NEWS
RELEASE
Uranium Star Mobilizes Full-Scale Exploration Program
at Sagar
TORONTO, ONTARIO Jun 12, 2007 -- Uranium Star
(OTC BB:URST.OB)
(Frankfurt:YE5.F) is pleased to announce the arrival of the exploration team at
the Sagar Property in Northern Quebec. Uranium Star is currently deploying a
full team to the property to follow-up on the results of the Winter 2007
exploration program. The results of that campaign were highly beneficial in
further refining the target area of the potential source of the Mistamisk
Boulder Field. The twenty member exploration team will focus on drill site
preparation as the company plans for a major summer/fall drill program. The
drilling program which will utilize both reverse circulation and diamond drills
will commence prior to June 30.
The entire target area will benefit from
extensive infill reverse circular drilling and subsequent diamond drilling. The
company is mobilizing a large scale exploration initiative to the property,
completing a land-based air strip and investing in new equipment like the XFR
50 field analyzer to provide with "real time" exploration analysis to
increase the efficiency of the program.
The primary focus of this program is to
further define the potential source area of the Mistamisk Boulder Field. This
boulder field, which is approximately 500 X 250 meters in size, contains many
radioactive boulders. In a Virginia Mines report, 70 boulders assayed an
average of 1.3% Uranium (U) and 64.9 g/t Gold (Au), with values up to 4.11% U
and 640 g/t Au.
Kirk McKinnon, President and CEO of Uranium
Star, commented that, "Uranium Star remains diligent in our focus and is
increasingly confident in the prospects of success for the Sagar Property. We
are reminded that finding the source of the Mistamisk Boulder Field would
result in a world class deposit and remains worthy of our exploration efforts
and expenditures. We have an excellent and experienced team who has armed
themselves with the best equipment and knowledge available. The prize has not
changed, nor has our conviction that we are on the right path to finding
it."
ABOUT
THE COMPANY
Uranium Star Corp. is a rapidly emerging
uranium exploration company with assets in Northern Quebec and Arizona. Its
shares are traded on the OTCBB under the symbol URST, as well as the Frankfurt
Exchange under the symbol YE5. The Company continues to focus on high priority
uranium property acquisition and exploration in order to participate in meeting
the significant and increasing demand for uranium as an alternative energy
source.
Except
for historical information contained herein, the matters discussed in this
press release are forward-looking statements that involve risks and
uncertainties, including but not limited to economic, competitive, governmental
and technological factors effecting the Company's operations, markets, products
and prices and other factors discussed in the Company's various filings with
the Securities and Exchange Commission.
FOR FURTHER INFORMATION PLEASE CONTACT:
The
Buick Group
Jon
Ruby
1-877-748-0914
jruby@buickgroup.com
or
Uranium
Star Corp.
Kirk
McKinnon
President
and CEO
(416)
364-4986
1-800-818-5442
or
Uranium
Star Corp.
Richard
Schler
Vice
President and CFO
(416)
364-4986
1-800-818-5442