Vancouver, B.C., June 5th, 2014: Desert Star Resources Ltd. (TSX-V: DSR) (“Desert Star” or the “Company“) is pleased to announce that it has completed an exploration field program on its Red Top property, located 8.5 km from the town of Superior, Arizona. The field program included geological mapping, sampling and an alteration study utilizing Terraspec analysis, and has delineated a 1,400 meter by 1,500 meter zone of intense illite ± pyrophyllite alteration. The Company interprets this alteration zone to be the upper portion of a porphyry system.
“We are pleased with the results of the exploration program at Red Top. The alteration study confirms that we have an untested porphyry center exposed at surface measuring 1,400 meters by 1,500 meters in a world class copper belt,” stated Desert Star’s President and CEO Vince Sorace.
2013-2014 Exploration Program
The exploration program consisted of 1:5000 scale geological mapping and sampling as well as a short wave infrared (SWIR) alteration study using a Terraspec 4Reg; Mineral Analyzer. The Terraspec is able to identify minerals (often clays) that are indistinguishable by visual inspection, and which can provide vectors towards mineralization in distal porphyry to epithermal settings. The objective of the field program was to advance Red Top to the drill testing stage.
Geological Mapping and Sampling
The Company conducted a 12-day geological mapping and sampling program at Red Top in order to verify and expand previous mapping on the project. Geological mapping at 1:5000 scale identified narrow diabase intrusions as well as intermediate to felsic porphyritic dykes which are believed to be Laramide age within the intensely altered Pinal Schist. Visual alteration mapping identified a sericite alteration zone measuring 3 kilometers by 1 kilometer (Figures 1 and 2).
The alteration study consisted of 162 samples (sample spacing varied between 50 meters and 200 meters). The goal of the study was to determine the clay mineralogy within the alteration footprint and assess whether the alteration may be related to a porphyry copper system at depth.
Figure 1. Geological map of the Red Top Property. Geological mapping combined with an alteration study (Terraspec®) has delineated an alteration zone that measures 1,400 x 1,500 meters, which the Company interprets to represent the upper levels of a porphyry system.
The Red Top alteration footprint is characterized by a broad illite-bearing zone cored by pyrophyllite ± illite center. The presence of pyrophyllite suggests that the current erosion level has exposed the upper levels of a porphyry system. Previous rock chip sampling obtained elevated copper concentrations within this leached alteration zone of up to 384.00 ppm (Figure 1).
About Red Top Project
The Red Top Project consists of 148 unpatented federal lode mining claims covering 1,172 hectares, located 8.5 km from the town of Superior, Pinal County, Arizona, and is road-accessible year-round. The Red Top Project is situated 8 km northwest of the Resolution Copper Project, a joint venture project owned by Rio Tinto and BHP Billiton, and which is one of the world’s largest undeveloped copper projects. The Red Top project is under option from Eurasian Minerals Inc. (TSX-V: EMX; NYSE MKT: EMXX). The Company cautions that it is not implying that it will obtain the same or similar results as the Resolution Copper Project.
Figure 2. Interpreted geological cross-section (looking north) showing the relationships between Tertiary intrusions, Precambrian sedimentary rocks, the current and Laramide paleo-erosional surface and an inferred porphyry system at depth beneath the intense illite-pyrophyllite- pyrite alteration surface footprint at Red Top.
The Red Top Project is prospective for bulk tonnage supergene (oxide) and hypogene (sulphide) porphyry copper and molybdenum mineralization (Figure 2). The property contains an abundance of (oxidized) sulphides, and together with the style, size (greater than 1,500 meters of exposed strike length) and intensity of advanced argillic hydrothermal alteration (pyrophyllite-bearing), the zoned copper-molybdenum footprint (which based on rock chip samples is greater than 1.5 kilometers in length) and presence of favorable Laramide age porphyritic intrusions suggest that the Red Top Project represents a high-level intact porphyry system.
Desert Star is also pleased to announce that Mr. Daniel MacNeil, MSc PGeo, has been appointed as the Company’s Vice President Exploration. Mr. MacNeil has occupied the role of Project Acquisition and Development at Desert Star for the past two years.
Dr. Alan J. Wainwright, PhD PGeo, a Qualified Person as defined by National Instrument 43-101, has read and approved all technical and scientific information contained in this news release. Dr. Wainwright is a consultant of the Company.
About Desert Star Resources
Desert Star is a Vancouver-based mineral exploration company focused on the identification, acquisition and development of copper and gold projects located in top-tier mineral belts in the southwestern United States that contain significant historical production, existing mining infrastructure and an established mining culture.
President and CEO, Desert Star Resources Ltd.
For further information regarding Desert Star, please email firstname.lastname@example.org or visit our website atwww.desertstar.ca.
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that may be deemed “forward-looking statements”. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Desert Star believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such risks and uncertainties include, but are not limited to, Desert Star’s ability to raise sufficient capital to fund its obligations under its property option agreements and for general working capital purposes; changes in economic conditions or financial markets; the ability of Desert Star to obtain the necessary permits and consents required to explore and develop the projects; the ability of Desert Star to drill for and find mineral resources, and monetize any mineral resources discovered or acquired; and changes in environmental and other laws or regulations that could have an impact on the Company’s operations. Forward-looking statements are based on the beliefs, estimates and opinions of Desert Star’s management on the date the statements are made. Except as required by law, Desert Star undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.