Eagle Star Announces Successful Completion of Geophysical Orientation Test
Outlining Prospective and Mineralized Units
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/26/13 -- Eagle Star
Minerals Corp. (TSX VENTURE:EGE)(PINKSHEETS:ELGSF)(FRANKFURT:E6R)
("Eagle Star" or "the Company") is pleased to announce positive
results from a recently completed geophysical orientation test on the
northern portion of The Bomfim Project (Target A1). The test line,
which passes through drill hole BRF-03, was specifically selected to
enable Eagle Star to cross reference geophysical results with
geological information gathered from previous scout drilling in the
area. Drill hole BRF-03 contains 16m grading 4.23% P2O5, including
4.40m @ 9.13%, including 2.4m @13.60% P2O5 (previously released
results, see news release dated November 12, 2012). Post processing
of the geophysical data revealed a strong correlation between
geophysical response and drill hole logs, most importantly showing
contrast between phosphate bearing target units and the underlying
dolomite bedrock which is fundamental to tracking the shape of the
The geophysical section also shows a tabular pattern that suggests
lateral continuity of the mineralization bearing unit. Consequently,
this unit is believed to extend along strike and to be open in all
lateral directions. In addition, the section indicates that this unit
reaches 25 meters thickness in this portion of Target A1.
To view geophysical test results please click on the following link:
"The success of this geophysical survey demonstrates that with the
help of this new tool we are able to efficiently delineate the
position of mineralized and prospective units between and beyond
drill holes and pits. This is a significant step toward achieving our
objective of defining a 43-101 resource on one or more of our many
targets this year," commented Dr. Campos, Technical Director of the
Company and an expert in phosphate sedimentary mineralization.
Following the successful demonstration of this geophysical method,
Eagle Star has engaged the services of SIGEO - Solucoes Integradas em
Geotecnologia, to perform an extensive geophysical survey consisting
of a minimum 16 line kilometr
es over selected areas of The Bomfim
Project commencing in the PZE southern portion of the Bomfim Hill
(Target D1). The company expects the final product to be a
three-dimensional geophysical and topographic model that in
conjunction with geological and geochemical data gathered from pits
and drill holes will define the shape of the mineralized area in
preparation of the NI 43-101 Technical Report and its resource
SIGEO - Solucoes Integradas em Geotecnologia is a consultancy
consisting of professors and researchers from the Universities of Sao
Paulo (USP) and Brasilia (UnB) who specialize in developing and
performing various Geophysical studies.
John Harrop PGeo., FGS, 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.
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.
Eagle Star Minerals Corp.
Senior Manager, Corporate Development
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