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Uranium Star Commences Resource Definition Drill Program on Green Giant Vanadium Project in Madagascar

  • Press Release
  • Source: Uranium Star Corp.
  • On 6:54 pm EDT, Wednesday September 30, 2009

TORONTO, ONTARIO--(Marketwire - Sept. 30, 2009) - Uranium Star Corp. (OTCBB:URST - News; FRANKFURT:YE5 - News; "Uranium Star" or "the Company") announces it has commenced its first-phase resource definition drill program on it's 100% owned Green Giant Vanadium Project in Madagascar.

Drill Program Details

The exploration program will consist of approximately 8,000 metres and will be targeted for completion prior to the annual rainy season, which begins in late November and continues through to March. The initiation of this first-phase resource definition drill program signifies that Uranium Star is further advancing its vanadium project.

Two diamond drills have been contracted from Boart Longyear to perform the drilling. The initial focus will be to define significant widths and grades of vanadium mineralization. Based on previous exploration results, the Company has been able to verify that the primary vanadium trend hosts an extensive and continuous mineralized zone with a strike length of approximately 18 kilometres.

The initial drill sites were generated from significant data accumulated from the 31 hole drill program in 2008 and the XRF soil geochemical program, as well as the extensive trenching program, totaling 8,168 metres, that was completed in July of this year.

The trench results indicated that the near-surface mineralization has widths that exceeded the Company's initial expectations. Significant grades of vanadium mineralization were visible over widths exceeding 150 metres, with a high-grade core having grades in excess of 0.70% V2O5. The average width of vanadium mineralization is in excess of 60 metres.

Company's Goal to Drill 35,000 Metres, Targeting Minimum 200 Million Tonne Deposit

This current drill program on the Green Giant Project will represent a significant portion of the estimated 35,000 metres that the Company expects to drill in order to calculate a NI-43-101 compliant resource statement and complete a bankable feasibility study on the Project. The Company's objective is to define a minimum of 200 million tonnes of mineable vanadium mineralization.

Engineering Group on Way to Madagascar

Uranium Star engaged PEG Mining Consultants Group in the spring of this year. They have been completing additional metallurgical work and an order of magnitude study. The order of magnitude study will provide an initial estimate of all parameters dealing with the deposit, including mining, processing, infrastructure, capital and operating costs. This work will provide additional guidance for the upcoming drill program and a future Preliminary Economic Assessment (PEA).

They will also provide initial assistance to Uranium Star in the socioeconomic, environmental and marketing aspects of the Project.

Trench Result Highlights

Uranium Star has recently received the assay results from the completed 55 trenches on the main vanadium trend that extends along an estimated 18-kilometre length of the property. Assay highlights are as follows;



--  0.56% V2O5 over 190 metres, including 0.96% V2O5 over 32 metres for
    trench TR-09-002 
--  0.51% V2O5 over 204 metres, including 0.98% V2O5 over 44 metres for
    trench TR-09-039 
--  0.48% V2O5 over 48 metres for TR-09-044, and 0.0.48% V2O5 over 62 metres
    for TR-09-050 

A complete table of assay results for V2O5 from the 55 trenches completed earlier this year can be found at the end of this press release.

2008 Drill Highlights

The 2008 drill results indicated that the near-surface vanadium grades are enhanced over those from primary mineralization. The following have been recalculated from previously published drill results with excess internal waste being eliminated from a number of intersections.

Highlights are as follows:



-----------------------------------------------------
Hole                Depth in Metres              V2O5
                  From        To    Interval        %
-----------------------------------------------------
TH-08-01         103.6     115.8        12.2     0.39
-----------------------------------------------------
TH-08-02          42.7     109.7        36.6     0.27
  incl.          100.6     109.7         9.1     0.36
-----------------------------------------------------
TH-08-07          27.4      54.9        27.4     0.23
-----------------------------------------------------
TH-08-11          33.5      39.6         6.1     0.41
TH-08-11          57.9      76.2        18.3     0.37
-----------------------------------------------------
TH-08-12          30.6     114.3        83.7     0.37
  incl.           45.7      61.0        15.2     0.40
  incl.           86.9     109.7        22.9     0.47
-----------------------------------------------------
TH-08-13          38.5     141.7       103.2     0.32
  incl.           76.2     141.7        65.5     0.36
  incl.          112.8     141.7        27.4     0.45
-----------------------------------------------------
TH-08-14          12.2     109.7        97.5     0.35
  incl.           76.2      91.4        15.2     0.66
-----------------------------------------------------
TH-08-24           4.6      82.3        77.7     0.67
  incl.           12.2      61.0        45.7     0.91
-----------------------------------------------------
TH-08-25          18.3      48.8        30.5     0.32
TH-08-25         100.6     103.6         3.0     0.47
-----------------------------------------------------
TH-08-26           9.1      36.6        27.4     0.41
  incl.           18.3      27.4         9.0     0.76
TH-08-26          67.1      73.2         6.1     0.53
-----------------------------------------------------
TH-08-27           9.1      97.5        88.4     0.30
  incl.           18.3      29.0        10.7     0.88
TH-08-27         146.3     153.9         6.0     0.50
-----------------------------------------------------
TH-08-31          15.2      51.8        36.6     0.38
  incl.           36.6      48.8        12.2     0.56
-----------------------------------------------------

About the Company

Uranium Star Corp. is a rapidly emerging exploration company with assets in Madagascar (Vanadium) and Northern Quebec (Uranium). Its shares are traded on the OTCBB under the symbol URST and on the Frankfurt Exchange under the symbol YE5. The Company has formally applied to the TSX Venture Exchange for issuer status.

Bill Nielsen, P.Geo., Director & Vice President of Exploration is responsible for the advancement and execution of the necessary criteria relating to the Green Giant Project in Madagascar and is the qualified person for this report. Taiga Consultants Ltd. is overseeing Uranium Star's exploration activities in Madagascar under the direction of Claude Aussant, P.Geol.

For more information on the Green Giant Project and up-to-date pictures from the field, please visit our website at www.uraniumstar.com

WARNING: 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 expectations and projections set out herein.



2009 Trench Assay Results

Trench #        From         To     Length     % V2O5
TR-09-001          0        116        116       0.48
incl.             28         52         24       0.72
incl.             70         90         20       0.77
TR-09-002         54        136        190       0.56
incl.            104        136         32       0.96
incl.            154        208         54       0.67
TR-09-003         58        134        192       0.47
incl.             86        152         66        0.8
TR-09-004         84        200        116        0.5
incl.            112        164         52       0.75
TR-09-005         26         62         36       0.23
TR-09-006         28         74         46       0.36
TR-09-007          8        100         92       0.27
TR-09-008         40        106         66       0.40
incl.             44         70         26       0.55
TR-09-009         24         84         60       0.25
TR-09-010        106        152         46       0.31
TR-09-011          0         30         30       0.36
TR-09-012          4         34         30       0.41
TR-09-013         84        140         56       0.25
TR-09-014        -14         32         46       0.38
incl.             -8          4         12       0.68
TR-09-015         52         92         40       0.26
TR-09-016         44         88         44       0.27
incl.             44         50          6       0.58
TR-09-017        134        152         18       0.38
TR-09-018         22         30          8       0.49
and               86        122         36       0.51
TR-09-19         138        204         66       0.46
incl.            158        180         22       0.59
TR-09-020         24        104         80       0.31
TR-09-021         32         57         25       0.36
TR-09-022         26        100         74       0.38
TR-09-023         24         72         48       0.34
TR-09-024                                 NSV        
TR-09-025         66         74          8       0.27
TR-09-026          2        138        136       0.21
TR-09-027          6         58         52       0.23
TR-09-028         40         54         14       0.33
and               78        100         22       0.53
TR-09-029         56         94         38       0.36
TR-09-030         74         92         18       0.68
TR-09-031         20         36         16       0.52
TR-09-032         54        100         46       0.46
TR-09-033         18         62         44       0.44
incl.             18         28         10       0.59
TR-09-034         40         86         46       0.44
incl.             54         64         10       0.74
TR-09-035         20         64         44       0.43
TR-09-036          8         52         44       0.47
incl.             26         36         10       0.60
TR-09-037          6         62         56       0.49
incl.              8         28         20       0.70
TR-09-038         64        212        148       0.57
incl.             68         82         14       0.65
incl.            104        118         14       0.99
incl.            148        208         60       0.71
TR-09-039         38        242        204       0.51
incl.            146        190         44       0.98
TR-09-40           8        104         96       0.44
incl.              8         70         62       0.57
TR-09-041         32        162        130       0.56
incl.             68        132         64       0.71
TR-09-042         62        162        100       0.47
incl.            122        160         38       0.61
TR-09-043         98        150         52       0.44
incl.             98        120         22       0.58
TR-09-044         36         84         48       0.48
incl.             62         84         22       0.66
TR-09-045        -50        -22         28       0.40
and                4         50         46       0.31
TR-09-046                                 NSV        
TR-09-047                                 NSV        
TR-09-048                                 NSV        
TR-09-049         28         62         34       0.47
incl.             50         62         12       0.66
TR-09-050         16         78         62       0.48
incl.             60         78         18       0.76
TR-09-051        -28         32         60       0.40
TR-09-052         -4         48         52       0.45
incl.             22         34         12       0.65
TR-09-053         12         54         42       0.35
TR-09-054         46        132         86       0.57
incl.             70        134         64       0.68
and              176        216         40       0.27
TR-09-055         36         80         44       0.44
incl.             48         64         16        0.6
and                0         12         12       0.38
                                                     
NSV equals no significant values
Average Major intersection 62 meters @ 0.43% V2O5

Contact:

Brent Nykoliation
Uranium Star Corp.
Vice President of Business Development
Toll Free: 800.818.5442 or 416.364.4911
bnykoliation@uraniumstar.com

Julie Lee Harrs
Uranium Star Corp.
President & COO
Toll Free: 800.818.5442 or 416.364.4911

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