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GR.v Stakes the Shear Mine - 17.14 g/t Au
1. GreenLight stakes The Shear Mine Gold occurrence, historic assays 17.14g/t Au
New Brunswick, Canada
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(OTCBB: PRZCF) (FRANKFURT: PHO) (TSXV : GR)
VANCOUVER, British Columbia – November 10, 2011 – GREENLIGHT RESOURCES INC.
(TSXV.GR), is pleased to announce that the Company has acquired by staking a further 2,400 acres
adjacent to its Otter Lake property in northern Charlotte County, New Brunswick. GreenLight previously
announced an option agreement with Portage Minerals Inc. (RKX - CNSX) and Rockport Mining Corp.
to acquire a 50% interest in the 4,160 acre Otter Lake property. The new staking increases GreenLight's
contiguous land position to 6,560 acres.
The newly acquired lands which are 100% owned by GreenLight are situated 15 km east of the Mt
Pleasant Zn (zinc), In (Indium), W (tungsten), Mo (Molybdenum), Bi (Bismuth) deposit. Located on the
property is the Pender Brook Fault Zone which hosts the Shear Mine occurrence. This is an old shaft
(1868 vintage) that was sunk on a 30 cm wide quartz vein carrying pyrite, magnetite and minor
chalcopyrite. Historical assays from the time the shaft was sunk assayed up to 17.14 g/t (grams per ton)
Au and subsequent sampling returned 9.6 g/t Au and 60 g/t Ag. The mineralization here is associated
with a wide silicified, sericitic shear zone within the Pender Brook Fault.
Assays cited above have been taken from previous assessments reports. Readers are warned that
"historical records" referred to in this release have been examined but not verified by a "Qualified
2. Person". Further work is required to verify that the historical assays referred to in this release are
accurate.
Patrick Forseille, P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical
information contained in this release.
On Behalf of the board of directors
“Chris Anderson”
Christopher R Anderson,
CEO – President
Investor Relations
John Curle
Email: IR@GreenLightResources.com
Read about GreenLight Resources Inc.: http://greenlightresources.com/corporate-overview/
Read Disclaimer: http://greenlightresources.com/legal-disclaimer/
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Suite 888 – 888 Dunsmuir Street Vancouver, B.C., V6C 3K4