International Star, Inc. (OTC Pink: ILST) (PINKSHEETS: ILST) provides project update.
Last week, the Company instructed McClelland Labs to cease the leaching process of the Van Deemen samples. Despite the fact that gold was still being realized, the curve was only increasing incrementally. While it is customary to leach until the curve flattens, the final results/report from McClelland is required to complete the Company's preliminary plan of operation.
The preliminary plan of operation should be completed within the next two weeks. In hopes of expediting the review, the Company's plan of operation will only focus on the near surface areas, limiting the initial area of ground disturbance.
Once the preliminary plan of operation is reviewed by the Bureau of Land Management, the Company should be able to give some level of guidance as to future time lines and requirements.
ABOUT INTERNATIONAL STAR
International Star is junior mining Company with claims in Arizona. Its primary focus is to bring the Van Demeen gold project into production. The primary goal is 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.
International Star, Inc.
Phone: (203) 210-5614
SOURCE: International Star, Inc.