SOURCE: Brownstone Resources Inc.

July 15, 2008 09:40 ET

Brownstone Completes Earn in of "LS Grande" Gold/Silver/Copper Property, Comments on Approval of "Phase One" Plan

TORONTO--(Marketwire - July 15, 2008) - BROWNSTONE RESOURCES INC. (PINKSHEETS: BWNR) is pleased to announce that the company has completed their option payments to date as required for the earn in portion of the "LS Grande" gold/silver/copper property, located in NE Arizona.

Additionally, Brownstone has received the "Phase One" development plan for the LS Grande, and is in the process of reviewing the plan for approval. Management anticipates final approval of the plan within the next few days.

"We are really excited about the prospects of the LS Grande property, the potential of the project and the effectiveness of the plan to deliver the results we are after. We have completed some limited ground geophysics, and collected surface samples for assaying... now we are going to proceed with putting a few holes down and, in due course, move forward with the completion of phase one," said Ken Lamb, Brownstone Resources Inc.

Phase One is proposed to include a limited drill program to further test the zone at depth, along with core sampling and assaying, followed by additional prospecting, claim staking, and more surface sampling.

Brownstone will announce a start date for commencement of work once the plan has been approved.

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

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