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Star Mountain Resources, Inc. (SMRS) Prepares for Industry Growth through Continued Exploration of Star Mountain Mining District

Star Mountain Resources is a precious metals mining company focused on the initiation, production and expansion of acquired mineral resources in the Star Mountain Mining District in Beaver County, Utah. The company’s primary project in the region, the Chopar Mine project, consists of 116 lode-mining claims and four metalliferous mineral lease sections located within a 2,320 acre area approximately five miles west of Milford, Utah. To date, SMRS’s exploration efforts have included geological analysis and a limited reverse circulation and core drilling program.

In January, SMRS took a major step toward making the Chopar project financially viable by retaining geological research and consulting company Mine Mappers, LLC. Through this partnership, the company will be able to more effectively evaluate prior exploration history and prepare a scope of work for a comprehensive exploration program to thoroughly evaluate the mineral potential of its holdings. In particular, the district’s high potential for large concentrations of skarn, which is a type of rock commonly associated with mineable accumulations of metallic ores, is an encouraging indication for SMRS moving forward.

“The presence of skarn mineralization in outcrop, in historic mines and in drill core and chips is encouraging,” Dr. Mark Osterberg, president and chief operating officer of SMRS, stated in a news release. “The extent of zones affected by contact metasomatism is potentially large enough to host ore bodies of size and grade to interest junior and major mining concerns.”

The Star Mountain Mining District, which is dotted with historic mines dating back to the late 1800s, has a long and storied history within the mining industry. Despite prior mining efforts, the company believes that the application of modern exploration tools will reveal additional resources that were previously unattainable. Leveraging the region’s mild climate and accessibility to nearby rail lines and roads, SMRS will look to translate this potential into sustainable returns in the years to come.

SMRS will utilize a discovery-based business model to grow its industry presence in the future. The company plans to thoroughly explore and initially develop its leasehold before seeking senior industry partners to assist in the capital-intensive development and operation phases. Building on this strategy, SMRS will also continue to seek quality projects that can be evaluated on their own technical and financial merit.

For prospective investors, the company’s continued exploration of its Chopar project could provide a strong platform to realize significant returns. Look for SMRS to continue to explore the geological environments of its leasehold in the coming months in an effort to determine the presence of potentially viable copper or gold deposits.

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