Home > Boards > US OTC > Delisted > Star Mountain Resources Inc. (fka SMRS)

SMRS Takes a Closer Look at Potential “Gold Mines”

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
QualityStocks Member Profile
Member Level 
Followed By 424
Posts 40,658
Boards Moderated 2
Alias Born 05/08/06
160x600 placeholder
QualityStocks Member Level  Tuesday, 03/29/16 08:51:32 AM
Re: None
Post # of 77 
Compensated Awareness Post - View Disclaimer
SMRS Takes a Closer Look at Potential “Gold Mines”

Star Mountain Resources, Inc. (OTC: SMRS) focuses its efforts on acquiring mineral properties that have both high and valuable output potential. The company intends to grow by cultivating and consolidating mining claims, historic mines, mineral leases, and producing mines. Star Mountain Resources believes that the business climate is favorable for the low-cost acquisition of high value mineral properties. For example, its Balmat zinc mine acquisition will help the company move from junior explorer to active producer with its high output and the rising value of zinc. Through sample analysis and historical data, Star Mountain Resources will continue to carefully select these high potential mines for valuable precious minerals.

When precious metal mining companies investigate an area, they look for certain geological markers that signal a deposit. From studies of magnetic data in the Star Mining District of southern Utah, Star Mountain Resources recognized that there were significant contact zones that most likely yielded desired metals. Contact zones are areas of sediment, like limestone or dolomite, which had contact with cooling magma for thousands of years. During that cooling period, chemical reactions occurred that resulted in the accumulation of metallic ores like iron, tungsten, silver, gold, and zinc. In other words, the extreme pressure and heat from the magma washed away minerals from the sediment and replaced them with new, valuable ones. That calcium-rich rock is called skarn, a promising marker for mining companies if present.

Star Mountain Resources analyzes core samples and large outcrops of bedrock that have risen to the surface for indicators of what lies beneath. It also uses data from historical mines to further interpret its findings. The company then estimates how much skarn is underground, which can prompt further onsite testing. Currently, Star Mountain Resources operates the Chopar Project in the Star Mining district, which has high potential of gold and silver within a concentrated amount of skarn. The company states that the “presence of skarn mineralization in outcrop, in historic mines, and in drill cones and chins is encouraging.” Plus, southern Utah offers favorable conditions to mining operations with its mild climate and railroad accessibility.

Only with careful consideration and pre-sample analysis does Star Mountain Resources decide to move forward with a mining operation. This attention to data affords the company fewer risks with new ventures. By continuing this meticulous approach, the company aims to continue advancing through the precious minerals industry by acquiring valuable assets.

For more information, visit www.starmountainresources.com

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist