January 18, 2011 - Vancouver, Canada (Marketwire) - Urastar Gold Corp
("Urastar") (TSXV: URS) is pleased to announce that it is
starting a drill program to test its two gold properties located in
the Mulatos Gold Belt in Sonora State, Mexico. A total of 1500 m of
reverse circulation drilling is planned for the Jabali and Juliana
El Jabali is a 70 hectare property located only 6 km from the Mulatos
gold mine of Alamos Gold Inc. (see location map at
www.Urastargold.com). This property covers the historic La Dura gold
mine where gold mineralization of similar character to that at the
Mulatos mine was previously mined on a small scale. An area of
historic workings, geochemical anomalies and gold showings 1 kilometer
in strike length has been defined. The initial holes will be drilled
to test for extensions of the La Dura mine and other outcrops of gold
mineralization in vuggy silica altered and brecciated rhyodacite.
The second property to be tested is Juliana, a 700 hectare property
located near to Jabali and only 7 km west of the Mulatos gold mine of
Alamos Gold Inc. (TSX:AGI) The La Juliana property covers silicified
vein breccias, with native gold filling late stage veinlets, within an
area of anomalies and gold showings that is 2 kilometers in strike
length. Juliana is currently being worked for free gold by local
miners. The first holes will test for extensions of the gold
mineralization currently being mined from shallow pits.
Dr. Matt Ball, Ph.D, P.Geo., is a the Qualified Person pursuant to
National Instrument 43-101 who prepared the technical information
contained in this news release.
About Urastar Gold Corp
Urastar Gold Corp is a mining exploration and development company
focusing on gold exploration in Sonora, Mexico and Nevada, USA
targeting areas containing former producing properties. For more
information, please visit www.Urastargold.com
Tom Kennedy, President
Matt Harrington, Investor Relations
THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL
RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE does not
accept responsibility for the adequacy or accuracy of this release.
This news release includes certain statements that express
management's expectation or estimates of future performance and may be
deemed "forward-looking statements". These forward-looking
statements include plans, estimates, forecasts and statements as to
management's expectations regarding exploration. These forward-looking
statements involve assumptions, risks and uncertainties and actual
results may vary materially. For these reasons shareholders should
not place undue reliance on such forward-looking information.
United States residents are cautioned that some of the information
that may be published by Urastar may not be consistent with United
States Securities and Exchange Commission disclosure rules and may be
materially different from what the Company is permitted to disclose in
the United States and therefore United States residents should not
rely on such information.
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