Oidon Company, Ltd. (OIDN)

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Brownstone Resources Announces First Stage Drilling Completed, Awaits Results

http://ih.advfn.com/p.php?pid=nmona&cb=1232981463&article=35963891&symbol=NO%5EBWNR
Date : 01/26/2009 @ 9:22AM
Source : MarketWire
Stock : Brownstone Resources Inc. (BWNR)
Quote : 0.011 0.0 (0.00%) @ 8:58AM


Brownstone Resources Announces First Stage Drilling Completed, Awaits Results





TORONTO -- (Marketwire) -- 01/26/09 -- Brownstone Resources Inc. (PINKSHEETS: BWNR) 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 Statement



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," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.


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