Goynuk East

RNS Number : 9795D

Tri-Star Resources PLC

03 April 2014

 



Tri-Star Resources plc ("Tri-Star" or the "Company")

Göynük East licence upgrade

3 April 2014

Tri-Star is pleased to report an update in relation to its exploration licence area at the Göynük Project in the Murat Dagi mountains of western Turkey.

The property comprises a mining licence of 24.68 hectares and is within an exploration area of 783.28 hectares. A further exploration area (# 3181964) was awarded in June 2011 contiguous to the East of the original area ("Göynük East") of 685.9 hectares bringing the total exploration area holding to approximately 1,479 hectares. The area is predominantly forestry land supervised by the Turkish Department of Forestry.

The Company is pleased to report that the exploration area at Göynük East has now been upgraded to a mining licence. Further permitting is however additionally required to particular permit areas within the Göynük East area, in order for a mining and operations permit to be issued and for future mining operations to take place.

Additional information on the Göynük Project is contained in the technical report entitled "Technical Report on the Goynuk Mine and Vicinity, Gediz Municipality, Kutahya Province, Turkey" dated July 31, 2013, with an effective date of June 19, 2012, prepared by Allan P. Juhas, Ph.D., CPG available at www.tri-starresources.com/investors.

Enquiries:

Tri-Star Resources Plc Emin Eyi, Managing Director Brian Spratley, Technical Director	Tel: [phone] Tel: [phone]
SP Angel Corporate Finance (Nomad and Broker) Robert Wooldridge / Katy Birkin	Tel: [phone]
Yellow Jersey PR Limited (Financial PR) Dominic Barretto / Kelsey Traynor	Tel: [phone]
Keith, Bayley Roger & Co (Joint Broker) Brinsley Holman	Tel: [phone]

 

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