Feb 4 2014
Goldstar Minerals inc. (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
Source: http://goldstarminerals.com/