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CASH - GOLD - OIL - BASE METALS
* Approximately $6,000,000 in cash and liquid assets or roughly $0.13 per share
* Monthly oil royalty income of $50,000
* Three Active gold exploration projects (two in Nevada, one in BC)
* Three new base metal properties acquired March 2012
Greencastle Resources Ltd. (TSXV "VGN") is a diversified company with a strong balance sheet and no debt. Greencastle receives monthly cash flow from a royalty on the Primate oil field in Saskatchewan, where the Company made a discovery late in 2003. Discovery costs were roughly $1 Million and, to date, Greencastle has received over $10 Million in royalties.
Our business objective is to remain financially conservative while generating exposure for our shareholders to the high risk / high reward world of natural resource exploration.
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