Klondike Star Mineral Corporation
OTC Bulletin Board : KDSM

November 08, 2005 14:26 ET

Klondike Star Releases 2004 Annual Report

SEATTLE--(CCNMatthews - Nov 8, 2005) -

Donald W. Flinn, Vice President, Operations for Klondike Star Mineral Corporation (OTCBB:KDSM) is pleased to announce the release of the 2004 annual report. The annual report is available on line at www.klondikestar.com or a copy may be obtained from investor relations by calling toll free at (800) 579-7580.

In the 2004 report Mr. Hans Boge, President, Klondike Star Mineral Corporation, states: "Mineral exploration in the Klondike Mining District holds the potential to find a large tonnage, medium-to-low grade ore body, or multiple ore bodies which are lode sourced mineralized zones. Management views that the mineralization is a mesothermal model characterized by a nugget effect. Current studies and exploration by our geology department are taking a similar approach to views postulated in the work of Dr. James Mortensen, Professor at the Department of Earth and Ocean Sciences, University of British Columbia."

Further assay results from the 32 hole diamond drilling program conducted in 2005, part of an 11,000m. drilling program on the Klondike property, are being verified and compiled and will be ready for release within a week.

About Klondike Star

Klondike Star Mineral Corporation is developing 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