International Star Begins Assimilating New Data; Prepares For Financing Presentations
August 25 2015 - 10:25AM
Access Wire
WILTON, CT / ACCESSWIRE / August 25, 2015 /
International Star, Inc. ("ILST") (PINKSHEETS: ILST) is pleased to
announce the Company has commenced vetting and is assimilating the
data from the recent site visit to the Van Deemen. Confirmation of
new drill hole data leads Management to believe that the existing
historical reserve will be substantially expanded. Once this
process is completed, a new SEC Guide 7 compliant Technical Report
will be issued.
Given the new data, the slight uptick in gold prices due to
world market volatility and near and long term need for funding,
Management, led by CEO Michael Shea, is finalizing the Company's
financing presentation and setting appointments.
Comments International Star's CEO, Mike Shea, "The sell-off in
the world equity markets, with today's correction has created
enough uncertainty that analysts/investors are revisiting gold as
an investment. These recent events have created a further opening
of interest in International Star's near term production gold
project. The funding market remains tight, but a few calls left
unanswered over the last month, are starting to be returned."
About International Star:
(www.ilstholdings.com)
International Star is a junior mining Company with claims in the
Black Mountains of NW Arizona. Its primary focus is to bring the
Van Deemen gold project into production thereby generating cash
flow to enable growth and sustainability.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to: the impact of economic, competitive and
other factors affecting the Company and its operations, markets,
product, and distributor performance.
CONTACT:
Michael Shea
International Star, Inc.
Phone: (203) 210-5614
Email: Mshea@ilstholdings.com
www.ilstholdings.com
SOURCE: International Star, Inc.
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