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Market: TSX-V
Sector: General Mining
Epic: WER
News: Latest news
Web Site: Weststar Resources Corp
Other Articles: 14-01-201018-12-200903-12-2009

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Monday March 15, 11:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

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Sunday March 14, 05:46China's growth boosting commodity prices

With chunky economic numbers from China boosting commodity prices we take a brief look at the country's position in different market places - while noting also that hopes for a recovery in global trade appear to be borne out by freight rates.

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Weststar Resources Corp

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.

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Tuesday, January 19, 2010

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.

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