FT. LAUDERDALE, FL, Oct 30, 2008 (MARKET WIRE via COMTEX) -- TRI-STAR HOLDINGS, INC. (PINKSHEETS: TSHL), a publicly traded company currently on the Over the Counter, announces Anthony Mellone's visit to COS #1 & #2 with Gordon Graham to inspect area for security implementation. Scott Spooner, company Geologist, accompanied Mr. Mellone on their visit to the site. Samples were extracted and as we speak are being sent to Tucson, where an analyst will determine the quality and the amount of reserves in the property. Samples that were taken clearly illustrated fantastic contents of gold, silver, lead and turquoise.
Tri-Star CEO Anthony Mellone stated, "We have now begun operations in Arizona. This was extremely exciting to watch Mr. Spooner reconfirm what was already confirmed, but also to have first hand confirmation that everything was correctly in place for continuous excavation. I was also given a crash course in mining samples from Mr. Spooner, allowing myself to be much more knowledgeable when determining the content of the samples. We are also now finalizing the agreement with Wickenberg and will be testing the property's ore samples soon. At that point we shall decide which location shows the pr omising sample results, in which we will ramp up to full scale operation in order to increase revenue placement for the company. This will add a tremendous value for our shareholder base and we will continue our pledge to extract and refine gold and other precious metals as fast as we can."
The Salome Claims COS #1 & #2 are located adjacent to the historic Bunker Hill and Hercules mines and are estimated to contain over $500,000,000.00 in gold ore. Management stated last week that samples have already been collected from both of the properties and are currently being delivered to the assay office in Tucson, Arizona. In addition to a high concentration gold vein, the properties are known to have large amounts of silver, copper, and lead, further diversifying the company's metal interests in line with management's vision of growth for its metals industry division. New details about the COS mineral rights claims, including pictures and reports will be updated on the company's websites www.tristarcorporate.com and www.tristargold.com.
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This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Rapid Fitness, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.
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