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Goldstar Minerals Acquires Maxima’s Tungsten Claims

Investing News Network
Aug. 15, 2012 03:11PM PST
Company News

Goldstar Minerals Inc. (TSXV:GDM) announced it has entered into a purchase and sale agreement with Resources Maxima Inc. to acquire 64 tungsten claims.

Goldstar Minerals Inc. (TSXV:GDM) announced it has entered into a purchase and sale agreement with Resources Maxima Inc. to acquire 64 tungsten claims.

As quoted in the press release:

These claims are contiguous to the Brockaby Property, and upon completion of the acquisition, the Company will maintain a 100% interest in approximately 203 mineral claims comprising 11,150 hectares. The Brockaby Tungsten Property is located roughly 75 km northeast of the town of Mont-Laurier, Quebec and access is excellent through a network of logging roads. The property is underlain by marble and paragneiss sequences in contact with late stage and small size granite intrusions, favourable for skarn-type mineralizations as reported in 2007 by Suzy Nantel who mapped the area for the Ministère des Ressources naturelles et de la Faune du Québec (“MRNF”). Stream sediment samples collected by the MRNF in the past also yielded many anomalous tungsten values, along the granite – marble contact, again very typical of skarn-type mineralizations. Goldstar Minerals plans a detailed geochemical soil survey and an airborne magnetic survey in the coming weeks in order to define diamond drill targets.

Click here to read the Goldstar Minerals Inc. (TSXV:GDM) press release.  

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