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Desert Star Signs LOI to Acquire the Iron Butte Oxide Gold-Silver Project, Nevada
Mar. 06, 2017 09:27AM PST
Precious MetalsDesert Star Resources (TSXV:DSR) (“Desert Star” or the “Company”) is pleased to announce that it has entered into a Letter of Intent whereby it can earn 100% interest in the Iron Butte oxide gold-silver project located in Ladner County, north-central Nevada, approximately 60 kilometres south of Battle Mountain. Access and infrastructure to the project is …
Desert Star Resources (TSXV:DSR) (“Desert Star” or the “Company”) is pleased to announce that it has entered into a Letter of Intent whereby it can earn 100% interest in the Iron Butte oxide gold-silver project located in Ladner County, north-central Nevada, approximately 60 kilometres south of Battle Mountain. Access and infrastructure to the project is excellent with power lines and State maintained roads within 4 kilometres of the property.
As quoted in the press release:
Vince Sorace, President and CEO of Desert Star states, “We see excellent potential to significantly increase the oxide gold-silver mineralization at Iron Butte by drilling south of the Red Ridge mineralized zone as well as the East and South Zones. An additional 3 kilometres of strike, along the same and similar, north-south and east-west structures that host the gold-silver mineralization are currently under-explored with little or no drilling to date.”
