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Press Release Source: Greenlight Resources inc. on Monday August 23, 2010, 12:49 pm EDT

(PRZCF.OTCBB) (PH0.FRANKFURT) (TSXV.GR)VANCOUVER, Aug. 23 /CNW/ – GREENLIGHT RESOURCES INC. (TSXV.GR), announcesthat it has received preliminary results from its mapping and prospecting onits Brazil Lake Lithium and Rare Metal property in Nova Scotia. Three newprimary target areas have been identified, which are in addition to the knownNorth and South pegmatite dikes which are currently being drilled. The threenew targets, identified by pegmatite boulder float trains, the Deerfield, ArmyRoad and Church Road areas are deemed to be worthy of immediate follow-upwork. Several other areas containing pegmatite float have been identified andwill be followed up in later programs.

Three discrete pegmatite float trains are evident on this segment of theclaims. These float trains are about 300 meters in length and 50 to 75 metersin width and are oriented at 220 degrees. till fabric analysis indicates thatthe ice direction is also at 220 degrees. The individual trains are quiteuniform in their pegmatite composition. The northern train is mica,cleavelandite and tantalite bearing, the central train is cleavelandite andmica bearing while the southern train is spodumene and mica bearing. Thespodumene is the host mineral for Lithium in the Brazil Lake pegmatites. Thesefloat trains are thought to represent glacial dispersion from three separatedikes situated to the north-east of the boulder fields.

A program of systematic back hoe pitting and till analysis up ice fromthe boulder trains is planned for this area.

The Church Road target is a 400 meter square area of float boulders andpegmatite debris. The float consists of numerous mica and spodumene bearingboulders weighing up to 5 tonnes. Two bush roads which traverse this blockcontain numerous pegmatite fragments in the road bed including numerousspodumene fragments. Although there is not a well defined orientation to thefloat train such as that seen at Deerfield, it appears that this float hasmoved in a roughly 190 degree direction.

A program of back hoe pitting up-ice from the float area is planned inorder to determine till fabric and composition. The data gleaned from thiswork will be essential in discovering the source area of this spodumenebearing pegmatite.

Recent road ditching work done by the Nova Scotia Department ofTransportation has uncovered a small outcrop of mica rich pegmatite along thenorth side of the Holly Road. This exposure is oriented at 47 degrees which isthe same direction as the North and South dikes located approximately 300meters to the west. Associated with this dike are two float trains; one micarich and the other spodumene rich. Both of these float trains emanate from thesouthern strike projection of the pegmatite outcrop.

This target is deemed to be the highest priority target of the threefloat areas and plans are currently underway to expose more of the outcropthrough a trenching program expected to begin shortly. If the trenching workis successful, then this target may be included in the drill program currentlyunderway to more fully assess the economic potential of the this new dike.

John F. Wightman, M. Sc., FGAC, P. Eng., a Qualified Person as defined byNI 43-101 is responsible for the technical information contained in thisrelease.

About Greenlight Resources inc.:

Greenlight Resources inc. is a Canadian exploration company focused onthe discovery and development of Lithium and rare metal deposits. The Companyis currently focused on the 8,520 acre Brazil Lake property is locatedapproximately 30 kilometres north of Yarmouth, Nova Scotia, and 12 kilometreswest of the Avalon Rare Metals (AVL) East Kemptville Project. Drilling to datehas successfully revealed two Lithium bearing pegmatite dikes. In addition toLithium, the dikes host several other rare metals such as tantalum, niobium,beryllium, tungsten tin and rubidium. Metallurgical bench testing to date hasalso revealed other potential economic targets, including cosmetic grade mica,silica chloride, aluminum chloride and rubidium enriched potassium feldspar.

on Behalf of the board of directors, “Ron Bourgeois” Ron Bourgeois, President FOLLOW US ON: Facebook: http://www.facebook.com/people/GreenLight-Resources/100000687843563 twitter: http://twitter.com/PetroHorizon myspace: http://www.myspace.com/518719311 neither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

Forward-looking statements relating to future events or futureperformance and reflecting Green Light Resources management’s expectations orbeliefs regarding future events include, but are not limited to, statementswith respect to completion of the private placement and related matters. Incertain cases, forward-looking statements can be identified by the use ofwords such as “plans”, “expects” or “does not expect”, “is expected”,”budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or”does not anticipate”, or “believes”, or variations of such words and phrasesor statements that certain actions, events or results “may”, “could”, “would”,”might” or “will be taken”, “occur” or “be achieved” or the negative of theseterms or comparable terminology. By nature, forward-looking statements involveknown and unknown risks, uncertainties and other factors which may cause theactual results, performance or achievements of Green Light Resources to bematerially different from any future results, performance or achievementsexpressed or implied by the forward-looking statements. Such factors include,among others, risks related to actual results of current explorationactivities; changes in project parameters as plans continue to be refined;future prices of resources; possible variations in ore reserves, grade orrecovery rates; accidents, labour disputes and other risks of the miningindustry; delays in obtaining governmental approvals or financing or in thecompletion of development or construction activities; as well as those factorsdetailed from time to time in Green Light Resources interim and annualfinancial statements and management’s discussion and analysis of thosestatements, all of which are filed and available for review on SEDAR atwww.sedar.com. Although Green Light Resources has attempted to identifyimportant factors that could cause actual actions, events or results to differmaterially from those described in forward-looking statements, there may beother factors that cause actions, events or results not to be as anticipated,estimated or intended. there can be no assurance that forward-lookingstatements will prove to be accurate, as actual results and future eventscould differ materially from those anticipated in such statements.accordingly, readers should not place undue reliance on forward lookingstatements.

For further informationInvestor Relations: John Curle, Email:IR@GreenLightResources.ca Green Light Resources inc, Vancouver, BC, Tel:(604) 488-3900, email: info@GreenLightResources.ca

Prospecting Identifies New Pegmatite Targets at Brazil Lake