!!! News !!! v.WER buys claims adjacent to Zenyatta
Weststar buys 19 claims beside Zenyatta
2013-07-16 05:20 PT - News Release
Mr. Will Rascan reports
WESTSTAR RESOURCES ACQUIRES GROUND CONTIGUOUS TO ZENYATTA, BROOKEMONT CAPITAL AND CAVAN VENTURES, ONTARIO
Weststar Resources Corp. has acquired 100-per-cent interest in 19 mineral claims, covering approximately 304 hectares, located within the Porcupine district of Central Ontario, contiguous to the southeast side of Zenyatta Ventures Ltd.'s Albany (vein-type) graphite deposit discovery and contiguous to the west of Brookemont Ventures Inc. and Cavan Ventures Inc.
Zenyatta is developing the Albany graphite deposit, one of the world's largest hydrothermal (high-purity) graphite deposits. Its news release on July 2, 2013, "Drilling intersects Wide Zones of Graphite Mineralization on East Pipe," reported results as follows, "hole 12 yielded 146.0 metres at 5.2 per cent Cg, hole 13 yielded 177.0 metres at 5.3 per cent Cg, hole 14 yielded 186.0 metres at 4.9 per cent Cg, hole 15 yielded 125.0 metres at 4.6 Cg."
In consideration for the property, the company shall make a cash payment of $15,000 and issue 2.75 million common shares in the capital of the company to arm's-length vendors. This agreement is subject to approval of the TSX Venture Exchange. Finders' fees may be payable subject to exchange guidelines.
We seek Safe Harbor.