NEWS
RELEASE
July 5, 2007
Uranium
Star Provides Exploration Program Update
for the
Sagar Property in Northern Quebec
Uranium Star Corp.
(OTCBB:URST)(FRANKFURT:YE5) is pleased to provide an update on exploration
activities on the Sagar property in Northern Quebec.
In one of the more promising
target areas on the property anomalous uranium was detected from soil samples using the
InnovXsystems-X50 XRF mobile analyzer. Subsequent prospecting in the area
yielded radiometric readings from 5,000 to greater than 10,000 counts per second
(CPS). Past work has indicated that anomalous gold was
also present in the overburden.
This is a significant step
forward in defining specific drilling targets on the property. A reverse circulation
(RC) drill has been repositioned to work on this specific target area.
Drilling is currently underway.
In order to protect Uranium
Star’s interest in the area, 13 additional claims have been acquired
along the western boundary of the Sagar Property. These claims are adjacent to the
highly prospective area described above.
To date, the Summer 2007 program
has completed 11 reverse circulation drill holes and 4 diamond drill holes. In excess
of 3,500 soil samples, have been collected and are continuing to be analyzed
onsite.
Other target areas on the
property have also shown distinctly anomalous situations and will be followed
up with either reverse circulation and/or diamond drilling.
The above exploration activity is
occurring as scheduled and is designed to identify the potential source area of the
Mistamisk Boulder Field as well as other potential sources of gold and uranium
mineralization. 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 64.9g/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 “We have always believed that where there is
smoke, there should be fire. We are now just beginning to see some indications
of flame at the Sagar property.”
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.
QUALIFIED PERSON
Craig Scherba, PGeo, is the
qualified person on the project and supervised the preparation of the technical information
in this release.
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.
CONTACT INFORMATION
Uranium Star Corp.
Kirk McKinnon
President and CEO
(416) 364-4986 or 1-800-818-5442
or
Uranium Star Corp.
Richard Schler
Vice President and CFO
(416) 364-4986 or 1-800-818-5442
Website: www.uraniumstar.com