Polar Star Mining Corporation-25,000 Metre Diamond Drill Contract
July 02 2008 - 11:13AM
Marketwired
TORONTO, ONTARIO (PINK SHEETS: POSRF) ("Polar Star" or the
"Company") announces the signing of a 25,000 metre drill contract
with Forage Orbit Garant Drilling S.E.N.C. ("Orbit") of Val d'Or,
Quebec. The new diamond drill is scheduled to arrive in Chile and
commence drilling during the third quarter of 2008. The 25,000
metre program is planned to be completed over a two year
period.
About Orbit Garant Drilling
Orbit Garant Drilling is a Canadian-based mining services
company that provides diamond drilling for underground and surface
exploration. With almost 500 employees and 116 drills the Company
has an impressive list of top-tier and junior mining clients and
operates across Canada, the United States, Mexico, Guyana and
Suriname. Orbit Garant Drilling, through its subsidiary Soudure
Royale Concept, manufactures its own drills, providing the company
with a guaranteed supply of high-quality, innovative rigs to
address a broad range of client requirements.
About Polar Star Mining Corporation
Polar Star was created to acquire advanced stage exploration
properties focusing on gold, copper gold, and uranium. The
Corporation's material assets include 20 projects in Chile, which
are 100% owned and cover approximately 140,000 hectares.
Forward-Looking Statements
The statements made in this news release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially
from the Company's expectations and projections. Accordingly,
readers should not place undue reliance on forward-looking
statements. For a more detailed discussion of such risks and other
factors, refer to Polar Star Mining Corporation's filings with
Canadian securities regulators available on www.sedar.com or the
Company's website at www.polarstarmining.com.
Share Capitalization:
Shares Outstanding: 31,548,698 as at July 2, 2008.
Business Television Feature:
Polar Star was selected and featured on Business Television in
early March 2008. If you missed the show, please click on the link
below to watch the full-feature
http://www.b-tv.com/i/videos/PolarStar.wmv.
The Toronto Stock Exchange Venture has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release
and the information contained herein.
Contacts: Polar Star Mining Corporation Douglas Willock
President and CEO (416) 368-3496 Email: info@polarstarmining.com
Website: www.polarstarmining.com
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