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11/11/03 7:03 PM

#2048 RE: echarter #2047


Exall and Southern Star release Gold Eagle assays

Southern Star Resources Inc SSR
Shares issued 18,089,107 Nov 10 close $0.195
Tue 11 Nov 2003 News Release
See (EXL) News Release
Mr. Stephen Roman of Exall Resources reports
BONANZA GOLD GRADES INTERSECTED AT GOLD EAGLE
Exall Resources and Southern Star Resources have released initial assay
results of the phase 2 drill program presently continuing at Exall's Gold
Eagle mine property located in Red Lake, Ont. These results are from
drilling on the newly discovered western extension zone (see news in
Stockwatch dated Nov. 5, 2003). Large sections of hole SS No. 7 are
presently in for assay. A full description of SS No. 7 will be released
when they become available. Initial highlights of SS No. 7 include the
following:

WESTERN EXTENSION ZONE

Hole From To Length Au
No. (ft) (ft) (ft) (oz/t)

SS No. 7 531.5 534.0 2.5 0.57
701.2 705.8 4.6 0.10
incl. 701.2 703.4 2.2 0.17
817.6 820.0 2.4 0.58
1586.5 1589.1 2.6 9.23

SS No. 2
(as
previ-
ously
reported) 947.3 952.2 4.9 0.30
incl. 948.9 950.2 1.3 0.83

In addition, anomalous gold values were encountered on both sides of the
9.23-ounce intersection and further infill results are expected. SS No. 7
was drilled to a depth of 2,132 feet (650 metres) from the same collar as
SS No. 2. SS No. 2 was drilled to 1,033 feet (315 metres) and Southern Star
is currently deepening hole SS No. 2. These are intersection lengths.
Additional drill holes will be required to determine true width and to
further understand this discovery.
The Gold Eagle property consists of 35 patented claims totalling 726.1
hectares (1,793.5 acres) in the heart of the prolific Red Lake gold camp.
The Gold Eagle mine produced approximately 40,000 ounces of gold from 1937
to 1941. Since operations ceased, no significant exploration program has
been undertaken on the property. With successful former producing mines on
two sides of the property near the northern boundary, the claims are
exceptionally well located. There are no royalties on the subject property.
During sampling, drill core is split with a saw and one-half is sent to SGS
Labs for preparation and analysis, and the remaining half is securely
stored for record purposes and/or further work. Dr. James M. Patterson,
PhD, PGeo, DIC, is the qualified person within the meaning of National
Instrument 43-101. Dr. Patterson and has reviewed the exploration results
contained in this news release.
Southern Star has an option to earn a 50-per-cent interest in the Gold
Eagle mine property by completing $2-million in exploration work, as well
as making cash and share option payments to Exall over the next two years.
(c) Copyright 2003 Canjex Publishing Ltd. http://www.stockwatch.com