International Star Provides Van Deemen Update
February 12 2015 - 9:00AM
Access Wire
WILTON, CT / ACCESSWIRE / February 12, 2015 /
International Star, Inc. (OTC Pink: ILST), provides Van Demeen
project update.
International Star (the "Company") is pleased to provide the
following update on the Van Deemen project.
As previously announced, the Company delivered its Preliminary
Plan of Operation to the Bureau of Land Management ("BLM"). The BLM
has asked the Company to expand the scope of its Preliminary Plan
of Operation to a Plan of Operations.
Management has been working on completing the plan, however,
progress slowed during the holiday. The Company is now in a
position to aggressively move forward with completing the plan and
has solicited revised bids for environmental and archaeological
studies, as well as, engineering services for the operation layout,
equipment requirements, etc.
The Company has received the results of the Acid-Base Accounting
(ABA) testing. ABA calculates a net neutralization potential (NNP)
representing the ability of a body of rock to produce acid rock
drainage or to consume free acid and neutralize it. The testing
provides an estimation of the amount of acid that can be generated
by mine waste. Once analysed, the results will be made public on
the Company’s website.
Michael Shea, CEO stated, "We look forward to providing results
of our progress as they become available. Management remains
optimistic regarding the Van Deemen project."
ABOUT INTERNATIONAL STAR
International Star is a junior mining Company with claims in
Arizona. Its primary focus is to bring the Van Demeen gold project
into production. The primary goal is to generate cash flow to
sustain and grow profitability.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to: the impact of economic, competitive and
other factors affecting the Company and its operations, markets,
product, and distributor performance.
CONTACT:
Michael Shea
International Star, Inc.
Phone: (203) 210-5614
Email: Mshea@ilstholdings.com
www.ilstholdings.com
SOURCE: International Star, Inc.
International Star (PK) (USOTC:ILST)
Historical Stock Chart
From Nov 2024 to Dec 2024
International Star (PK) (USOTC:ILST)
Historical Stock Chart
From Dec 2023 to Dec 2024