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Brownstone Resources, Inc. (BWNR/BWNR.PK) Wrap Up:
MGM Mineral Resource, Inc., a gold mining company, engages in the acquisition and development of production properties in South and Central America. It owns interest in La Esperanza and Manantiales mines located in Colombia. The company was formerly known as Anglo Andean Mining Co. Prior to that, it was known as Mercantile Gold Company. MGM Mineral Resource is based in Toronto, Canada.Brownstone Resources, Inc. (BWNR:OTC)
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Brownstone Resources, Inc. has been in talks with prospective geophysical surveying companies to conduct a limited ground geophysics program on their L.S. Grande property. Brownstone also continues to pursue and evaluate other potential acquisition opportunities that could further enhance their portfolio while adding investor value.
Brownstone Resources Inc. received assay results from the final set of samples submitted from the 2008 drill program on the companies 'LS Grande' property, located in the Long Valley mining district of Arizona. The company plans to continue with the final portion of the phase one exploration and development program and will now conduct additional geophysical testing of the target area in an effort to better define the structure of the mineralized zone. The company has not yet chosen a start date. The company will endeavor to make public any and all updates and results from the LS Grande property as they happen, and in a timely manner.
Brownstone Resources Inc. announced plans to continue with the final portion of the phase one exploration and development program for the company's LS Grande property, located in the Long Valley mining district of Arizona. As previously announced, the company will now follow up the recently completed drill program by performing additional geophysical testing of the target area in an effort to better define the structure of the mineralized zone.
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More Recent News About Brownstone Resources, Inc.
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Brownstone Resources LS Grande Update
TORONTO--(Marketwire - 11/12/09) - Brownstone Resources Inc. (Pinksheets:BWNR - News) announces start of work on the "LS Grande" geophysics survey. Major Management Exploration will mobilize their crew to the site early next week and begin the proposed survey, originally announced in September.Additionally, the US Forestry Service was contacted and notified of the upcoming proposed survey, and has given the go ahead to proceed with the project. The survey is expected to take 7-10 days.Brownstone Resources will make results of the survey public once the full written report has been submitted for management review and recommendations. Dependent upon the results of the program, the company could, as part of the next phase, plan additional drill holes.The LS Grande property is located in the Coconino County of the Long Valley Mining District in North Eastern Arizona.In addition to the continued exploration and development of the LS Grande, Brownstone continues to evaluate other potential acquisition and partnership opportunities, as part of their ongoing business strategy.Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstone's projects are available on the company website at ...Click here to read the whole Article (external link)
Brownstone to Move Forward With Geophysical Survey
TORONTO--(Marketwire - 09/04/09) - Brownstone Resources Inc. (Pinksheets:BWNR - News) has been in negotiations for several weeks with prospective geophysical surveying companies to conduct a limited ground geophysics program on their L.S. Grande property, located in the Coconino County of the Long Valley mining district of Arizona. Major Management Exploration Services has been contracted to complete this work which will commence within the next 4 - 6 weeks. MMES has over 30 years' experience in the mining industry having worked on projects all over North America. Brownstone Management is excited about this next phase of the program on their property and will publish the geologic report as soon as possible following the completion of this program.Dependent upon the results brought forth from this program, the company could plan a second, more extensive drill program on the L.S. Grande Property. Brownstone continues to pursue and evaluate other potential acquisition opportunities that could further enhance their portfolio while adding investor value.Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstones' projects are available on the company website at www.brownstoneresources.com....Click here to read the whole Article (external link)
Brownstone Resources Updates on Progress of LS Grande; Plans to Conduct Geophysics
TORONTO--(Marketwire - 07/15/09) - Brownstone Resources (Pinksheets:BWNR - News) reports that the company will proceed with plans to perform the limited ground geophysics program on the company's "LS Grande" property, located in the Coconino County of the Long Valley mining district of Arizona. The company will now send out a request for proposal (RFP) to several qualified geophysical surveying companies. The RFP outlines the requirements of the company for the geophysics to be performed.Once the RFPs have been received back to the company, management will select the preferred bid and look to set a start date for the program to commence.Management will endeavor to report on the exploration and development of the LS Grande, in a timely manner, as they happen.Brownstone Resources is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstone's projects are available on the Company's website at www.brownstoneresources.com.Forward-Looking Statements:This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plan...Click here to read the whole Article (external link)
Brownstone Comments on Recent Assay Results
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Brownstone Resources Moving Forward With "LS Grande" Development
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Brownstone Releases "LS Grande" Assays, Looks to Next Stage
TORONTO--(MARKET WIRE)--Mar 18, 2009 -- Brownstone Resources (Other OTC:BWNR.PK - News) releases assay results from the recently completed 2008 drill program on the companies "LS Grande" property, located just outside of Flagstaff, Arizona. Results are as follows: Dry Wt Au Ag Au Ag ------ ------ ------ ------ ------ Weight FA30 AgCN AuCN D2A ------ ------ ------ ------ ------ 0.01 0.001 0.001 0.001 0.2 ------ ------ ------ ------ ------ SAMPLES lbs OPT OPT OPT ppm ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ LSG-1 050-075 0.98 -0.001 -0.001 0.001 -0.2 ------ ------ ------ ------ ------ LSG-1 075-100 1.01 -0.001 -0.001 -0.001 -0.2 ------ ------ ------ ------ ------ LSG-1 100-125 0.90 -0.001 -0.001 -0.001 -0.2 ------ ------ ------ ------ ------ LSG-1 125-150 0.95 -0.001 -0.001 0.001 -0.2 ------ ------ ------ ------ ------ LSG-1 150-175 0.83 -0.001 -0.001 0.001 -0.2 ------ ------ ------ ------ ------ LSG-1 175-200 0.92 -0.001 -0.001 -0.001 -0.2 ------ ------ ------ ------ ------ LSG-1 200-225 0.90 -0.001 -0.001 0.001 0.2 ------ ------ ------ ------ ------ LSG-1 225-250 0.84 -0.001 0.047 -0.001 8.7 ------ ------ ------ ------ ------ LSG-1 ...Click here to read the whole Article (external link)
Letter to the Shareholders of Brownstone Resources Inc. on Corporate Update
TORONTO--(MARKET WIRE)--Jan 28, 2009 -- The management of Brownstone Resources (the "company") (Other OTC:BWNR.PK - News) is pleased to provide a corporate update to its shareholders. Brownstone recognizes that recent market conditions have made times extremely challenging for the junior exploration and resource companies and markets. In these turbulent times, junior mineral resource exploration companies must have well-located, quality projects; an appropriate strategy in place; and an experienced management team. Brownstone Resources has all of these. 2008 was a year of steady progress and accomplishment for Brownstone Resources as the company was able to deliver on its plans as proposed for the year.The company successfully completed its earn in on the "LS Grande" (the "property") gold/silver/copper property, located in NE Arizona, and also fulfilled their obligations required for exploration expenditures. The company was also successful in implementing the "Phase One" exploration plan for property, which saw Brownstone complete the initially proposed drill program of the target area. The company is now awaiting the results of the drill program. While Brownstone intends to continue to focus on its LS Grande project the company is continuing to evaluate potential acquisition opportunities of undervalued attractive gold projects that could add to shareholder value. Brownstone Resources appreciates the support of its many shareholders, and we look forward to 2009 as a year of continued growth and achievement.Brownstone R...Click here to read the whole Article (external link)
Brownstone Resources Announces First Stage Drilling Completed, Awaits Results
TORONTO--(MARKET WIRE)--Jan 26, 2009 -- Brownstone Resources Inc. (Other OTC:BWNR.PK - News) is pleased to announce that the first portion of drilling on the company's "LS GRANDE" property (the "property") located in northern Arizona, was completed in late October. Diversified Drilling completed a total of two holes, each to 400 feet in depth, for a total of 800 feet of drilling. A representative sample was taken every 25 feet.After completion of the fall drill program, the company experienced a longer than expected delay in the submission of the samples due to extenuating circumstances. These circumstances now remedied, the samples have been submitted for analysis.A total of 64 samples have been submitted to be assayed for metal/mineral content, gold, silver and copper among them. The company anticipates the results from the drill and sampling program within the next few weeks.Management will endeavor to report on the results from the LS Grande as soon as they are available.Brownstone Resources is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstone's projects are available on the Company's website at www.brownstoneresources.com.Forward-Looking StatementThis news release contains forward-lo...Click here to read the whole Article (external link)
Brownstone Resources LS Grande Update
TORONTO--(Marketwire - 11/12/09) - Brownstone Resources Inc. (Pinksheets:BWNR - News) announces start of work on the "LS Grande" geophysics survey. Major Management Exploration will mobilize their crew to the site early next week and begin the proposed survey, originally announced in September.Additionally, the US Forestry Service was contacted and notified of the upcoming proposed survey, and has given the go ahead to proceed with the project. The survey is expected to take 7-10 days.Brownstone Resources will make results of the survey public once the full written report has been submitted for management review and recommendations. Dependent upon the results of the program, the company could, as part of the next phase, plan additional drill holes.The LS Grande property is located in the Coconino County of the Long Valley Mining District in North Eastern Arizona.In addition to the continued exploration and development of the LS Grande, Brownstone continues to evaluate other potential acquisition and partnership opportunities, as part of their ongoing business strategy.Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstone's projects are available on the company website at ...Click here to read the whole Article (external link)
Brownstone to Move Forward With Geophysical Survey
TORONTO--(Marketwire - 09/04/09) - Brownstone Resources Inc. (Pinksheets:BWNR - News) has been in negotiations for several weeks with prospective geophysical surveying companies to conduct a limited ground geophysics program on their L.S. Grande property, located in the Coconino County of the Long Valley mining district of Arizona. Major Management Exploration Services has been contracted to complete this work which will commence within the next 4 - 6 weeks. MMES has over 30 years' experience in the mining industry having worked on projects all over North America. Brownstone Management is excited about this next phase of the program on their property and will publish the geologic report as soon as possible following the completion of this program.Dependent upon the results brought forth from this program, the company could plan a second, more extensive drill program on the L.S. Grande Property. Brownstone continues to pursue and evaluate other potential acquisition opportunities that could further enhance their portfolio while adding investor value.Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold properties in North America. Details of Brownstones' projects are available on the company website at www.brownstoneresources.com....Click here to read the whole Article (external link)
