Greencastle Resources Ltd.

TORONTO, ONTARIO--(Marketwired - Sep 5, 2013) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or the "Company") would like to remind shareholders that they should defer taking any action in respect of the offer from Zara Resources Inc. until shareholders have received further communication from the board of directors of Greencastle. Following a detailed review of the offer by a special committee, Greencastle [...]

TORONTO, ONTARIO--(Marketwired - Aug 29, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) announces that it has retained Laurel Hill Advisory Group, one of Canada's leading shareholder communications firms, to ensure Greencastle shareholders are fully advised with proper information in relation to the announcement by Zara Resources Inc. ("Zara") of its unsolicited offers to acquire all [...]

TORONTO, ONTARIO--(Marketwired - Aug 28, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) is pleased to report that Rainbow Resources Inc. ("Rainbow") has completed a comprehensive review of all available technical data associated with the Jewel Ridge property near Eureka, Nevada. This review resulted in several promising drill targets being identified on the property that Rainbow [...]

TORONTO, ONTARIO--(Marketwired - Aug 22, 2013) - Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or the "Company"), is pleased to provide the consolidated financial results for the Company for the period ended June 30, 2013 which have now been filed on SEDAR. As of June 30, 2013 total shareholder equity (assets less liabilities) was $5,823,930 ($0.13 / share) versus $6,085,967 ($0.13 / share) at December 31 [...]

TORONTO, ONTARIO--(Marketwired - Aug 19, 2013) - Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE:VGN) acknowledges the announcement made on August 19, 2013 by Zara Resources Inc. ("Zara") of its intention to make an unsolicited offer to purchase 100% of the issued share capital of Greencastle, Visible Gold Mines Inc. and Altai Resources Inc. As of the date of this news release, the Company has had [...]

Greencastle, is pleased to report that, in return for granting an option extension to Rainbow Resources, Rainbow has agreed to include recently acquired patented claims totalling 35 hectares located within Greencastle's larger Jewel Ridge claim block in Nevada. The claims are along trend in the immediate vicinity of the Hamburg pit, where Rainbow geologists have outlined a minimum 500 metre-long altered zone characterized [...]

Greencastle, through Greencastle's subsidiary Deveron Resources has acquired an additional stake in Boreal Agrominerals, which owns and operates a carbonatite quarry near Sudbury, Ontario. By means of a private placement, Deveron has now increased its interest to 15.5% in Boreal. In connection with the purchase, Greencastle has loaned Deveron $400,000, which bears interest at prime plus two percent (2%) and is due on [...]

Greencastle Resources subsidiary Deveron Resources has reported very encouraging results from a recent exploration program, carried out late in the 2012 field season on Deveron's 100% owned Nechako Property (see Deveron press release dated April 5, 2013). Greencastle holds 7,569,505 Deveron shares or approximately 64% of Deveron's 11,794,505 common shares outstanding.

Greencastle is pleased to provide an update on the activities of both Greencastle and its subsidiary Deveron Resources Ltd. Deveron has completed all required work to earn a 100% interest in the Nechako property, subject to a 2% net smelter return royalty payable to the underlying vendor and a 1% net smelter return royalty payable to Greencastle. Assays are pending on rock, soil and silt samples collected late in 2012.