Sydney - Thursday - July 19: (RWE Australian Business News) -
Goldstar Resources NL (ASX: GDR) says a recently completed program of
ground-based geophysics and site mapping together with a
review of the historic workings, has significantly upgraded the
potential of the Walhalla Proprietary Dyke Bulge.
With a northern edge only 200 metres south of the Eureka
Project, Walhalla Proprietary has been re-rated as a priority
exploration target for the Company.
Walhalla Proprietary is the southernmost dyke bulge identified
to date within the strategically important Ross Creek Line (RCL) of
mineralisation. The RCL already hosts the Eureka and Tubal Cain projects
as well as numerous other historic workings and exploration targets.
Work carried out by Goldstar over the past six months in the
Walhalla Proprietary area has confirmed the results of the 2006
exploration drilling undertaken. It has expanded the potential size of
the Walhalla Proprietary dyke bulge with a significant northern
extension to bring it to within 200 metre of Eureka.
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