All Star Minerals plc
LSE : ASMO

October 19, 2009 02:30 ET

Gilpas Results from Phase 1 Radon Cup Survey

                                                                                       19/10/2009

                                                                        GB00B12T7004/GBP/PLUS-exn

                                       ALL STAR MINERALS PLC
                                                 
                                   ("All Star" or the "Company")
                                                 
      Results received from Phase 1 Radon Cup Survey at the Gilpas uranium project in Sweden


HIGHLIGHTS

    *     Two Alpha Track radon detector cup surveys completed at the Gilpas uranium project in
          Sweden.

    *     Phase  I  survey detects large radon anomaly (c.300 metres wide x c.100 metres  long)
          indicating a potential bedrock source area of high-grade uranium bearing boulders that 
          were identified by the Swedish Geological Survey from 1980-1981

    *     Phase II follow up radon cup survey completed
               
    *     Phase II results expected in November 2009


All  Star, the Swedish focused uranium exploration and development company, is pleased to announce
that  two radon detector cup surveys have been completed at its Gilpas uranium project in northern
Sweden.

PHASE I RADON SURVEY

In the initial survey, details of which were provided in the press release of 6 July 2009, a total
of  192  sensor cups were placed at a depth of 50 centimetres in the glacial till soil  at  Gilpas
along  7  parallel  gridlines at c.25 metre intervals along each line,  with  about  a  100  metre
distance between the lines. The lines were along a north-west/south-east direction, so as to be in
line with the glacial ice flow carrying the boulders that returned up to 29% uranium in 1980-1981.

Of  the 192 sensor cups placed in the soil at the start of August 2009, only 12 were unable to  be
sent  to the laboratory in Vancouver for analysis following natural disturbance from water  inflow
and local fauna.

PHASE I RESULTS RECEIVED

The results received from the first phase of the radon survey at Gilpas have revealed a continuous
radon  anomaly  of c.300 metres wide by c.100 metres long, but of unknown depth.  The  anomaly  is
partly associated with known uranium boulder sites, but extends further north-west than previously
expected. As such, this radon anomaly indicates a target source area for the uranium boulders that
is  located outside of the sampled area of the phase I radon cup survey, but within the  company's
exploration licence.

PHASE II OF RADON SURVEY

In  order to understand the extent of the radon anomaly revealed from the phase I survey,  further
targeting  of  this  anomalous area commenced in mid-September 2009, with lines extending  several
hundred metres north-west of previously sampled lines.

The  phase  II survey saw 100 sensor cups placed in soils in the same manner as the first  survey.
The cups have all been collected, sealed, and sent to the laboratory in Vancouver for analysis. It
is anticipated that results from this second radon survey will be returned by November, 2009.

The  final  results will enable the Company to identify anomalous zones with a view to potentially
drill testing in the first quarter of 2010.

SIGNIFICANCE OF RADON GAS

Radon  gas  is produced as a decay product of uraniferous minerals. It is very mobile  and  passes
easily  through  fractured rock and into the soil cover. Positive results from  the  radon  survey
undertaken  at  Gilpas  will give substantial support to the concept that  the  project  may  host
uranium mineralization.

THE GILPAS URANIUM PROJECT

The  Gilpas uranium project comprises two contiguous licences that cover a total area of 51 square
kilometres.  Gilpas  is  located  in  the Arjeplog Uranium District,  and  is  situated  about  10
kilometres east of the Pleutajokk uranium deposit, where an inferred resource of over 1,500 tonnes
of U3O8 with a cut-off grade of 500 parts per million uranium was discovered in the late 1970's.

Conrad Windham, Chief Executive Officer, commented:

"The  radon  results received from the phase I survey are encouraging, revealing a  clear,  strong
anomaly  at  the  north-west region of the sampling area. The phase II survey  should  reveal  the
extent  of this anomaly, which we know, from the first survey, extends to at least c.30,000 square
metres.

The  location of the anomaly adds substantially to our understanding of the geology at Gilpas, and
confirms that the overburden virtually eliminates any radiometric signature.

We  look forward to the analysis of the phase II survey, which, if favourable, warrants an initial
drilling campaign, which we will seek to commence in the first quarter of 2010."

The Directors of All Star Minerals Plc are responsible for the contents of this announcement.

Enquiries:

Company
All Star Minerals Plc
Conrad Windham, CEO
Telephone: 020 7803 0607
Email: c.windham@allstarminerals.com

Corporate Advisers
St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: 020 7368 6959

Contact Information

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