Polar Star Accelerates Montezuma Drilling Program

Polar Star Mining Corporation (TSX VENTURE:PSR) ("Polar Star" or the "Company")
is pleased to announce that after a highly successful first phase Induced
Polarisation ("IP") program at the Company's flagship Montezuma property
(previously announced on January 12, 2009), Major Drilling Chile S.A., who
currently has a highly experienced crew in the area, has been engaged to
mobilize the first drill rig to site. Drilling is expected to start in
approximately 2 weeks. The initial program will be 4,000 metres and will be
completed 6 to 8 weeks from its start date.


In addition, Quantec Geoscience has been engaged to complete an additional 50
line kilometres of IP in the areas that gave the best geophysical response on
the first phase of the IP program. The preparation of the lines for this program
have begun.


About Montezuma

The Montezuma property is located on the prolific "West Fault System" in Region
II, northern Chile, and in an area that hosts some of the world's largest copper
mines, including CODELCO's Chuquicamata which has been in continuous operation
since 1903.


Polar Star discovered a massive IP anomaly on the property and is excited about
advancing the exploration program.


"The property has the potential to host a porphyry copper deposit similar to
'Chuqui', and we are pleased that the next phase of work on the property can
begin immediately. In light of the positive results received from Quantec, the
Board views this project as the Company's top priority and is excited that we
are moving ahead quickly with the next phase of exploration." said Stephen
Roman, Executive Chairman of Polar Star.


About Polar Star

Polar Star was created to acquire advanced stage exploration properties focusing
on gold, copper and uranium. The Corporation's material assets include 20
projects in Chile which are 100% owned covering approximately 146,112 hectares.


Share Capitalization:

Shares Outstanding: 39,241,098 as at February 9, 2009.

Forward-Looking Statements

This press release contains 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.