POS Polar Star Mining (Tier2)

Polar Star Mining Corporation (TSX VENTURE:POS) ("Polar Star" or the "Company")
and its partner, Goldeye Explorations Limited ("Goldeye") and the optionor,
Intuitive Exploration Inc. ("NTE"), are pleased to announce the discovery of a
significant volcanogenic massive sulfide (VMS) environment on the Todd Creek
Property in northwest British Columbia, Canada. BC Geological Survey geologists
have confirmed the favorable environment, which has been traced via the presence
of VMS stratigraphy, stringer/feeder zones and multiple exhalite horizons, in
outcrop and new drillholes over a strike length of more than 7 km. Sampling of
the discovery outcrop in 2008 returned assays up to 57 g Ag/T, 1.7% Cu and 7.1%
Zn. The partners have optioned additional ground to cover the apparent strike
extension of one of the VMS horizons, bringing the total land position to nearly
20,000 hectares.


Core drilling in 2008 at the South Zone Au-Cu target returned an interval of
1.75 g Au/T and 0.26% Cu over a 17.3m core length. Assays have not been
delivered for the bottom portion of that first hole or the seven additional
holes from the 2,600 meter program. Historic drilling at the South Zone included
a number of strong intercepts, including 8.62 g Au/T and 0.45% Cu over 11.7m.
Subsequent drilling at South Zone in 2008 encountered VMS-style mineralization,
for which assays have not yet been returned. NTE geologists have interpreted the
South Zone as occupying an important structural intersection that may constitute
a feeder to VMS stratigraphy and a conduit for later crosscutting epithermal or
porphyry-related Au-Cu mineralization. Most of the analytical results from 2008
drilling and surface geochemistry have been put on hold at the lab pending the
restructuring of Intuitive Exploration Inc. (NTE), the private company operating
the exploration program, which cost approximately $2.2 million in 2008.


The Todd Creek Property is located in Skeena Mining Division in the Eastern
Volcanic Belt of the Stewart Gold Camp of British Columbia. There remain
numerous other gold, copper, and VMS targets to be delineated when results from
2008 are complete. NTE is contemplating the 2009 exploration program to follow
up on these successes. The program may include an airborne
electromagnetic/magnetics survey, ground geophysical surveys, mapping/sampling,
and diamond drilling. The property is held by Polar Star and Goldeye, and NTE
has the right to earn up to a 70% interest with expenditures of $5 million and
certain option and share payments. NTE expended approximately $2.2 million in
exploration during 2008.


Qualified Person

Mr. David E. Molloy, M.Sc., P.Geo., ABEGBC, APGEO is the qualified person within
the meaning of National Instrument 43-101. Mr. Molloy has reviewed the contents
of this news release.


About Polar Star

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 146,112
hectares. HudBay Minerals Inc. acquired 3,860,605 shares of Polar Star in July
2008 which represents approximately 9.8% of the outstanding shares of the
Company.


About Goldeye

Goldeye is a Canadian mineral exploration company acquiring, exploring and
advancing properties in Canada and Chile. For further information on Goldeye,
please contact Blaine Webster, CEO, 905-886-2538.


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: 39,241,098 as at January 12, 2009.

Business Television Feature:

Polar Star was selected and featured on Business Television in early December
2008. If you missed the show, please click on the link below to watch the
full-feature www.b-tv.com/features/watch-now.html?clip=BNNpolarstarmining.wmv.

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