Megastar to Purchase a 100% Interest in Cerro Minas Property, Mexico


VANCOUVER, BC / ACCESSWIRE / October 16, 2019 / Megastar Development Corp. (“Megastar”, or the “Company”) (TSXV:MDV)(Frankfurt:M5QN) is pleased to announce that it has entered into an option agreement (the “Agreement”) with Gunpoint Exploration Ltd. (“Gunpoint”) and Gunpoint’s subsidiary, Minera CJ Gold S.A. de C.V. (“CJ Gold”), whereas the Megastar, through its wholly-owned subsidiary, Minera Mazateca, S.A. de C.V. (“Mazateca”), may acquire a 100% interest in the Cerro Minas mineral concession (title # 234333) having a surface area of 899 hectares, located in the state of Oaxaca, Mexico (the “Property”).

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