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Brownstone Resources Updates on Progress of LS Grande; Plans to Conduct Geophysics

Wed. July 15, 2009; Posted: 04:05 PM
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TORONTO, Jul 15, 2009 (MARKETWIRE via COMTEX) -- BWNR | Quote | Chart | News | PowerRating -- Brownstone Resources (PINKSHEETS: BWNR | Quote | Chart | News | PowerRating) 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," "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.

Contact:
Investor Relations
Brownstone Resources Inc.
866-365-4724


SOURCE: Brownstone Resources Inc.

 
For full details for BWNR click here.

    


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