BARRICK (ABX), DOES NOT OWN CONCESSIONS AT MINA PASCUA, CHILE. TITLES HAVE BEEN ISSUED TO MR. JORGE LOPEHANDIA.
Mountainstar Gold Inc. (the Company), issues the following update to its shareholders to provide a historical summary and clarify title ownership (1996 -2013), of Mina Pascua, Chile.
As of February 1, 2013, the Company's lawyer, Mr. Alan G.S. Hultman, received clean titles to the Mina Pascua, Chile, mining concessions. The Mina Pascua titles were issued by the Mines Registrar of Vallenar, signed and sealed by Vallenar's Mines Commissioner (Conservador de Minas) Mr. Pablo Cortes Olquin, for Mr. Ricardo Olivares Pizarro on January 16, 2013. The Conservador de Minas Vallenar, is the sole person in Chile, at this date, with full legal jurisdiction over the Mina Pascua concessions, their title, and confirmation of certified domain.
These titles were authenticated by the Ministry of Justice, and the Ministry of Foreign Affairs of Chile. They have been validated by the Canadian Embassy in Santiago, Chile.
The Conservador de Minas, Vallenar, issued title with clean Certificado de Dominio Vigente (Current Certified Dominion), over the following Mina Pascua Project areas in Chile:
1. Tesoros Uno 1 al 30 through to Tesoros Doce 1 al 5-- Mr. Jorge Lopehandia is legal title holder as of 2013. Barrick Gold Corporation (ABX), or its Chilean subsidiaries, have never had title for these concessions. False statements from executives of Barrick's Chilean subsidiaries, concerning these titles, have led to criminal charges being applied, accepted and enforced in Chile. Lawyers representing Barrick's Chilean subsidiaries, at Vallenar's 2nd Civil Court in 2012, admitted to not owning Tesoros titles or domain. This falsification of the Pascua Lama Protocol has initiated further criminal charges.
2. Amarillos Norte (5200 hectares) and Amarillos Sur (3400 hectares)--owned since 1996 by Mr. Jorge Rodrigo Lopehandia Cortes through his mining agent Mr Villar. These Amarillos titles were in existence before the Tesoros concessions of 1997. The Tesoros titles were constituted after Minera Nevada SpA swindled Mr. Lopehandia and Mr. Villar of their existing claims. The Amarillos titles have had an injunction in place by the Supreme Court of Chile, as of June 5, 2001, showing Mr. Jorge Lopehandia Cortes as the registered title holder through to this date.
Mr. Lopehandia was sued by Barrick Gold Corp. regarding ownership of the Amarillos concessions in Ontario, Canada 2002. Barrick won this libel case against Mr. Lopehandia with false title claims and letters of opinion. Minera Nevada SpA then used this information to attack Mr. Lopehandia in court proceedings in Vallenar in 2012, at the 2nd Civil Court, in an effort to discredit Mr. Lopehandia. This court proceeding took place to strike out the Amarillos 1-3000 titles (the salts and nitrates claims owned by Minera Nevada SpA) from the Chilean Mines Registrar.
At this proceeding Mr. Lopehandia was able to show his Amarillos Sur and Norte titles. The judge then requested Barrick Gold Corporation (ABX), and its Chilean subsidiaries to produce the same. Barrick failed to produce the Amarillos Sur or Norte titles in its or its Chilean subsidiaries' names.
Amarillos Sur and Norte were validated by judicial judgment by the Supreme Court of Chile. This judgment ordered that both sectors be reconstituted at the original 1996 UTM coordinates. These claims override the ABX / Lac Minerals 1994-2013 Amarillos 1-3000 concessions (for salts and nitrates only).
With the injunction C-1912-2013 in Mr. Jorge Lopehandia's name, the Amarillos Sur and Norte concessions engulf and override the Tesoros claims of Hector Unda Llanos, which have now also been legally titled in Mr. Jorge Lopehandia's name 2001-2013.
The Tesoros concessions are inside the area of Amarillos Sur, and are considered to be the areas of greatest geological interest to Mina Pascua, Chile.
The continuation of the assertion of Barrick Gold Corporation's ownership of the Tesoros claims with the SEC and OSC, is misleading to the NYSE and TSX stock exchanges, and the investing public. Barrick's filings with the SEC and OSC are fraudulent, and libel Mountainstar Gold Inc. and Mr. Jorge Rodrigo Lopehandia Cortes.
Those Chilean indians love wampum like the rest of us... don't you believe otherwise. This is all BS and ABX will just have to grease the palms of the locals... they want in on the 900 million oz per year production also!
Sentiment: Strong Buy
TECHNICAL REPORT LOCATION: MINA PASCUA (PASCUA-LAMA) PROJECT, CHILE
Catalino Albanez Vergara, Ingeniero Ejecución en Minas [T.N.: This appears to mean Mining Enforcement Engineer; hereinafter I.E.M.], Expert Mine Surveyor since 1980 and Court-accredited Expert for the Appeals Court of La Serena, domiciled at “Pasaje Los Olivos 955”, La Serena, hereby states:
1.-Nevada Mining Company 1994 PASCUA-LAMA PROJECT THE AMARILLOS 1 THROUGH 3000.- This mineral deposit (PASCUA-LAMA project) is located inside of the AMARILLOS 1 THROUGH 3000 mining properties and it is in turn located within the groups of mining properties TESORO FIVE and TESORO SEVEN, where they are located as shown in the report presented to COREMA and the pertinent entities and public opinion for the purpose of obtaining the corresponding sectoral permits for the development of the mineral deposit denominated PASCUA-LAMA, which is complemented with photographs from “GEOGLE” [presumably “GOOGLE”] showing the whole yellow mountain (alteration deposit) which is also mentioned in the official Survey Record, in the chapter entitled “Acceso al HM” [Access to HM]; the same is described in later surveys of the TESORO FIVE and TESORO SEVEN groups.
CONCLUSIONS REGARDING LEGAL TITLE AUTHORITY AS AT JUNE 15, 2011. To this date there are no valid marginal annotations on these title deeds in the name of Barrick Gold Corporation-ABX of Canada, Barrick Chile or Minera Nevada Limitada, according to an original copy of same which I have before me. The original 2011 copy DOES certify by means of a marginal annotation the litigious rights of Mr. Jorge R. Lopehandia Cortes as the first-claim legal right to title.
FINAL CONCLUSION The properties LOS AMARILLOS 1 through 3000 and TESOROS should not have been included in the list of mining properties as being the property of BARRICK GOLD CORPORATION-ABX of Canada, due to the fact that these properties have not been nor are they now registered in the name of said firm at the Registrar of Mines of the City of Vallenar, in the Atacama Region, Republic of Chile, in conformity with Chilean law. Moreover, these title deeds could not have been transferred or sold or contracted in any manner whether in Chile or abroad due to the fact that a prohibition is in place, granted by a Chilean Court which prohibits the carrying out of actions or execution of contracts.
I would bet that abx does not have titles to mine pascua, they at abx finally said it clear at the agm this week saying that they have legal and environmental issues and the legal issues imo is the fact that Jorge Lopehandia has titles to pascua and abx does not, abx has tried for years to acquire the titles that JL owns but have failed every time in court, my guess is that MSX and JL will soon show the world who really owns pascua