Emergent mining company International Star, Inc. has opened an office in Tucson to meet with local mining contractors, arrange potential investor site visits and develop investor relations, the firm announced Wednesday.
Headquartered in the Northeastern United States, the firm looks to expand in Arizona thanks to substantial claims in the Black Mountains. The Tucson office is expected to support operations at a burgeoning gold operation and in turn stimulate the local economy.
Geologists were dispatched to the Van Deeman Gold Project near Kingman to perform a variety of tasks led by mining consultant Joe Bardswich. The mission served several purposes, but most significantly was dispatched to confirm data that could increase the size of the existing historical reserve and be useful in generating a technical report on the project, in compliance with Securities and Exchange Commission regulations.
“Once the results are integrated with our existing data, we will provide updates to the investment community,” CEO Mike Shea said.
International Star’s board and management are experienced mine operators and developers with experience from successful gold companies and a proven ability to develop and grow production for the benefit of the company's shareholders.
The Van Deeman mine, located 50 miles northwest of Kingman in Mohave County, is believed to date from the 1930s.
International Star’s primary focus in Arizona is to bring the project into production, subsequently generating cash flow to enable growth and sustainability.
With a population of 28,000, Kingman has a well-developed infrastructure of stores and shops for supplies, restaurants and motels along with a number of construction companies. Las Vegas is 85 miles northwest of Kingman.