www.weststarresources.com
Weststar Resources Corp. (WER: TSX-V) is a mineral exploration company focused on discovering and advancing mineral properties with known historical resources . By utilizing modern geological science to evaluate historical known discoveries and deposits, Weststar offers the potential for rapid corporate growth and asset appreciation. Weststar's portfolio is currently focused in Canada and is primarily invested in coal and copper-gold properties.
WestStar identifies several drill targets in first phase work at La Paloma
WestStar (CVE:WER) has identified several drill targets after finishing its phase one exploration program on the La Paloma property in Mexico, the company announced Wednesday.
The property rests 70 kilometres west of the city of Guadalajara in the State of Jalisco, Mexico. The property lies at the southern end of the Sierra Madre Occidental physiographic province – which is known for gold and silver mineralization and mining.
The work program included geological mapping, reading 16 line kilometres of ground-based magnetics, and a collection of 1,028 samples from the property.
The samples were made up of 193 rock chip samples, 660 soil samples and 175 stream samples. All samples will be integrated into a 3-D model for the property.
The impetus for phase-one exploration was to verify historical data and to define drill targets for second phase work on the acreage.
Assays from the first phase campaign, which are still pending, will provide the final information needed to refine and plan the upcoming drill program, the company said in a statement.
"WestStar is pleased the first phase of work has identified numerous drill targets on the La Paloma property," president Mitchell Adam said in a release.
WestStar plans on drilling structures hosting historical non-NI 43-101 compliant gold and silver resources, to expand these structures along strike and at depth.
Mineralization appears to strike for approximately 1,300 metres and run through three mountains on the property. Drilling and additional work will be conducted to prove the full strike length of the mineralized zones, it added.
The aim of the entire program is to define a maiden NI 43-101 compliant gold and silver resource for the property.
Of particular interest, the company found a second parallel zone and drill target that lies 195 metres northeast of the primary zone, and of which there are no reports documenting historical mining. This second parallel zone, named the Eastern structure, is located approximately 195 metres northeast of the Primary structure.
"A bonus was recognizing a second parallel zone to integrate into our upcoming drill program on the property," added Adam.
The company said it plans to examine the relationship between the primary and eastern structures.
WestStar also said that a local Mexican company, Minera Sierra de Oro, has sampled the Eastern structure for gold and silver, with the non NI 43-101 compliant sampling revealing gold grades ranging from 0.20 to 12.0 grams per tonne (g/t) gold and 10.0 to 321.0 g/t silver.
WestStar, headquartered in Vancouver, gained 5 cents, or 11.90 percent, to reach 47 cents a share on Toronto’s junior stock exchange.
