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ILST International Star Inc (PK)

0.0017
-0.0001 (-5.56%)
28 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
International Star Inc (PK) USOTC:ILST OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0001 -5.56% 0.0017 0.0015 0.0017 0.0018 0.0015 0.0018 3,279,211 20:02:51

International Star Provides Van Deemen Update

12/02/2015 2:00pm

Access Wire


WILTON, CT / ACCESSWIRE / February 12, 2015 / International Star, Inc. (OTC Pink: ILST), provides Van Demeen project update.

International Star (the "Company") is pleased to provide the following update on the Van Deemen project.

As previously announced, the Company delivered its Preliminary Plan of Operation to the Bureau of Land Management ("BLM"). The BLM has asked the Company to expand the scope of its Preliminary Plan of Operation to a Plan of Operations.

Management has been working on completing the plan, however, progress slowed during the holiday. The Company is now in a position to aggressively move forward with completing the plan and has solicited revised bids for environmental and archaeological studies, as well as, engineering services for the operation layout, equipment requirements, etc.

The Company has received the results of the Acid-Base Accounting (ABA) testing. ABA calculates a net neutralization potential (NNP) representing the ability of a body of rock to produce acid rock drainage or to consume free acid and neutralize it. The testing provides an estimation of the amount of acid that can be generated by mine waste. Once analysed, the results will be made public on the Company’s website.

Michael Shea, CEO stated, "We look forward to providing results of our progress as they become available. Management remains optimistic regarding the Van Deemen project."

ABOUT INTERNATIONAL STAR

International Star is a junior mining Company with claims in Arizona. Its primary focus is to bring the Van Demeen gold project into production. The primary goal is to generate cash flow to sustain and grow profitability.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.

CONTACT:

Michael Shea
International Star, Inc.
Phone: (203) 210-5614
Email: Mshea@ilstholdings.com
www.ilstholdings.com

 

SOURCE: International Star, Inc. 

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