VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 15, 2014) - Eagle Star Minerals Corp., (TSX VENTURE:EGE)(ELGSF)(E6R.F) ("Eagle Star" or "the Company") is pleased to announce that Professor Paulo Amorim, Eagle Star's current Senior Exploration Advisor has decided to sign on with the Company on a full time basis and will assume the role of VP of Exploration.
Professor Amorim will be responsible for overseeing the implementation and execution of Eagle Star's 2014 exploration programs for the Bomfim, Ruth and Samba Projects. Prof. Amorim has accumulated a wealth of knowledge in the Brazilian phosphate industry over his 38 year career having spent 22 years of which with mining giant Companhia Vale do Rio Doce ("Vale") fulfilling various senior positions including that of General Manager of Exploration and Acquisitions. Most recently Prof. Amorim was responsible for heading the exploration programs for phosphate producer MbAC Fertilizers Corp. ("MbAC") and for Rio Verde Minerals Development Corp. ("Rio Verde").
"I am very much looking forward to focusing all my time and energy towards further advancing Eagle Star's assets potential. My interpretation of recent drill results at Bomfim and my impressions from recent site visits to all of the Company's projects convinced me beyond a shadow of a doubt that 2014 is going to be a very exciting year for the Company." Said Prof. Amorim Eagle Star's newly appointed VP of Exploration.
In addition to this positive development, Eagle Star is pleased to announce the hiring of Mr. Rogerio de Lucena Alves to the Company. Mr. Alves will join the team as the new Project Manager for the Ruth and Samba Projects where he will be responsible for planning and executing the projects' budgets, coordinating drill programs and managing the teams in the field to assure exploration milestones are met within pre-assigned time lines.
Mr. Alves brings with him 12 years of senior level exploration and consulting experience working with international mining companies including the likes of BMM Mineraçao Brazil, Falconbridge Brazil and a five year career with Kinross Gold Corp both internationally and within Brazil. Most recently, Mr. Alves consulted for the Lundin Group's Sirocco Minerals company in South America.
Mr. Alves completed his B.A in Geology from the University of Brasilia, Brazil in 1996 and his M.B.A in 2000 from the State University of Rio Grande do Sul, Brazil.
"We are very thrilled with Prof. Amorim's decision to dedicate himself fully to the Company by assuming a hands on position as VP of Exploration. He is the third high level manager previously working for MbAC now joining Eagle Star. The experience gained by these recent additions to our team cannot be overstated as they not only instill a great deal of confidence in our ability to move forward to the next stage of development, but also lend even greater credibility to our projects. Equally, it is with great pleasure that we welcome Mr. Alves to the Company. We strongly believe that his exploration experience and managerial skills will prove highly conducive to the pursuit of our 2014 exploration programs for both the Ruth and Samba projects in the state of Piaui," commented Eran Friedlander President & CEO.
Furthermore, the Company has granted an aggregate of 2.6 million stock options at a price of $0.24 per share as per the Company's 2013 stock option plan. The options are valid for a period of 5 years expiring January 13th 2019 and are subject to the provisions of the TSX Venture Exchange.
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 three 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