(TheNewswire)
Vancouver, BC - TheNewswire - November 15,2023 - Western Star Resources Inc (CSE:WSR)is pleased to announce that it has Drill permits in place until July 05, 2026, for the Western Star Property and have paid a $21,000 Bond.
Western Star Property
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Revelstoke - Mining District, British Columbia
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2,700 ha (27 Km2) - District Scale
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100% Owned and permitted
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CRD – Carbonate Replacement Deposit; precious metals rich
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over 6.2 km Mineralized strike length
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limited results to date, by surficial prospecting in well exposed areas
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246.76 g/t silver, 1 to 50.1% lead, 8.22 g/t Au, 3.68% Cu - High Grade Samples
Blake Morgan, CEO of Western Star states, “Drill permits are secured. With the recent announcement of $5,000,000 Institutional financing, the team here at Western Star are gearing up for multiple aggressive drill programs. We will continue to crunch the data and have some more news regarding these assets and drill targets coming shortly”.
The Western Star Property hosts twelve MINFILE showings: Black Bear, Lardeau-Goldsmith, Hunter, Wide West, Goodenough, Kitsap, Banner, Daffodil, Royal, Morning Star, Lexington, and Alma.
The Alma showing consists of intermittent occurrences of massive bands, streaks and lenses of galena-sphalerite in crosscutting quartz-carbonate veins within siderite alteration zones.
The Kitsap showing along the northwest trending ridge, early prospectors/miners, have pitted and drifted on the Kitsap showing. Limestone hosting galena-sphalerite mineralization is encountered. Sericite alteration zone of phyllite is approximately 4 m to the west of contact with limestone, and nearly 30 m wide on the eastern contact with limestone.
observed, nor anomalous vein hosted.
The Lardeau-Goldsmith showing is reported to have high silver values a 15-metre adit was driven in 1899. It is inferred that mineralization is similar to nearby showings consisting of pyrite, galena and sphalerite.
At the Lexington showing a 3.6-metre-wide quartz vein contains 1.5 metres of massive galena in the footwall which assayed high silver values. Mineralization in a series of occurrences along strike to the southeast consists of intermittent lenses of galena-sphalerite in crosscutting fractures and quartz-carbonate veins within siderite or ankerite alteration zones
The Morning Star contains numerous quartz and calcite stringers is a vein 2.1 metres wide striking 310 to 320 degrees, dipping 62 to 75 degrees east. The vein has been traced by numerous open cuts and trenches. A crosscut adit was begun in 1914 to cut the vein at a vertical depth of 9 metres and reached 21 metres length.
Banner Showing is 32-metre adit in 1900 with the object of cutting the vein at depth. Mineralization consists of intermittent lenses of galena-sphalerite in crosscutting fractures and quartz-carbonate veins within siderite or ankerite alteration zones.
The Black Bear showing consists of massive pyrite with minor galena-sphalerite in quartz gangue. Float in a boulder train is of siliceous pyritic dolomite with disseminated magnetite and traces of galena and sphalerite. In 1896, a shaft was sunk 3 metres deep.
The mineralization at the Royal showing consists of galena in two parallel quartz veins. Mineralization in a series of occurrences along strike to the southeast consists of intermittent lenses of galena-sphalerite in crosscutting fractures and quartz-carbonate veins within siderite or ankerite alteration zones.
The mineralization at the Daffodil showing is similar to the Royal showing where galena is in two parallel quartz veins. Mineralization in a series of occurrences along strike to the southeast intermittent lenses of galena-sphalerite in crosscutting fractures and quartz-carbonate veins within siderite or ankerite alteration zones.
The Goodenough showing. Mineralization consists of galena-sphalerite-(chalcopyrite) in concordant to irregular quartz-chlorite veins in shears at the limestone-phyllite contact and in fractured and/or brecciated ankeritic limestone over a strike length of 160 metres
The Hunter-Trapper showing consists of intermittent disseminated to massive galena-sphalerite in a brecciated quartz-siderite-chlorite vein at the limestone contact with phyllite. A chip sample across a 1-metre-wide quartz-siderite pod with massive to scattered sphalerite-galena analysed greater than 102.8 g/t silver, 3.08 % lead and 4.38 % zinc.
The Wide West Showing is massive to disseminated bands and stringers of galena, sphalerite, and pyrite with minor chalcopyrite form pods in a series of 0.5- to 3m in width stratabound lenses within limestone beds, typically forming at contacts with sericite altered phyllite.
Derrick Strickland, P. Geo (1000315), a shareholder, and a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.
Additional Information
Additional information about the Company and the Transaction is available on SEDAR at www.sedar.com under the Company's profile. The summary of the Transaction set out above is qualified in its entirety by reference to the description of the Transaction in the Company's filing statement posted on SEDAR.
"Western Star Resources is a mineral exploration and development company. The company's objective is to increase shareholder value through the development of exploration properties using cost-effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders. The company currently owns nine non-surveyed contiguous mineral claims totalling 2,797 hectares, which are located within the Revelstoke mining division of British Columbia. The Western Star property group is located approximately 50 kilometres southeast of Revelstoke, B.C., and roughly 10 kilometres north of the abandoned community of Camborne. Access to the Camborne area is via paved highway from either Revelstoke or Nakusp. Access to the property area is best via helicopter from Revelstoke or Nakusp."
Contact Information:
Blake Morgan
CEO and Director
blake@acvc.vc
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
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