Category: Uncategorized
August 27

Gold Star Receives Permits for Coronation Sulphur Project

Gold Star Resources Corp. (the \"Company\") (TSX-V: GXX) is pleased to announce that it has received Metallic and Industrial Mineral Permits numbered 9308080562 through 9308080564 from the government of Alberta, Energy Mineral Development and Strategic Resource Division. These permits allow the company to proceed with the necessary steps towards exploration and development of the recently acquired Coronation Sulphur Project. The cumulative area under permit consists of approximately 60,000 hectares located approximately 120 kms south of Edmonton, Alberta.

Updating the Company\'s July 17, 2008 news release, the company has received an update from Agapito Associates Inc. of Colorado, who advise that the preparation of the National Instrument 43-101 compliant technical report on the Coronation Sulphur Project is near completion. Sulphur, an essential element, is primarily used to produce sulphuric acid. It is also an essential element used in the production of many basic global products including Diammonium Phosphate or DAP, a common fertilizer. As the demand for food production increases to meet the needs of growing economies in heavily populated portions of the world, in particular Asia, the use of fertilizers to strengthen plant growth and increase crop production is also growing. With the increased demand for fertilizer and components necessary for the production of fertilizer, Sulphur, long relegated to by-product status, is now gaining attention to meet today\'s increased demand. Following other agricultural product demands world wide, Sulphur has seen dramatic increases in both demand and pricing, having risen from $50 per tonne to $650 per tonne in the past 15 months.

The Company is a mineral exploration company based in Vancouver, British Columbia.

On Behalf of the Board, \"Patrick Morris\" Patrick Morris, President and CEO

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. The company has not filed a National Instrument 43-101 report on any property, but will do so as soon as the information is available. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as \"reserves\" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

For further information, contact: Patrick Morris President and CEO of the Company Telephone: (604) 641-4450 Facsimile: (604) 669-9335

SOURCE: Gold Star Resources Corp.