Greene Concepts Eyes New Revenue Streams From McDowell County Mineral Assets
Rhea-AI Summary
Greene Concepts (OTCID:INKW) announced it is evaluating revenue opportunities tied to mineral resources near its Marion, North Carolina facility, including gold, rare earth elements (REEs), copper, zinc, manganese, quartz, feldspar and dimension stone.
The company said it may pursue royalties, leases or joint ventures with local mines and historic sites in McDowell County while keeping focus on its Be Water bottled water business and shareholder value.
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MARION, NC / ACCESS Newswire / January 27, 2026 / Greene Concepts Inc. (OTCID:INKW), owner and operator of a 60,000-square-foot bottling facility in Marion, North Carolina, and producer of the premium artesian spring water brand Be Water™, today announced that, following its November 4, 2025 news release highlighting the surge in gold and silver prices, the Company is now evaluating additional revenue opportunities tied to the mineral-rich geology surrounding Marion, North Carolina, and McDowell County.
The region hosts a wide variety of documented mineral deposits, including gold, copper, zinc, manganese, feldspar, quartz, and rare earth elements (REEs), along with active and historic mines such as Lucky Strike and Thermal City Gold Mines. According to public geological data, McDowell County contains more than 20 recorded mining sites, several of which list gold and REEs among their primary commodities (See: TheDiggings.com).
Greene Concepts views its proximity to this mineral belt as a strategic advantage and intends to assess opportunities for royalty, lease or joint venture participation involving local mineral resources such as gold, REEs, and industrial materials like quartz and dimension stone.
Regional Mineral Highlights
Gold - Historic and active deposits across McDowell County; gold found in both placer and quartz vein formations.
Rare Earth Elements (REEs) - Documented occurrences in pegmatite formations throughout the region.
Copper, Zinc, and Manganese - Confirmed base metals linked to local vein systems.
Quartz, Feldspar, and Dimension Stone - Industrial minerals used in glass, ceramics, and construction, with rising market demand.
Tourism & Heritage Mining - Sites like Lucky Strike contribute to local jobs and tourism revenue.
"While our core focus remains bottled water and brand development, the mineral-rich land around our Marion facility offers exciting diversification potential," said Lenny Greene, President & CEO of Greene Concepts. "We aim to explore these opportunities carefully, adding long-term value for shareholders while continuing to honor our Be Water brand mission."
Greene continued, "Our exploration of local mineral assets represents another avenue to strengthen long-term shareholder value. By identifying potential royalties, lease income or joint ventures tied to McDowell County's resources, we can enhance our overall growth strategy while maintaining financial discipline and transparency."
Forward-Looking Outlook
Exploration and evaluation are preliminary, and no assurance can be given that mineral occurrences will lead to commercially viable reserves. Greene Concepts will continue due diligence and provide updates as results develop.
Follow Greene Concepts, Inc. on Social Media at: X - @GreeneConcepts, Facebook - @inkw2025, Instagram - Greene Concepts, Inc. and Be Water
About Greene Concepts, Inc.
Greene Concepts, Inc. (https://www.greeneconcepts.com) is a publicly traded company whose purpose is to provide the world with high-quality, healthy and enhanced beverage choices that meet the nutritional needs of its consumers while refreshing their mind, body and spirit. The Company's flagship product, Be Water™, is a premium artesian bottled water that supports total body health and wellness. Greene Concepts' beverage and bottling plant is located in Marion, North Carolina, and the water is ethically sourced from spring and artesian wells that are fed from a natural aquifer located deep beneath the Blue Ridge Mountains. Greene Concepts continues to develop and market premium beverage brands designed to enhance the daily lives of consumers.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.
CONTACT:
Greene Concepts, Inc.
Investor Relations
IR@greeneconcepts.com
SOURCE: Greene Concepts, Inc.
View the original press release on ACCESS Newswire
FAQ
What mineral opportunities did Greene Concepts (INKW) announce on January 27, 2026?
How could Greene Concepts (INKW) monetize McDowell County mineral assets?
Will Greene Concepts (INKW) stop its bottled water operations to pursue mining?
Which specific local mines or sites did Greene Concepts (INKW) reference in the announcement?
Does the announcement include binding deals or financial guidance for Greene Concepts (INKW)?
