The LMS property is under joint venture with Corvus Gold, and during the next few weeks, First Star intends to drill 1,000m plus of oriented diamond core on the property.
Drilling will continue to assess the existing Camp Zone in an effort to expand the gold-bearing graphitic quartzite breccias and to drill a NE-striking structural corridor within the lower gneiss zone that is known to contain high grade gold mineralization.
First Star said it believes this corridor to be an important structural control for gold mineralization.
This winter drilling program will be followed up by an aggressive 5,000m plus drilling program this summer.
The company intends to have a new resource estimate completed by the end of 2011 which will also include silver.
The LMS claim block is located in the Goodpaster Mining District of Alaska.
