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PNS

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Share Name Share Symbol Market Type
TSXV:PNS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Pinestar Gold Clarifies Becker Options

02/02/2011 2:15pm

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(TSXV:PNS)
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Pinestar Gold Inc. (TSX VENTURE: PNS) (the "Company") wishes to correct the information contained in its press release issued earlier today (the "Initial Release") regarding the Company obtaining surface access rights to its Becker Property, located in southern Chile (the "Becker Property").

In the Initial Release, the Company incorrectly stated that it has an option to earn up to a 75% interest in the Becker Property, whereas the Company actually has an option to earn up to a 70% interest in the Becker Property.

ON BEHALF OF THE BOARD

PINESTAR GOLD INC.

Jeremy Ford, President, Chief Executive Officer and director

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.

Contacts: Pinestar Gold Inc. Jeremy Ford President, Chief Executive Officer, and director (604) 647-4487 jford@telus.net www.pinestargold.com

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