Goldstar Minerals Inc. is pleased to announce that its third phase diamond drill program began with the mobilization of equipment and personnel on August 7, 2019. The contractor is currently drilling the first hole and the Corporation expects to receive its first core very shortly. Goldstar is searching for the source of numerous gold samples found at surface during previous exploration. The Corporation has awarded the [...]
Goldstar Minerals Inc. is pleased to announce that the permitting is now complete with respect to the upcoming drilling program on its Lake George Property, located in New Brunswick, Canada. The Corporation expects to begin in early August its third phase diamond drill program which is intended to search for the source of numerous gold samples found at surface during previous exploration. Goldstar plans a 2,500 metre [...]
Goldstar Minerals is pleased to announce that it has completed the second tranche of its previously announced non-brokered private placement by issuing 800,000 additional units and 2,500,000 additional flow-through shares, both at $0.05 each, for aggregate gross proceeds of $165,000. The Corporation has raised aggregate gross proceeds of $655,000 under this financing. Each Unit consists of one common share in the capital [...]
Goldstar Minerals is pleased to announce that it has completed the first tranche of a $1M non-brokered private placement by issuing 6,200,000 units and 3,600,000 flow-through shares, both at $0.05 each, for aggregate gross proceeds of $490,000. Each Unit consists of one common share in the capital of the Corporation and one transferable common share purchase warrant. Each Warrant entitles the holder thereof to purchase [...]
Goldstar Minerals Inc. is pleased to announce the offering, on a non-brokered private placement basis, of units and/or flow-through common shares . Both the Units and the Flow-Through Shares will be issued at a price of $0.05, each security being offered separately. The maximum gross proceeds to be raised under this private placement offering is $1,000,000. Each Unit will be comprised of one common share in the capital of [...]
Goldstar Minerals Inc. is pleased to announce that the permitting process is now underway. Among other things, the Corporation will soon consult all private landowners that may be involved with the upcoming drilling program on its Lake George Property, located in New Brunswick, Canada. Goldstar expects to begin its third phase diamond drill program once permitting is completed, focusing its efforts on 5 magnetic anomalies [...]
MONTRÉAL, May 08, 2019 -- Goldstar Minerals Inc. is pleased to provide an update on the ongoing preparation work for its third phase diamond drill program that is expected to begin this July 2019 at its Lake George project. The program is intended to search for the source of numerous gold samples found at surface during the previous campaigns. Potential granodiorite intrusions outlined, suggesting the presence of [...]
Goldstar Minerals Inc. is pleased to provide an update on the ongoing compilation of historical data for its Lake George project. Gold-bearing flat veins identified next to the granodiorite intrusion at the former mine. During the development of the former antimony mine in the early 80’s, a granodiorite intrusion was intersected, and its apex was located at 325 metres below the surface. At the periphery of this [...]
Goldstar Minerals Inc. is pleased to announce assay results from its trenching program at its Lake George Property, located in New Brunswick, Canada. It consisted of 2 trenches totaling 97 metres that roughly define an area of 2,500 m2, outlining the surface expression of the Arabica tungsten zone. Based on recent drilling results completed in 2018, where 0.08% WO3 over 32 metres was assayed, Goldstar now believes that the Arabica tungsten zone remains open to the west and the northwest. Highlights of the trenching program are detailed in the following table: Trench number Interval* Tungsten T-17-10 57.5 0.17 T-17-29 39.5 0.14 * Reported trench intervals are not true widths. At this time there is insufficient data with respect to the mineralization to evaluate true or... [...]
Goldstar Minerals Inc. is pleased to announce that it has updated its corporate presentation outlining the current exploration strategy. The field work done and review of government work has confirmed the presence of intrusion related gold systems in the project area. Detailed airborne geophysical data acquired in 2016 by the Corporation outlined prominent structural features that could represent buried intrusions. Five [...]
Goldstar Minerals Inc. is pleased to announce that it has received assay results from its second phase diamond drilling program at its Lake George Property, located in New Brunswick, Canada. It consisted of 12 holes totaling 2,480 metres aimed to test gold occurrence found at surface , the Arabica tungsten zone outlined by trenching in 2017 and gravity anomalies defined in early 2018 as well as strong IP anomalies from [...]
MONTRÉAL, Jan. 21, 2019 -- Goldstar Minerals Inc. is pleased to announce that it has completed a non-brokered private placement of 2,800,000 units at $0.05 per unit for gross proceeds of $140,000. Each unit consists of one common share of the Corporation and one common share purchase warrant , each Warrant entitling the holder thereof to purchase one Common Share at a price of $0.05 until July 20, 2020. The Common [...]
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