Breaking News: Greencastle subsidiary, Deveron Resources Ltd. (TSXV: "DVR")
, options major new base metal / graphite discovery in Ontario. Greencastle owns 65% of Deveron. Deveron has only 11.8 million shares issued. See details in our Recent News
Greencastle Resources Ltd. (TSXV: "VGN") is one of the best diversified value plays on the TSX Venture with over $5,000,000 in cash and liquid assets, as well as interests in oil properties, royalties and gold assets. With a market capitalization of less than $4,000,000 there has been active insider buying and the Company is buying back shares for cancellation.
Greencastle reported a profit for the year end Dec. 31, 2013. A new oil well has been drilled on Greencastle's property in the Spirit River area Northwestern Alberta by our partner Direct Energy near Tourmaline Oil Corp. (TSX "TOU") with completion expected in the coming weeks. Greencastle will retain a royalty.
Additionally, Greencastle owns a 100% interest in two highly prospective gold properties on the Battle Moutain trend in Nevada adjacent to two projects that have seen significant recent transactions.