Klondike Star Intersects 98.7 G/T Gold over 0.90 Meters



    Donald W. Flinn, Vice President, Operations for Klondike
    Star Mineral Corporation (OTCBB:KDSM) is pleased to announce assay
    results from holes 1 to 3 of an HQ diamond drilling program conducted
    in 2006 on the Lone Star Project in the Klondike gold-producing region
    of the Yukon. Additional assay results will be released as assays are
    received, verified and compiled.
    The 2006 diamond drilling program began with 3 holes at the Nugget
    zone, which lies on the south side of Eldorado Ridge, 2 kilometers
    southwest of the former producing Lone Star mine. Subsequent holes in
    the ongoing 2006 drill program have been drilled at the Lone Star zone
    and its northwest and eastern extensions. The Nugget zone has not
    previously been drilled. Holes 1 to 3 were drilled near a zone
    previously identified by trenching and bulk sampling. Highlights from
    these holes, tabulated below, include 98.7 g/t gold over 0.90m, in
    hole 06NZ-02. True widths of the mineralized horizons have yet to be
    determined. All three holes intersected narrow zones of moderate to
    high grade within broader low grade intervals.
    Gold on the property is present as coarse free gold, with pyrite
    in disseminations, and locally is associated with narrow discordant
    quartz veins. The mineralized zones are associated with
    quartz-carbonate-pyrite alteration, and are hosted by felsic
    metavolcanic schist.
    -0-
    *T

    Assay Table From To Interval GOLD
    -----------------------------------
    HOLE No. Azimuth DIP meters meters meters grams/tonne
    ----------------------------------------------------------------------
    06NZ01 -- -90 6.00 7.00 1.00 1.42
    ----------------------------------------------------------------------
    and 32.25 45.50 13.25 0.14
    ----------------------------------------------------------------------
    and 89.00 95.00 6.00 1.31
    ----------------------------------------------------------------------
    including 90.50 91.25 0.75 4.54
    ----------------------------------------------------------------------
    06NZ02 65 -50 28.90 32.15 3.25 27.50
    ----------------------------------------------------------------------
    including 28.90 29.80 0.90 98.68
    ----------------------------------------------------------------------
    and 37.65 40.65 3.00 0.28
    ----------------------------------------------------------------------
    and 55.00 63.50 8.50 0.34
    ----------------------------------------------------------------------
    06NZ03 65 -50 23.60 28.50 4.90 5.89
    ----------------------------------------------------------------------
    including 25.60 26.50 0.90 30.15
    ----------------------------------------------------------------------
    *T

    HQ size drill core is delivered to the core shack by the drill
    contractor where the geological staff photographs and logs the core
    for geological and geotechnical details. The core is then sawn in half
    lengthwise using a diamond saw, with half core retained for future
    examination. The half core samples are sealed and shipped via surface
    freight to Acme Analytical Laboratories Ltd. of Vancouver, B.C., an
    ISO 9001:2000 accredited facility, where the core is dried, crushed
    and analyzed for gold by metallic sieve fire assay.

    About Klondike Star

    Klondike Star Mineral Corporation is an established exploration
    and development company actively working on eight major properties,
    totalling 463 square kilometers (179 square miles) in the Yukon
    Canada. The company is developing extensive surface and subsurface
    mineralized zones on a 370 square kilometer (143 square miles) land
    position underlying the site of the Klondike gold producing region in
    the Dawson mining district. These holdings include, but are not
    limited to properties known as the Lone Star Project and the Indian
    River Placer Project, both advanced stage exploration. Additionally,
    Klondike Star holds interests in 93 square kilometers (36 square
    miles) of select high potential targets for gold, base and precious
    metals in the Watson Lake and Whitehorse mining districts of the
    Yukon.

    The statements in the press release that relate to the company's
    expectations with regard to the future impact on the company's results
    from new products or actions in development are forward-looking
    statements, within the meaning of the Private Securities Litigation
    Reform Act of 1995. The statements in this document may also contain
    "forward-looking statements" within the meaning of Section 27A of the
    Securities Act of 1933 and Section 21E of the Securities Exchange Act
    of 1934. Since this information may contain statements that involve
    risk and uncertainties and are subject to change at any time, the
    company's actual results may differ materially from expected results.