Klondike Star Mineral Corporation
OTC Bulletin Board : KDSM

September 29, 2005 14:49 ET

CLARIFICATION of Klondike Star Mineral Corporation Press Release

SEATTLE--(CCNMatthews - Sep 29, 2005) -

Klondike Star Mineral Corporation wishes to issue the following clarification to its release, BW6114, (WA-KLONDIKE-STAR-MINERAL) Klondike Star to Release Assay Results issued Wednesday, Sept. 28, 2005:

The press release clarifies the assay results could be released within 2, 3 or 4 weeks.

Following is the original release in its entirety:

KLONDIKE STAR TO RELEASE ASSAY RESULTS

Donald W. Flinn, Vice President, Operations is pleased to report that Klondike Star Mineral Corporation (OTCBB:KDSM) is preparing to systematically report on the assay results from its extensive 2005 summer exploration programs on its majority owned mineral claims in the Klondike Mining District.

The first of the assay results from the 2005 diamond drilling and bulk sampling programs are scheduled for release within four weeks. Thereafter, further results will be available on a step-by-step basis over the following four months. The company is working diligently and expeditiously to make the full results and analysis of its summer exploration program available.

During its 2005 summer exploration program the company completed diamond drilling of 4,830 meters (15,848 feet) in 32 holes. The primary targets have been the areas to the northwest and east of the Lone Star Mine, as well as the original site of Lone Star Mine itself. To date, a total of 3,843 split core samples have been sent for ICP and metallic fire assay analysis from diamond drilling and trenching activities.

About Klondike Star

Klondike Star Mineral Corporation is developing 5 mineralized zones on a 250 square km land position underlying the site of the Klondike Gold Rush, and select high potential targets in other parts of the Yukon.

The famous Klondike goldfields have been in constant surface mining production since the discovery of gold in 1896. Thousands of ounces of gold continue to be produced from placer mining operations each year on streams in the Klondike. The company also owns extensive surface mining rights in the Klondike Mining District.

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

  • Klondike Star Mineral Corporation
    James West, 800-579-7580