VANCOUVER, British Columbia, April 15, 2002 (PRIMEZONE) -- Management of Bright Star Ventures Ltd. (CDNX:BSV) is pleased to announce the expansion of BSV's Tulameen Project, located in south-central B.C. An additional 46 claim units (the Amy and Pine Claims) have been acquired under an agreement with Network Gaming Inc. (CDNX:NGQ) whereby costs and interests are divided 50/50.
The new properties are contiguous south and east with existing BSV properties, and cover an important contact zone between the Tulameen Ultramafic Complex and the adjacent Nicola Volcanics Group.
Sediment sampling indicates highly anomalous gold and PGM values in the streams draining the new properties. Induced Polarization and airborne EM/Mag surveys have identified several large potential mineralized systems in the immediate vicinity of the stream sediment anomalies. All geophysical and geochemical data is now integrated into the BSV database, resulting in the selection of several targets for 2002 exploration.
Permitting has been completed for an extensive work program including linecutting, soil geochemistry, IP surveys, trenching and drilling. Work on the Amy and Pine Claims will be incorporated into the general Tulameen Project exploration program, slated to begin shortly.
The properties consist of two claim groups with differing terms of acquisition, which are outlined as follows; BSV and NGQ has an option to acquire 60% of the Amy Claims, Amy 3, 6, 7, 8 and 9, with 40% retained by the claimholder. If a production decision is made, interest in the claims becomes 37.5% BSV, 37.5% NGQ with 25% retained by the claimholder. All parties will share proportionate costs once a production decision has been made.
Based on the information from the BSV's 2001 airborne EM/Mag survey, the Pine Claims, Pine 1, 2, 3, 4, and 30 have been staked to strategically expand the contiguous land position and to cover additional exploration targets. These claims are owned 50% by BSV and 50% for NGQ.
Bright Star has now acquired the largest land position ever covering the Tulameen Ultramafic Complex, an historic mining area with known PGM occurrences.
For information on the company call Mr. Douglas Hickey VP Finance at 800 884-3864, or visit our Website at www.brightstar-ventures.com
On behalf of the Board "Reg Handford" President & Director
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