Canstar Resources Inc.

Canstar Resources Inc.

September 17, 2007 09:19 ET

Canstar Plans Next Phase of Exploration for McFaulds Lake Properties

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2007) - The Directors of Canstar Resources Inc. (TSX VENTURE:ROX) are pleased to announce that, in light of the discovery of high grade nickel-copper mineralization in the McFauld's Lake area, management is reviewing results of previous programs on the two properties it holds in the discovery area and planning the next phase of exploration. Canstar holds two projects within the McFauld's Lake Belt, the 100%-owned McFauld's 1 property (512 hectares) and the McFauld's 3 property (608 hectares), which is under a 50-50 Option-Joint Venture agreement with Geocanex Ltd.

Geologically the Canstar properties are located in the same sequence of volcanic-sedimentary rocks as the Noront Resources discovery on which Noront has reported partial assay results of 1.84% nickel and 1.53 % copper over 36 meters of core. Previous exploration on the Canstar properties has identified seven (7) drill-ready geophysical targets. The properties remain untested by drilling.

Canstar directors and management feel that the Noront discovery is important for the whole McFauld's Lake area as it demonstrates similarity to mining camps such as Timmins, Noranda and others, confirming the excellent economic potential of the area for nickel- copper deposits in addition to the previously discovered VMS copper-zinc-gold-silver deposits.

Trading in the company's shares has been very strong in the past few days probably reflecting interest by investors in the potential of these properties.

Canstar's shares trade on the TSX Venture Exchange under the symbol ROX.

David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release.

This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Canstar, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Canstar's expectations are exploration risks detailed herein and from time to time in the filings made by Canstar with securities regulators.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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