SOURCE: Klondike Star Mineral Corp.

November 08, 2007 09:00 ET

Klondike Star Releases 2007 Annual Report

SEATTLE, WA--(Marketwire - November 8, 2007) - Hans Boge, P.Eng., President, Klondike Star Mineral Corporation (OTCBB: KDSM), today issued its 2007 Annual Report.

This Annual Report provides detailed information on performance and progress for the year ending February 28, 2007. It speaks to financial matters, investor relations, mineral exploration properties, the ownership of mineral rights and resources and Company operations.

The advanced-stage exploration Lone Star hard-rock gold property and the early development-stage Indian River alluvial gold project are featured. In addition, a three-year performance profile charts Klondike Star's growth and development as a mineral exploration and development enterprise.

Hans Boge, P.Eng., said, "Klondike Star is moving ahead and working hard to earn continuing support. Along with solid business and investment fundamentals, there are real prospects of becoming a gold producer with an operating mine in the Yukon, Canada starting as early as 2008.

"In the year ahead, we are focusing on the advanced-stage exploration targets on the Lone Star and Dominion gold properties and the potential Indian River Gold Mine in Canada; while supporting the involvement of our subsidiary, Klondike Star Canada Inc., in world-class mineral exploration prospects in the Arab Republic of Egypt."

To receive a copy of the 2007 Annual Report by mail, please contact Investor Relations. To view a copy online, go to www.klondikestar.com and look for the report under Recent Additions.

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

Contact Information

  • For more information please contact:
    Wayne Cousins
    Investor Relations
    Toll Free (800) 579-7580 (from North America)
    867-667-4178 (from overseas)
    Email information@klondikestar.com