BWNR | Brownstone Resources Releases Comments On Elliot Lake Option

Penny Stock News From The Pink Sheets

Jul 29, 2008 10:19:00 AM

TORONTO -- (MARKET WIRE) -- 07/29/08 -- Brownstone Resources Inc. (PINKSHEETS: BWNR) has decided not to continue with plans for the Elliot Lake prospective uranium property. The company will instead focus their efforts on the exploration and development of the LS Grande gold/silver/copper property in Arizona.

Management will continue to keep investors and shareholders updated as our field programs yield results.

Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold mining properties. Details of Brownstone's projects are available on the Company's website at www.brownstoneresources.com.