Montréal, Québec – December 15, 2016 – Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V:GDM) is pleased to announce that its first phase diamond drill program was completed today with the demobilization of equipment and personnel currently under way. The Corporation drilled 11 holes totaling 2,580 metres.
Goldstar is focused on developing deposits that contain technology metals such as high-value tungsten, tellurium, antimony, tin and bismuth, in leading mining jurisdictions in Canada.
The Corporation expects to release its first drilling results by mid-January 2017.
Benoit Moreau, President and CEO of Goldstar comments: “The Corporation is very pleased to complete its first phase diamond drilling program and looks forward to receiving the assay results.”
The technical information contained in this news release has been reviewed and approved by Benoit Moreau, P.Eng., CEO and director of the company. Mr. Moreau is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
For further information, please contact:
President and Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.