Polar Star Mining Corporation-25,000 Metre Diamond Drill Contract
02 Juillet 2008 - 5:13PM
Marketwired Canada
Polar Star Mining Corporation (TSX VENTURE:POS)(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.
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