Monday, November 24, 2008

Tri-Star Holdings Inc. (TSHL.PK) Makes the News with Wickenburg Mine Operations

Tri-Star Holdings, Inc. is an up and coming diversified holding company that is targeting developing and undervalued technologies with massive potential for return and increased shareholder value. Based out of Florida, Tri-Star is operating in two principal industries through its medical and noble & precious mining divisions.

The company’s primary goal is to continue to develop its diversified operations while acquiring further asset-based companies that are either generating revenues or have proven assets with the potential for large profit margins. Lately, the company’s precious mining divisions have taken center stage at Tri-Star and have gained the company national recognition.

On November 19th, Tri-Star announced that several developments have taken place at the Company’s gold placer mining claim on the Hassayampa River in Wickenburg, Arizona. Tri-Star CEO Anthony Mellone and Director of Security Gordon Graham have been on location overseeing placement of equipment, additional equipment purchases and conducting video interviews for public release.

Azrock Mining arrived with the company’s trammel refinery and assorted equipment for initial placement and operations. The equipment was placed for initial processing tests and Azrock officials, together with Mr. Mellone and Mr. Graham, began processing raw earth. The company also purchased a 2,300 gallon water truck to temporarily meet the on-site water needs of the processing operations until a well is established on the property. Management stated that operations will continue and anticipates announcing its first production results early this week.

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