Pinestar Gold Inc.: Press Release
02 February 2011 - 6:39AM
Marketwired
Pinestar Gold Inc. (TSX VENTURE: PNS) (the "Company") wishes to
announce that it has now obtained surface access rights to the
Company's Becker property, located in southern Chile (the "Becker
Property").
The Company has mobilized an exploration crew to provide
detailed grid geological and geochemical surveys to follow-up the
initial reconnaissance gold results in the Guindos sector of the
Becker 2 and 4 claims and the coincident gold in soil and TEM
anomaly flanking the east side of the Lajuelas system, on the
Becker 2 claim.
The Company has an option to earn up to a 75% interest in the
Becker claims. The Becker Property contains an epithermal gold vein
system.
The Company wishes to thank its shareholders for their continued
support. Jeremy Ford, the President and Chief Executive Officer of
the Company, stated "We are pleased that we have resolved the
previous issues with respect to surface access on the Becker
Property and we look forward to proceeding with the exploration
program in respect of the Becker Property".
ON BEHALF OF THE BOARD
PINESTAR GOLD INC.
Jeremy Ford, President, Chief Executive Officer and director
FORWARD LOOKING STATEMENTS
This release contains "forward-looking statements" within the
meaning of applicable Canadian securities legislation..
Forward-looking statements include, but are not limited to,
statements that address activities, events or developments that the
Company expects or anticipates will or may occur in the future,
including such things future business strategy, competitive
strengths, goals, expansion, growth of the Company's businesses,
operations, plans and with respect to exploration activities and
results, the timing and success of exploration activities
generally, permitting time lines, government regulation of
exploration and mining operations, environmental risks, title
disputes or claims, limitations on insurance coverage, timing and
possible outcome of any pending litigation and timing and results
of future resource estimates or future economic studies.
Often, but not always, forward-looking statements can be
identified by the use of words such as "plans", "planning",
"planned", "expects" or "looking forward", "does not expect",
"continues", "scheduled", "estimates", "forecasts", "intends",
"potential", "anticipates", "does not anticipate", or "belief", or
describes a "goal", or variation of such words and phrases or state
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved.
Forward-looking statements are based on a number of material
factors and assumptions, including, the result of drilling and
exploration activities, that contracted parties provide goods
and/or services on the agreed timeframes, that equipment necessary
for exploration is available as scheduled and does not incur
unforeseen break downs, that no labour shortages or delays are
incurred, that plant and equipment function as specified, that no
unusual geological or technical problems occur, and that laboratory
and other related services are available and perform as contracted.
Forward-looking statements involve known and unknown risks, future
events, conditions, uncertainties and other factors which may cause
the actual results, performance or achievements to be materially
different from any future results, prediction, projection,
forecast, performance or achievements expressed or implied by the
forward-looking statements. Such factors include, among others, the
interpretation and actual results of current exploration
activities; changes in project parameters as plans continue to be
refined; future prices of minerals; possible variations in grade or
recovery rates; failure of equipment or processes to operate as
anticipated; the failure of contracted parties to perform; labour
disputes and other risks of the mining industry; delays in
obtaining governmental approvals or financing or in the completion
of exploration, as well as those factors disclosed in the company's
publicly filed documents. Although the Company has attempted to
identify important factors that could cause actual actions, events
or results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Pinestar Gold Inc. Jeremy Ford President, Chief
Executive Officer, and director (604) 647-4487 jford@telus.net
Pinestar Gold Inc. Suite 818-602 West Hastings Street Vancouver, BC
Canada V6B 1P2 (604) 647-4487 www.pinestargold.com
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