It’s difficult to overlook any of GreenLight’s properties given their variances in minerals. Particularly impressive is the Kemptville gold property which previous exploration has boasted results as high as 60 grams per tonne of gold over 1.6 meters.
The Company’s Keymet silver property, located on the northwest of New Brunswick has been of interest to miners for more than a century since the identification of a 22 feet-wide quartz-carbonate-sulphide vein. Early exploration showed a strike length of more than 1,100 that was an average of 8 feet wide bearing assays of 13.8 feet of 8.48% lead, 10.99% zinc and 2.96 ounces per tonne silver. Production in the 1950’s resulted in a total of 56,000 tons grading 0.25% copper, 2.44% lead, 2.59% zinc and 0.99 ounces per tonne silver. Even more promising, recently grab samples from the dump rock at the Keymet shaft and a typical lead/zinc samples from the ore dump ran 549 grams per tonne silver, 2.35% copper, 33.90% lead and 22.90% zinc.
Today, GreenLight showcased the potential via a press release after the bell noting the Keymet property with new information on gold discoveries. Strong gold discoveries that complement the silver, copper, lead and zinc already noted. Two new gold findings were identified: an outcrop on a brook just south of the Keymet shaft returning 3.4 grams per tonne gold and an area to the north-west of the shaft with indications that boulders contain between 1.7 and greater than 3.0 grams per tonne gold...
Click here for the rest of the report.
OVERVIEW
GreenLight is focusing its exploration efforts in Atlantic Canada, which is a sovereign risk free, resource rich domain. The company is aggressively advancing several projects addressing commodities such as Lithium, Graphite, REE’s, Rare metals and Precious metals.
For more information on GreenLight Resources Inc., CLICK HERE.
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Forward Looking Statements
This report includes forward-looking statements that reflect the mentioned companies current expectations about its future results, performance, prospects and opportunities. the mentioned companies has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause the mentioned companies actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.
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