ASP Transatlantic Mining Corporation

Archean Star Resources Inc. (TSX VENTURE:ASP) and its wholly owned subsidiary,
Archean Star Resources Australia Pty, Ltd (together "Archean" or the "Company")
report that it has engaged Quantec Geoscience Pty, Ltd, to conduct a 3D Induced
Polarization ("IP") Survey at the Bunarra prospect on its Gnaweeda Gold Project
in Western Australia. 


The 3D IP survey over the Bunarra prospect is to determine the extent and
orientation of the identified mineralized zone and, along with the geological
data derived from the recent drill programs, to assist in providing additional
targets for the upcoming diamond drill program. The Company's geological
consultants consider that the extent of the mineralized zone and gold
intersections identified to date is promising and that the 3D IP may determine
whether a distinct IP signature can be identified that may be also applied to
the other three known mineralized zones, Turnberry, St. Anne's and Far East. The
Bunarra mineralized zone has a strike-length of approximately 200 meters and is
open along strike and to depth. A fourth target, a large structural/alteration
target identified by geophysics lies approximately three km northwest of the
Turnberry zone. 


Gold mineralization at the Bunarra prospect is associated with quartz-tourmaline
veins, arsenopyrite, and pyrite with dolerite being the primary host rock for
the gold mineralization. There is a strong positive correlation between gold,
silver, and arsenic and mineralization may be present in several parallel zones.
The most significant intersection to date at Bunarra is drill hole BN003
(previously reported), that intersected an 18 meter intersection of 11.71 g/t Au
that includes 4 meters at 37.76 g/t Au, (inclusive of a 1 meter intersection
averaging 110.1 g/t Au), 1 meter at 24.2 g/t Au and 3m at 7.09 g/t Au. The most
significant intersections at the Turnberry prospect included 3m at 8.27 g/t Au
and 16m at 2.46 g/t in the previously reported drill hole TB003.


The next phase drill program consists of 6 diamond drill holes at the St. Anne's
prospect to follow up prior reported gold intersections, and following the
completion and interpretation of the Bunarra 3D IP Survey, continued drilling at
the Bunarra prospect.


Archean Star Resources Inc. is a junior exploration company that, through its
wholly owned subsidiary, Archean Star Resources Australia Pty Ltd, has entered
into an Option Agreement, subject to a 75% back in right, to earn 100% of Teck
Australia Pty Ltd's ("Teck") interest in Chalice Gold Mines Limited's Gnaweeda
Gold Project in West Australia. Kent Exploration Inc. (TSX VENTURE:KEX) with
approximately 10,000,000 shares or 35% of the outstanding common shares, is the
controlling shareholder of Archean. 


This News Release has been prepared on behalf of the Archean Star Resources Inc.
Board of Directors, which accepts full responsibility for its contents. The
contents of this release have been reviewed and approved by Marvin A. Mitchell,
a Qualified Person as defined by National Instrument NI 43-10.


ON BEHALF OF THE BOARD

Graeme O'Neill, President

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