Suche
 
Folgen Sie uns auf:

Goldstar begins a ground gravimetric survey on its Lake George Property in New Brunswick, Canada

05.02.2018  |  GlobeNewswire

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES

MONTREAL, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Goldstar Minerals Inc. (“Goldstar” or the “Company”) (TSX-V:GDM) is pleased to announce that a detailed ground gravimetric survey has commenced on its Lake George Property, located in New Brunswick, Canada. Goldstar is focused on developing deposits that contain gold and high-valued metals such as tin in leading mining jurisdictions in Canada.

Géosig Inc. from Québec City, Québec was commissioned to perform a detailed gravimetric survey consisting of approximately 75 line-kilometers with stations every 50 to 100 metres and lines spaced every 100 metres, covering and comprising 2.0 kilometres of potential strike length covering the Coyote and Waterloo Lake Fault (“WLF”) gold zone areas.

Goldstar will benefit from high precision topographic data associated with the Lidar coverage provided by the government of New Brunswick over Lake George as well as the position of a permanent gravity station less than 6 kilometres from the Property for calibration purposes, allowing very precise corrections of raw data. This additional geophysical survey is aimed to better locate buried intrusions and alteration zones that may be linked to already identified and new potentially gold bearing structures, prior to undertaking the next diamond-drilling program.

Next steps

The Company will integrate the new and detailed gravimetric data to existing surveys and determine the position, orientation and length of the most promising areas for diamond drilling, focusing on the Coyote and the WLF zones. Recall that the WLF zone has been defined at surface over an area 100m x 25m with an average grade of 1.0 g/t Au (see press release 2017/11/30).

Goldstar expects to begin a second diamond drill program at Lake George in March 2018. Access for drilling is excellent all year long and easy logistics are expected.

Benoit Moreau, President and CEO of Goldstar comments: “This new geophysical survey will be performed to transect both the Coyote and WLF gold zones at multiple areas. We are very fortunate to have both the Lidar coverage and the permanent gravity station that will allow the delivery of highly accurate final data. The Company aims to better define the extent of identified gold zones and outline other new promising areas. Goldstar plans to begin its second diamond drilling program at Lake George in March 2018.”
Disclosure

The technical information contained in this news release has been reviewed and approved by Benoit Moreau, P.Eng., CEO and director of the Company. Mr. Moreau is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For more information, please contact:

Benoit Moreau
President and CEO
514-591-8058
bmoreau@goldstarminerals.com

François Perron
Director
416-312-4811
fperron@goldstarminerals.com

Neither 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.

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Green Mining Innovation Inc.
Bergbau
A3EX9K
CA39312G1054
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"