Globestar Mining Corporation
TSX : GMI

Globestar Mining Corporation

October 06, 2009 16:47 ET

GlobeStar Wins Outstanding Business Achievement Award

TORONTO, ONTARIO--(Marketwire - Oct. 6, 2009) - GlobeStar Mining Corporation ("GlobeStar") (TSX:GMI), is pleased to announce that it has been selected by the Ontario Chamber of Commerce to receive the Outstanding Business Achievement Award for Corporate Governance.

GlobeStar would like to thank the Ontario Chamber of Commerce for recognizing the hard work and dedication of its board of directors, management team and employees, and their commitment to best practices in the areas of environmental responsibility, community development and corporate governance.

The award will be presented at the 2009 Outstanding Business Achievement Awards Gala which honours Ontario businesses for their innovation and successful business practices. The Gala event will be held at the Metro Toronto Convention Centre on Wednesday November 25, 2009. Additional information concerning this award and the Ontario Chamber of Commerce may be found at www.occ.on.ca.

About GlobeStar

GlobeStar is a Canadian based mining and exploration company producing copper, gold and silver at its Cerro de Maimón Mine in the Dominican Republic. GlobeStar is also exploring for copper and gold on its extensive mineral concessions in the Dominican Republic.

GlobeStar has developed NI-43-101 compliant inferred mineral resource estimates for the Moblan Lithium Project in Québec, Canada and the Cumpié Hill lateritic nickel deposit in the Dominican Republic.

GlobeStar maintains a listing on the Toronto Stock Exchange (symbol: GMI). Additional information concerning GlobeStar can be found on GlobeStar's website www.globestarmining.com.

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