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Post by modracer on Mar 2, 2007 13:48:26 GMT -6
SASKATOON, SASKATCHEWAN, Mar 2, 2007 (CCNMatthews via COMTEX) -- Star Uranium Corp. (CA:SUV: news, chart, profile) The Company is pleased to announce that it has received a ruling in its favour from a Saskatchewan court regarding a dispute with Shore Gold Inc. (SGF.T) over ownership of 25 blocks of claims totaling 33,196 hectares in the Fort a la Corne area of Saskatchewan. The dispute began in June of 2003 and the Company is very pleased to have the matter settled in its favour. Plans for exploration on the properties are underway and a more comprehensive news release will be made in the near future outlining the nature and scope of the exploration program. The Company is well funded to carry out a significant program in 2007 and in anticipation of this ruling has formed a joint venture company called "Star Diamonds" to be a diamond specific company and is exploring the IPO of this entity. Star Uranium Corp. shares ownership of these claims on an equal 50/50 basis with United Carina Resources Corp. I but in bold a few interesting tidbits tinyurl.com/338g73Good Luck Longs, Jon
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Post by goldeagle on Mar 2, 2007 14:23:56 GMT -6
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Post by lacajungal on Mar 2, 2007 16:21:11 GMT -6
So what does this mean for us? Will we EVER know?
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Post by swampdog on Mar 2, 2007 18:43:06 GMT -6
Interesting that the name of the new company would be a joint venture company called "Star Diamonds". Swamp And this from Shore Gold's mine project. www.mininglife.com/operations/operationdetail.asp?Property=Star+Diamond"The Star Diamond Project contains a bulk tonnage diamond-bearing kimberlite 100% owned by Shore Gold Inc. The geophysical signature and early stage drilling have indicated a kimberlite body in the 500 million ton range. Shore is currently undertaking a 25,000 ton bulk sample to better determine carat values."
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Post by smokeyman on Mar 2, 2007 19:01:30 GMT -6
Swamp - arn't these two different companies!!
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Post by swampdog on Mar 2, 2007 19:21:09 GMT -6
Actually three different companies. But what I found interesting is that Star Uranium and United Carina are forming a new company called Star Diamond and that is the name of a project owned by Shore Gold, Star Diamond Project. If you had just won a lawsuit (Star and United won) why would you name your company after one of their biggest projects (Shore Gold lost)? Just seems fishy to me. Swamp
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Post by gusjarvis on Mar 3, 2007 13:40:54 GMT -6
If the above terms and conditions accurately record your understanding of our agreement, please so acknowledge by signing a copy of this Agreement in the space provided below turning the same to us at your earliest convenience. Upon your execution thereof, this Agreement will constitute a legal and binding agreement subject to its terms. The terms of the Agreement above are hereby read, understood, acknowledged and accepted by the undersigned effective the 21st day of April, 2005. ENTOURAGE MINING LTD. /s/“Gregory F. Kennedy” Gregory F. Kennedy Authorized Signatory UNITED CARINA RESOURCES CORP. /s/ Urban Casavant ___________________________________ Authorized Signatory www.sec.gov/Archives/edgar/data/1239672/000106299305001520/exhibit4e.htmIN WITNESS HEREOF, as of this 3rd day of March 2005, the Investor and the Promoter have executed this Agreement. INVESTOR: The UAJC 2005 Irrevocable Trust The MDW and GRW 2000 Irrevocable Trust /s/ Urban Casavant…………………… /s/ Michael Williams -------------------------- ----- By: Urban Casavant, Trustee ………………: Michael Williams, Trustee www.secinfo.com/d14JMk.v5y.c.htm?Find=casavant#10thPageCrystalix Group International agrees that: 1. Upon signing of this document, they will immediately begin the process to issue the shares in a name designated by Urban Casavant. 2. All notes currently due by CGI to all parties are being converted in the same manner as the notes represented by Urban Casavant and in the amounts disclosed to all parties involved. /s/ Doug Lee 11/26/05 Doug Lee, President Date Crystalix Group International, Inc. # /s/ Urban Casavant Nov 26/05 Urban Casavant Date CMKXTREME /s/ Urban Casavant Nov 26/05 Urban Casavant Date UAJC 2005 Irrevocable Trust www.secinfo.com/dsV36.zE3.d.htm?Find=casavant&Line=172#Line172Take care, BHollenegg and read the new shore pr, they are using our partner through sggm newmont minings 3-D (our) technology imo.
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Post by dcswingtown on Mar 3, 2007 14:47:41 GMT -6
SGGM is the sleeping Giant All of Shores claims were ours at one time. We are affiliated with those claims in some way IMO Here is an oldie but goody. GOTTA LOVE IT!! www.findarticles.com/p/articles/mi_m0EIN/is_2002_Nov_27/ai_94659909"Chairman Casavant went on to say, "If these projections are even remotely close, which we have reason to believe may very well be the case, then with the massive land coverage we have spent the last several years to tie-up at considerable expense, it only makes a whole lot of sense that the mines which may be discovered on our much larger properties will be a real force to reckon within the world of Diamonds" The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of it's surrounding competitors."
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