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Goldstar Minerals Inc.

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Summary

Project:

Lake George

Deposit:Lake George
Location:Canada
Commodities:Gold-Tungsten
Date:1/27/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-1-2020: Goldstar Minerals Inc. announces an Exploration/Drilling Update report for its Lake George deposit at the Lake George project. Drilling results incl. 3m @ 0.39g/t Au and 71m @ 0.15% WO3. Montréal, Québec – January 27, 2020 – Goldstar Minerals I
Resources:x
CP/QP:[Overall Report]: Benoit Moreau (Internal)
ABSTRACT:Montréal, Québec – January 27, 2020 – Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) is pleased to announce that it has received and compiled drilling results from the last three (3) holes of its third phase diamond drilling program completed last October on its Lake George Property, located in New Brunswick, Canada. Partial results from the first seven (7) holes were disclosed in our press release dated November 29, 2019. Potential Intrusion-Related Gold System (“IRGS”) environment, suggesting the presence of granodiorite intrusions nearby Hole LG-19-07 encountered a 150 metre wide zone that had anomalous gold, copper, bismuth and tellurium within metasediments. Although no granodiorite was intersected, these results suggest that an intrusion could be present nearby. Hole LG-19-08, which is located 500 metres northwest of hole LG-19-07, intersected an 8.3 metre wide granodiorite dyke. Although barren, this dyke is altered and mineralized with disseminated sulfides throughout the 8.3 metre interval. Both holes LG-19-07 and LG-19-08 suggest that a granodiorite intrusion may be located nearby, thus requiring additional diamond drilling. No granodiorite was intersected in the other holes.

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