POLAR STAR CORPORATE UPDATE

TORONTO, Sept. 10 /CNW/ -- 
      /NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN
      THE UNITED STATES/
    

      TORONTO, Sept. 10 /CNW/ - Polar Star Mining Corporation (TSXV: PSR) ("Polar
      Star" or the "Company"), at the request of the Investment Industry
      Regulatory Organization of Canada ("IIROC"), announces that it has
      released all material information in its possession.  The Company
      continues to drill at its Chépica and Montezuma projects and will
      release material results as they become available.
    

      Forward-Looking StatementsThis press release may contain
      forward-looking statements based on assumptions, uncertainties and
      management's best estimates of future events. Actual events or results
      could differ materially from the Company's expectations and projections.
      Investors are cautioned that forward-looking statements involve risks
      and uncertainties. Accordingly, readers should not place undue reliance
      on forward-looking statements. When used herein, words such as
      "anticipate", "will", "intend" and similar expressions are intended to
      identify forward-looking statements. For a more detailed discussion of
      such risks and other factors that could cause actual results to differ
      materially from those expressed or implied by such forward-looking
      statements, 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.
    

      About Polar Star Mining CorporationPolar Star Mining
      Corporation (TSXV: PSR) is an emerging exploration company with a focus
      on building value in Chile through discovery and development. The
      company has approximately 257,000 hectares prospective for gold and
      copper-gold.
    

      Share CapitalizationShares Outstanding: 90,076,670 as of
      September 10, 2010.
    

      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.
    



pDavid Speck, VP Corporate Developmentbr/Polar Star Mining Corporationbr/(416)-368-3496,br/a href="mailto:[e-mail]"[e-mail]/a/p

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