Western Star talks Western Star/Discovery property

Executive Summary

• Western Star Resources Inc. provided a comprehensive update on its newly combined, 100%-owned Western Star and Discovery property in the Revelstoke mining district, British Columbia.
• The company has secured full permitting for a multipad drill program and plans to initiate its maiden drill program on the property, which hosts over 6.2 kilometers of mineralized strike length.
• The update details the geological characteristics and historical sampling results of 15 specific mineral showings across the Western Star and Discovery properties, highlighting high-grade precious metal occurrences.

Key Details

• Property Overview:
  • Location: Revelstoke mining district, British Columbia.
  • Size: 4,740 hectares (46.4 square kilometers).
  • Ownership: 100% owned.
  • Status: Fully permitted for a multipad drill program; government bond paid.
  • Geology: Carbonate Replacement Deposit (CRD), precious metals rich.
  • Strike Length: Over 6.2 kilometers of mineralized strike length.
• Acquisition Context:
  • The update follows the acquisition of the Discovery property, completing the full Western Star package.
  • 2012 AeroTEM airborne geophysical survey (1,662 line-kilometers) by Mineral Mountain Resources Ltd. suggests a natural extension from the Western Star property to the Discovery property.
• High-Grade Sampling Results:
  • Surficial prospecting in well-exposed areas yielded samples of 246.76 g/t silver, 1–50.1% lead, 8.22 g/t gold, and 3.68% copper.
  • Hunter-Trapper Showing: Chip sample across a 1-meter-wide quartz-siderite pod with massive to scattered sphalerite-galena analyzed >102.8 g/t silver, 3.08% lead, and 4.38% zinc.
• Detailed Showing Descriptions:
  • Alma: Intermittent massive bands/streaks/lenses of galena-sphalerite in quartz-carbonate veins within siderite alteration zones.
  • Kitsap: Limestone hosting galena-sphalerite mineralization; sericite alteration zone of phyllite ~4m west of limestone contact.
  • Lardeau-Goldsmith: High silver values; 15-meter adit driven in 1899; inferred mineralization similar to nearby showings (pyrite, galena, sphalerite).
  • Lexington: 3.6-meter-wide quartz vein with 1.5 meters of massive galena in footwall assaying high silver values.
  • Morning Star: 2.1-meter-wide quartz/calcite vein (strike 310-320°, dip 62-75° E); crosscut adit begun in 1914.
  • Banner: 32-meter adit from 1900; mineralization consists of intermittent lenses of galena-sphalerite in crosscutting fractures.
  • Black Bear: Massive pyrite with minor galena-sphalerite in quartz gangue; shaft sunk 3 meters deep in 1896.
  • Royal: Galena in two parallel quartz veins; intermittent lenses of galena-sphalerite in crosscutting fractures.
  • Daffodil: Similar to Royal; galena in two parallel quartz veins.
  • Goodenough: Galena-sphalerite-(chalcopyrite) in quartz-chlorite veins in shears at limestone-phyllite contact over 160m strike length.
  • Wide West: Massive to disseminated bands/stringers of galena, sphalerite, and pyrite forming pods in stratabound lenses within limestone beds.
  • Glenside (Discovery): Three quartz and galena veins traceable for kilometers; tunnel in place on center small vein.
  • Muskateer (Discovery): Disseminations and large pockets of massive pyrite and pyrrhotite in phyllite; underlain by Jowett formation rocks.
  • Copper Mountain (Discovery): Traces of copper in chlorite schist; 6.7-meter adit driven in 1912 at 1,844m elevation.
• Strategic Plans:
  • Company plans to move toward its maiden drill program on the 100%-owned Western Star property.
  • Simultaneously looking to expand presence in Nevada via a recent Memorandum of Understanding (MOU) with The Real American Corp.

Notable Quotes

• "With the recent acquisition of the Discovery property, we have now secured the full package of the Western Star property. The property is fully permitted for a multipad drill program, with government bond paid. The company plans to move towards its maiden drill program on its 100-per-cent Western Star property while also looking to expand its presence in Nevada with the recent MOU [memorandum of understanding] with The Real American Corp." — Blake Morgan, President and CEO