Vanstar Mining Resources Inc.
TSX VENTURE : VSR

July 26, 2011 09:30 ET

Vanstar Acquires a Gold Property in the Monster Lake Area

LA PRAIRIE, QUEBEC--(Marketwire - July 26, 2011) - Vanstar Mining Resources (« Vanstar ») (TSX VENTURE:VSR) announces the acquisition by map designation, of 20 cells covering an area of 1,100 hectares in the Monster Lake area, in Abitibi. This acquisition is subject to the approval of Quebec's Ministère des Ressources naturelles et de la Faune.

The Monster Lake area is actively explored by Stellar Pacific Ventures that recently discovered many gold showings. In showing 325, drill hole M-16-10 intersected 5.54 g/t Au over 4.6 metres and drill hole M-18-10 intersected 5 metres grading 5.38 g/t Au. (Press release, June 14, 2011). The Vanstar property is directly adjacent to the Stellar Pacific Ventures property.

This area also contains some important gold deposits such as the Joe Mann mine and the Chevrier and Philibert deposits.

This press release was read and approved by Mr. Gilles Laverdière, geologist and qualified person under NI 43-101.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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