Eagle Star Minerals Completes Stage 1 Exploration at Its Angico Iron Exploration Project and Commences Stage 2

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 27, 2011) -Eagle Star Minerals Corp., (TSX VENTURE:EGE)(PINK SHEETS:ELGSF)(FRANKFURT:E6R) ("Eagle Star" or "the Company") is pleased to announce that it has completed stage 1 of the exploration program at its Angico Iron Project, Piaui State, Northeast Brazil and has commenced the next stage.

The first stage of exploration included mapping, sampling, ground magnetometer surveys, trenching and 500 meters of scout drilling. Results from the work completed to date demonstrate significant mineralization at depth and along strike. The results of trenching on the company's largest block, Cavaleiro, indicated the presence of significant high grade Banded Iron Formation which extends at least 2km along a strike of 8 km with some of the samples returning 44.66% Fe2O3 across 39 metres and 51.98% Fe2O3 across 18 metres.

The next stage of exploration will be more extensive than Stage 1 and includes up to 5000 metres of core drilling. The objective of this stage is to delineate the potential size of the mineralized zone in the Cavaleiro block. Additional mapping, sampling and magnetometer surveys will also be carried out on the other targets in preparation for drilling.

"We are extremely happy with the results of our first full stage of exploration work at Angico, especially given the fact that we received very strong results from the Cavaleiro block. We are extremely excited about commencing Stage 2 of our comprehensive exploration plan at Angico and remain highly confident that results of this stage will provide further evidence that this project hosts potential large high-grade mineralized iron zones. To this end we remain steadfastly focused on our ultimate goal of moving this project to full NI 43-101 documented status", stated Eran Friedlander, President and CEO of Eagle Star Minerals Corp.

This news release was reviewed and approved by Mohan R. Vulimiri, M.Sc., P.Geo, who is qualified person under the NI 43-101 guidelines. Mr. Vulimiri is the senior advisor to the Company with respect to the company's Angico Iron project.

About the Company

Eagle Star Minerals Corp. is a Natural Resource company headquartered in Vancouver, British Columbia, focused on the acquisition, exploration and development of mineral properties in North and South America.

On behalf of the Board of Directors

EAGLE STAR MINERALS CORP.

Eran Friedlander, President

This press release contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performances or achievements of the Company to be materially different from the results, performances or expectations implied by these forward looking statements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.