VANCOUVER, B.C., Oct. 8, 2002 (PRIMEZONE) -- Management of Bright Star Ventures Ltd. (TSX Venture Exchange:BSV) is pleased to announce that it has awarded a drilling contract to Aggressive Diamond Drilling Ltd. to execute a 1,500-metre first stage drill program on the DP Zone at the Company's Tulameen Platinum Exploration target.
During this past weekend, the drill rig was mobilized to the first target location and drilling commenced on the afternoon of October 5, 2002. The first series of drill holes are planned for the North East corner of the DP Zone.
The DP Zone is a magnetite deposit that trends NNW over a surface area initially measuring 1.2 km x 500 meters in size, and has been selected to be the first drill target for the 2002 exploration season. A contoured EM Mag map over the target area indicates that the central core of the DP Zone contains greater than 35% magnetite. Disseminated and fracture-controlled pyrite-chalcopyrite mineralization with malachite staining has been sampled over a large area within magnetite-rich hornblende clinopyroxenite. A Pd-Pt-Cu-Au lithogeochemical anomaly measuring 300 m x 200 m in size has been identified at this time, and this anomaly is open to the north, east and south. Over 200 soil and rock samples have shown consistent PGE and Cu occurrences in the targeted areas including a 1-meter bedrock chip sample in this zone assaying 2.08 g/t PGE with 0.17% copper.
A soil survey conducted over this area has delineated two significant NNW trending Pt-Pd-Cu soil geochemistry anomalies. Individual soil sample values within these anomalies contain up to 280 ppb Pt, 195 Pd and up to 4500 ppm Cu over a combined strike length of greater than 2 kilometers. These two well-defined soil anomalies remain open along strike and geophysical and geochemical surveys have been utilized to identify the highest priority drill targets.
The Company is currently in possession of the drill core from the first hole now completed and in the process of analyzing, prior to logging and splitting the core for assay purposes. Results will be reported as soon as they are available.
For information on the company call 1-800-884-3864, or visit our website at www.brightstar-ventures.com
On behalf of the Board
"Reg Handford"
President & Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.