Vanstar: Drilling Program on Little Monster

LA PRAIRIE, QUEBEC--(Marketwire - April 11, 2012) - The management of Vanstar Mining Resources Inc. (TSX VENTURE:VSR) is preparing a 2,000-meter drilling campaign on the Little Monster project. Comprised of 20 cells covering an area of 1,040 hectares, this property is located in the South-east extension of the Fancamp deformation corridor and borders to the East, TomaGold Corporation's Monster Lake project which announced this morning a new and major gold discovery (237.6 g/t Au over 5.7 m - PR April 11, 2012). The Monster Lake property is also known to contain many gold, silver and copper showings, namely, Cominco (1.37 g/t Au over 2.1 m - channel sampling), Zone 45 (2.09 g/t Au over 3.2 m including 4.34 g/t Au over 1.15 m), Zone 52 (2.24 g/t Au over 14.0 m including 11.33 g/t Au, 13.1 g/t Ag and 0.63 % Cu over 2.0 m), Drill hole 993-91-33 (4.57 g/t Au over 1.0 m) and Trois chemin (106.7 g/t Au in a chosen sample). The Little Monster project is a 50-50 joint-venture with Northcore Resources Inc. Vanstar is the project manager.

Access the location map for Little Monster : http://media3.marketwire.com/docs/Fig_monster_lake.jpg.

In the area of the Fancamp deformation corridor, which is known on many dozens of kilometres, we can find many gold deposits and showings, namely :

• Monster Lake
  • 237.6 g/t Au over 5.7 metres (M-12-60 / PR April 11, 2012)
  • 76.53 g/t Au over 2 metres (drill hole M-24-11- PR August 16, 2011)
  • 8.38 g/t Au over 2 metres (drill hole M-36-11)
• Chevrier
  • 8.3 million mt with grades of 2.28 g/t Au (GM 52088)
• Chevrier Sud
  • 230 million mt with grades of 0.3 g/t Au (MB-97-32)
• Murgor A and B
  • 45.76 g/t Au over 6.10 metres (GM29936- channel)
  • 12.70 g/t Au over 3 metres (GM 29936- drilling)
• Murgor C
  • 4.17 g/t Au over 3 metres (GM51718- drilling)
• Winchester
  • 1.07 g/t Au over 1.52 metres (GM43518)
• Monster Lake
  • 76.53 g/t Au over 2 metres (drill hole M-24-11- PR August 16, 2011)
  • 8.38 g/t Au over 2 metres (drill hole M-36-11)
• Croteau
  • 12.74 g/t Au over 5.85 metres (drill hole CRO11- 05- PR March 1^st, 2012)
  • 12.76 g/t Au over 8.75 metres (drill hole CRO11-05)
  • 4.58 g/t Au over 6 metres (drill hole CRO11-06)

Most of the structures that intersect the Fancamp deformation corridor generate numerous gold exploration targets. In the South-West extension of the property, lies the Opawica-Guercheville deformation zone which contains the important Obatogameau Fault. Many gold deposits and showings can also be found in this area, namely the Philibert deposits (1.4 million mt @ 5.32 g/t Au - DV-93-01), Lac Meston (1.225 million mt @ 6.35 g/t Au - MB-89-17) or the former Joe Mann Mine (1.52 million mt @ 11 g/t Au - GM 44408)

This drilling campaign will follow the previously announced Nelligan project drilling.

This work will be supervised by Mr. Daniel Kelly, independent engineer and Qualified Person under NI 43-101. Mr. Kelly read and approved this press release.