OAKVILLE, Ontario, April 12, 2013 /PRNewswire/ -- Great Rock Development Corp. (OTC Pink: GROC) is pleased to provide an update on the company's gold property in Byers Brook, Cobequid Highlands of Nova Scotia, Canada.
We have been carefully monitoring the activity by other companies in the surrounding areas as they established claims and begin exploration as a result of the original report of gold finds by the Nova Scotia Department of Natural Resources. In addition, our team on the ground has been diligently preparing to spend a very active summer of exploration beginning with our planned airborne survey, which will be completed this spring. Following the airborne survey we will be executing our first phase of ground exploration leading to our drilling program. We are very excited about this venture and expect to accelerate exploration to assess the commercial viability of our mineral rights once the airborne results are reviewed.
Danny Wong, President and CEO of Great Rock Development Corp: "Management has been in discussion to expand its claims in the area and has been in talks with potential joint development partners for other significant opportunities. We will update shareholders as these negotiations progress."
Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the OTCMarkets.com including the Company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.
SOURCE Great Rock Development Corp.