Weststar Resources Corp
Weststar Resources Corp. (WER: TSX-V) is a mineral exploration company focused on discovering and advancing mineral properties by utilizing modern geological science to evaluate historical known discoveries. Weststar offers the potential for rapid corporate growth and asset appreciation. Weststar's portfolio is currently focused in Canada and is primarily invested in coal properties with known historical coal discoveries. The Company's Saskatchewan Tobin Lake 18 Meter coal property is currently the main focus of exploration activity.
Weststar Resources acquires 10 more claims adjacent to Imperial Metals Red Chris copper-gold property
Weststar Resources (TSX-V: WER; FSE: HN3) has purchased 10 additional strategic mineral claims “immediately adjacent and contiguous” to the Red Chris copper-gold property owned by Imperial Metals (TSX: III) in north-western British Columbia. The 10 claims cover 2,175 acres, and when added to 27 claims previously staked by Westar Resources, bring the total acreage to 28,675. Westar paid C$40,000 and issued 2 million shares for the 10 claims.
Imperial Metals recently reported 152.5 meters grading 4.12% copper and 8.33 grams per tonne (g/t) gold starting at a depth of 540 meters at the Red Chris property.
Weststar also announced that it had placed 666,667 united at C$0.06 per unit for gross proceeds of C$400,000. Each unit consists of one common share and one share purchase warrant with an exercise price of $0.10.
Other Weststar Resources Corp articles
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21/04/09 Weststar Resources Confirms Thermal Coal Quality at Tobin Lake
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20/03/09 Weststar Resources confirms Saskatchewan Coal in Drill Core
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10/03/09 Weststar Resources Commences Drilling at Tobin Lake Coal Prospect
Other Weststar Resources Corp news
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07/07/10 Weststar Resources adds Sifton claims to property portfolio
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25/05/10 Weststar Resources readies new work program at Red Chris area in British Columbia
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13/05/10 Weststar Resources expands Yukon McKinnon gold claims
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14/01/10 Weststar stakes 27 claims north-west of Imperial Metals’ Red Chris Copper-Gold Property
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18/12/09 Weststar Resources identifies 2 anomalous gold zones at Yukon properties Golden Fox and McKinnon
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03/12/09 Weststar Makes Progress On Axe Copper Project , Acquires Adjoining Claims and Reveals Private Placing
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17/11/09 Weststar Resources completes first phase of drilling at Axe copper project
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21/10/09 Weststar targets gold and copper mineralization as drilling commences at Axe Project
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10/09/09 Weststar to begin exploration program on Axe copper project, British Columbia
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01/04/09 Weststar Resources Corp acquires interest in Ellesmere Island Coal licenses
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