GreenLight Resources is a Canadian company trading on the TSX Venture Exchange GR: TSX-V.

 Building Shareholder Value by finding and advancing

Mineral Assets under a Project Generation Model

GreenLight is focused on exploring Atlantic Canada, which is a sovereign risk-free, resource-rich domain. (New Brunswick was recently rated as the #1 region in the world to do mining in by the Fraser Institute in March of 2012.) GreenLight is sourcing and advancing several projects under a Project Generation model, addressing a wide range of specialty and traditional commodities such as Graphite, Tungsten, Antimony, base metals and precious metals.

Lithium and Rare Metals Project - Brazil Lake
One of the company's focuses is the 8,520 acre Brazil Lake property, located approximately 30 kilometres north of Yarmouth, Nova Scotia.  Drilling to date has successfully revealed two Lithium-bearing pegmatite dikes.  In addition to Lithium, the dikes host several other rare metals such as tantalum, niobium, beryllium, tungsten tin and rubidium. Metallurgical bench testing to date has also revealed other potential economic targets, including cosmetic grade mica, silica chloride, aluminum chloride and rubidium enriched potassium feldspar. Exploration over the summer has identified several other pegmatite dikes. These dikes will be drilled during the fall and winter programs.

Rare Earth Element Project - Porcupine
The Company acquired a 100% undivided interest in the Porcupine-Upper Miramichi Rare Earth Property in New Brunswick.  The primary target is the various rare earth elements (REE) that were discovered in soil samples on the property in 2007.  Soil assays for REE's include Samarium (Sm), were reported with grades of up to 218 ppm (g/t) and Dysprosium (Dy) with grades of up to 98.6 ppm (g/t), Neodymium  (Nd) with grades of up to 1190 ppm (g/t), Ytterbium  (Yb) with grades of up to 31.3 ppm (g/t) and  Yttrium (Y) with grades of up to 472 ppm (g/t).  Reported assays for Heavy REE's include Terbium (Tb) with grades up to 20.3 ppm (g/t) and Ytterbium (Yb) with grades up to 31.3 ppm (g/t) while reported light rare earth metals include Cerium (Ce) with grades up to 459 ppm (g/t) and Lanthanum (La) with grades up to 1,300 ppm (g/t).  The Company is currenlty conducting an initial mapping and prospecting program over the property.

Golden Grove Graphite deposit  - Saint Johns
The 100 % owned Golden Grove Graphite deposit is located 24 kilometres northeast of Saint John, NB.   The Deposit has been known since the mid 1930’s and has assayed up to 31.74% graphite.  Previous drilling blocked out approximately 25,000 tons of 22.37% graphitic carbon but no work has been carried out on the property since 1987.  Graphite is a conductive, chemically inert mineral that is a key component to almost all batteries, fuel cells, brake pads, and is also a critical component in both the metallurgical and electrical industries.  Graphite is similar to rare earths minerals in that they are largely monopolized by China.  Current and planned production of high quality graphite is only a small fraction of the projected requirements of the battery and automotive industries.  This suggests that the price of high quality graphite will at least maintain its current price of approximately $2,400 per tonne, and possibly approach that of synthetic graphite which currently sells for in excess of $19,000 per tonne.

Silver and base metals - Keymet
Greenlight acquired a 100% interest in the Keymet property located 24 kilometres NNW of Bathurst, New Brunswick.  The property covers 6,400 acres and is named after a small past-producing mine located on the property which produced a total of 56,000 tons @ 0.25% Cu, 2.44% Pb, 2.59% Zn and 0.99 opt Ag between 1954 and 1956 a shaft was sunk to the 366 meter level with drifts established on the 45, 91, and 137 meter levels.  Production ceased in 1956 when a fire destroyed the mine buildings.  Based on historic geophysical and geochemical data, there is good evidence that a series of three and possibly four, parallel vein systems occur on the property.  Exploration planned for the Keymet claim group will include re-establishment of the geochemical/geophysical grids and locating the historic anomalies on the ground. Confirmation of the soil anomalies with follow up trenching, where applicable and ultimately diamond drilling of the four proposed vein systems will be done during the upcoming exploration program.

Manganese Project - Tomahawk
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 100% interest in the project and a program including trenching and eventual drilling is in the early planning stages. 9.67% Mn, 9.33% Fe

Discovering, Developing and Exploring for Lithium & Rare Metals

Drill results to date have identified two lithium and rare earth metal bearing pegmatite dikes that appear at surface and are up to 20 meters wide and having exposed lengths up to 300 meters long. The deepest drill hole intersected the dikes at 50 meters depth. Both pegmatites remain open at depth and future drilling will extend the depth of the dikes to 100 or 150 meters and determine if metal grades increase with depth.

Three other potential pegmatites have been indicated through geochemical surveys.

Further geochem surveys, exploration and subsequent drilling are planned to define other pegmatite dikes on the property indicated by pegmatite float fields.

Lithium Demand Projections, Batteries & Vehicles

Focused on Atlantic Canada, our Goal is to Develop Mineral Assets under our Joint Venture Project Generation model...