Published:
Gold Star Receives Priority Status for Coal Applications Bordering West Star's 18M Drill Hole
Gold Star Resources Corp. (the "Company")
(TSX-V: GXX) is pleased to announce it has received confirmation of
priority status from the Saskatchewan Ministry of Energy and Resources
regarding 18,432 additional hectares of its recent coal permit
applications. The area classified as "priority status" represents two of
the three sections of land applied for (see NR dated June 10, 2008). Gold
Star purchased a 100% interest in a number of Coal Dispositions located on
the east side of the Pasquia Hills of East-Central Saskatchewan.
Of the two land sections under priority status, the northeastern section is
located immediately southwest and adjoining the property recently announced
by Weststar Resources Corp. (TSX-V: WER). In their news release dated June
23, 2008 Weststar reported their property contained an 18.84 meter
intercept of coal in a historic drill hole made in 1994.
The Coal Disposition Applications purchased by Gold Star are located
approximately 80 kilometers northwest of the recently announced coal
discovery by Goldsource Mines Inc., north of Hudson Bay, Sask. Goldsource
Mines Inc. (see Goldsource News Release May 5th, 2008) announced the
results from 47 coal samples submitted from the Saskatchewan coal
intercepts for two core holes representing 26 meters and 32.5 meters
respectively of coal seam, including 22.6 meters of continuous coal in each
hole. The coal was reportedly intercepted starting 80 meters below the
surface.
The Company is a mineral exploration company based in Vancouver, British
Columbia.
On Behalf of the Board,
"Patrick Morris"
Patrick Morris, President and CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Energy and Utilities:Coal, ManufacturingandProduction:MiningandMetals, ,BC,VANCOUVER, BC
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