Vanstar Mining Resources Inc.

December 17, 2009 13:23 ET

Vanstar Mining Resources Inc.: Announcement

LA PRAIRIE, QUEBEC--(Marketwire - Dec. 17, 2009) - Vanstar Mining Resources Inc. (TSX VENTURE:VSR) is pleased to announce the appointment of Mr. Gilles Laverdiere as President and CEO of the company, beginning January 1st, 2010.

Mr Laverdiere is a Professional Geologist and holds a B.Sc. in Geology from the University of Montreal (1978) and a Certificate in Environment from the University of Quebec in Abitibi-Temiscamingue (1996). Mr Laverdiere brings to the company in excess of 30 years of experience in exploration, development and financing of mining projects.

He worked for various mining exploration companies, including Aur Resources Inc., until 1984, when he founded his own geological consulting firm. As such, he has managed many exploration and development programs in Abitibi and he also participated in financing mining companies. From 1991 to 1997, he participated in exploration projects in the Philippines, Nevada (Carlin Trend) and Brazil. From 1997 to 2006, his involvement has turned to China where he founded HMZ Metals, a polymetallic producer which also operates a copper refinery and whose income exceeded $ 15 million annually. Since 2006, he has been consulting geologist on projects in Abitibi.

Mr. Denis Belisle, Chairman of the Board of Vanstar, stated: "We are very proud to welcome Mr. Laverdiere as part of the management team of our company and very happy to obtain the involvement of a person with such a strong expertise in the industry of mining exploration in this important period for the company. We further believe that Vanstar will greatly benefit from his expertise in management and field work."

Mr. Laverdiere will replace Mr. Guy Morissette who has held the position of CEO since the start of operations of Vanstar. Mr. Morissette will remain as a Director, replacing Mr. Luc Pelletier. The Board wishes to acknowledge the involvement and contribution of Mr. Pelletier who is stepping down for personal reasons.

Neither TSX Ventures nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.

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