While many Canadian junior mining companies have focused their attention on better-known areas such as Quebec, Ontario, BC and the Yukon, Vancouver-based Greenlight Resources Inc. (TSX-V: GR) has instead directed their efforts toward acquiring and developing projects in Atlantic Canada.  In the process, they have assembled an array of prospective projects involving gold, silver, base metals, graphite, manganese, lithium and a variety of Rare Earth Elements (REE).

 

Greenlight’s projects and their current development status includes:

 

BRAZIL LAKE – Lithium and Rare Metals (Nova Scotia) – Brazil Lake is located 30 Km north of Yarmouth, NS and drilling to date has revealed several lithium-bearing pegmatite dykes which company geologists believe also host several other rare metals such as tantalum, niobium, beryllium, tungsten tin and rubidium.  The company is in the process of testing and evaluating the Silchlor Cyclic Vacuum Chlorination process of extracting lithium and other REE at Brazil Lake.  

 

PORCUPINE PROJECT – Rare Earth Elements plus gold, silver and base metals (New Brunswick) – Porcupine is located in east-central New Brunswick and the south claim block contains a REE target while the north claim contains gold, silver and base metals targets.  The company is presently conducting a geophysical survey in order to refine the location of drill targets identified by earlier soil sampling and prospecting programs. 

 

KEMPTVILLE PROJECT – Gold (Nova Scotia) – Kemptville is located in south-central Novas Scotia in an area where high grade gold was discovered and produced from two mines, the “Kempt” and the “Cowan” over 100 years ago.  Greenlight recently conducted a drill program in spring 2011 and has also just uncovered several groups of boulders of crenulated, silicified greywacke.  The company plans to develop future drill locations and also assess the alluvial gold potential at Kemptville.

 

KEYMET PROJECT – Silver and Base Metals (New Brunswick) – Keymet is located 24 Km NNW of Bathurst, NB and covers some 6,400 acres.  The project was in operation from 1954 to 1956 and produced 56,000 tons of ore grading 0.25% Cu, 2.44% Pb, 2.59% Zn and 0.99 opt Ag.  Production ceased following a 1956 fire but based on historic geophysical and geochemical data, company geologists believe there is good evidence that a series of three and possibly four parallel vein systems occur on the property.  Greenlight plans to ultimately conduct diamond drilling programs at the suggested four vein systems.

 

GOLDEN GROVE PROJECT – Graphite (New Brunswick) – Golden Grove is located 24 Kim NE of Bathurst, NB where high grade graphite mining took place roughly between 1880 and 1910.   A program is presently being planned to explore pre-existing trenches and rock dumps in order to obtain samples of high grade graphite to establish grain morphology.  Prospecting and mapping programs are also in the planning stage with a view to developing a larger tonnage deposit.   

 

TOMAHAWK PROJECT – Manganese (New Brunswick) – The Tomahawk Ridge manganese prospect, covering 52 claims over 2,080 acres in NE New Brunswick, was discovered in 1976 and Noranda subsequently acquired the project in 1979 but no further work was conducted.  Greenlight recently acquired the project and a program including trenching and eventual drilling is in the early planning stages.

 

There are several specific advantages relating to exploring and developing properties in Eastern Canada’s Maritime Provinces including excellent support from provincial governments; subsidies for specific areas of scientific applications; an excellent general infrastructure as well as a cost structure which is lower than in many other areas of the Dominion. 

 

Greenlight’s exploration and development work also involves minerals which appear directly relevant to America’s Green Energy Initiative.

 

Greenlight’s management team is headed by President Christopher Anderson and the Board of Directors includes Anderson, J. Paul Sorbara, Richard Granholm, Alex Von Kleist and Antony Claydon.

 

The company website can be found at www.greenlightresource.com.

 

 

 

An in-depth study of Greenlight’s properties and activities will be prepared and posted following a property visit currently scheduled for early November, 2011