VANCOUVER, BRITISH COLUMBIA--(Marketwire -08/23/11)- Eagle Star Minerals Corp. (TSX-V: EGE.V - News)(PINK SHEETS: ELGSF)(Frankfurt: E6R.F - News) ("Eagle Star" or "the Company") is pleased to announce it has received written notification from the DNPM - the national Brazilian mining agency, regarding a change in the location of track of the Transnordestina railway in the state of Piaui (currently under construction). The track's new route will transect Eagle Star's Ruth Phosphate and Potash Rock concessions which are adjacent to the towns of Nova Santa Rita and Pedro Laurentino.
Construction of the railway line commenced in 2006 and the project employs over 11,000 workers. Government officials including Brazil's current president Ms. Dilma Rousseff have confirmed on many occasions that the project is progressing as planned and that estimated completion date of the project is the end of 2013.
To view an official map with the new rail track please use the following link: http://www2.transportes.gov.br/bit/estados/port/pi.htm
"This is a very positive development for the Company. Once completed, this new railway line will provide a cost effective option to ship fertilizers to multiple end users in Brazil (and internationally) way beyond the immediate local market, which already includes, some of the world's largest soybean plantations. As such, this is a major logistical improvement that contributes significantly to the future development and economic value of our Ruth Agromineral project" commented Eran Frieldander, President and CEO of Eagle Star.
About the Company
Eagle Star Minerals Corp. is a Natural Resource company headquartered in Vancouver, British Columbia, focused on the acquisition, exploration and development of agromineral and base metal properties in North and South America. The Company's shares are publicly traded on the TSXv under the symbol EGE, on the OTC Pink Sheets under symbol EGLSF and on Frankfurt Stock Exchange under the symbol E6R.
On behalf of the Board of Directors
EAGLE STAR MINERALS CORP.
Eran Friedlander, President
For more information Email: email@example.com
This press release contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performances or achievements of the Company to be materially different from the results, performances or expectations implied by these forward looking statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.
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- Eagle Star