Canstar Engages Barry Greene as Exploration Manager
01 Dezembro 2011 - 11:19AM
Marketwired
The directors of Canstar Resources Inc. (TSX VENTURE:ROX) are
pleased to announce that the Company has engaged Mr. Barry Greene
B.Sc., as Exploration Manager. Barry will focus on exploration on
the Mary March property in the Buchans area of Newfoundland and
Labrador.
Barry is a very experienced exploration geologist with Canadian
and International experience and has first hand knowledge of the
geology of the Buchans Group rocks, which are the host rocks to the
Buchans VMS deposits and the Mary March property. Canstar will be
opening an exploration office in Grand Falls-Windsor from which
Barry will operate. Grand Falls-Windsor is the regional business
and service center for central Newfoundland and is less than a one
hour drive to the Mary March property.
Canstar is planning to resume exploration on the Mary March and
adjacent properties as soon as feasible in the New Year. This
follows a long standing legal dispute on the property which was
recently settled with reinstatement of title to Canstar and
Xstrata. Exploration will consist of drilling and an airborne
geophysical survey to define other additional targets
Previous drilling that occurred on the property in 1999 - 2000,
produced some of the highest grade mineralization in the Buchans
area outside the Buchans Mine, including 10.33% zinc, 1.62% lead,
0.66% copper, 118 grams/ton silver and 4.11 grams/ton gold over
9.23 metres.
The directors are most appreciative of shareholder support
during the past years. We look forward with enthusiasm to the
upcoming exploration program.
On behalf of the Board of Directors
Harry J. Hodge, P. Eng., Chairman
This News Release includes certain "forward-looking statements".
All statements other than statements of historical fact, included
in this release, including, without limitation, statements
regarding potential mineralization and reserves, exploration
results and future plans and objectives of Canstar, are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from Canstar's expectations are exploration risks
detailed herein and from time to time in the filings made by
Canstar with securities regulators.
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. No stock exchange, securities commission
or other regulatory authority has approved or disapproved the
information contained herein.
Contacts: Canstar Resources Inc. Harry J. Hodge, P. Eng.
Chairman 416-363-4376 416-367-1954 (FAX)hjhodge@geocanex.com
Canstar Resources Inc. Karen Willoughby Manager, Corporate Affairs
1-866-936-6766kwilloughby@canstarresources.comwww.canstarresources.com
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