News wire article from our research archive:

Polar Star to Acquire Chepica Copper-Gold Mine in Chile.

TORONTO, ONTARIO, Apr 24, 2008 (Marketwire via COMTEX) -- Polar Star Mining Corporation (TSX VENTURE:POS)(PINK SHEETS:POSRF) ("Polar Star" or the "Company") announces the signing of an agreement whereby Polar Star will acquire an 85% ownership interest in the Chepica Copper-Gold Mine, Mill and 1,440 hectares of associated mining properties for cash payments totalling approximately US$5.1 million, pending successful due diligence. Polar Star has the option to make such payments over a 12 month period. This acquisition adjoins Polar Star's wholly owned Corinto and Batuco claims. These claims plus the Chepica Mine property total 16,640 hectares in the Pencahue District, Region ...

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