Weststar Resources Corp
Weststar Resources Corp. (WER: TSX-V) is a mineral exploration company focused on discovering and advancing mineral properties with known historical resources . By utilizing modern geological science to evaluate historical known discoveries and deposits, Weststar offers the potential for rapid corporate growth and asset appreciation. Weststar's portfolio is currently focused in Canada and is primarily invested in coal and copper-gold properties.
Presentations & Company Media
18/04/2012
Corporate presentation (Presentation)18/04/2012
Fact Sheet (Presentation)
Related Research & Media
No documents available.
Company Statement:
Weststar Resources Corp. (WER: TSX-V) is focused on a advancing the high-grade, past-producing gold and silver mine, known as La Paloma, in the state of Jalisco, Mexico. The Company has the right to acquire an 80% interest in the 160-hectare property which includes the past producing mine, 1.3 km mineralization zone and newly discovered parallel zone. Weststar also holds three gold properties in the Yukon (Klondike) and Northwestern Ontario.
Current Operations:
La Paloma Property - Epithermal Gold and Silver Mineralization
In compliance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), Snowden Industry Mining Consultants Ltd. ("Snowden") completed a report after a site visit and sample collection to support the opinion of mineral occurrence. During its site visit, Snowden collected samples from outcrops and structures found on the Property. Representing the area being evaluated, samples were taken across structures with a conscious effort made to include the full width of the structure of interest.
Upon delivery of the results of the study, WestStar was optimistically pleased and further inclined to exercise its option upon receiving sample assays, which returned high-grade values of up to 49.20 grams per tonne ("g/t") gold and 385 g/t silver. ALS Chemex Laboratories located in North Vancouver, B.C. analyzed the samples collected by Snowden, and confirmed presence of gold and silver mineralization. This analysis was included in Snowden's report, which also concluded that the La Paloma concessions host epithermal style mineralization and importantly deemed the property as a "property of merit".
At the time of the report, Snowden deemed the property under-explored, and recommends that should it exercise its option to acquire 80% of the La Paloma property, WestStar undertake a phased exploration program of mapping, geophysics and drilling. The estimated cost to be in the order of $1.367 million over two phases, with Phase 1 at $495,000 and Phase 2 at $872,000, which would include 10 drill holes.


British Columbia Axe Property
The property was acquired in the 1960s by Adonis Mines Ltd., who commenced exploration for porphyry copper style of mineralization. Major exploration programs were completed by Adonis, Amax Exploration Inc., and Cominco Ltd. during the 1970s and early 1980s. In total, 185 holes, totalling some 14,000 meters were drilled during this period. Amax provided the initial resource estimate in 1971, followed by estimates of Adonis in 1972 and 1973. The resource area of the property has been continuously held under title since 1967. Cominco purchased the property in 1980 and abandoned and relocated the existing claims. Cominco sold the claims to a Vernon syndicate in 1994. The Vernon syndicate sold the claims to Bearclaw in 2003, who completed short drill hole testing in one of the zones for to study the potential of oxide copper in 2004.


Yukon

Management
Mitchell Adam
Position: President & Director
Mr. Adam, is the president of MGA Capital Corp. which provides management consulting services to public and private companies and various other consulting services including corporate finance and investor relations. Mr. Adam attended undergraduate studies at Simon Fraser University and in 1989 completed the Canadian Securities Course and RR exam. Mr. Adam spent four years working in the brokerage industry at Odlum Brown Ltd. and Nesbitt Thompson Inc. and has been working with various public companies since 1993, holding the positions of officer and director of several public companies.
Casey Forward, CGA
Position: Director and CFO
Mr. Forward is a professional accountant with over 25 years of experience and has been employed as an officer and director of several public companies involved in mining and business development. Mr. Forward has an extensive knowledge of the regulatory filing processes involved both in Canada and the U.S.
Nav Dhaliwal
Position: Director
Mr. Dhaliwal (34) has a wealth of entrepreneurial, sales, and financing experience. He has founded a number of companies. He is also very experienced in corporate development, corporate communications and investor relations, and has business relationships with analysts, brokers and investment bankers both here in Canada, the US, and especially in Asia. Mr. Dhaliwal is particularly adept at nurturing early stage companies through their critical phases of evolution.
Patrick Morris
Position: Director
Mr. Morris is president of Vimoris Ventures Inc., a company which provides management consulting, corporate finance and business development services to public and private companies. Mr. Morris has served on the board and managed several exploration companies from incorporation to listing on the TSX Venture Exchange. Mr. Morris has also enjoyed success in the field of marketing as a specialist in financial programming and advertising for public companies in the media.
Thomas Clarke, MSc, PrSciNat
Position: Director
Mr. Clarke is a geologist, who has experience working on gold, platinum and base metal deposits, as well as the Alberta oil sands. Mr. Clarke holds a bachelor of science (honours) in geology and a master of science (geology) from the University of the Witwatersrand in Johannesburg, South Africa. He is a qualified person as per NI 43-101.
Major Shareholders
| August 16, 2011 |
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Contact Information
Suite 4006 - 1011 West Cordova Street
Vancouver, B.C.
Canada V6C 0B2
Tel: 604-678-5308
Fax: 604-678-5309
Toll-free: 1-855-678-5308
Email: info@weststarresources.com
Corporate Information
No info available.






















