CSE SYMBOL: SRS

Stellar Project

Shamrock's Stellar Project consists of the 100% owned Stellar claims (2,343.5 ha.) and the recently announce agreement with an arm’s-length private vendor to acquire a 100% interest in the adjoining Buckley mineral claims. The Stellar Project is located approximately 57 kms southwest of Houston B.C. The combined mineral properties cover an area of 17,661 hectares, and partially surround  ML Gold’s exciting new Stars porphyry discovery.

Rationale for the Acquisition

Shamrock’s Buckley and Stellar properties lie along the northwestern margin of the Nechako Plateau in west-central British Columbia, bordering the east side of the Coast Mountains. The property borders the eastern, western and, perhaps most importantly, the northern part of ML Gold’s exciting new Stars porphyry copper-gold-silver-moly discovery. The Stars porphyry discovery represents a possible higher-grade porphyry discovery in an area of excellent access and infrastructure. Shamrock’s northern claims, including the newly-acquired tenures, cover a prominent NNE trending group of regional aeromagnetic highs that include one coincident with the Stars discovery and it’s intrusive host rocks (please see map at http://www.shamrockresources.com/images/Shamrock%20Stellar-Buckley%20Claims.png ). On February 28, 2018  ML Gold reported that drillhole #4 intersected 40.2 metres of 1.02% copper equivalent (CuEq) within a broader interval of 204 m of 0.50% CuEq close to surface.  Drilling at Stars targeted an area approximately 100m southeast of an area of previous drilling, where in 2001 drillhole DDH CS-07 intersected 142m of 0.25% copper was intersected.  The 2018 discovery hole targeted an area of elevated magnetic signature that was coincident with both IP chargeability and copper-in-soil geochemical highs.

Charles J. Grieg P.Geo., a Director of Shamrock, stated, “Speculatively, Shamrock’s northern tenures are believed to cover intrusive rocks, marked by airborne magnetic highs, which could host mineralization—these will be the main targets for this season’s exploration in the area.”

 The Company is in the process of planning more detailed airborne magnetic surveys, as well as stream sediment and soil geochemical surveys over the newly-acquired ground.  Should the airborne surveys provide encouragement, follow-up work will include more detailed geochemical and possible ground geophysical work, with the aim of outlining diamond drill targets.

Shamrock Stellar-Buckley Claims