Goldstar Minerals Commences Drilling at its Julien Property in Northern Quebec
03 Febbraio 2014 - 10:13PM
Marketwired
Goldstar Minerals Commences Drilling at its Julien Property in
Northern Quebec
MONTREAL, QUEBEC--(Marketwired - Feb 3, 2014) - Goldstar
Minerals inc. (TSX-VENTURE:GDM) (the "Company" or "Goldstar
Minerals") is pleased to announce that Forages Chibougamau has
mobilized equipment and personnel to commence drilling on the
Company's Julien polymetallic project located 100 km East of
Mattagami. The currently permitted drill program will consist of a
minimum of 1,200 metres.
A ground induced polarization survey (IP) completed by
Géophysique TMC of Val-D'Or, Québec outlined several detailed IP
anomalies on the main grid in an area where several high-priority
and untested conductors were identified by the previous airborne
survey. The main grid encompasses an area with targets near the
Opatica - Abitibi suture zone, an area of significant structural
deformation several hundred kilometers long.
The Julien Property comprises 9,100 hectares (91 km2) and is
located east of Mattagami, Québec. Access is good all year long
with the presence of numerous logging roads that transect the
property. The Company has an undivided 100% interest in these
claims.
Benoit Moreau, Goldstar Minerals' President and Chief Executive
Officer states "We are pleased to undertake this drilling program
on a property, which we believe has overlooked potential. The
Company is also in a position to quickly follow-up on positive
results".
The Company also announces that it is granting 1,032,500
incentive stock options to directors, officers, consultants and
advisors of Goldstar Minerals exercisable at a price of $0.40 for a
period of 5 years, subject to TSX-V and regulatory acceptance.
Qualified Person
The scientific and technical information in this news release
has been reviewed and approved by Benoit Moreau, Goldstar Minerals'
President and CEO, a professional engineer and a qualified person
as defined by National Instrument 43-101.
About Goldstar Minerals inc.
Goldstar Minerals is focused on developing high-value tungsten
and related metals deposits in leading mining jurisdictions.
Goldstar Minerals has a second property, Brockaby, which is also
located in Québec with excellent access all year round. The Company
is led by a diverse team of explorers, developers and operators
with major company experience and a clear understanding of the
business of mining.
For more information about Goldstar Minerals inc., please visit:
www.goldstarminerals.com
On behalf of the board of directors of Goldstar Minerals
inc.
Benoit Moreau
President & Chief Executive Officer
FORWARD LOOKING STATEMENTS: This document includes
forward-looking statements as well as historical information.
Forward-looking statements include, but are not limited to,
statements with respect to the impact of the acquisition on the
Company and the Company's exploration plans with respect to the
Property. When used in this document, the words "anticipate",
"believe", "estimate", "expect", "intent", "may", "project",
"plan", "should" and similar expressions may identify
forward-looking statements. Although Goldstar Minerals inc.
believes that its expectations reflected in these forward looking
statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results
will be consistent with these forward-looking statement. Important
factors that could cause actual results to differ from these
forward-looking statements include the potential that fluctuations
in the marketplace for the sale of minerals, the inability to
implement corporate strategies, the ability to obtain financing and
other risks disclosed in our filings made with Canadian Securities
Regulators.
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Benoit Moreaubmoreau@goldstarminerals.com(514) 591-8058
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