/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN
THE UNITED STATES/
TORONTO, June 26, 2009 /CNW/ - Polar Star Mining Corporation (TSX-V: PSR)
("Polar Star" or the "Company") announced today that the Option to acquire the
remaining 85 percent interest in the Chépica Copper Gold Project expired on
June 20, 2009 unexercised.
Doug Willock, President and CEO of Polar Star, stated that the Company
will continue to hold a 15 percent equity interest in the project, which owns
1,390 hectares in the Talca Gold district. Polar Star intends to continue to
map, prospect and sample numerous veins on the 21,200 hectares which are
wholly-owned by Polar Star in the Talca Gold district and which surround much
of the Chépica project.
"Our Talca Gold district properties," Doug Willock noted, "are generating
a number of results that, pending further work, may warrant drilling later
The qualified person within the meaning of National Instrument 43-101 is
Mr. Terence Walker, M.Sc., P.Geo. Mr. Walker has reviewed the contents of this
This press release may contain forward-looking statements based on
assumptions, uncertainties and management's best estimates of future events.
Actual events or results could differ materially from the Company's
expectations and projections. Investors are cautioned that forward-looking
statements involve risks and uncertainties. Accordingly, readers should not
place undue reliance on forward-looking statements. When used herein, words
such as "anticipate," "will," "intend" and similar expressions are intended to
identify forward-looking statements. For a more detailed discussion of such
risks and other factors that could cause actual results to differ materially
from those expressed or implied by such forward-looking statements, refer to
Polar Star Mining Corporation's filings with Canadian securities regulators
available on www.sedar.com or the Company's website at
About Polar Star Mining Corporation
Polar Star Mining Corporation (TSXV: PSR) is an emerging exploration
company with a focus on building value in Chile through discovery and
development. The company has 155,481 hectares covering 22 properties including
gold, copper-gold and uranium.
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.
Shares outstanding: 59,681,241 as at June 26, 2009.
For further information:
For further information: Douglas Willock, President and CEO, Polar Star
Mining Corporation, (416) 368-3496, firstname.lastname@example.org