VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 14, 2013) - Eagle Star Minerals Corp., (TSX VENTURE:EGE)(ELGSF)(E6R.F) ("Eagle Star" or "the Company") is very pleased to announce additional high-grade lab results from the RC drilling program now underway on its second target ("Target A1" or "Amaury"). Target A1 is one of eight identified so far to host high-grade anomalies at the Bomfim Project. The intent of this drilling campaign was to extend and eventually quantify resources of the high-grade mineralized zone previously discovered in Target A1 through pit opening and scout drilling (see news releases dated November 12, 2012 and February 28, 2013).
To date, three mineralized envelopes have been outlined on the basis of detailed mapping (1:25.000 scale), information obtained by way of pit opening, drill results and geological modeling. The program focused on outcropping phosphorite located within the high grade P2O5 envelope at a 100 x 100 meter spacing while also testing the extent of the surrounding medium and lower grade P2O5 envelopes. All drill holes are vertical and drilling widths are believed to represent the true width of the mineralized zone due to the bedded nature of the mineralization.
The following drill results represent positive intersections from the high-grade mineralized zone.
|Hole ID||From (m)||To (m)||Interval lengh (m)||P2O5 (%)|
The Company implements industry recognized QAQC methods at the project. Intertek Laboratories (Intertek) of Sao Paulo Brazil, was used for analytical work reported in this news release. Intertek is certified (ISO 9001:2008) and part of an international group of laboratories recognized in industry for geochemical and agricultural testing. Determination of P2O5 was done by Intertek method XR55L which prepared the sample with a lithium tetraborate fusion followed by XRF analysis. Intertek is independent of the Company.
To view the Amaury drill hole location, please visit the following link: http://media3.marketwire.com/docs/EGE_Fig1.pdf.
Richard Kemp PGeo, of Coast Mountain Geological, a qualified person under NI 43-101, reviewed and approved the technical disclosures of this press release on behalf of the Company.
"The combination of the drill results from Target A1 with what we have discovered at our Bomfim Hill PZE-South target is tremendously exciting for us. It clearly validates the geological model we have developed for the area and strengthens our original theory that any target identified based on this same model represent an area of phosphate mineralization. Furthermore, though our work to date is mainly focused on high-grade outcropping mineralization, results demonstrate that there is additional, significant upside potential to uncover by drilling surrounding areas which are mineralized at lower grades," comments Eran Friedlander, President & CEO Eagle Star Minerals Corp.
ABOUT THE COMPANY
Eagle Star Minerals Corp is a publicly listed company focused on the acquisition, exploration and development of agro-mineral properties in Brazil. Over the past two years, Eagle Star Minerals has strategically grown its' presence in Brazil and continues to focus on maximizing shareholder value by acquiring assets located in geological areas known for proven phosphate mineralization, coupled with good logistics in close proximity to agriculture.
The Company's shares are publicly traded on the TSX Venture Exchange under the symbol EGE, on the OTC Pink Sheets under the symbol ELGSF and on Frankfurt Stock Exchange under the symbol E6R.
On behalf of the Board of Directors
EAGLE STAR MINERALS CORP.
Eran Friedlander, President
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.