Silverstar Mining and NJMC

New company in town, including David Bond and a JV with New Jersey Mining. Should be interesting to follow!

http://www.silverstarmining.com/


It is our pleasure to announce the launch of Silverstar Mining Corp. We are also proud to have Mr. David Bond as our chairman of the board. This is Mr. Bond’s first venture into the public market. Silverstar Mining Company (SLVM.OB) is in the business of acquiring and developing late-stage precious and strategic base metals exploration properties in the Americas with an eye toward putting them into near-term production, either by our own unique management team or in cooperation with joint-venture partners. We are proud of our success thus far. There is an old axiom amongst miners: If you want to hunt for elephants, you must first be in elephant country. Silverstar Mining Co. is there. Our first property, the Corby Mine in northern Idaho's fabled Silver Valley, represents production potential of immense value that was overlooked entirely by all but a handful of qualified geologists, overshadowed by its more famous neighbours, the Bunker Hill, Sunshine, Crescent and Page mines. It's now Corby's turn to be in the sun. We intend to acquire more properties like the Corby in ore-rich districts such as the Coeur d'Alenes. We have the expertise, the relationships, the financing and the enthusiasm to bring these valuable properties into production.

On July 9th 2008 Silverstar Mining Corp announced the entry into of a joint venture agreement with New Jersey Mining Co. whereby Silverstar will become a 50-50 partner with New Jersey in the Silver Strand silver mine in the Coeur d'Alene Mining District. The joint venture agreement is to close on or before July 31, 2008. New Jersey describes the Silver Strand as thus: “An underground gold and silver mine with exciting exploration potential, the Silver Strand is an intriguing deposit. Hosted by the prolific silver-producing Revett formation of the Coeur d’Alene Mining District, the Silver Strand is unique in its high gold content.”

Please visit our web site www.silverstarmining.com and register to receive updates on this exciting project as well as upcoming literature and events.

Yours sincerely

Jim MacKenzie
CEO
Silverstar Mining Corp
jim@silverstarmining.com
604 960 0535