PROACTIVE COVERS WER
Weststar Resources Commences Drilling at Tobin Lake Coal Prospect
by Sam Kiri
When many junior mining companies shy away from development work due to financial constraints it is always refreshing to notice companies embarking on drilling programmes. In addition to underlying the management’s longer tern view on their projects, continued development endeavours indicate the management’s intent to add shareholder value. Since the acquisition of the Company's 100% owned Tobin Lake "18 Meter" property, Canadian Venture and Frankfurt listed (TSX-V: WER, Frankfurt: HN3), Weststar Resources Corp has not diverted its efforts to develop the property.
Located approximately 70 kilometres northwest of the coal discovery of Goldsource Mines Inc., near the community of Hudson Bay, Sask., Tobin Lake "18 Meter" property comprises 72 coal permit applications. These applications encompass approximately 138,240 acres or 55,944 hectares. The property is underlain by sandstones and shales of the Cretaceous-aged Mannville Group. During a 1994 exploration program, conducted by Consolidated Pine Channel Gold Corporation, drilling intersected an approximately 18.84-metre-thick coal interval between 47.70 metres and 66.54-metre depth.
Having secured drill permits in February 2009, Weststar has just commenced the Phase 1 drill programme on Tobin Lake "18 Meter" property. The drill permits allow for the drilling of a total of 20 - 25 holes, and carries an expiry date of April 30, 2010. The Company plans to initiate an abbreviated first phase of drilling to consist of 5 to 8 holes from 50 to 100 meters in depth. This drill plan is designed to both 'twin' and validate the discovery hole drilled in 1994 identifying the 62 foot coal zone, including the 25 foot continuous coal seam at 156 to 181 feet. It is also expected to locate direction and limits of the coal seam to design a drill plan for a second phase.
Weststar is going about its drill programme the smart way and is planning to start from the historical drill log. Initial drilling will consist of a single hole to twin hole TL02-02, while subsequent holes will be spotted to the south and west. Meanwhile, Weststar is well financed following its private placements over the last few months.
If readers wonder, Weststar is not a “one trick pony”. In fact the company has two other properties, namely, Nunavut Coal property and Axe property. The Nunavut Coal property entails six Coal Exploration Licence applications, located on the Bache Peninsula, Ellesmere Island, Nunavut Territory. The Axe property follows an agreement with Bearclaw Capital Corp. whereby Weststar could earn a 66% interest in the Axe Project, an advanced stage project with a known porphyry copper resource. The property consists of 21 mineral claims (119 claim units), located in the Similkameen Mining Division, 20 km north of Princeton, British Columbia.
We contacted the management of Weststar and we expect a continuous news flow from the company. We will be covering the news as the drill programme unfolds.
About Weststar Resources Corp.
Weststar is a mineral exploration company focused on discovering and advancing mineral properties by utilizing modern geological science to evaluate historical known discoveries. Weststar's portfolio is currently focused in Canada and is primarily invested in coal properties with known historical coal discoveries. The Company's Saskatchewan Tobin Lake 18 Meter coal property is currently the main focus of exploration activity.