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Gold/Mining/Energy : Star Resources Corp. (SRR.TSE) (SRRCF.NASDAQBB)

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To: Dundee Maples who wrote (65)5/23/1997 7:36:00 PM
From: Natedog   of 76
 
How's this for excitement!

Star Resources SRR.TSE
has a new project starting up that efinitely warrants
watching. The company has just completed negotiations with the
Sudurvik hf, an Icelandic company, to acquire an 80% interest in a
vast quantity of mineral claims throughout Iceland. In a news
release issued Wednesday, the company states...

"Iceland's volcano geology along with fossil and active geothermal
systems indicate that Iceland has a favorable metallogenetic
environment for the development of epithermal deposits. Star Resources
feels that any comparison between Iceland's volcano geology and that
of known epithermal deposits and environments is similar enough to
suggest the probability of economic epithermal precious metals
deposits in Iceland."

The project is obviously in the very early stages, but with
management's track record in the markets, SRR.TSE definitely warrants
watching closely for signs of activity again. I'll keep you informed
as the project unfolds.

For further information please contact Mr. David Edwards via:
E-mail: dedwards@compassnet.com
Tel: (281) 870-9882
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