Western Star Resources Inc Announces high priority Untested Drill Targets on the Mount Anderson Property
Vancouver, BC - TheNewswire - November 8th, 2023 - Western Star Resources Inc (CSE:WSR). Has commenced an initial review of the Mount Anderson Property data in the Yukon. The preliminary review has indicated initially there are two major areas of interest, Adanac zone and south of the Fleming skarn target.
The strongest target to date on the property consists of a continuous and east-trending zone of rock and soil gold anomalism that prevails for a strike length of ~ 1.5 km. The gold zone starts ~500 m west of the 47 zone, continues east along strike to the Adanac zone. Additionally, gold in soil and rock anomalism is spatially coincident with a significant arcuate-shaped magnetic low that likely corresponds to magnetic destruction in the host Mt Anderson intrusion due to faulting. This is a considerable anomaly that has never been drill tested, nor has the full extent of mineralization been defined. Sample results from a 15m by 0.9-metre pit averaged 62.2 g/t Au and 171.1 g/t Ag
Fleming Skarn Target
A second untested but high potential target occurs south of the Fleming skarn target where coincident As-Sb-Cu soil anomalism located in close proximity to the contact with the Cretaceous intrusion spatially correlates to both an arcuate linear magnetic low and an historic VLF/EM conductor.
In addition, several reconnaissance targets have been identified that have seen little to no surface exploration work. These targets are located along connecting structures within the regional northwest-north, northwest trending dextral fault system.
Historical recommendations of untested drill targets include the following:
A series of short holes, drill test several strong nodes in soil gold-silver anomaly C which were not trenched by past explorers.
Drill test gold-silver MMI anomaly F near where the magnetically-inferred Becker Creek fault displaces the magnetic low along which occur anomalies B, C and F and the known sulphide-quartz vein systems.
Drill test antimony-lead-arsenic anomaly E in a marshy area south of the Fleming skarn zones.
Blake Morgan, the CEO of Western Star, stated “The Mount Anderson story just keeps getting better and better. With multiple drill ready targets sitting on known high-grade zones. The plan is simple, drill test these high-grade areas. With the recent news regarding $5,000,000 in institutional financing the Company is poised to aggressively develop its assets in such tough markets. The company will also have some news regarding drilling on the Western Star project coming soon.”.
The Mt Anderson Property consists of 163 contiguous quartz claims covering 30km2 approximately 60 km south of Whitehorse. The Property is underlain by two intrusive bodies including the Early Jurassic Bennett Granite and the Early-mid Cretaceous Whitehorse Intrusive suite. The latter is referred to as the Mount Anderson Intrusion. Several roof pendants of Nisling Assemblage metasedimentary rocks (Snowcap Group), including quartzites and calcareous meta-clastics, outcrop over a significant area of the NE portion of the Property.
Derrick Strickland, P. Geo (1000315), a shareholder, and a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.
Additional information about the Company and the Transaction is available on SEDAR at www.sedar.com under the Company's profile. The summary of the Transaction set out above is qualified in its entirety by reference to the description of the Transaction in the Company's filing statement posted on SEDAR.
"Western Star Resources Inc. is a mineral exploration and development company. The company's objective is to increase shareholder value through the development of exploration properties using cost-effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders. The company currently owns nine non-surveyed contiguous mineral claims totalling 2,797 hectares, which are located within the Revelstoke mining division of British Columbia. The Western Star property group is located approximately 50 kilometres southeast of Revelstoke, B.C., and roughly 10 kilometres north of the abandoned community of Camborne. Access to the Camborne area is via paved highway from either Revelstoke or Nakusp. Access to the property area is best via helicopter from Revelstoke or Nakusp."
Blake Morgan, CEO and Director
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.