Eagle Star Minerals Corp.

Eagle Star Minerals Corp.

July 07, 2011 09:30 ET

Eagle Star Minerals Corp. Releases Letter to Shareholders

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2011) - Eagle Star Minerals Corp., (TSX VENTURE:EGE)(PINK SHEETS:ELGSF)(FRANKFURT:E6R) ("Eagle star" or "the Company") is pleased to announce the release of a Letter to Shareholders from President & CEO, Eran Friedlander. The letter in its entirety is available on Eagle Star's website http://www.eaglestarminerals.com.

In his letter, the President and CEO outlines the company's strategy in light of recent acquisition and Management/Advisory Board nominations. Highlights from the Letter:

  • Ruth Phosphate Project
    • Strong domestic agromineral demand
    • 41 fully owned phosphate-bearing mineral claims
    • Production potential within relatively short period of time
    • Very good infrastructure and proximity to final market
  • Additions to Brazilian Team responsible for recent developments and execution of strategy going forward:
    • Dr. Zelia Cardoso De Mello – Former Finance Minister of Brazil
    • Brazilian Geology Team that includes Jose Carlos Polonia, and Carlos Augusto Sena de Sá two senior geologists with wealth of top tier mining experience with particular focus on iron and phosphate deposits
  • Angico Iron Project - progress
    • Completion of phase one of exploration work program and results
    • Initiation of phase two of exploration work program to include up to 5,000 meters of drilling

Review full President's July 7, 2011 Letter to Shareholders at www.eaglestarminerals.com/downloads/news/ES_NR_Jul_07_2011.pdf.

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. The Company's shares are publicly traded on the TSX.v under the symbol EGE, on the OTC Pink Sheets under the symbol: ELGSF and on Frankfurt Stock Exchange under the symbol E6R.

On behalf of the Board of Directors


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. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. 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.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

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