OTC LIVE   for International Star Inc.     OTCBB:  ISRI 
 

OTCBB

ISRI
52 Week High $ 0.69
52 Week Low $ 0.13
Market Cap 11 M
Shares Outstanding 31.7 M

Information Console
Investor Relations Home/ Profile

 

 

Office Address

631 North Stephanie Street

Suite 187

Henderson, NV 89014

Investor Relations Contact

Pat Westphal

Tel: (702) 869-8757

Fax: (702) 869-8769
ir@istarnevada.com

Webmaster Contact
webmaster@istarnevada.com

www.OTCLIVE.com

 

  Interview with Pat Westphal, Secretary / Director, Interantional Star
 

Corporate Profile

International Star Inc. (OTCBB: ISRI) was incorporated October 28, 1993 as a Nevada corporation. The company is engaged in the acquisition, exploration and development of mineral properties and has obtained mining leases and claims in Mohave County, Arizona. The development of the leases and the claims have been progressing to obtain adequate data to justify the investment of the capital necessary and to support the decision to place the properties into production. Soil analysis and assays have been performed on numerous samples with encouraging results of silver, gold, platinum and palladium. The company further has the exclusive rights to an extraction process for the recovery of precious metals.

 


 

Mission Statement

Building shareholders value is the goal of the company. At the time being, the company is evaluating and exploring its mineral properties, however the company will not limit itself to the mining sector and will seek other projects and opportunities of merit outside the mining sector and if warranted, these projects will be added to the company's portfolio. The company is in discussion with mining and financial entities with the goal of exploiting its mining properties.

 

Recent Events

 
 
An advance of $125,000.00 was received from a director for exercise of options. The stock has not been issued.
 

Management

Kamal Alawas, President
Mr. Alawas is the President / Director of the company. He has been involved in the mining industry since 1981, both as owner of mineral properties and Officer / Director of several other mining companies. Mr. Alawas serves on the board of directors of private and public companies.

Pat Westphal, Secretary / Director
Mr. Westphal is the Secretary / Director of the company. He served as the President of several publicly traded mining companies and has acted as a Consultant and an Investor Relation Coordinator for several other public trading mining companies.

 

Operations

 

PROPERTIES 

Wikieup Arizona International Star owns 51 lode mining claims (1000+ acres) located in Wikieup, Arizona. Several tests performed on this property indicates the presence of gold, platinum and palladium that warrant further investigation. This process is ongoing.

Optioned Tonnage

International Star acquired an option to purchase 1,100,000 tons of materials from claims adjacent to the company’s 51 lode claims. The company will purchase this material (mined, screened and loaded) over time as required for $ 50.00 per ton for the first 100,000 tons and $ 75.00 per ton for the remaining 1,000,000 tons F.O.B. Wikieup. In-house testing of this material shows the presence of gold, platinum and palladium. This option will provide the company with significant short term reserve potential while developing the 51 lode claims.
 
 
 

Wikieup Pit

Wikieup Pit

Dore bar cone
 
 
Detrital Wash
International Star has a 20 years mineral lease on the Detrital Wash property which does not require any minimum royalty payments but charges a royalty of 2% of net smelter return. The property is located 22 miles south of Hoover Dam on Hwy. 93, Mohave County, Arizona. International Star is refocusing its attention on the promising Detrital Wash project by widening the exploration area and will include soil and rock analysis from areas previously unexplored.
 


Detrital Wash


Detrital Wash


Detrital Wash


40 feet test hole


Detrital Wash

Head-ore


Silver, gold, platinum & palladium

Detrial Wash
 

 

Disclaimer

This profile published by OTC Live, Inc is an independent electronic publication providing information and factual analysis on selected companies. All statements and expressions are the opinion of OTC Live, Inc and are not meant to be either investment advice or a solicitation or recommendation to buy, sell, or hold securities. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. OTC Live, Inc is not a registered investment advisor or a broker dealer. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Profiles rely on information provided by the featured Companies and/or Edgar filings. While OTC Live, Inc believes its sources to be reliable, associates of OTC Live, Inc, or any affiliated parties make no representation or warranty as to the accuracy of the information provided. Readers should not rely solely on the information contained in this publication, but should consult with their own independent tax, business and financial advisors with respect to any investment opportunity, including any contemplated investment in the advertised Company.

Factual statements in this publication are made as of the date stated and are subject to change without notice. OTC Live, Inc is not responsible for any claims made by the Company. We have prepared this report, drawing upon a range of public news, the company's website and information from sources in the industry, as well as data and opinions provided by the company. Prior to issuing this report, the Company reviewed and approved the contents in writing hereof. OTC Live, Inc has not independently verified the Company's representations. Any opinions expressed in this report are statements of judgment as of the date of publication. We urge readers to carefully verify all presentations within the report independently. The receipt of this publication shall not create, under any circumstances, any implication that there has been no change in the affairs of the company profiled since the date of review. This advertisement does not provide an analysis of the Company's financial position. OTC Live, Inc of this advertisement has been compensated $7,000 for the preparation and electronic dissemination of this report by a International Star Inc.  This should be viewed as a potential conflict of interest. Furthermore, associates of OTC Live, Inc may have stock positions on profiled companies from time to time. We may profit in the event the shares of the Company profiled by us increase in value. These positions may be liquidated from time to time even after we have made positive comments regarding the Company.  The receipt of this information constitutes your acceptance of these terms and conditions.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS: Except for historical information contained herein, the statements on this website and newsletter are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the companies operations. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as ``anticipate,'' ``estimate,'' ``expect,'' ``project,'' ``intend,'' ``plan,", "anticipate", "guess", "think", "hear", "suggest", ``believe,'' and other words and terms of similar meaning in connection with any discussion of future operating or financial performance.

As a suggestion, "Never, ever, make an investment based solely on what you read in an online newsletter or Internet bulletin board, especially if the investment involves a small, thinly-traded company that isn't well known," said Nancy M. Smith, Director of SEC's Office of Investor Education and Assistance. "Assume that the information about these companies is not trustworthy unless you can prove otherwise through your own independent research." "Internet Fraud" is available on the SEC's Web Site, at http://www.sec.gov/consumer/cyberfr.htm.
 

 

The Financial Ad Trader