SOURCE: Brownstone Resources Inc.

August 06, 2008 08:30 ET

Brownstone Resources Inc. Announces Drill Program Set to Commence

TORONTO--(Marketwire - August 6, 2008) - BROWNSTONE RESOURCES INC. (PINKSHEETS: BWNR) has been advised that a tentative start date of September 15, 2008 has been set for drilling to commence on the LS GRANDE property, located in Northern Arizona, as part of the 2008 exploration program currently underway over two target areas.

Approximately 3000 feet of drilling is expected to be completed over the two areas. Management believes that RC drilling is the most cost-effective way to test target models at shallower depths prior to commencing more costly diamond drilling.

It is expected the drilling will take two to three weeks to complete, at which point an update will be provided to shareholders.

In addition to the two target areas identified for exploration this 2008 field season, the Company intends to explore for and possibly identify new target areas over the LS GRANDE Property.

Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold mining properties. Details of Brownstones 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.

Contact Information

  • Contact:

    Investor Relations
    Brownstone Resources Inc.
    866-365-4724