Nevada Star Resource Corp. Announces Positive Results for 2005 Exploration Program at MAN Alaska Cu-Au Project

Nevada Star Resource Corp. has announced the results of its 2005 exploration program at the MAN Alaska Cu-Au Project, a 725-square-kilometer copper-gold project located in south-central Alaska. The program aimed to better define the geology and controls on mineralization, and to identify potential targets for further exploration. The company has obtained promising results, including high-grade copper and gold assays, and the identification of new hydrothermal alteration zones and metal associations.

Key Takeaways:

• The 2005 exploration program at the MAN Alaska Cu-Au Project involved geological mapping, rock and soil sampling, and ground magnetic surveys, with a focus on the north and west parts of the project area.
• The program collected 130 rock samples, with maximum assays of 2.06% Cu, 7.22 g/t Au, and 42.1 g/t Ag, including a sample with the highest Au value measured to date for the project.
• Field examinations and geochemical modeling revealed major albitized and silicified zones, carbonate veins and stockworks, and breccia zones associated with fault zones cutting serpentinized picrite, altered gabbro and sedimentary rocks.
• Mineralogical studies are ongoing, but field examinations have tentatively identified pyrite, pyrrhotite, chalcopyrite, bornite, chalcocite, and perhaps tenorite.
• Strong correlations between Au and other elements were observed, suggesting gold in selenide, telluride, and sulfide mineral phases.
• Drill data from previous explorer Pioneer in 1974 was obtained by Nevada Star, including intercepts of 1.31% Cu over 9 meters, 0.71% Cu over 21 meters, and 0.7% Cu over 8 meters in three separate holes.
• The results support the concept of high-grade lode Cu-Au (Ag) targets, and attractive targets remain open laterally and vertically, warranting drill testing.

Statistics:

• The MAN Alaska Cu-Au Project covers an area of 725 square kilometers in south-central Alaska.
• The 2005 exploration program collected 130 rock samples, with maximum assays of 2.06% Cu, 7.22 g/t Au, and 42.1 g/t Ag.
• Only less than 20% of the entire MAN Alaska Cu-Au Project area has been covered by grid geochemical sampling and ground geophysics.
• Two hundred and sixty new claims were added to the property position in 2005.

Sources:

• Nevada Star Resource Corp. press release, November 9, 2005
• Nevada Star Resource Corp. website, www.nevadastar.com