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To: Goose94 who wrote (7988)8/15/2016 8:08:31 PM
From: Goose94Respond to of 202424
 
FTR-V new 52 week high, 6 cents



To: Goose94 who wrote (7988)9/2/2016 8:26:54 AM
From: Goose94Read Replies (2) | Respond to of 202424
 
Firesteel Resources (FTR-V) and Prosper Gold (PGX-V) Sept 2nd 2016 signed on July 15th 2013, the two companies have formed a joint venture to further explore and develop the Star property near Dease Lake in Northern British Colombia.

The company holds a 49% interest in the Star Project J V, pursuant to the option and JV agreement between Prosper and Firesteel dated July 15th 2013. Please see the Company's July 18, 2013 news release for additional information."

Michael Hepworth, President and CEO of the Company said; "Firesteel and Prosper will continue to develop the Star property under the terms of the JV previously agreed at the time of signing. Both companies will focus on raising finance to continue the development of the Star Property, which includes 5 significant Cu-Au targets and with the potential for large tonnage. To date the Star property has shown promising drill results but further work needs to be completed to fully define a resource."

About the Company

Firesteel is an exploration-stage junior mining company engaged in the acquisition and exploration of prospective precious and base metal properties in Canada and stable jurisdictions around the world.

Firesteel currently has two highly prospective properties in British Colombia.

The ROK Coyote property is 100% owned by Firesteel.

The property shares a boundary with Imperial Metals, Red Chris Mine on the South East and a boundary with Colorado Resources on the North West. The property is in good standing until 2025.

Highlights of the ROK Coyote property include:

??6,829 Ha of highly prospective that has the potential to host large tonnage Cu-Au targets with known Cu-Au results.

??Adjacent to Imperial Metals Red Chris Mine development and Colorado

Resources North ROK property.

Significant Historic Drilling Intercepts, ROK Property:

Drill Hole

Interval (m)*

Gold (gpt)

Copper (%)

RK-76-2

18.00

1.16

1.46

90-R03

38.37

1.32

1.54

RO-01-91

42.00

0.312

0.24

* intercept lengths are given and are not intended to represent true widths.

The Star property is currently operated under a Joint Venture agreement between Firesteel (49%) and Prosper Gold. (TSX-V: PGX) (51%).

Previous highlights of the Star property include:

--6,700 Ha property hosts five significant Cu-Au targets within close proximity with large tonnage, high grade potential.

--Star Target - In 2014 a total of 6221.5 meters were drilled in 19 holes. To date the deposit which measures 550 meters north-south and 350 meters east-west and remains open. Recent drill results include 107m of 0.77% Cu & 0.41 g/t Au including 64m of 1.12% Cu & 0.59 g/t Au (previously reported September 23, 2014).

The Company's management and board of directors have extensive experience in exploration, operations, business and corporate finance.

The Company's objective is to enhance shareholder value as a prospect generator by identifying and securing early-stage exploration opportunities and developing them to more advanced stages with the help of joint venture partners.

Qualified Person

The scientific and technical information in this news release has been approved by Paul Sarjeant, P.Geo., a Qualified Person under National Instrument 43-101 and a director of the company.

For a detailed overview of Firesteel Resources Inc. please visit:

www.FiresteelResources.com

For further information, please contact:

Michael Hepworth

President and Chief Executive Officer

(416) 419 5192

mhepworth@firesteelresources.com

www.firesteelresources.com