Agoracom

GREENCASTLE RESOURCES LTD. (TSX VENTURE: VGN) is a resource company with interests in gold exploration on the Battle Mountain Trend in Nevada, U.S.A. and in the Republic of Niger, West Africa. Greencastle has also submitted applications for three uranium concessions in Niger, the world’s fourth largest uranium producer.

In addition, Greencastle holds a gross overriding royalty on its section in the Primate oil field in Saskatchewan, Canada, where Greencastle made a discovery late in 2003. Currently production comes from eight wells.

This royalty has generated positive earnings for 2006, where the Company generates positive earnings from oil royalties, cash flowing approximately CDN $200,000 per month. For the full year of 2006, revenue from oil and gas production was $1,950,548 and the Company declared a net profit of $1,003,963.

CORPORATE MISSION STATEMENT
Greencastle management has proven access to high quality projects in some of the world’s most prolific gold producing regions and a wealth of experience in exploration, field operations, finance and administration. Greencastle’s mission is to build value for shareholders through project identification, acquisition and continued exploration both as principal and through joint ventures.

PROPERTY OVERVIEW
Greencastle has six active gold exploration properties, four on the Battle Mountain Trend in Nevada and two in Niger, West Africa. In addition, Greencastle holds an overriding royalty on a section of the Primate oil field in Saskatchewan, where the Company made a significant discovery in 2003/04.

Saskatchewan
Greencastle made an oil discovery late in 2003, which has since been converted to an overriding royalty. Greencastle has no further financial obligations with respect to the Primate section and receives a royalty on all production.

Cash flow from Primate is significant and has resulted in a net profit for Greencastle for fiscal year 2006 of $0.03 per share.  Production is expected to continue to increase through 2007 as new wells are added.

Nevada
The Battle Mountain Trend is one of the world’s most active gold exploration regions and hosts several multi-million ounce deposits. Greencastle is advancing four projects on the trend, the most advanced of which is Jewel Ridge. The Jewel Ridge property is located south of the former Ruby Hill gold mine, which was operated by Homestake Mining Company from 1997 until 2002 and produced some 135,000 ounces of gold annually. The property contains a number of historic small gold mines which align along a north-south trending, stratigraphic contact as well as several other gold mineralized zones. In the early 1990s, Homestake drilled 31 holes on a number of gold mineralized targets with the most encouraging values in three holes along the Jewel Ridge zone containing 7.7 grams per tonne gold (g/t Au) over 4.5 metres, 6.3 g/t Au over 9.1 m and 6.7 g/t over 9.1 m. In 2004, Greencastle drilled Hole HRC-11, to test a northeast trending structure which returned very encouraging values including 2.1 g/t gold over 39.6 metres. A follow up drill program is planned for the first half of 2007.

Jewel Ridge is situated between Staccato Gold’s South Eureka project and Barrick’s East Archimedes deposit at Ruby Hill which is scheduled for production in the near term.

Republic of Niger, West Africa
Greencastle has the right to earn 100% (subject to a 10% carried interest retained by the Republic of Niger) in two exploration concessions in the Liptako area of southwestern Niger, West Africa. The Namaga and Koyria concessions, covering 1,148 km² and 1,045 km² respectively, overlie Birimian greenstone-granite assemblages which extend southwest through Burkino Faso and Ghana, where these rocks host multi-million ounce gold deposits.

Both the Namaga and Koyria concessions are under option to Orezone Resources Inc. (TSX: OZN). Orezone can earn a 50% interest in Greencastle’s interests by spending $1,000,000 on each concession. On September 14th, 2006, Greencastle and Orezone reported very encouraging initial drill results from the Namaga project, including 22 metres grading 2.4 g/t and 10 metres grading 4.9 g/t gold. Drilling at Namaga will continue and drilling is planned for Koyria in 2007.

Additionally, Greencastle has submitted applications for three uranium concessions in Niger, the world’s fourth largest uranium producer.

Executive Team:
Anthony Roodenburg – C.E.O and Director
Dr. James Pirie- President and Director
Dr. Anthony P. Taylor- Director
Hon. Nick Taylor- Director
Richard Zakaib- Director and Secretary