SureTrader SureTrader
Home > Boards > US OTC > Mining/Resources >

Navis Resources Corp. (SUVRF)

Add SUVRF Price Alert      Hide Sticky   Hide Intro
Search This Board:
Last Post: 4/8/2016 5:35:35 PM - Followers: 0 - Board type: Free - Posts Today: 0



Star Minerals Group Ltd. is a diversified Canadian mineral development company with a primary focus on the rare metals and technology metals sector, headquartered in Saskatoon, Saskatchewan, Canada. Star trades on the Canadian Securities Exchange (CSE) under the symbol SUV.

LOW Issued & Outstanding: O/S





Corporate Profile

Star Minerals Group is a Saskatoon based, diversified exploration stage company, with a primary focus on strategic technology metals, and its advanced joint venture rare earth project Hoidas Lake. To advance exploration, the Company has leveraged the strength and experience of its management, board of directors and advisors to identify and acquire strategic investments that have the capability to generate cash flow with low capital expenditure costs.

The Company entered into a joint venture in an advanced rare earth project in Saskatchewan -- Hoidas Lake. Star also holds a strategic gold exploration property in the Seabee gold mining district, diamond properties in the Fort a la Corne region as well as base metal and uranium properties.  

Star Minerals Group Ltd.

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals

Star Minerals Group Ltd is engaged in the exploration and development company. The Company's projects include Anglo Rouyn, Black Lake, Collins Bay, Diane Lake, Fort a la Corne, Pistol Lake, Povol Lake and Wrangler West Farm-out.
Company Star Minerals Group Ltd.
Formerly known as Star Uranium Corporation, and prior to that, Consolidated Pine Channel Gold Corp.
Address Suite 272, 2366 Avenue C North, Saskatoon, SK S7N 5X5 Canada
Phone 306-664-3828
Fax 306-244-0042
Email Address
Ownership Class Publicly-traded corporation
Stocks CNQ: SUV
Crude Petroleum and Natural Gas Extraction (211111)
Gold Ore Mining (212221)
Copper Ore and Nickel Ore Mining (212234)
Uranium-Radium-Vanadium Ore Mining (212291)
All Other Nonmetallic Mineral Mining (212399)
Status Common shares listed on the Canadian Securities Exchange.
Executive Officers James B. Engdahl - President
Karen Frisky - CFO & Corporate Secretary

Star Minerals Group Ltd Traded on the CSE and in the USA , SUV   SUVRF


Star Minerals Group Ltd. (SUV) - Active
Industry: Mining
Symbol: SUV    SUVRF

A publicly traded Canadian based resource exploration company focused on the strategic acquisition and development of uranium, diamond, oil and gas, precious metal and rare earth properties in Canada.


News Releases



Star Minerals Group Begins Production On Montana Gold Operation
Star Minerals Group announces start of production on Montana Gold Operation


Star Minerals Group Closes First Tranche of Private Placement
Star Minerals Group closes first tranche of private placement


Star Minerals Group Announces Proposed Private Placement
Star Minerals Group announces proposed private placement


Star Minerals Group Announces Updated Exploration Activities of Joint Venture Partner
Star Minerals Group announces the updated exploration activities of Lakeland Resources


Star Minerals Group Signs MOU
Looks to Generate Cash Flows from Montana Gold Operation



• 12/24/2013

2013-1209 - New Listing – Star Minerals Group Ltd. (SUV) – New Listing – Star Minerals Group Ltd. (SUV)


Issued & Outstanding:



Company Information



272 2366 Avenue C North
Saskatoon Saskatchawan S7L 5X5


306-664-3828          306-244-0042

Listing Date

Fri, Dec 27, 2013



Fort à la Corne

Location and accessibility

The Fort a la Corne area is located approximately 65 km northeast of the city of Prince Albert, SK. The property is accessible all year round either from paved Highways 55 or 6, and then all weather roads throughout the Fort a la Corne forest area. The project consists of 49 claims, in good standing, forming a land package totalling 39,856 hectares. The Company holds a 100% interest in 39 claims and the remaining 10 claims are under 50/50 joint venture with Karoo Exploration Corp.



The target is diamond-bearing kimberlite of the type known to exist in the Fort à la Corne area. Typical examples are the Star and Orion kimberlites currently being developed by Shore Gold Inc.



The property lies near the northeastern edge of the Phanerozoic Interior Platform, which extends from the Rocky Mountains in the west, to the Precambrian Canadian Shield in the northeast. The sediment package in the area exceeds 600 m in thickness. The unmetamorphosed sedimentary rocks of the Interior Platform unconformably overlie metamorphosed basement rocks. These Proterozoic basement rocks have been interpreted to form part of the Glennie Domain that has been tectonically emplaced overtop of the Archean Sask craton. In the property area, the Precambrian basement is estimated to be at a depth of over 700 metres.

The major feature in the Fort a la Corne area is the existence of a northwest-trending kimberlite province covering a 50 km by 30 km area. These kimberlites have clearly defined magnetic anomaly signatures within a quiet magnetic background. Approximately 70 kimberlitic bodies have been drilled to date.

The kimberlite occurrences discovered to date generally comprise crater facies volcaniclastic kimberlite emplaced into Cretaceous marine, lacustrine and continental siliciclastic sediments. These sediments were laid down in, or along, a shallow epicontinental sea.

Continued Cretaceous sedimentation buried the kimberlites in marine sediments. In the northern part of the property area these cover rocks have largely been removed by glaciation to the level of the kimberlite. In the southern part of the property area, cretaceous sedimentary cover still exist over the kimberlite. Several phases of kimberlite have been noted and all phases are contained within the Cretaceous stratigraphy.

The main exploration and development activity in the area has been on the Star-Orion kimberlite complex of Shore Gold Inc. Shore reports an Indicated resource of 151.7 million tonnes of kimberlite, grading 14 carats per 100 tonnes.

Aside from diamond resources, three known banded iron formations consisting of interlayered bands of magnetite and hematite have been discovered and explored in the area. This is another potential exploration target.


Work by Star

In February 2011, a ground magnetic survey was completed by Apex Geoscience of Edmonton, Alberta. The survey was designed to analyze existing airborne magnetic anomalies and more precisely locate and define the anomalies through groundwork prior to commencing a diamond drilling program. Based upon the 2010 review by Apex of 2004 airborne magnetic data and ground confirmation, several anomalies were selected for drill testing for kimberlite. Ground geophysics also delineated obvious basement anomalies including one very strong north-south linear magnetic anomaly which could represent a deep-seated magnetite iron formation with gold and/or iron potential or a mafic intrusive such as a differentiated gabbro with nickel potential. This magnetic feature is likely rooted in the basement crystalline rocks at a depth of between 600 metres and 1,100 metres.

In August 2012, a drill program was completed on two targets, anomalies #352 and #271. Anomaly 352 cored bedrock and potentially intersected kimberlitic sedimentary rock. Drillhole, #271 was abandoned at a depth of 147m due to drill problems associated with a thick sand and gravel package. No core was recovered. While it is possible that #271 intersected bedrock at the end of hole, the magnetic anomaly is thought to have resulted from a shallow target caused by heavy mineral concentrates (including potential magnetite) associated with an extensive sand and gravel unit.  


Don's Lake

Pine East Property - "Don's Lake"

The conceptual target is a high grade, vein-type gold deposit similar to that being mined at Claude Resources Inc.'s ("Claude") Seabee Mine..The Don's Lake zone, which is a surface exposure of a high grade gold vein-type mineralized zone, has been the target of historic drilling. The property is located between the Seabee Mine and the Santoy 8 Mine, both currently being mined by Claude.


History of Exploration at Don's Lake

In 1986, Shane Resources carried out work on the property. A cut-line grid with 100-metre line-spacing was established and a VLF-EM survey completed. About 20% of the grid was mapped geologically. These data were evaluated, and nine areas were proposed for further exploration work.

In 1987, Placer Dome optioned the property from Shane Resources, and carried out geochemical soil sampling and geological mapping on the grid. Placer Dome also sampled tills on a property to the south of the Don's Lake Zone claim. Analysis of gold grains in those bulk till samples outlined a dispersion train of gold grains that was traced up-ice onto the property.

In 1996, Shane carried out prospecting, stripping and trenching, which resulted in the discovery of several gold showings. Later in 1996, Shane drilled 9 holes to test some of the showings. Subsequent work,was carried out by Claude, on behalf of Shane, in contemplation of a joint venture between them. In 2000, Claude re-evaluated the showing discovered by Shane, and did more prospecting, which resulted in the discovery of several new gold showings.

In 2002 and 2003, Claude drilled 1551.2 meters in nine holes to test some of the showings previously found. In the winter of 2006 and 2007, Claude drilled 8056 meters in 29 holes in and around the Don's Lake showing, bringing their total to 38 holes. These holes outlined a mineralized zone trending east southeasterly from the eastern end of Don's Lake. A number of intervals with significant gold grades were intersected over a strike length of approximately 80 meters to 100 meters.


Highlights of Don's Lake

1996: 9 drill holes (602 m) completed with gold assays greater than 1 g/t intersected in 8 of the 9 holes including vein intersections grading 27.60 g/t over 0.3 m core length (SH96-1), 4.49 g/t over 0.4 m core length (SH96-2) and 5.81 g/t over 0.6 m core length (SH96-6).

2002/2003: 11 holes drilled (1800 m), with 7 of the 11 holes returning greater than 1 g/t gold including vein and shear zone intersections grading 2.35 g/t gold over 6.6 m core length (SH02-02), 1.89 g/t over 9.45 m core length, including a high grade zone of 6.03 g/t over 1.4 m core length (SH03-08) and 44.07 g/t over 0.6 m core length (SH03-11).

2006/2007: 28 holes drilled (7938 m) with excellent gold mineralization intersected in a number of drill holes. Highlighted intersections for the 2006/2007 drilling are provided in the table below:

From ( m)
To (m)
Interval* (m)
Gold (g/t)
*Interval is core length. True width is unknown at present. Grams = g, Metric Tonne = t

Drilling during 2006 and 2007 by Claude Resources, on behalf of Shane, intersected gold mineralization in most of the 28 drill holes. In a number of holes, multiple parallel silicified shear and quartz vein zones were intersected within metavolcanic and sedimentary rocks trending west-northwest over a minimum strike length of 600 m. Gold mineralization is associated with pyrite, pyrrhotite, chalcopyrite in silicified and quartz vein stockwork zones. Visible gold is common. Mineralization has been intersected beneath and southeast of Don's Lake and is open in all directions, including west, east and down dip of the known mineralization.


Area Overview

The Seabee Gold Operation consists of two producing mines: the Seabee Gold Mine and the new Santoy 8 Gold Mine opened in 2010. The Seabee Gold Mine is 5 kilometers west of the Don's Lake zone where Claude commenced commercial production in December 1991. The Don's Lake zone is also adjacent to Claude's Santoy 8 mine, which is approximately 9 kilometers to the east. Since start-up, the Seabee Operation has produced approximately 1.1 million ounces of gold.  


Hoidas Lake


The Hoidas Lake Rare Earth Project, 100% owned by Great Western Mineral Group Ltd. (GWMG), is one of North America's most significant primary Rare Earth Element (REE) properties currently being developed. Hoidas Lake has one of the highest proportions of neodymium (Nd) present in any known rare earth deposit. This makes it strategically important to the permanent magnet industry as demand for permanent magnets used in "green" applications, like electric motors in hybrid vehicles and permanent magnet generators in wind turbines, is the driving force behind the rare earth industry. Star Minerals Group Ltd. ("Star") has signed a joint venture agreement with GWMG whereby Star has the right to acquire a 25-per-cent participating interest in the Hoidas Lake project by financing and completing a preliminary economic assessment report ("PEA in respect of the Hoidas Lake project by January 2016. Upon successfully exercising the first tranche and acquiring a 25-per-cent participating interest, Star will have the right to acquire an additional 26-per-cent participating interest in the Hoidas Lake project by financing and completing a bankable feasibility study in respect of the Hoidas Lake project within four years of the acquisition by Star of the initial 25-per-cent participating interest in the Hoidas Lake project, thereby giving Star a 51-per-cent ownership interest in the property.



The Hoidas Lake Rare Earth Project is located within Saskatchewan's Northern Mining District, approximately 55km northeast of Uranium City, Saskatchewan. The property consists of 14 mineral dispositions totaling 12,522 hectares. It is accessible all year round by float or ski-equipped aircraft from Stony Rapids, 130km to the southeast or Uranium City. There is all weather road access to Stony Rapids, and scheduled airlines flights to both Stony Rapids and Uranium City from Saskatoon, Saskatchewan.


Geology and Mineralization

Hoidas Lake mineralization is found in a series of steeply dipping vein sets, which cut through Archean granites and gneisses of the Northern Rae Geological Province, within the Western Craton of the Canadian Shield. The rare earth mineralization at Hoidas Lake is predominantly hosted within the minerals apatite, allanite and bastnaesite, with minor mineralization in chevkinite and monazite. The vein sets host more than 30 known rare earth occurrences within and parallel to the Nisikkatch-Hoidas Fault over a 10-km strike-length, a splay off the major Black Bay Fault, which runs southwest to Uranium City. The focus of most of the exploration effort has been the JAK Zone, located at the northern end of the mineralized fault system.

Exploration and Development

Originally discovered in 1950 as a direct result of post-WWII uranium exploration, the Hoidas Lake property saw sporadic exploration until 1999 when GWMG optioned the property and began systematic exploration work.

Initial trenching on the JAK Zone, carried out by GWMG in 1999, confirmed the presence of significant rare earth element mineralization. Since 2001 the Company has completed five drill programs on the Hoidas Lake property for a total of 184 diamond drill holes recovering 21,700 metres of drill core. On the main JAK Zone, 120 diamond drill holes have been completed, totaling 15,223 metres. This drilling is the basis for the resource estimate.


Current Mineral Resource

The current resource estimate by Barr Engineering Company ("Barr"), in the NI43-101 Technical Report Update to Resource Estmate on the Hoidas Lake Property, Saskatchewan Canada dated January 31, 2014, incorporates reported drilling results from four separate drilling programs from 2001 through to 2008 for a total of 120 diamond core holes.

This Barr resource estimate was carried out for yttrium plus the 15 rare earth elements of interest by two methods; inverse distance and ordinary kriging. The inverse distance interpolation results are used as verification of the ordinary kriging results. The results of this resource estimate are tabulated below, using a 1.5% Total Rare Earth Element ("TREE") weight percentage cut off:

Category Tonnes TREE Wt% TREO Wt%*
*TREO calculated by the Company's Qualified Person.



Metallurgical work on the Hoidas Lake mineralization has been ongoing since 2001. A preliminary flowsheet has now been designed that produces a mixed rare earth carbonate and a nitrogen phosphorous fertilizer. Overall recovery of the rare earth elements is 70% and recovery of the phosphate is 93%.



Golder Associates, of Saskatoon, are the environmental managers on the project and have substantially completed the environmental baseline fieldwork.



The Company has engaged Barr to complete a PEA report on the Hoidas Lake Project. It is expected that the PEA will be delivered in H2 2014.  

Stony Rapids

Location and accessibility

The Stony Rapids property is less than 2 km at its closest point from the settlement of Stony Rapids, which is approximately 485 km north of the town of La Ronge and is on the bank of the Fond du Lac River in northern Saskatchewan, Canada. It is centered at approximately 59° 15'N Latitude and 105° 55'W Longitude on NTS Map Sheet 74 P 04 and 74 P 05. Stony Rapids is serviced by a seasonal road which connects to the all-weather road system at Points North Landing, 202 km by road to the southeast. Stony Rapids has a paved airstrip and is served regularly by scheduled flights from Saskatoon and other points to the south. The property is accessible by a bush road from Stony Rapids. The road was constructed a few years ago by local residents to provide access to a forest fire threatening the town, and is a bit rough, but usable. Trails were constructed from that road to the drill site.



The target is an unconformity-type uranium deposit, typical of deposits currently in production in the Athabasca basin.



Geology and Uranium Mineralization Models

The Athabasca Basin consists of mostly flat lying Helikian sandstones of the Athabasca Group which were deposited unconformably on older basement rocks of Archean and Aphebian age. These basement rocks are intensely deformed, moderately to highly metamorphosed supracrustal and plutonic rocks that have a regional trend of north to northeast beneath the basin. The Athabasca Group in the area of interest are the members of the Manitou Falls Formation. These members consist of quartz arenite and pebbly quartz arenite, and a lower conglomeratic quartz arenite. Trough and planar cross-bedding are common, as are liesegang banding, with the latter being a meteoric water event. Usually the color is buff to reddish brown but where heavy mineral bands and specular hematite are present, purple coloration is dominant. The eastern area of the Athabasca Basin is one of the world's most prolific districts for rich uranium deposits. Two classifications of deposits are present: the unconformity-type and the basement-type. The unconformity deposits are at or near the base of the Athabasca Group sandstone and usually occur near Hudsonian thrust faults at the contact of the Aphebian metasediments with Archean granitoid gneisses (e.g. Collins Bay, McClean Lake). Faulting and thrusting is common in the Athabasca sandstone. The basal sandstone may be totally replaced by economic concentrations of pitchblende. Basement deposits are hosted solely in the basement metasedimentary rocks (e.g. some of the deposits at Rabbit Lake, Eagle Point). All known deposits are near the junction of northeasterly and northerly-trending faults and are close to graphitic rocks. These deposits may be up to 1000 meters long, 100 meters wide, and less than 20 meters thick and have reserves of greater than 200 million pounds of uranium. However, at Collins Bay, one unconformity deposit was less than 60 meters long, less than 60 meters wide and contained 20 million pounds of uranium. In cross section, the common model is a mushroom-shaped deposit replacing the lower sandstone, with a root zone extending into the basement rocks. The mineralization usually follows the trace of the underlying graphitic rocks on the basal sandstone and is pod-like. The mineralogy of the unconformity deposits is typically complex while the basement deposits have a simple mineralogy. The deposits are usually surrounded by extensive alteration halos of chlorite, sericite, illite and tourmaline. Silicification is common in both the basement rocks and in the Athabasca sandstone.


Property geology

The property is underlain by Manitou Falls Formation sandstones of the Athabasca Group.
Based on the geological map in the Saskatchewan Geological Atlas, the basement rocks underlying the sandstone on the property are mafic granulites. This was confirmed by the exploration work carried out to date.


Previous Work

Airborne surveys by various companies dating back to the era of the discovery of the Rabbit Lake deposit in 1968 have been done over the property. Many of the surveys were radiometric surveys, which could only detect outcropping mineralization, with negative results over the property. Old geophysical and geochemical ground surveys extended over parts of the present claims, however, other than one weak geophysical conductor and a minor geochemical till anomaly, nothing considered worthy of follow-up was discovered.


Work by Star Uranium

In 2005, the predecessor company of Star Uranium carried out a boulder sampling survey and took soil samples for enzyme leach analysis on claim S-108135 and on an old claim that covered S-107355. Two areas were sampled, each one over a weak conductor known from previous work. A boulder train anomalous in uranium, lead and arsenic was found down-ice from the northern conductive anomaly and an anomalous suite of pathfinder metals was found over the southern conductive anomaly.

In the winter of 2006, Star's predecessor carried out horizontal loop and VLF electromagnetic surveys (MaxMin) on new grid lines to confirm and locate accurately the anomalies for drilling. In 2008, Star drilled 3 holes to test the conductors outlined in the geophysical surveys. All three holes intersected Athabasca sandstone, ranging from 34 metres to 172 metres in thickness, then passed through the unconformity and into hematized basement rocks. The cause of the conductor appears to be weak clay alteration a few metres below the unconformity. In all holes uranium mineralization increased towards the unconformity and decreased rapidly away from it. Values ranged from 18.7 ppm U to 28.6 ppm U.

In 2013, the Company signed a Joint Venture Agreement with Lakeland Resources Inc., granting Lakeland an option to acquire a 100% interest in the Stony Rapids property. Under the terms of the joint venture agreement, Lakeland has the right to earn a 100% interest in the two claims by making cash payments totaling $60,000 and issuing 600,000 common shares over a 12 month period. Star Minerals Group will retain the option of a 25% buyback for 4 times the exploration monies spent by Lakeland Resources to the date that the buyback option is exercised. The buyback option will be exercisable at any time up to a 90 day period following the completion and publication of a 43-101 compliant resource estimate.  

Wollaston Lake - Collins Bay

Location and accessibility

The property is located approximately 360 km north of the town of La Ronge at Wollaston Lake in northern Saskatchewan, Canada. It is centred at approximately 58° 15' N Latitude and 103°34' W Longitude in NTS areas 64 L 4 and 5. The claim block is situated two kilometers southeast of Cameco's Eagle Point uranium deposit, two kilometers east of the Collins Bay's B Zone and 8 kilometers northeast of the Rabbit Lake deposit. Points North Landing, which is serviced by all-weather Highway 905A, is 30 km west of the property. Points North has an airstrip and is served regularly by scheduled flights from Saskatoon. For the drilling program discussed herein, the crew was housed at Points North and the property was accessed by driving from there to the barge landing at Hidden Bay of Wollaston Lake, thence easterly a distance of 13 km on the winter ice road to Wollaston Post, thence northerly a distance of 18 km to the property on an ice road cleared for that purpose. The total distance from Points North to the drill site was 75 km each way.



The target is a basement-type uranium deposit similar to that of the nearby Rabbit Lake Mine.



Regional geology

The property is situated just off the eastern margin of the Athabasca basin at Wollaston Lake, two km southeast of the Eagle Point deposit and the Collins Bay thrust fault. The Athabasca Basin consists of mostly flat lying Helikian sandstones of the Athabasca Group, which were deposited unconformably on older basement rocks of Archean and Aphebian ages. These basement rocks are intensely deformed, moderately to highly metamorphosed supracrustal and plutonic rocks which trend north to northeast beneath the basin. The Wollaston area is one of the world's most prolific districts for rich uranium deposits. Two classifications of deposits are present: the unconformity-type and the basement-type. The unconformity deposits are at and near the base of the Athabasca Group sandstone and usually occur near Hudsonian thrust faults at the contact of the Aphebian metasediments with Archean granitoid gneisses (e.g. Collins Bay, McClean Lake). Faulting and thrusting is common in the Athabasca sandstone. The basal sandstone may be totally replaced by economic concentrations of pitchblende. Basement deposits are hosted solely in the Aphebian metasedimentary rocks (e.g. Rabbit Lake, Eagle Point). All known deposits are related to the junction of northeasterly and northerly-trending faults and are close to graphitic rocks. These deposits may be up to 1000 meters long, 100 meters wide, and less than 20 meters thick and have reserves of greater than 200 million pounds of uranium. However, at Collins Bay, one unconformity deposit was less than 60 meters long, less than 60 meters wide and contained 20 million pounds of uranium. In cross section, the common model is a mushroom-shaped deposit replacing the lower sandstone with a root zone extending into the basement rocks. The mineralization usually follows the trace of the underlying graphitic rocks on the basal sandstone and is pod-like. The ore pods consist of high-grade uranium ore. The unconformity deposits have complex mineralogy, while the basement deposits have simple mineralogy.

Several fault systems have been recognized in the area:
  • northerly-trending, steeply dipping normal faults likely related to the Tabbernor fault system and
    northeast-trending, moderately trending thrust faults; the important one in the area being the Collins Bay Thrust Fault which roughly occurs at the Archean granitoid - Aphebian assemblages interface. This fault occurs two kilometers to the west of Claim Block S-108354.
The deposits are usually surrounded by extensive alteration halos of chlorite, sericite, illite and tourmaline. Silicification is common in both the basement rocks and in the Athabasca sandstone. The majority of these deposits occur close to the eastern margin of the Athabasca sandstone and exhibit varying degrees of geophysical responses and radiometric signatures.


Property Geology

The property is underlain by basement rocks of the Wollaston Domain, one of the lithostructural domains of the Churchill Province of the Canadian Shield. The Wollaston Domain possesses a linear northeasterly-trending fabric and exhibits weak migmatization as shown by the presence of abundant anatectic pegmatoid segregations. The oldest rocks in the Collins Bay area are grey colored Archean granitoid gneisses that form the basement for the overlying Aphebian supracrustal assemblages. These overlying assemblages consist of pelitic to psammo-pelitic gneisses, which are commonly graphitic, overlain by a series of calcareous to non-calcareous meta-arkoses, interlayered with subordinate calcsilicates and minor pelites and semi-pelites.

Government mapping of the land around the property indicates that it is underlain by Aphebian pelitic to psammo-pelitic gneisses and overlying calcareous to non-calcareous meta-arkoses. Examination of the core from this program indicates that much of the property is underlain by a quartzo-feldspathic migmatite.


Previous Work

The property is situated just off the eastern margin of the Athabasca Basin. The Athabasca Basin became the focus of uranium exploration following the discovery in 1968 of a new, unconformity-related, high grade type of deposit along the eastern edge of the Basin at Rabbit Lake, about 8 km southwest of the property. Major discoveries were made in the seventies (Collins Bay, Key Lake and Midwest) and the eighties (Cigar Lake, McArthur River, Eagle Point, McClean Lake and Dominique-Peter).

The property lies just to the east of the former Centre Block of Gulf Minerals who extensively explored the Rabbit Lake-Collins Bay area following the Rabbit Lake discovery. The main exploration method was to find basement graphitic rocks using their conductive property in the belief that they played a role in controlling the locations of both the unconformity-type and the basement-type uranium deposits.

During the period 1968 to 1982, Gulf Minerals flew various regional airborne geophysical surveys on their Centre Block followed by ground prospecting, mapping, geophysics and diamond drilling. In 1972, one drill program targeted a high grade uranium showing on Harrison Peninsula just to the northeast of claim S-108354. This program failed to intersect any anomalous radioactivity, but the presence of the showing confirms that there is uranium in the area. In addition, soil samples taken from the southern portion of Harrison Peninsula are anomalous in uranium (up to 30 ppm U3O8).

During the period 1978 to 1981 E&B Explorations Ltd. carried out many surveys on all or parts of a larger property that covered what is now, claim S-108354. Work which overlapped some or all of the present property included INPUT airborne EM, marine seismic, ground-based magnetic and HEM, and two drill holes. The INPUT survey outlined a weak conductor trending northeasterly through the northeastern part of the property. The seismic data were used to infer the character of the lake bottom sediments but this information has not been of use to us in the present program. The ground-based magnetic and HEM data (ice-based might be more correct) revealed a magnetic trend with only very little EM response. It is difficult to see what the target of the drill holes was. The drilling did not intersect anything of interest.

During the period 1982 to 1989, Eldorado Resources Ltd. and Cameco carried out geophysical exploration work in the claim area. This work outlined weak geophysical anomalies in the southern and western parts of the claim.


Work by Star Uranium

In 2007, Star Uranium carried out HEM and VLF-EM surveys in the northeastern part of the claim to re-locate some of the weak conductors found by previous operators, especially one conductor located near a pitchblende showing on the Cameco ground immediately to the north. In 2008, Star completed 8 drill holes, totaling 1,723 metres, to test the weak conductors. All holes intersected basement granites and gneisses but failed to outline a definitive zone of mineralization.  


Board of Directors

Jim Engdahl
Director, President and CEO
  In March of 2006, Mr. Engdahl became the president, chief executive officer and a director of Great Western Minerals Group (GWMG). During Mr. Engdahl's seven years as chief executive officer of GWMG, the company acquired key assets which positioned GWMG to become one of the first fully integrated rare earth companies in the world and raised over $150-million for GWMG's growth. Mr. Engdahl resigned as president and chief executive officer of GWMG in September, 2012, and as a director in November, 2012. Mr. Engdahl remains a special consultant to the chief executive officer and board of directors of GWMG.

Prior to GWMG Mr. Engdahl was the managing partner of Cascadia Development Corp., a corporate finance, M&A (mergers and acquisitions), and consulting group that was acquired by a major Western Canadian accounting firm where Mr. Engdahl became the managing senior partner for its corporate finance group for Saskatchewan, then later became the managing partner for Alberta. During this time he was involved in many transactions totaling in the hundreds of millions. Mr. Engdahl worked in the Canadian banking system with Bank of Montreal and as vice-president of Barclays Bank of Canada. Mr. Engdahl also previously held positions as director of Claude Resources and president, chief executive officer and director of Shore Gold, and presently sits on the board of Formation Metals Inc. and is the Chairman of the Audit Committee.

Gary L. Billingsley, C.A., P.Eng., P.Geo.
  Mr. Billingsley has worked in the mining industry for the past 45 years. He was employed as a mine geologist for several years for companies including Granduc Operating Company (an affiliate of Newmont Mining), Hudson Bay Mining & Smelting Co. Ltd., and in surface exploration for Cominco Ltd., Sherritt Gordon, and Hudson Bay Exploration and Development Ltd. In 1983, Mr. Billingsley joined Claude Resources Inc., serving as a director and officer until 1992. With Claude, he was a key part of the team that brought the Seabee Gold Mine (Saskatchewan's largest producing gold mine with over 1 million ounces produced and still producing) into production, and participated in the discovery of diamond- bearing kimberlite in the Sturgeon Lake area of Saskatchewan. In 1993 and 1994, in his role as a consultant to Great Western Minerals, Mr. Billingsley led the team that discovered two diamond- bearing kimberlites, at Candle Lake, Saskatchewan. For fourteen years, until November 2012, Mr. Billingsley served as a director and officer of Great Western Minerals Group Ltd., a TSX-V listed company. During that time he has focused on the rare earth industry and formulated the "mine to market" strategy currently being implemented by Great Western Minerals through the development of its mining project in South Africa along with operating two value-added manufacturing facilities specializing in the production of permanent magnet alloys. He currently sits on the Management Committee of the Hoidas Lake Joint Venture, operated by Star Minerals, advancing the development of the Hoidas Lake rare earth project in northern Saskatchewan.

Bill McKnight
  Mr. McKnight served Canada as a Member of Parliament for fourteen years, nine of those as a senior member of cabinet. During those nine years, Mr. McKnight held seven portfolios, including Labour, Canada Mortgage and Housing, Indian Affairs and Northern Development, National Defense, Agriculture and Energy, Mines and Resources (1984 until resigning in 1993). As a successful private businessman, Senior Minister and member of the Inner Cabinet, Mr. McKnight developed a unique strategic planning ability that is so important in today's global business environment. He is Chairman of McKnight & Associates; former director of several public companies including Cline Mining Corporation and Great Western Minerals Group Ltd.; Treaty Commissioner for Saskatchewan; and an Honorary Chief, Muskeg Lake Cree Nation.

Kazuo Machida
  Mr. Kazuo ("Kaz") Machida, MBA, worked with Itochu Corporation, one of the leading Japanese trading firms for more than 32 years. Based primarily in Tokyo, Kaz was involved with Itochu's highly competitive international trading business, specializing in the field of industrial minerals. During his career, he not only built up Itochu's international trade business, while based in Perth, Western Australia and in Singapore, but also launched many new development projects in joint venture with other leading international enterprises from around the world. Kaz is one of the pioneers in the rare earth trade in Japan, which is the most significant rare earth market after China. Itochu was the first leading Japanese trading company formally approved by the Chinese government as a friendly trading company in 1972, before the Treaty of Peace and Friendship was officially signed by both countries in August 1978. In the early 1980's, Kaz began importing rare earth products into Japan. After assuming senior executive and management positions in Tokyo, Osaka, and Singapore, he left Itochu and formed Kay Investment Limited to provide consulting service to trading and manufacturing companies. In 2006, he resumed trading rare earth oxides and metals from China to leading Japanese users and uses his considerable expertise in consulting for a diverse base of clientele, not just for rare earths, but for rare metals such as tantalum and lithium as well. Previous clientele of Mr. Machida's include prominent public companies such as Lynas Corporation Ltd., Arafura Resources Limited, and Great Western Minerals Group Limited, and private companies including Rincon Lithium Limited.

Kyle Kozuska, CIM, CFA
Director, VP Corporate Development
  Kyle graduated from the University of Saskatchewan with a Bachelor of Commerce majoring in finance and economics. Mr. Kozuska worked in the investment management business at both CIBC Wood Gundy and Merrill Lynch Canada Inc. (formerly Midland Walwyn), before founding his own money management firm. Kyle was appointed to the board of Star on October 16, 2007.

Mr. Kozuska has been the President and Chief Executive Officer of United Uranium (now Karoo Exploration Corp.), Shane Resources Ltd. and Star Uranium Corporation (now Star Minerals Group).

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Current Price
Bid Ask Day's Range
#10   Star Minerals Group Ltd. changed to Navis Resources Corp: Renee 04/08/16 05:35:35 PM
#9   Lifton with Engdahl of Star Minerals on mine sympathy4dadevil 06/14/15 03:28:48 PM
#8   SUVRF DD sympathy4dadevil 05/17/15 10:14:47 AM
#7   SUVRF DD sympathy4dadevil 05/17/15 10:14:40 AM
#6   SUVRF-The Rising Star in the Manganese Battery Space sympathy4dadevil 02/04/15 05:59:59 PM
#5   NEWS-Star Minerals Group Signs Multi-Party Memorandum of Understanding nascar_trading_pit 12/04/14 11:53:02 PM
#4   OTCBB-SUVRF SUV GOLD MINING DD sympathy4dadevil 11/26/14 01:34:29 PM
#3   NEWS-Star Minerals Group Ltd. Corporate Update sympathy4dadevil 10/21/14 01:41:32 AM
#2   Waiting on good news! GO SUVRF sympathy4dadevil 10/03/14 04:37:52 PM
#1   Latest news- Star Minerals Group Ltd. Begins nascar_trading_pit 08/12/14 06:49:55 AM