Belize City, Belize (PressExposure) July 28, 2011 -- With 3 press releases in a week, we are definitely getting a hint of something major coming out of BRYN and trading pattern show it is primed for a major breakout. Our newest play GTA.V, also released a solid pr yesterday on bonanza grade surface grab sampling - looks like the Gold Rush is in full bloom.
BRYN's Wine Harbour Property already yielded $68 million with much more expected
We are not talking about small potatoes here, with historic gold production already amounted to $68 million, it's not a question of if there's gold, it's how much gold is there!
Bryn Resources Inc. provides additional updates on its property in Renfew, Nova Scotia
Bryn Resources Inc. is pleased to provide additional updates to its acquisition of an interest in a property in Renfew, Nova Scotia, Hants County District as disclosed in their Q3 quarterly filings. The acquisition consists of 62 mineral claims, each comprising 40 acres, for a total of 2,480 acres.
Bryn Resources Inc. is finalizing a consulting and ground assessment program with a very reputable and publicly listed company which will include an evaluation of the resource potential of these mineral claims.
Bryn Resources Inc. anticipates similar mineral characteristic as evidenced at our Wine Harbour property where claims have historically demonstrated, in the period between 1862 and 1939, a yield of 42,726 ounces of gold from 83,000 tons of ore, for an average content of 0.52 ounces per ton. At present Gold values this would have generated $68,000,000 subject to extraction cost.
About Bryn Resources Inc.
Bryn Resources is a precious metals exploration company currently concentrating its efforts in Eastern Canada region holding 100% interest in Renfrew Nova Scotia that comprises of 62 Claims covering 2,480 acres, and 100% interest in Wine Harbour, Nova Scotia with rights to 53 mineral claims for a total of 2,100 acres. These claims have historically demonstrated their mineralization and in the period between 1862 and 1939 yielded 42,726 ounces of gold from 83,000 tons of ore, for an average content of 0.52 ounces per ton. Bryn Resources Inc. continues to seek partnerships in proven mineralization which are close to the production phase.