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Goldstar Minerals Inc.
Summary
| Project: | Lake George | |
|---|---|---|
| Deposit: | Lake George | |
| Location: | Canada | |
| Commodities: | Gold-Tungsten | |
| Date: | 3/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-3-2017: Goldstar Minerals Inc. announces an Exploration/Drilling Update report for its Lake George deposit at the Lake George project. Drilling results incl. 245m @ 0.102% WO3 from 159m. Goldstar Minerals Inc. (“Goldstar” or the “Company”) (TSX-V: GDM) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Benoit Moreau (Internal) | |
| ABSTRACT: | Goldstar Minerals Inc. (“Goldstar” or the “Company”) (TSX-V: GDM) is pleased to announce the discovery of a new tungsten mineralized zone from the 2016 fall drill program, on its Lake George Property in New Brunswick. The new discovery returned an intersection of 245 metres grading 0.102% WO3 from drill hole LG-16-03. This includes an intersection of 55.5 metres grading 0.146% WO3 and another intersection of 84 metres grading 0.140% WO3. The new discovery is located almost immediately west of historical hole #81-26 in an area of the property that has largely been untested for tungsten. “This new discovery further broadens the footprint of the tungsten mineralization and opens up exciting new opportunities on exploration further west and along a major NW structure said Benoit Moreau, President and CEO of Goldstar. “Combined with encouraging gold results associated to the newly defined zones including the Coyote zone (please see press release dated February 9, 2017) and today’s positive tungsten results from drill hole LG-16-03 the scope of the opportunity at Lake George has taken a major step forward over the last few months. We are presently completing surface geophysics which will guide our trenching efforts. We are excited to follow up this new information in the area of drill hole LG-16-03 and beginning a second drill program later in 2017.” | |
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