Canstar Resources Inc.
TSX VENTURE : ROX

Canstar Resources Inc.

August 20, 2007 16:15 ET

Canstar Resources Receives Assay Data for the Shrimp Lake and Tahoe Lake Projects, Northwestern Ontario; Mary March Project Update

TORONTO, ONTARIO--(Marketwire - Aug. 20, 2007) - The Directors of Canstar Resources Inc. (TSX VENTURE:ROX) would like to announce that assay results have been received for the recently completed first-phase drilling program on the Shrimp Lake and Tahoe Lake properties. Numerous base and precious metal anomalous samples were identified in the drill core, with individual highs of 0.6g/t gold and 0.87% zinc. The results indicate potential for economic-grade mineralization within the volcanic package. A total of ten holes, totaling over 1100m, were drilled during the program, with nine holes on the Shrimp Lake property and one hole in the Tahoe Lake property area. Further interpretation of the results, including correlation with geophysical data and geology, is required before a decision for future exploration programs will be made.

Mary March

The motion hearing for the Mary March appeal and cross appeal is still scheduled for September 4th, 2007. At that time the matter will be brought before the court, when a date for the appeal and cross-appeal will be set. In an effort to ensure a speedy resolution to the dispute, the Directors and management of Canstar are currently pursuing a strategy designed to raise awareness at the public and government levels, which highlights the potential importance of the Mary March property to the economic growth of Newfoundland.

The Board of Directors and management of Canstar are focused on resolving the Mary March dispute, and will continue to keep investors informed of any updates or developments.

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. To find out more about Canstar Resources, visit our website at www.canstarresources.com.

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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