Uranium Star Corp.
OTC Bulletin Board : URST
FRANKFURT : YE5

Uranium Star Corp.

June 12, 2007 08:30 ET

Uranium Star Mobilizes Full-Scale Exploration Program at Sagar

TORONTO, ONTARIO--(Marketwire - June 12, 2007) - Uranium Star (OTCBB:URST)(FRANKFURT:YE5) is pleased to announce the arrival of the exploration team at the Sagar Property in Northern Quebec. Uranium Star is currently deploying a full team to the property to follow-up on the results of the Winter 2007 exploration program. The results of that campaign were highly beneficial in further refining the target area of the potential source of the Mistamisk Boulder Field. The twenty member exploration team will focus on drill site preparation as the company plans for a major summer/fall drill program. The drilling program which will utilize both reverse circulation and diamond drills will commence prior to June 30.

The entire target area will benefit from extensive infill reverse circular drilling and subsequent diamond drilling. The company is mobilizing a large scale exploration initiative to the property, completing a land-based air strip and investing in new equipment like the XFR 50 field analyzer to provide with "real time" exploration analysis to increase the efficiency of the program.

The primary focus of this program is to further define the potential source area of the Mistamisk Boulder Field. This boulder field, which is approximately 500 X 250 meters in size, contains many radioactive boulders. In a Virginia Mines report, 70 boulders assayed an average of 1.3% Uranium (U) and 64.9 g/t Gold (Au), with values up to 4.11% U and 640 g/t Au.

Kirk McKinnon, President and CEO of Uranium Star, commented that, "Uranium Star remains diligent in our focus and is increasingly confident in the prospects of success for the Sagar Property. We are reminded that finding the source of the Mistamisk Boulder Field would result in a world class deposit and remains worthy of our exploration efforts and expenditures. We have an excellent and experienced team who has armed themselves with the best equipment and knowledge available. The prize has not changed, nor has our conviction that we are on the right path to finding it."

ABOUT THE COMPANY

Uranium Star Corp. is a rapidly emerging uranium exploration company with assets in Northern Quebec and Arizona. Its shares are traded on the OTCBB under the symbol URST, as well as the Frankfurt Exchange under the symbol YE5. The Company continues to focus on high priority uranium property acquisition and exploration in order to participate in meeting the significant and increasing demand for uranium as an alternative energy source.

Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

Contact Information

  • The Buick Group
    Jon Ruby
    Toll Free: 1-877-748-0914
    Email: jruby@buickgroup.com
    Website: www.uraniumstar.com
    or
    Uranium Star Corp.
    Kirk McKinnon
    President and CEO
    (416) 364-4986 or 1-800-818-5442
    or
    Uranium Star Corp.
    Richard Schler
    Vice President and CFO
    (416) 364-4986 or 1-800-818-5442