WILTON, CT / ACCESSWIRE / October 16, 2014 / International Star, Inc. (OTC Pink: ILST), provides Van Demeen project update.
International Star (the "Company") is pleased to provide the progress made with its Plan of Operations. 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.
The Plan of Operations covers numerous subjects in 18 separate sections. Sections include but are not limited to, Descriptions of Plan Operations, Water Management, Rock Characterization and Handling, Dust Abatement, Reclamation and Monitoring. Each of these sections are technical and require a thorough review of each process.
As sections are completed, the Company is providing the data to the BLM for review and feedback. By example, the following is a summary of Rock Characterization and Handling requirements,
Rock characterization and handling plans describe how ILST will manage rock that may require special handling, e.g., due to its potential to generate acid or deleterious leachate, is to be managed.62 The plans must include the analytical protocols and criteria that will be used to identify potential acidic or reactive rock. The plan must include how such material is to be (1) identified by testing prior to and during mining, (2) selectively handled, (3) processed or treated, and (4) reclaimed. These plans are integral to the "source control" of acid-forming, toxic, or other deleterious material as described in the performance standards (Section 5.3.11.1, Source Control Requirements).
To meet these requirements, the Company has submitted rock samples to an accredited lab for testing.
All this work is primarily being done internally which has allowed the Company to make substantial progress without dilution.
Michael Shea, CEO stated, "I realize that this process is taking longer than planned, however, we are making substantial progress and look forward to completing the Plan of Operations as quickly as possible. Management remains very optimistic regarding the Van Deemen project and looked forward to keeping the investment community apprised of our progress".
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: [email protected]
SOURCE: International Star, Inc.