Klondike Star Scoping Study Expanded to Assess Energy Alternatives for Lone Star Mine Development.SEATTLE -- Donald W. Flinn, Vice President, Operations for Klondike Star Mineral Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :KDSM KDSM Korea Defense Service Medal (US DoD) ) is pleased to announce a wind energy resource assessment has been initiated on the Lone Star Lone Star (or Lonestar) may refer to:
Klondike Star has contracted with Leading Edge Projects Inc. and partners, one of the most proven and knowledgeable northern wind development groups in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. with experience serving mining projects, to design and install wind resource monitoring equipment that can accommodate northern temperature and icing conditions In aviation, icing conditions are those atmospheric conditions that can lead to the formation of water ice on the surfaces of the aircraft, or as carburetor icing within the engine. Inlet icing is another engine-related danger, often occurring in jet aircraft. . In 2001, John Maissan, P.Eng., President of Leading Edge Projects Inc. received the R.J. Templin award for technical leadership in the development of northern wind technology in Canada from the Canadian Wind Energy Association (www.canwea.ca). "Klondike Star is delighted to attract the services of a superior team of wind energy specialists to determine what role this renewable energy alternative can play in the supply mix for Lone Star Project mine planning", said Hans Boge, President, Klondike Star Mineral Corporation. Boge also said, "Furthermore, our efforts to prepare a thorough and top notch scoping study underline our vision which is to explore for and develop new mines". The first wind monitoring tower is expected to be installed on the top of the Eldorado Dome in June, complete with a battery bank supplied by power from smaller wind turbines. If, as expected, sufficient wind is available, the site and others in the general vicinity can accommodate at least a 5-10 megawatt wind farm. Klondike Star's Environment and Sustainable Development Policy drives the company focus on energy conservation and efficiency and a preference for renewable energy solutions for its electrical power and energy requirements. The Lone Star Project is an advanced, late stage exploration project that is being studied for potential mine development. About Klondike Star Klondike Star Mineral Corporation is an established exploration and development company actively working on eight major properties in the Yukon Territory, Canada. Klondike Star Mineral Corporation is developing mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. zones on a 390 square kilometre (150.6 square miles) land position underlying the site of the Klondike Gold Rush Klondike gold rush Canadian gold rush of the late 1890s. Gold was discovered on Aug. 17, 1896, near the confluence of the Klondike and Yukon rivers in western Yukon Territory. The news spread quickly, and by late 1898 more than 30,000 prospectors had arrived. , and 93 square kilometers (35.9 square miles) of select high potential targets in other parts of the Yukon. The famous Klondike goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. have been in constant surface mining production since the discovery of gold in 1896. Thousands of ounces of gold continue to be produced from placer mining operations each year on streams in the Klondike. The company owns extensive subsurface and surface mining rights in the Klondike mining district. The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. |
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