ZINC-LEAD: Winter drilling success for Goldstar at Julien

QUEBEC – Goldstar Minerals has been drilling at its Julien zinc-lead property 100 km east of Mattagami. Several coincident induced polarization and magnetic anomalies in the north-central part of the property were successfully tested.

Hole JU-14-06, intersected 10 meters of 0.91% Zn, 0.24% Pb, 6.0 g/t Ag and up to 0.03% WO3 within an oxidized metasedimentary quartzo-feldspathic sequence (wacke) in a new, possibly rift-related structure. Relatively higher zinc:lead ratio suggests that this may represent a distal mineralization or an outside envelope to a mineralized system, according to Goldstar.

Holes JU-14-01 and JU-14-02 intersected several 25-metre-wide banded iron formations. These BIFs are mainly constituted of pyrrhotite as the dominant iron sulphide, magnetite and coarse grained spessartine. The relationship of these BIFs with the mineralized intersections is not clear and will require further exploration, added the company.

Goldstar says the results show multiple disseminated zinc-lead-silver intersections. The assemblage at the convergence of an intrusive and a rifted suture zone has been likened to the Broken Hill type of deposit by Goldstar.

More results from the winter drilling program are available at GoldstarMinerals.com.