Gold Star Receives Priority Status for Coal Applications Bordering West Star's 18M Drill Hole
July 03 2008 - 8:56AM
Marketwired
VANCOUVER, BC (TSX-V: GXX) is pleased to announce it has
received confirmation of priority status from the Saskatchewan
Ministry of Energy and Resources regarding 18,432 additional
hectares of its recent coal permit applications. The area
classified as "priority status" represents two of the three
sections of land applied for (see NR dated June 10, 2008). Gold
Star purchased a 100% interest in a number of Coal Dispositions
located on the east side of the Pasquia Hills of East-Central
Saskatchewan.
Of the two land sections under priority status, the northeastern
section is located immediately southwest and adjoining the property
recently announced by Weststar Resources Corp. (TSX-V: WER). In
their news release dated June 23, 2008 Weststar reported their
property contained an 18.84 meter intercept of coal in a historic
drill hole made in 1994.
The Coal Disposition Applications purchased by Gold Star are
located approximately 80 kilometers northwest of the recently
announced coal discovery by Goldsource Mines Inc., north of Hudson
Bay, Sask. Goldsource Mines Inc. (see Goldsource News Release May
5th, 2008) announced the results from 47 coal samples submitted
from the Saskatchewan coal intercepts for two core holes
representing 26 meters and 32.5 meters respectively of coal seam,
including 22.6 meters of continuous coal in each hole. The coal was
reportedly intercepted starting 80 meters below the surface.
The Company is a mineral exploration company based in Vancouver,
British Columbia.
On Behalf of the Board,
"Patrick Morris"
Patrick Morris, President and CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information, contact: Patrick Morris President and
CEO Telephone: (604) 641-4450 Facsimile: (604) 669-9335
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