Polar Star Appoints David G. Speck Vice-President, Corporate Development

Polar Star Appoints David G. Speck Vice-President, Corporate Development

Thursday, August 7th 2008

Polar Star Mining Corporation is pleased to announce the appointment of David G. Speck to Vice-President, Corporate Development of the Company. Mr. Speck has numerous years of experience in investor relations and corporate development including senior positions at O’Donnell Investment Management, Merrill Lynch Canada and Research Capital Corporation as well as serving as an independant investor relations officer for several publicly traded companies. Mr. Speck has been a director of Polar Star since August 1, 2007.

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 141,000 hectares. Polar Star announced the closing of a $5 million private placement on July 8, 2008 during which HudBay Minerals Inc. acquired 3,860,605 Units (approximately 9.9% of the outstanding shares of the Company, as at July 8, 2008).

Website: www.polarstarmining.com.

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