Gold Star Receives Permits for Coronation Sulphur Project

* Reuters is not responsible for the content in this press release.

Wed Aug 27, 2008 12:19pm EDT

  VANCOUVER, BC, Aug 27 (MARKET WIRE) -- 
Gold Star Resources Corp. (the "Company") (TSX-V: GXX) is pleased to
announce that it has received Metallic and Industrial Mineral Permits
numbered 9308080562 through 9308080564 from the government of Alberta,
Energy Mineral Development and Strategic Resource Division. These permits
allow the company to proceed with the necessary steps towards exploration
and development of the recently acquired Coronation Sulphur Project. The
cumulative area under permit consists of approximately 60,000 hectares
located approximately 120 kms south of Edmonton, Alberta.

    Updating the Company's July 17, 2008 news release, the company has
received an update from Agapito Associates Inc. of Colorado, who advise
that the preparation of the National Instrument 43-101 compliant
technical report on the Coronation Sulphur Project is near completion.

    Sulphur, an essential element, is primarily used to produce sulphuric
acid. It is also an essential element used in the production of many
basic global products including Diammonium Phosphate or DAP, a common
fertilizer. As the demand for food production increases to meet the needs
of growing economies in heavily populated portions of the world, in
particular Asia, the use of fertilizers to strengthen plant growth and
increase crop production is also growing. With the increased demand for
fertilizer and components necessary for the production of fertilizer,
Sulphur, long relegated to by-product status, is now gaining attention to
meet today's increased demand. Following other agricultural product
demands world wide, Sulphur has seen dramatic increases in both demand
and pricing, having risen from $50 per tonne to $650 per tonne in the
past 15 months.

    The Company is a mineral exploration company based in Vancouver,
British
Columbia.


On Behalf of the Board,
"Patrick Morris"
Patrick Morris, President and CEO

    
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    Cautionary note: This report contains forward-looking statements,
particularly those regarding cash flow, capital expenditures and
investment plans. Resource estimates, unless specifically noted, are
considered speculative. The company has not filed a National Instrument
43-101 report on any property, but will do so as soon as the information
is available. Any and all other resource or reserve estimates are
historical in nature, and should not be relied upon. By their nature,
forward-looking statements involve risk and uncertainties because they
relate to events and depend on factors that will or may occur in the
future. Actual results may vary depending upon exploration activities,
industry production, commodity demand and pricing, currency exchange
rates, and, but not limited to, general economic factors. Cautionary Note
to US investors: The U.S. Securities and Exchange Commission specifically
prohibits the use of certain terms, such as "reserves" unless such figures
are based upon actual production or formation tests and can be shown to be
economically and legally producible under existing economic and operating
conditions.

    

For further information, contact:
Patrick Morris
President and CEO of the Company
Telephone: (604) 641-4450
Facsimile: (604) 669-9335

Copyright 2008, Market Wire, All rights reserved.

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