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Canada Business News and Press Releases
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(EMAILWIRE.COM, September 22, 2011 ) Press Release Distribution Services: http://tojongmboh.emailwire.com
Vancouver, B.C. -- Remstar Resources Ltd. (TSX-V: REM) (Frankfurt: W2U; WKN: A0HM01) (the "Company" or "Remstar") is pleased to announce that Fugro Airborne Surveys Corp. has completed the previously announced, property wide helicopter-borne geophysical survey.
The airborne survey was flown at 100 meter line spacing with flight lines flown at 045 degrees azimuth, perpendicular to the regional geologic trend. The entire property was flown to provide magnetic, electro-magnetic and radiometric data prior to commencement of field work.
The Company anticipates commencing the next phase of exploration, which will include follow up of preliminary geophysical targets, reconnaissance mapping and geochemical sampling.
ON BEHALF OF THE BOARD OF DIRECTORS,
REMSTAR RESOURCES LTD.
"Marc Levy"
Marc Levy
President & CEO
Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties such as the risk that the closing may not occur for any reason. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) the inability of the parties to consummate the definitive option agreement; (ii) fluctuation of mineral prices; (iii) a change in market conditions; (iv) the inability to produce the technical report for any reason whatsoever; and (v) the refusal of the Exchange to accept the proposed transaction for any reason whatsoever. Except as required by law, the Company does not intend to update any changes to such statements.
Neither the 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.
Remstar Resources Ltd.
Corporate
604-669-9788
ir@remstarresources.com
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