GDR goldstar resources nl

goldstar upgrades walhalla

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    Sydney - Thursday - July 19: (RWE Australian Business News) -
    Goldstar Resources NL (ASX: GDR) says a recently completed program of
    ground-based geophysics and site mapping together with a
    review of the historic workings, has significantly upgraded the
    potential of the Walhalla Proprietary Dyke Bulge.
    With a northern edge only 200 metres south of the Eureka
    Project, Walhalla Proprietary has been re-rated as a priority
    exploration target for the Company.
    Walhalla Proprietary is the southernmost dyke bulge identified
    to date within the strategically important Ross Creek Line (RCL) of
    mineralisation. The RCL already hosts the Eureka and Tubal Cain projects
    as well as numerous other historic workings and exploration targets.
    Work carried out by Goldstar over the past six months in the
    Walhalla Proprietary area has confirmed the results of the 2006
    exploration drilling undertaken. It has expanded the potential size of
    the Walhalla Proprietary dyke bulge with a significant northern
    extension to bring it to within 200 metre of Eureka.
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