Canadian Shield Changes Name to Estrella Gold Corporation

   Canadian Shield Resources Ltd. (TSX VENTURE: EXP) (the "Company") is pleased to announce that it has changed its name to "Estrella Gold Corporation". The Company believes the new name reflects its current vision and strategy as it has refocused its efforts to gold exploration and development on its strategically-located properties in Latin America.

The name change was approved by the shareholders of the Company at its annual and special meeting held on June 22, 2010, and received final approval from the TSX Venture Exchange on August 4, 2010. As of the opening of trading on August 6, 2010, Estrella Gold Corporation will trade under the symbol "EST" on the TSX Venture Exchange.

About Estrella Gold Corporation (TSX-V: EXP, effective August 6, new Trading Symbol TSX-V: EST)

Estrella Gold is a precious metals exploration and development company focused on strategically-located properties in Latin America. Estrella Gold has seven precious metal exploration projects in Peru and one in Chile. The Company's shares are listed on the TSX Venture Exchange (Current Trading Symbol TSX-V: EXP, effective August 6, new Trading Symbol TSX-V: EST). Further information is available at Estrella Gold's website: www.estrellagold.com.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.

Contacts: Estrella Gold Corporation Keith Laskowski MSc., President [phone] or [phone] [phone] (FAX) [e-mail] www.estrellagold.com Investor Contact: For First Canadian Capital Dan Boase, Partner [phone] x 232 [phone] (FAX) [e-mail] www.firstcanadiancapital.com