ASP Transatlantic Mining Corporation

Archean Star Resources Inc. (TSX VENTURE:ASP) (the "Company" or "Archean") is
pleased to announce that Mr. Jeffrey Williams of Melbourne Australia has,
subject to approval of the TSX Venture Exchange (TSX:V) been appointed as a
Director of the Company.


Until recently, Mr. Williams was the Managing Director of Mineral Deposits Ltd,
(MDL) a company that he headed while listing on the Australian Stock Exchange
(ASX). During his tenure as Managing Director of MDL, Mr. Williams was
instrumental in raising in excess of AUD$450 million for projects such as the
3.5 million ounce Sabodala gold deposit in Senegal that was subsequently
developed into the Sabodala Gold Mine, and recently developed the Grande Cote
Zircon/Ilmenite Mine, also in Senegal. In mid-June, 2011, MDL raised AUD$140M to
commence construction of the mine and at the same time announced the merger of
the Grande Cote interests with the French industrial producer Eramet.


Prior to his tenure as Managing Director of MDL, Mr. Williams was, among other
things, involved with major Australian Securities firms such as HSBC James Capel
as Head of Resources, Senior Research Analyst with ANZ McCaughan of Melbourne,
Mining Analyst with Roach & Co of Melbourne and was Senior Mining Engineer with
North Broken Hill Holdings of Melbourne.


The Company is very pleased it has attracted Mr. Williams, with his wealth of
experience and qualifications in the Australian and International mining
business as a Director of Archean and the Company intends to continue to seek to
enhance its board with other highly qualified individuals from the Australian
Mining and Investment community as it moves forward with its exploration of the
Gnaweeda Gold Project.


The Company has announced the grant of 200,000 incentive stock options
exercisable at $0.15 cents for five years to Mr. Williams.


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 22% 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.


ON BEHALF OF THE BOARD

Graeme O'Neill, President

Transatlantic Mining Corporation (TSXV:ASP)
Historical Stock Chart
From Sep 2024 to Oct 2024

Transatlantic Mining Corporation (TSXV:ASP)
Historical Stock Chart
From Oct 2023 to Oct 2024