Weststar Completes IP/Resistivity Survey, Plans Diamond Drill Progrm At La Paloma Property, Jalisco, Mexico
02/07/2012 | 08:06am
February 07, 2012
Weststar Completes IP/Resistivity Survey, Plans Diamond Drill
Progrm At La Paloma Property, Jalisco, Mexico
Vancouver, BC - February 7, 2012: WestStar Resources
Corp. (TSX-V: WER) (the "Company",
"WestStar") has completed the previously announced
Induced Polarization/Resistivity ("IP/Resistivity")
survey and has begun planning for the upcoming diamond drill
program on its La Paloma property (the "Property").
The Property is located approximately 70 kilometers west of the
city of Guadalajara in the State of Jalisco, Mexico.
The IP/Resistivity survey at the La Paloma property consisted
of a total of 5.8 line-kilometres (line-km) which were surveyed
along a series of seven lines targeting an 800 metre strike
extent of the Main "Piedra Bola" Vein structure. The
IP survey represents the final stage in WestStar's
"Phase 1" exploration program that included property
wide geologic mapping, the collection of 194 rock grab and rock
channel samples, 656 soil samples and 174 stream sediment
samples. In addition, a total of 20.8 line-km of ground
magnetic survey was completed (
click on the link to view an
exploration map of the work completed by WestStar:
http://www.weststarresources.com/i/maps/LaPalomaExplorationMap.jpg).
WestStar is currently selecting drill targets in preparation
for a 2,000-metre diamond drill program. The drill program will
target the most prospective anomalies within the Main
"Piedra Bola" Vein structure as well as evaluating
the potential of additional mineralized veins on the
Property.
Mitchell Adam, President, states, "We are extremely
encouraged with the results of the Phase 1 exploration program
and feel the work to date has culminated in potentially high
success drill targets for WestStar. Since acquiring this past
producing gold and silver property WestStar has completed a
series of work programs to focus our future drilling on the
Property."
About the Drill Targets at La Paloma
Main "Piedra Bola" Vein
Geological mapping within the La Paloma Property has defined a
steeply southwest dipping vein structure (Main "Pedra
Bola" Vein) over a 1-kilometre strike length. Rock channel
sampling across the Piedra Bola Vein assayed up to 0.84
grams-per-tonne (g/t) gold, and 64 g/t silver over 6 metres
(Channel 2). Individual mineralized rock samples of outcropping
quartz veins returned assays of up to 7.81 g/t gold and 311 g/t
silver (sample 11DMP135). The Piedra Bola Vein is coincident
with a broad 400 x 1,000 metre greater than 10
parts-per-billion (ppb) gold in soil anomaly that encompasses
the nearby Ridge Showing. Individual soil samples within the
Piedra Bola Vein soil anomaly have returned assays of up to
3.69 g/t gold.
Ridge Showing
The Ridge showing mentioned above is situated about 300 metres
to the southwest of the Piedra Bola Vein. The Ridge Showing
covers an area of approximately 100 by 30 metres. This area
hosts centimetre-scale branching quartz veinlets and quartz
vein breccias. The Ridge Showing is coincident with a 300 x 300
metre, multi-line, greater than 10 ppb gold in soil anomaly
that extends over a 200 metre vertical elevation range.
Individual soil samples within the Ridge Showing anomaly have
retuned assays of up to 557 ppb gold.
East Vein
A second Eastern vein structure ("East Vein") located
195 metres to the northeast of the Piedra Bola Vein has been
traced for approximately 200 metres so far. The Company aspires
to increase this strike length with further work. Rock channel
sampling of this highly altered northwest trending topographic
low lineament has returned assays of 8.6 g/t silver over 4
metres (Channel 6).
About the La Paloma Property
WestStar has an option to earn 60% and up to 80% of the
Property subject to a 2% NSR. The Property lies at the very
southern end of the Sierra Madre Occidental physiographic
province which is well known for gold and silver mineralization
and mining. The primary goal of WestStar will be to work the
Property and to define a compliant gold and silver resource in
the future.
History of the La Paloma Property
The Property was, at one time, owned by Penoles who
relinquished it in 1980. In 1983 and 1984 the Consejo de
Recursos Minerales ("CRM"), a government agency,
drained and entered the northern end of the main tunnel of the
Veta Ancha workings and sampled an exploration drift
approximately 100 metres from the 1928 planned mining to the
northwest. Based on this work CRM reported a "potential
reserve" of 750,000 tonnes grading 4.19 g/t Au and 123 g/t
Ag from the CRM. This estimate must be considered a historical
resource and does not meet the National Instrument 43-101
definitions for a resource or reserve as stated in sections 1.2
and 1.3. There has been no opportunity to verify either the
grade or size of the reported "reserve" and therefore
the estimate cannot be considered to comply with NI 43-101. At
this time, Snowden has not completed sufficient work to
classify the historical reserve estimate as either a current
mineral resource or mineral reserve. The Company is not
treating the historical estimate as a current mineral resource
or mineral reserve as defined in NI 43-101, and therefore the
historical estimate should not be relied upon.
Qualified Person
This technical content of this press release has been reviewed
and accepted by Thomas Clarke, Pr.Sci.Nat., and a Director of
the Company. Mr. Clarke is a Qualified Person under NI
43-101.
For further info on the Company please visit
www.weststarresources.com
or email
info@weststarresources.com
Telephone: 604-678-5308.
On Behalf of the Board
Mitchell Adam, President
WestStar Resources Corp.
For further information contact:
www.weststarresources.com
Tel: (604) 678-5308
Fax: (604) 678-5309
Toll Free: 1-855-678-5308
This news release includes certain statements that may be
deemed "forward-looking statements". All statements
in this release, other than statements of historical facts,
including the likelihood of commercial mining and possible
future financings are forward-looking statements. Please refer
to news release issued by the Company on August 17, 2011 for
the Terms of the option agreement executed to earn an interest
in La Paloma. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may
differ materially from those in the forward-looking statements.
Factors that could cause actual results to differ materially
from those in forward-looking statements include unsuccessful
exploration results, changes in metals prices, changes in the
availability of funding for mineral exploration, unanticipated
changes in key management personnel and general economic
conditions. Mining is an inherently risky business. Accordingly
the actual events may differ materially from those projected in
the forward-looking statements. For more information on the
Company and the risks and challenges of its business, investors
should review the Company's annual filings that are
available at www.sedar.com.
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.