Klondike Star Advances Dominion Gold Project

    SEATTLE, March 1 /CNW/ - Donald W. Flinn, P.Eng., Vice-President,
Operations for Klondike Star Mineral Corporation (OTCBB:KDSM) today announced
that field work conducted in 2006 at the Dominion project has confirmed the
presence of multiple, continuous gold-bearing structures that warrant testing
by drilling. In addition, several significant new gold in soil anomalies were
identified in areas with no apparent prior exploration. Work completed in 2006
consisted of soil geochemistry, regional and detailed geological mapping,
trenching, chip sampling and bulk sampling.

    Drilling is proposed for 2007 at the JAE claims, which lie at the
headwaters of Dominion, Gold Bottom and Hunker creeks, all of which have been
significant producers of placer gold, and are still being actively mined. This
area of the Dominion project hosts at least seven parallel gold - (silver)
vein zones within an area of highly anomalous soil geochemistry that measures
about 1.5 kilometers by 1 kilometer. Two of these zones, the Mitchell and
Sheba have been outlined along hundreds of meters of length by previous
exploration efforts since 1900, including numerous trenches and shallow
shafts, direct shipping of hand selected silver-rich ore (7.2 tonnes averaging
6090 g/t silver = 178 oz/ton), soil geochemistry and geophysics. Only 3
shallow drill holes, directed at the high grade silver have previously been
drilled on the property. It is expected that further surface work on the other
parallel zones will result in additional drill targets, possibly during the
2007 program.

    Work at JAE in 2006 included extending the soil geochemical anomaly to
the southwest, mapping and chip sampling of various new and existing trenches,
and processing of two bulk samples from the Mitchell and Hunker Dome zones.
The Mitchell sample consisted 5.7 tonnes of rusty schist without quartz
veining, and returned 1.3 g/t gold. This indicates potential for bulk mineable
material beyond the higher grade veins. The Hunker Dome zone bulk sample
consisted of 2.3 tonnes across several narrow quartz veins, and returned 4.0
g/t gold.

    Claims to the southeast of the JAE area were tested with widespread MMI
soil geochemical survey lines, and have identified several large areas of gold
in soil anomalies, up to 500 meters by 1000 meters. The surveys successfully
confirmed some areas with known mineralization, and identified new areas with
no evidence of previous exploration.

    Klondike Star, in conjunction with the University of British Columbia
Mineral Deposit Research Unit has been developing an exploration model for
this area that combines an improved understanding of the structural geology
with compilation of other data including airborne geophysics, geochronology,
petrology and placer gold characteristics and distribution. The claims of the
Dominion project are thought to be favourable as they cover mafic schists
which may be preferentially mineralized, and which occur in the hangingwall of
a thrust fault which may have produced favourable structural preparation. It
is anticipated that this model will enable the company to focus on the highest
potential targets. Plans for the Dominion project in 2007 include diamond
drilling, trenching, bulk sampling, IP geophysical surveys, geological mapping
and soil geochemistry.

    About the Dominion Project

    The Dominion Project includes an advanced exploration stage target at the
JAE claims, as well as a large area with little previous exploration. Of
Klondike Star's eight projects, the Dominion ranks second in importance after
the Lone Star project. Dominion is comprised of 371 mineral claims involving
an area of 62.8 square kilometers including the Mitchell zone, Sheba zone,
Dome Lode and Lloyd zone. All zones extend over large areas with excellent
opportunity for the existence of multiple mineralized zones, along both strike
and dip. They belong to a class of structures which have potential for large,
medium-to-low grade, gold bearing ore bodies.

    Gold on the Dominion property is present as coarse free gold, with pyrite
in disseminations, and locally is associated with narrow discordant quartz
veins. Three phases of vein mineralization have been identified, two that are
gold-rich, and one that is silver-rich. The mineralized zones are associated
with quartz-carbonate-pyrite alteration, and are hosted by mafic metavolcanic

    About Klondike Star

    Klondike Star Mineral Corporation is an established exploration and
development company actively working on eight major properties, totalling 463
square kilometers or 179 square miles in the Yukon, Canada. The company is
developing extensive surface and subsurface mineralized zones on a 370 square
kilometer or 143 square mile land position underlying the site of the Klondike
gold-producing region in the Dawson mining district. These holdings include,
but are not limited to properties known as the Lone Star Project and the
Indian River Placer Project, both advanced stage exploration. Additionally,
Klondike Star holds interests in 93 square kilometers or 36 square miles of
select high potential targets for gold, base and precious metals in the Watson
Lake and Whitehorse mining districts of the Yukon.

    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

For further information:

For further information: Klondike Star Mineral Corporation Investor
Relations: Wayne Cousins, 800-579-7580

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