February 05, 2013 09:30 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 5, 2013) - Eagle Star Minerals Corp (TSX VENTURE:EGE)(PINKSHEETS:ELGSF)(FRANKFURT:E6R) ("Eagle Star" or "the Company") is pleased to announce it has contracted Coast Mountain Geology of Vancouver, B.C., Canada to complete the NI 43-101 resource report on the south east portion of Bomfim Hill. Continuous pit opening within the 550,000 sq. meter east portion of the Bomfim Hill has returned high-grade phosphorite of up to 5 meters so far with mineralization open in all directions. Eagle Star intends to continue with test pits and trench opening in conjunction with geo-physical studies to delineate the NI 43-101 report as it regards this to be the best approach to achieve a three dimensional outlook of the high-grade mineralization.
The preliminary NI 43-101 resource report will be focused on the south-east portion of the Bomfim Hill (PZE), one of six high-grade targets that have been identified to date on the Bomfim claims by way of detailed mapping. Eagle Star plans to complete this report within three (3) months time and use its results to prove the economics of its plans to venture into production of direct application natural fertilizer from the high-grade mineralization at Bomfim Hill.
ABOUT THE COMPANY
Eagle Star Minerals Corp. is a publicly listed company focused on the acquisition, exploration and development of agro-mineral properties in Brazil. Over the past two years, Eagle Star Minerals has strategically grown its presence in Brazil and continues to focus on maximizing shareholder value by acquiring assets located in geological areas known for proven phosphate mineralization, coupled with good logistics in close proximity to agriculture.
The Company's shares are publicly traded on the TSX Venture Exchange under the symbol EGE, on the OTC Pink Sheets under the symbol ELGSF and on the Frankfurt Stock Exchange under the symbol E6R.
On behalf of the Board of Directors
EAGLE STAR MINERALS CORP.
Eran Friedlander, President
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
Eagle Star Minerals Corp.Patrick BrandrethSenior Manager, Corporate Development1email@example.com
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