Archean Star fka ASP

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ARCHEAN STAR ANNOUCES 0.5 METERS OF 42.8 G/T GOLD AT GNAWEEDA:

Archean Star Resources Inc. (TSX.V: ASP) (the "Company" or "Archean") announces a 0.5 meter gold intersection grading 42.8 g/t Au in diamond drill hole TB008 that has recently been completed at the Turnberry gold prospect at the Gnaweeda Gold Project approximately 35 km northeast of Meekatharra, Western Australia.

Diamond drill hole TB008 encountered visible gold approximately 270 meters below surface and approximately 230 meters below a 5 meter intersection of 13.49 g/t Au (incl. 1 meter at 20.23 g/t Au) in hole GNRC008. TB008 is located approximately 100 meters north of diamond drill hole TB003, that intersected 3 meters of 8.27 g/t Au and hole GNRC009 that intersected 4 meters at 17.77 g/t Au (incl. 1 meter at 59.27 g/t Au). In addition TB008 is approximately 50 meters north of TB006 that encountered multiple gold intersections within an approximately 41 meter interval, with the highest grade reported being 2 meters at 10.58 g/t gold. To view the map, please go to http://www.archeanstar.com/images/2012Southernhotzone.jpg.

The highest gold grade reported in hole TB008 was a 0.5 meter intersection from 337 to 337.5 meters of 42.8 g/t Au. Due to the presence of visible gold, the assay procedure used was a Metallic Screen Fire Assay on a 1 kg sample. Selected results are tabulated below:

Hole TB008

Intersection in meters          Width     Average   Grade g/t Au 
  
 102.5 - 106.5                     3                    1.45                
 126.0 - 131.0                     5                    0.72 
 135.0 - 136.0                     2                    0.68 
 177.0 - 180.0                     3                    1.25 
 182.0 - 184.0                     2                    0.89 
 203.0 - 204.0                     1                    1.34 
 278.0 - 280.0                     2                    2.15 
 295.0 - 296.0                     1                    3.79 
 337.0 - 337.5                     0.5                 42.80 
  

Gold mineralization has now been identified at various depths at the southern part of the Turnberry prospect from near surface to as deep as 270 meters, along a strike length of approximately 150 meters. Mineralization is open along strike and to depth. The 2.5 km long Turnberry prospect contains three distinct highly prospective gold bearing zones each with a potential length of approximately 500 meters.

Diamond drilling is planned at the Far East prospect where there is a strong correlation between significant gold anomalies with multiple intersections of several metres grading 5-10 g/t gold identified from historic RAB drilling, with a pronounced approximately 1 km long north-south Sub Audio Magnetics ("SAM") conductivity anomaly that is virtually coincident with the N-S trend of the gold anomalies. The correlation is especially pronounced in the north of the zone where the anomaly broadens east to west and where the gold anomalies are most abundant and stronger.

Images showing the SAM conductivity data and drilling data can be viewed on the Company's website at www.archeanstar.com/sam.jpg.

The approximately 170 sq km Gnaweeda Greenstone Belt is substantially under explored, with diamond drilling conducted on only two of its four identified gold prospects. Gnaweeda is located in the northeast of the highly prolific Murchison Greenstone Gold Belt and lies approximately 30 km northeast of the nearby 3.59 million ounce Meekatharra gold field that has historically produced approximately 4.5 million ounces of gold, and approximately 10 km south-east of the 329,000 ounce Andy Well gold project. The Murchison Gold Belt has historically reportedly produced over 18 million ounces of gold and where the most current gold resources reportedly identified during recent exploration and historical resource evaluations has increased from approximately 7 million ounces to approximately 10 million ounces during this past two years.

Subject to the approval of the TSX Venture Exchange ("TSX-V"), the Company has repriced 12,450,000 of the previously issued 13,000,000 warrants from $0.18 to $0.12, has amended the terms of the warrant from two years to three years and has deleted the forced conversion clause in the warrants. As insiders of the Company hold more than 10% of the warrants issued, (1,850,000) the insiders are only permitted to have repriced, on a pro-rata basis, 1,300,000 of the 1,850,000 warrants issued that are held by the insiders.

Subject to the approval of the TSX-V, the Company announces the grant of 2,625,000 incentive stock options to Officers, Directors, Employees and Consultants of the Company at a price of $0.075 each, exercisable for a period of five years from the date of grant, and has amended the price of 475,000 previously granted incentive stock options from $0.18 to $0.075, 1,000,000 previously granted incentive stock options from $0.15 to $0.075 and 350,000 previously granted incentive stock options from $0.10 to $0.075.

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POSITIVE SAM SURVEY RESULTS AT GNAWEEDA:

Archean Star Resources Inc. (TSX.V: ASP) (the "Company" or "Archean") announces that it has recently completed an approximately 10 sq km Sub-Audio Magnetics ("SAM") Survey over five separate locations at the Gnaweeda Gold Project approximately 35 km northeast of Meekatharra, Western Australia.

The SAM survey was conducted over the Bunarra, Turnberry, St. Annes, Far East and Archernar prospects. The Company has received interpretations of the approximately 2 sq km Bunarra survey and the 1 sq km Far East survey.

At Bunarra, the survey has identified two pronounced north-northwesterly striking high conductivity zones over a strike length of approximately 1.5 km, with a number of lesser pronounced zones lying to the west and northwest. Gold mineralization hosted in gabbro, with grades as high as 110 g/t, has been identified by diamond drilling in the approximate center of the eastern high conductivity zone. Due to the proximity and similarity of the two parallel high conductivity zones, the Company believes there is strong potential for gabbro hosted gold along strike in both high conductivity zones.

At the Far East prospect, approximately two km northeast of Bunarra, there is a strong correlation between significant gold anomalies (multiple intersections of several metres at 5-10 g/t gold) identified from historic RAB drilling and the pronounced, approximately 1 km long north-south trending SAM high conductivity zone, that is virtually coincident with the N-S trend of gold anomalies. The correlation is especially pronounced towards the north of the zone where it broadens east to west and where the gold anomalies are most abundant and stronger. Diamond drilling is planned at Far East on the pronounced SAM high conductivity zone that is virtually coincident with the N-S trend of gold anomalies.

Images showing the SAM conductivity data and drilling data can be viewed on the Company's website at www.archeanstar.com/sam.jpg.

High conductivity zones are also evident in the Turnberry, St. Annes and Archernar prospects. The SAM surveys identify important geological features at depth and a pronounced offset of a high conductivity zone is noted at the southern end of the Turnberry zone, which is indicative of a structural discontinuity.

High grade gold intersections have been drilled in three prior identified approximately 500 m long highly prospective zones within the approximately 2.5 km greater Turnberry prospect. The Company is awaiting assays from its most recent diamond drill hole, Turnberry TB008, where a 28 m strongly mineralized interval with visible gold was intersected at a depth between 325 m to 353 m.

The approximately 170 sq km Gnaweeda Greenstone Belt is located in the northeast of the highly prolific Murchison Greenstone Gold Belt and is substantially under explored, with diamond drilling conducted on only two of the four identified gold prospects, and has the potential to host similar size gold deposits to the nearby Meekatharra gold field that has historically produced approximately 4.5 million ounces of gold. Recently, Reed Resources Ltd., an ASX listed company, has updated its reported resources from approximately 3.29 million ounces of gold to 3.59 million ounces of gold and reports that mining operations are projected to commence in late 2012. The Murchison Gold Belt has historically reportedly produced over 18 million ounces of gold and during this past two years the gold resources reportedly identified during recent exploration and historical resource evaluations have increased from approximately 7 million ounces to approximately 10 million ounces.

The Company has accepted the resignation of Mr. Michael England as director of the Company and would like to thank Mr. England for his long-standing support to the Company.

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Archean Star Encounters 28 Meters of Mineralization in Hole TB008 at Gnaweeda

Archean Star Resources Inc., ASP: TSX-V, ("Archean" or the "Company") reports that diamond drill hole TB008 at the Turnberry prospect at the Gnaweeda Gold Project, with a planned depth of 350 meters to test gold mineralization down dip from hole GNRC008, was extended to, and closed off at, 374 meters downhole. A strongly mineralized zone of quartz-carbonate veins with sulphide mineralization consisting of pyrite and trace arsenopyrite and chalcopyrite was encountered from 327 meters to 355 meters downhole with visible gold present in quartz veining at approximately 337 meters.

Gold mineralization has now been identified at various depths at the southern part of the Turnberry prospect from near surface to as deep as 270 meters, along a strike length of approximately 150 meters. Mineralization is open along strike and to depth. The 2.5 km long Turnberry prospect contains three distinct highly prospective gold bearing zones each with a potential length of approximately 500 meters.

Diamond drill hole TB008 encountered the visible gold approximately 200 meters below a 5 meter intersection of 13.49 g/t gold in GNRC008. TB008 is approximately 100 meters north of the Company's diamond drill hole TB003, that encountered 3 meters of 8.27 g/t gold and hole GNRC009 that encountered 4 meters at 17.77 g/t Au and approximately 50 meters north of TB006 that encountered multiple gold intersections within an approximately 41 meter interval, with the highest grade reported being 2 meters at 10.58 g/t gold.
TB008 core has been logged and cut with samples submitted to ALS Chemex Laboratories in Perth, WA. Assays will be released when received.

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Completing 91.5% of Gnaweeda option expenditures
February 17, 2012

Archean Star Resources Inc. (TSX.V: ASP) (the "Company" or "Archean") announces that it has advised Teck Australia Pty Ltd. ("Teck") and Chalice Gold Mines Limited, ("Chalice") that Archean has completed over 80% of the budgeted 2011-2012 Joint Venture expenditure of AUD$1,750,000 on the Gnaweeda Gold Project ("Gnaweeda"). Under the terms of the underlying Joint Venture Agreement between Teck and Chalice, and the current Option Agreement between Archean and Teck, Archean is the Operator of the Joint Venture.

Chalice elected not to fund its pro-rata share of the Gnaweeda 2011 - 2012 Joint Venture expenditure, and, pursuant to the Teck-Chalice Agreement, Chalice has been diluted to an approximately 13.5% ownership of Gnaweeda, with the Teck ownership percentage increasing to 86.5%.

To date Archean has spent approximately AUD$2,750,000 or 91.5% of the required AUD$3,000,000 expenditure required to earn Teck's interest in the Gnaweeda Property, subject to Teck having a 75% back in right. Archean now has only AUD$250,000 of additional expenditures to incur to complete its 100% earn-in of Teck's interest.

The approximately 170 sq km Gnaweeda Greenstone Gold Belt, which is substantially under explored, has the potential to host similar size gold deposits to the nearby Meekatharra gold fields that have historically produced approximately 3.5 million ounces of gold, and has current reported resources of approximately 3.3 million ounces of gold. Gnaweeda is located in the northeast area of the highly prolific Murchison Greenstone Gold Belt where, historically, over 18 million ounces of gold have reportedly been produced. Westgold Resources recently announced a 29% increase in their resources at the Cue project in the Murchison gold belt; from 1.9 million ounces to 2.7 million ounces.

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ARCHEAN STAR TO ACQUIRE RICE LAKE MANITOBA GREENSTONE GOLD BELT PROPERTIES

Archean Star Resources Inc., ASP: TSX-V, (“Archean” or the “Company”) reports that it has
entered into indicative proposals to enter into two agreements to acquire a 100% interest in fourteen claims totalling approximately 2,662 hectares (26.62 sq/km)in the Rice Lake Greenstone Gold Belt, in south-eastern Manitoba. The claim groups either abut, or are otherwise bordered by San Gold claims or claims optioned by San Gold, located to the south-west of, or to the north-east of, the San Gold Rice Lake gold mine.

The Manitoba Rice Lake Greenstone Gold Belt lies approximately 80km to the west of the Red Lake Gold Camp and approximately 150km to the north of Winnipeg, MB and shares many geological similarities with the Ontario’s Red Lake Greenstone Gold Belt.

The Johann claim group consists of four contiguous claims and is immediately to the north of San Gold’s “Hinge Zone”, that has recently been drilled, and to the west of the historic “Jeep Mine”, that San gold has optioned from Wildcat Exploration Limited (“Wildcat”) . In prior news releases San Gold has reported significant gold interesctions in drill holes approximately 1 km south of the Johann claims.
The Beverley claim group consists of 9 contiguous and one separate claim that lie west south- west of the San Gold mine and south of the Mike Power claims that San gold has optioned from Wildcat. Wildcat reports that San Gold has advised it has commenced a diamond drill program on the Mike Power property, that abuts or borders the Beverley claims.

On the now Beverley 10 claim, in an historic assessment report filed with the Manitoba Department of Mines, Resources and Environmental Management, 23 rock samples were taken between 1974 and 1976 over an approximately 33 meter section of a quartz vein striking south- west to north-east in the approximate center of the claim and were submitted for assay.

Of these rock samples, four assayed in excess of 1 oz/t Au, namely 4.26 oz/t, (143.6 g/t) 3.98 oz/t, (136.43 g/t) 2.57 oz/t (88.1 g/t) and 1.84 oz/t (63.08 g/t), seven samples assayed between 0.3 oz/t Au and 1.0 oz/t Au, namely 0.87 oz/t, (29.82 g/t) 0.64 oz/t, (21.94 g/t) 0.62 oz/t, (21.25 g/t) 0.58 oz/t (19.88 g/t) 0.41 oz/t, (14.05 g/t) 0.31 oz/t, (10.63 g/t) 0.30 oz/t (10.28 g/t) of the balance of the sample, four samples graded between 0.14 oz/t AU to 0.30 oz/t Au, namely 0.28
410-744 West Hastings Street Vancouver, BC V6C 1A5 T: [phone] F: [phone]
Archean Star Resources Inc
http://www.archeanstar.com
oz/t (9.6 g/t) 0.18 oz/t (6.17 g/t) 0.16 0z/t) 95.48 g/t) and 0.14 oz/t ( 4.8 g/t) while the remainder graded less than 0.1 oz/ton (3.42 g/t)

The terms of the proposals for the Johann claims are:

• the payment of $40,000, as to $20,000 upon the singing of the Agreement and $20,000 payable on or before six months of the signing of the Agreement and;
• subject the approval of the TSX Venture Exchange, 150,000 common share of the Company, payable as to 75,000 common shares upon signing the Agreement and 75,000 Common shares on or before six months from signing the Agreement and;
• a work commitment over two years from the signing of the Agreement as to $150,000 during the first year of the Agreement and $150,000 during the second year of the Agreement.

The proposal calls for a 2% NSR, of which the entire 2% can be purchased for $1,500,000 within two years of the anniversary of the Agreement.

The terms of the proposals for the Beverley claims are:
• the payment of $150,000, as to $37,500 upon the singing of the Agreement, $37,500 payable on or before six months of the signing of the Agreement and $75,000 payble on or before the first anninversary of the agreement, and;
• subject the approval of the TSX Venture Exchange, 300,000 common shares of the Company, payable as to 150,000 common shares upon signing the Agreement and 150,000 Common shares on or before the first anniversary from signing the Agreement, and;
• a work commitment over two years as to $250,000 during the first year of the Agreement and $250,000 during the second year of the Agreement.



The proposal calls for a 2% NSR, of which the entire 2% can be purchased for $1,500,000 within two years of the anniversary of the Agreement.

The Company has paid to each of the vendors a non-refundable deposit of $5,000, that will be applied to the claims payment upon the signing of the Agreement(s). Finders fees may be payable in accordance with the policies of the TSX Venture Exchange.
In an Research Report dated September 2006 by analyst John Lee of Goldmau, Rice Lake is compared to the Red Lake Mining Distric of Ontario and the Report conclusions are that the Rice Lake Gold Belt, with historic production in excess of 2,000,000 ounces of gold is a vastly under- explored greenstone gold belt with the potential to host high-grade gold deposists on a par with the major gold districts of North America. Judging by the recent bonanza gold discoveries recently announced by Bison Gold and the ongoing results reported by San Gold in their recent news releases, the Company is of the opinion that the Rice Lake Gold Belt is now being recognized as a significant gold exploration district.

Subject to the approval of the TSX Venture Exchange, the Company has extended the expiry of 5,060,334 warrants due to expire January 29, 2012 to April 29, 2012.

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Archean Star announces multiple gold intersections at Turnberry

Archean Star Resources Inc. (TSX.V: ASP) (the "Company" or "Archean") announces multiple gold intersections contained within a 41 meter interval in diamond drill hole TB006 that has recently been completed during its ongoing drill program at the Turnberry gold prospect at its Gnaweeda Gold Project approximately 35 km northeast of Meekatharra, Western Australia. The approximately 170 sq/km Gnaweeda Greenstone Gold Belt is located in the northeast of the highly prolific Murchison Greenstone Gold Belt where historically over 18 million ounces of gold have reportedly been produced and where currently approximately 7 million ounces of gold resources have reportedly been identified during recent exploration and historical resource evaluations.

The highest gold grade reported in TB006 was a 2 meter intersection from 69 to 71 meters that averaged 10.58 g/t Au, while a 3 meter intersection from 107 to 110 meters averaged 6.70 g/t Au. The better results are tabulated below.

   
 Intersection depth in meters         width      Average Grade g/t Au 
 69 - 71                                 2                   10.58 
 Incl.                                   1                   16.65 
 79.5 - 80.5                             1                    3.30 
 82 - 83                                 1                    4.60 
 91 - 93                                 2                    1.73 
 99 - 102                                3                    2.73 
 105 - 106                               1                    1.19 
 107 - 110                               3                    6.70 
 Incl.                                   1                    8.75 
  

Diamond drill hole TB006 was collared approximately 50 meters north of the Teck Australia Pty. Ltd ("Teck") drill hole GNRC009 that intersected 4 meters at 17.70 g/t Au (incl. 1 meter at 59.27 g/t Au) and the Company's diamond drill hole TB003 that contained 3 meters at 8.27 g/t Au, and approximately 25 meters south of Teck drill hole GNRC008 that intersected 5 meters at 13.49 g/t Au (incl 1 meter at 20.23 g/t Au).

Anomalous gold intersections were also present at various intervals below 110 meters in TB006. Diamond drill hole TB007, that was collared 50 meters east of TB003, had results up to 1.66 g/t Au, and several intervals grading 0.5 - 1 g/t. Diamond drill hole TB008 was collared approximately 25 meters north of GNRC008 and 50 meters north of TB006, and drilling is ongoing.

The approximately 2.5 km long by 750 meter wide Turnberry gold prospect is underexplored with only 35 RC drill holes extending below 100 meters, the majority of which intersected gold mineralization in three prior identified higher grade zones, each of which have a potential strike length of approximately 500 meters.

The highest gold grade reported at Gnaweeda is from a previously reported 1 meter interval at an average 110.1 g/t Au within an 18 meter multiple gold intersection inthe Company's diamond drill hole BN003. This hole was drilled at the Bunarra gold prospect, which has a known strike length of approximately 1 km. Bunarra is approximately 18 km south of the Turnberry gold prospect.
The approximately 170 sq/km Gnaweeda Greenstone Gold Belt is substantially unexplored, with diamond drilling conducted on only two of its four identified gold prospects, and has the potential to host similar size gold deposits to the nearby Meekatharra gold field, that has historically produced approximately 3.5 million ounces of gold and has current reported resources of approximately 3.29 million ounces of gold.

Gnaweeda lies approximately 10 km to the south-east of Doray Minerals 329,000 ounce Andy Well prospect. In Western Australia, the ability to proceed from discovery to mining for gold projects is relatively rapid compared to other jurisdictions around the world, as evidenced by Doray Minerals going from discovery to projecting commencement of mining operations in early 2013, approximately 3.5 years from the discovery of high grade mineralization.

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Archean Star to Acquire Rice Lake Manitoba Greenstone Gold Belt Properties

January 21,2012

Archean Star Resources Inc., ASP: TSX-V, ("Archean" or the "Company") reports that it has entered into indicative proposals to enter into two agreements to acquire a 100% interest in fourteen claims totalling approximately 2,662 hectares (26.62 sq/km)in the Rice Lake Greenstone Gold Belt, in south-eastern Manitoba. The claim groups either abut, or are otherwise bordered by San Gold claims or claims optioned by San Gold, located to the south-west of, or to the north-east of, the San Gold Rice Lake gold mine.

The Manitoba Rice Lake Greenstone Gold Belt lies approximately 80km to the west of the Red Lake Gold Camp and approximately 150km to the north of Winnipeg, MB and shares many geological similarities with the Ontario's Red Lake Greenstone Gold Belt.

The Johann claim group consists of four contiguous claims and is immediately to the north of San Gold's "Hinge Zone", that has recently been drilled, and to the west of the historic "Jeep Mine", that San gold has optioned from Wildcat Exploration Limited ("Wildcat") . In prior news releases San Gold has reported significant gold interesctions in drill holes approximately 1 km south of the Johann claims.

The Beverley claim group consists of 9 contiguous and one separate claim that lie west south-west of the San Gold mine and south of the Mike Power claims that San gold has optioned from Wildcat. Wildcat reports that San Gold has advised it has commenced a diamond drill program on the Mike Power property, that abuts or borders the Beverley claims.
On the now Beverley 10 claim, in an historic assessment report filed with the Manitoba Department of Mines, Resources and Environmental Management, 23 rock samples were taken between 1974 and 1976 over an approximately 33 meter section of a quartz vein striking south-west to north-east in the approximate center of the claim and were submitted for assay.

Of these rock samples, four assayed in excess of 1 oz/t Au, namely 4.26 oz/t, (143.6 g/t) 3.98 oz/t, (136.43 g/t) 2.57 oz/t (88.1 g/t) and 1.84 oz/t (63.08 g/t), seven samples assayed between 0.3 oz/t Au and 1.0 oz/t Au, namely 0.87 oz/t, (29.82 g/t) 0.64 oz/t, (21.94 g/t) 0.62 oz/t, (21.25 g/t) 0.58 oz/t (19.88 g/t) 0.41 oz/t, (14.05 g/t) 0.31 oz/t, (10.63 g/t) 0.30 oz/t (10.28 g/t) of the balance of the sample, four samples graded between 0.14 oz/t AU to 0.30 oz/t Au, namely 0.28 oz/t (9.6 g/t) 0.18 oz/t (6.17 g/t) 0.16 0z/t) 95.48 g/t) and 0.14 oz/t ( 4.8 g/t) while the remainder graded less than 0.1 oz/ton (3.42 g/t)

The terms of the proposals for the Johann claims are:

· the payment of $40,000, as to $20,000 upon the singing of the Agreement and $20,000 payable on or before six months of the signing of the Agreement and;
· subject the approval of the TSX Venture Exchange, 150,000 common share of the Company, payable as to 75,000 common shares upon signing the Agreement and 75,000 Common shares on or before six months from signing the Agreement and;
· a work commitment over two years from the signing of the Agreement as to $150,000 during the first year of the Agreement and $150,000 during the second year of the Agreement.
The proposal calls for a 2% NSR, of which the entire 2% can be purchased for $1,500,000 within two years of the anniversary of the Agreement.
The terms of the proposals for the Beverley claims are:
· the payment of $150,000, as to $37,500 upon the singing of the Agreement, $37,500 payable on or before six months of the signing of the Agreement and $75,000 payble on or before the first anninversary of the agreement, and;
· subject the approval of the TSX Venture Exchange, 300,000 common shares of the Company, payable as to 150,000 common shares upon signing the Agreement and 150,000 Common shares on or before the first anniversary from signing the Agreement, and;
· a work commitment over two years as to $250,000 during the first year of the Agreement and $250,000 during the second year of the Agreement.

The proposal calls for a 2% NSR, of which the entire 2% can be purchased for $1,500,000 within two years of the anniversary of the Agreement.

The Company has paid to each of the vendors a non-refundable deposit of $5,000, that will be applied to the claims payment upon the signing of the Agreement(s). Finders fees may be payable in accordance with the policies of the TSX Venture Exchange.

In an Research Report dated September 2006 by analyst John Lee of Goldmau, Rice Lake is compared to the Red Lake Mining Distric of Ontario and the Report conclusions are that the Rice Lake Gold Belt, with historic production in excess of 2,000,000 ounces of gold is a vastly under-explored greenstone gold belt with the potential to host high-grade gold deposists on a par with the major gold districts of North America. Judging by the recent bonanza gold discoveries recently announced by Bison Gold and the ongoing results reported by San Gold in their recent
news releases, the Company is of the opinion that the Rice Lake Gold Belt is now being recognized as a significant gold exploration district.

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Archean Star updates gnaweeda diamond drill program

December 6, 2011

Archean Star Resources Inc. ("Archean" or the "Company") announces that the first diamond drill hole has been completed, and the second diamond drill hole in the current diamond drill program, TB007, is now underway on the Turnberry zone at the Gnaweeda Gold Project ("Gnaweeda") at Meekatharra in the Murchison Gold District, Western Australia.

Drill hole TB006 was completed to a depth of 326.9 meters and is an approximately 50 meter step out hole from diamond drill hole TB003 where the Company intersected 3 meters grading 8.27 g/t Au and 16 meters grading 2.34 g/t Au and Teck Australia Pty, Ltd, ("Teck") hole GNRC009 that intersected 4 meters at 17.77 g/t Au. Hole TB007 is collared 50 meters east of TB003 and is targeting down dip of the supergene enriched zone of 16 meters at 2.34 g/t Au encountered in TB003. The collar of the third diamond drill hole, TB008 is located approximately 50 meters north of TB006.

In diamond drill hole TB006, mineralization begins approximately 150 meters down hole and consists of significant quartz veining along with pyrite that is present over much of the same interval, locally up to 5%, and is notably abundant in the lower parts of the hole. Gold intersections in both TB003 and GNRC009 are associated with pyrite.

The current drill program is on the southernmost of the three earlier identified higher grade gold zones within the main 2.5 km x 750 m Turnberry zone.

The TB006 drill core is currently being logged, split, and sampled, after which the samples are to be submitted for assay to the ALS Chemex laboratory in Perth, Western Australia. Assay results will be released as received.

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ARCHEAN STAR ANNOUNCES PRELIMINARY GNAWEEDA IP SURVEY RESULTS: PLANS DIAMOND DRILL PROGRAM

Archean Star Resources Inc. (TSX.V: ASP) (the “Company” or “Archean”) announces that it has received preliminary results from the recently completed, approximately 12 line km IP Survey at the Gnaweeda Gold Project in Western Australia. The Gnaweeda Gold Project consists of four tenements of approximately 170 square kilometers and is in close proximity to the town of Meekatharra in the Murchison Gold District of Western Australia, where historically approximately 3.5M ounces of gold has been mined previously from open pits around the town.

The survey, conducted by Quantec Geoscience (“Quantec”), covered portions of the St. Anne’s and Bunarra gold prospects and successfully imaged resistivity and IP chargeability to a depth of approximately 500 meters. Quantec incorporated an overlay of historic and current drill results to assist in interpreting the information gained during the survey, which, along with a review by the Company’s senior geologist, Dr. Clay M. Conway, Ph.D. P.Geol, and Mr. W. Robertson, Chief Geophysicist of Value Adding Geophysics of Perth, WA, is to be used to assist in locating drill holes for the upcoming diamond drill program at Gnaweeda that is expected to commence mid October.
At the St. Anne’s prospect, a north-trending IP chargeability low to the west corresponds with a belt of felsic volcaniclastic rocks and a north-trending IP chargeability high to the east corresponds roughly with a belt of mafic volcanic rocks. The boundary area between the two belts is a major shear zone as interpreted by aeromagnetic data and corresponds to a fault on a 1997 map based on lithologies at the base of RAB holes. The IP data and local shallow resistivity highs at St. Anne’s coincide with gold anomalies identified in previous shallow drilling in this boundary zone and provides guidance for the upcoming drilling program.

At the Bunarra gold prospect, the IP survey identified a large resistivity zone at depth under the general drill area, but also a pronounced IP chargeability high in the near vicinity where the Company intersected 11.71 g/t Au over 18 meters in its 2010 diamond drill program, and 0.31 g/t Au over 79 meters during its March 2011 diamond drill program. Follow up drilling is planned to test the extension of the mineralization and particularly to drill the IP chargeability high.
Additionally, the Company intends to conduct a follow up diamond drill program in the vicinity of the 3 meters of 8.27 g/t Au and 16 meters of 2.46 g/t Au intersections identified at the Turnberry zone during the 2010 drill program.

410-744 West Hastings Street Vancouver, BC V6C 1A5 T: [phone] F: [phone]
Archean Star Resources Inc
http://www.archeanstar.com
To date, the Company has incurred approximately AUD$1.8M of the AUD$3.0M expenditure required by October 31, 2013 to earn, subject to a 75% back in right, 100% of Teck Australia Pty, Ltd’s (“Teck”) interest in the Gnaweeda Gold Project and anticipates it will complete the earn in expenditure by February, 2012.
The Company will be participating at the Cambridgehouse Toronto Investment Conference, September 15 and 16 at the Sheraton Toronto Center, and at the Sydney Mines and Money Australia Conference at the Sydney Darling Harbour Convention Center, October 10 and 11.
The Company announces the appointment of Dr. Clay M. Conway, Ph.D. P.Geol, a Qualified Person as recognized by National Instrument NI-43-101, as a director of the Company and Mr. Robin Peterson, CGA, as Chief Financial Officer (“CFO”) and the resignation of Mr. Marvin A. Mitchell P. Eng as a director and Mr. G. Amor as CFO. The Company thanks Mr. Mitchell for his service as a director and Mr. Amor for his service as CFO since the inception of the Company.

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Archean Star Resources Engages Quantec Geoscience for 3d IP Survey:

Archean Star Resources Inc. and its wholly owned subsidiary, Archean Star Resources Australia Pty, Ltd (together "Archean" or the "Company") report that it has engaged Quantec Geoscience Pty, Ltd, to conduct a 3D Induced Polarization ("IP") Survey at the Bunarra prospect on its Gnaweeda Gold Project in Western Australia.

The 3D IP survey over the Bunarra prospectis to determine the extent and orientation of the identified mineralized zone and, along with the geological data derived from the recent drill programs, to assist in providing additional targets for the upcoming diamond drill program. The Company's geological consultants consider that the extent of the mineralized zone and gold intersections identified to date is promising and that the 3D IPmay determinewhether a distinct IP signature can be identified that may be also applied to the other three known mineralized zones, Turnberry, St. Anne's and Far East. The Bunarra mineralized zone has a strike-length of approximately 200 meters and is open along strike and to depth. A fourth target, a large structural/alteration target identified by geophysics lies approximately three km northwest of the Turnberry zone.

Gold mineralization at the Bunarra prospectis associated with quartz-tourmaline veins, arsenopyrite, and pyrite with dolerite being the primary host rock for the gold mineralization. There is a strong positive correlation between gold, silver, and arsenic and mineralization may be present in several parallel zones. The most significant intersection to date at Bunarra is drill hole BN003 (previously reported), that intersected an 18 meter intersection of 11.71 g/t Au that includes 4 meters at 37.76 g/t Au, (inclusive of a 1 meter intersection averaging 110.1 g/t Au), 1 meter at 24.2 g/t Au and 3m at 7.09 g/t Au. The most significant intersections at the Turnberry prospect included 3m at 8.27 g/t Au and 16m at 2.46 g/t in the previously reported drill hole TB003.

The next phase drill program consists of 6 diamond drill holes at the St. Anne's prospect to follow up prior reportedgold intersections, and following the completion and interpretation of the Bunarra 3D IP Survey, continued drilling at the Bunarra prospect.
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Archean Star Resources Inc. is a junior exploration company that, through its wholly owned subsidiary, Archean Star Resources Australia Pty Ltd, has entered into an Option Agreement, subject to a 75% back in right, to earn 100% of Teck Australia Pty Ltd's ("Teck") interest in Chalice Gold Mines Limited's Gnaweeda Gold Project in West Australia. Kent Exploration Inc. (TSX-V: KEX) with approximately 10,000,000 shares or 35% of the outstanding common shares, is the controlling shareholder of Archean.