WSR-Metalex-Arctic Star Joint Venture Announces a Correction on the Hole 5.01-09 Co-Ordinates in Press Release Dated June 16, 20
June 16 2008 - 12:47PM
Marketwired
KELOWNA, BRITISH COLUMBIA ("Metalex"), WSR Gold Inc. (TSX
VENTURE: WSR), and Arctic Star Diamond Corp.'s (TSX VENTURE: ADD)
("Arctic Star") announce that there was an error in their press
release dated June 16, 2008. The co-ordinates of Hole 5.01 -09 were
misstated at 1+50E, 0+00N. The actual co-ordinates of the hole are
1+50E, 1+00N. This is a significant step out from the previously
released Hole 5.01 -06 (see press release dated June 4, 2008)
showing growth and continuity over a 50 meter step out to the north
of hole 5.01 -06.
The table should have read as follows:
---------------------------------------------------------------------------
Location Hole Mineralization
-------------------------------------------------------------
Hole E.ing N.ing Dip Az EoH From To Width Visual
No Description of
Mineralization
-------------------------------------------------------------
meters meters meters
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Minor iron,
copper
5.01-09 1+50E 1+00N -60 180 249.7 42.0 103.5 61.5 sulphides
---------------------------------------------------------------------------
Semi-massive,
iron, copper,
zinc
103.5 154.0 50.5 sulphides
---------------------------------------------------------------------------
Iron,
copper,
zinc
154.0 183.8 29.8 sulphides
---------------------------------------------------------------------------
Semi-massive
iron,
copper, zinc
183.8 201.2 17.4 sulphides
---------------------------------------------------------------------------
Near-massive
iron,
copper
201.2 235.4 34.2 sulphides
---------------------------------------------------------------------------
The anomaly 5.01 Project is managed and operated by Metalex for
the Joint Venture partners under supervision of Dr. Charles Fipke,
Chairman of Metalex. Dr. Fipke and John Harvey, P.Eng, a consulting
geologist for WSR, prepared this release.
John Archibald, P.Eng. and a Qualified Person, has reviewed the
drill core and confirms the visual descriptions described herein.
Assay results are pending for all holes completed to date.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press
release.
Contacts: Metalex Ventures Ltd. Chad Ulansky President and Chief
Executive Officer (250) 860-8599 Email:
culansky@metalexventures.com Website: www.metalexventures.com
Arctic Star Diamond Corp. Patrick Power President (604) 689-1799
Email: ir@arcticstardiamond.com Website:
www.arcticstardiamond.com
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