Weststar retains Discovery Geophysics to conduct IP survay on the La Paloma Property
(firmenpresse) -
Weststar retains Discovery Geophysics to conduct IP survay on the La Paloma Property
Vancouver, BC – November 22, 2011: WestStar Resources Corp. (TSX-V: WER) (the “Company”, “WestStar”) has retained Discovery International Geophysics (“Discovery”) based in Saskatoon, Saskatchewan to conduct an induced polarity (“IP”) survey on its La Paloma property (the “Property”). The Property is located approximately 70 kilometers west of the city of Guadalajara in the State of Jalisco, Mexico. The Property lies at the very southern end of the Sierra Madre Occidental physiographic province which is well known for gold and silver mineralization and mining. WestStar decided to conduct the IP survey due to a successful first phase work program that was completed by APEX Geoscience Ltd. (“APEX”) as recommended by Snowden Industry Mining Consultants Ltd. (“Snowden”). The IP survey will cover all the primary known mineralized structures on the property including all areas with Historical Non 43-101 Compliant gold and silver resources. The primary goal of WestStar will be to work the Property and to define a compliant gold and silver resource in the future.
The Company wants to gather as much information as possible on the Property in order to plan the drill program. The IP survey along with the completed magnetic survey, soil, stream and rock sampling will be used to select targets for drilling. WestStar anticipates the IP survey will commence in late November and be completed in early December.
Mitchell Adam, President, states “WestStar was very encouraged by the first phase of work and has decided to conduct an IP survey on the property as soon as possible. It is the goal of the Company to gather as much information as possible in order to drill the property as efficiently as possible. IP will greatly enhance our target selection.”
Details of the IP survey on the La Paloma property
Lines already cut from the recently completed ground magnetic survey will be used. These lines are spaced 100 metres apart. Initially Discovery will conduct the IP survey at 200 metre spacing on six (6) lines totaling approximately 4.8 line kilometres. Depending on the results of the 200 metre spacing, WestStar may choose to do infill IP readings at 100 metre spacing on another six (6) lines for another 4.8 line kilometers for a total of approximately 9.6 line kilometres. Readings will be taken at 25 metre intervals along these lines. An IRIS Elect-Pro 10-channel receiver will be used for data acquisition. Transmitter instrumentation will consist of a GDD 7.2 kW system, but more importantly a high voltage output of 4800V to improve current injection in areas of high contact resistance. When the survey is completed Discovery will complete an interpretative report on the survey.
History of the La Paloma Property
The Property was, at one time, owned by Penoles who relinquished it in 1980. In 1983 and 1984 the Consejo de Recursos Minerales (“CRM”), a government agency, drained and entered the northern end of the main tunnel of the Veta Ancha workings and sampled an exploration drift approximately 100 metres from the 1928 planned mining to the northwest. Based on this work CRM reported a “potential reserve” of 750,000 tonnes grading 4.19 g/t Au and 123 g/t Ag from the CRM. This estimate must be considered a historical resource and does not meet the National Instrument 43-101 definitions for a resource or reserve as stated in sections 1.2 and 1.3. There has been no opportunity to verify either the grade or size of the reported “reserve” and therefore the estimate cannot be considered to comply with NI 43-101. At this time, Snowden has not completed sufficient work to classify the historical reserve estimate as either a current mineral resource or mineral reserve. The Company is not treating the historical estimate as a current mineral resource or mineral reserve as defined in NI 43-101, and therefore the historical estimate should not be relied upon.
About Discovery
Discovery is a privately owned geological consulting company based in Saskatoon, Saskatchewan, Canada, and has been in business for approximately 15 years. Discovery has offices in Saskatoon, Saskatchewan, Vancouver, British Columbia, St. John’s, Newfoundland and Guangzhou, China. Discovery and its senior geophysical staff have extensive experience conducting and managing geophysical exploration programs to a variety of companies in the mining industry.
About APEX
APEX is a privately owned geological consulting company based in Edmonton, Alberta, Canada, and has been in business for approximately 20 years. APEX currently has offices in Edmonton, Alberta, Vancouver, British Columbia and Perth, Western Australia. APEX currently employs approximately 50 geologists, technologists and support staff on a full-time basis and employs up to 100 people on a seasonal basis. APEX and its senior geological staff have extensive experience conducting and managing exploration ranging from reconnaissance stage to 30,000 m feasibility stage diamond drilling programs in isolated conditions throughout North America, Australia, Africa, Asia, South and Central America.
Qualified Person
This technical content of this press release has been reviewed and accepted by Thomas Clarke, Pr.Sci.Nat., and a Director of the Company. Mr. Clarke is a Qualified Person under NI 43-101.
For further info on the Company please visit www.weststarresources.com or email info(at)weststarresources.com Telephone: 604-678-5308.
On Behalf of the Board
Mitchell Adam, President
WestStar Resources Corp.
For further information contact:
www.weststarresources.com
Tel: (604) 678-5308
Fax: (604) 678-5309
Toll Free: 1-855-678-5308
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Please refer to news release issued by the Company on August 17, 2011 for the Terms of the option agreement executed to earn an interest in La Paloma. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.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.
Leseranfragen:
Weststar Resources Corp.
Suite 1128 - 789 West Pender Street
Vancouver, B.C.
Canada V6C 1H2
Tel: 604 669 9330
Fax: 604 669 9335
Toll-free: 1 866 669 9377
Email: info(at)weststarresources.com
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Datum: 23.11.2011 - 10:16 Uhr
Sprache: Deutsch
News-ID 90508
Anzahl Zeichen: 7754
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