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May 18th, 2009
VANCOUVER - Gold Star Resources Corp. (OTC Bulletin Board: GXXFF; TSX-V; GXX) www.goldstarresources.com announced today the launch of a non-profit entity called Gold Star Humanitarian Society as part of the Canadian company’s commitment to contributing to the social welfare of the Liberian people throughout its resource exploration permit area within the Roberts and Bassa Basins of south coastal Liberia. GXX, based in Vancouver, BC, is focused on high-impact onshore opportunities in the petroleum systems of West Africa, with its initial acquisition onshore Liberia where previous exploration was never completed due to political unrest, but has been stabilized recently.
“We created the Gold Star Humanitarian Society as a separate non-profit entity to provide much needed social welfare programs to the communities within the boundaries of our initial permit area, currently in Grand Bassa and Margibi counties,” said Patrick Morris, president and CEO of GXX. The junior resource company is the holder of the Hydrocarbon Reconnaissance License (No. NR-001) that was issued earlier this year by the National Oil company of Liberia (NOCAL).
The tiny West African state of 3.5 million people was largely destroyed by civil conflict that began with a coup in 1980 and lasted until 2004. “The civil conflict had devastated every sector, leaving lives and properties damaged, especially the public facilities/infrastructure that were destroyed or taken away completely. As a result, many communities today lack basic necessities of life. There are also very high rates of illiteracy, poor healthcare services, and high rates of disease.
“The Society’s mission is to contribute to a better way of life for the local people by providing medical, educational and nutritional necessities. Funding will be deposited on an ongoing basis to meet the needs of our agreements with government and short- and long-term goals,” said Morris.
The Society’s social programs are being coordinated on the ground in GXX’s permit area by Hassan Hassan, who is being assisted in the implementation of the Society’s projects by GXX’s Liberian staff.
“The Society has an office and Liberian staff in-place in Monrovia, the capital, who have already begun working in the permit area by documenting needs and potential solutions,” said Morris. “Marshall City in Margibi county is the first city the Society is beginning its social programs with projects such as repairing water wells and assisting schools and medical clinics there.”
Source: Gold Star Resources Corp.
Patrick Morris of Gold Star Resources Corp., +1-604-641-4450, pm at goldstarresources.com
Filed under Business, Government and Policy, Health, Health Care / Hospitals, New Products / Services, Not For Profit | Tags: Africa, British columbia, Gold Star Resources Corp., Vancouver | Comment Below
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