THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Polar Star Mining Corporation ("Polar Star" or the "Company") (TSX VENTURE:POS)
is pleased to announce that it has issued 100,000 common shares of the Company
to Mr. Terence Walker, M.Sc., P.Geo., the Company's General Manager of
operations in Chile. This initial issuance under the 1,000,000 share bonus plan
is in recognition of his outstanding efforts in securing Polar Star's premier
portfolio of properties in Chile and commencing drilling on a timely basis at
the Los Azules Property, Region lll, Chile.


Mr. Walker has been active in mineral exploration in Chile for the past 15
years. Mr. Walker's 39 years of experience spans four continents: Europe, North
and South America and Africa and covers a wide range of commodities including:
U, Cu, Pb, Zn, Mo, Au, Ag, Co, Cd, W, Sn, Ti, Mn, Diamonds, Kaolin and Cement
feed stock.


About Polar Star Mining Corporation

Polar Star (TSX VENTURE:POS) was created to acquire advanced stage exploration
properties focusing on gold, copper-gold and uranium. In Canada, the Todd Creek
Property optioned in 2006 is located near Stewart, BC and consists of 12,222
hectares in which Polar Star can earn a 60% interest. Results of the summer 2007
drill program are expected in the fourth quarter. In Chile, the Company has, as
at August 22, 2007, acquired approximately 60,800 hectares of prospective
mineral claims since commencing operations in March, 2007. These 100% owned
properties are in addition to the optioned Sonia-Puma properties where Polar
Star can earn up to a 60% interest.


Caution concerning forward-looking statements: The information in this release
may contain forward-looking information under applicable securities laws. This
forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause actual results to differ materially from those
implied by the forward-looking information. Factors that may cause actual
results to vary include, but are not limited to, inaccurate assumptions
concerning the exploration for and development of mineral deposits, political
instability, currency fluctuations, unanticipated operational or technical
difficulties, changes in laws or regulations, the risks of obtaining necessary
licenses and permits, changes in general economic conditions or conditions in
the financial markets and the inability to raised additional financing. Readers
are cautioned not to place undue reliance on this forward-looking information.
The Company does not assume the obligation to revise or update this
forward-looking information after the date of this release or to revise such
information to reflect the occurrence of future unanticipated events except as
may be required under applicable securities laws. For a more detailed discussion
of such risks and other factors, 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.


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