Can anyone tell me if Naxos's Franklin property is similar to these Int'l Star's.
International Star Confirms Refinery Recovery of Gold, Silver,
Platinum and Palladium
IDAHO FALLS, Idaho--(BUSINESS WIRE)--Aug. 13, 1998--International Star Inc. (OTC BB:ISRI - news) announced Thursday that
AuRic Metallurgical Laboratories, Salt Lake City, has successfully completed the second 1,000 pound bulk sampling from its Arizona
property.
AuRic has now processed two 1,000-pound bulk samples summarized as follows:
1. Chain of custody of all headore by AuRic from ISRI's Arizona
property to the AuRic Lab.
2. Grinding, milling of first 1,000 pounds of headore and production
of first dore bar.
3. Assay of first dore bar with published results in the July 7,
1998 ISRI news release of .406 oz. Gold, .712 oz. Silver,
.023 oz. Platinum and .009 oz. Palladium.
4. Grinding, milling and production of second dore bar from
additional 1,000 pounds of headore.
5. Refinery recovery of individual metals from second dore bar:
.406 oz. Gold, .647 oz. Silver, .021 oz. Platinum and .01 oz.
Palladium.
6. Total Recovery over one ton of headore is .812 oz. Gold, 1.359
oz. Silver, .044 oz. Platinum and .019 oz. Palladium.
The recovered metals in the second 1,000 pound bulk sampling can be viewed by visiting the company's website at
cyberhighway.net.
AuRic reports that the milling and refining procedures prove the metal can be milled and recovered utilizing simple and cost effective processing
methods.
The company is applying for drilling permits from the Bureau of Land Management to block out reserves on one section of land (one square
mile) to a depth of 10 feet by auger drilling a total of 200 holes. This drilling and sampling will be completed by the geologists from L.S. Capital
(OTC BB:CHIP - news) of Houston and assayed by AuRic.
The company is also working with AuRic to build a 1, 25 and 40 ton pilot plan which will allow the company to build a production facility.
SAFE HARBOR STATEMENT:
Forward-looking statements is this release are trade pursuant to the ''Safe Harbor'' provisions of the Private Securities Litigation Reform Act
of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitations, commodity
prices of precious metals and actual results differing materially from projections because of geological factors, operation factors, government
regulations or factors relied upon from independent sources, may either negatively or positively impact exploration or mining operation.
Forward-looking statements involve known and unknown risks and uncertainties that may cause a company's actual results in the future
periods to differ materially from forecasted results. The company assumes no obligation to update the information in this release.
Regards, Lalit Jain |
