ASP Transatlantic Mining Corporation

Archean Star Resources Inc. (TSX VENTURE:ASP) (the "Company" or "Archean")
reports that a diamond drill program has commenced at the Far East Gold Prospect
on the pronounced SAM ('Sub-Audio Magnetotelluric') conductivity anomaly that is
virtually coincident with the N-S trend of gold anomalies at the Gnaweeda Gold
Project in the well endowed Murchison Gold Field in Western Australia. The key
highlights are:




--  "Significant structurally related geophysical anomalies have been
    identified at Far East & Bunarra" 
--  "Drill testing of historic multiple meter intersections up to 7 g/t Au
    now underway at Far East" 
--  "Additional holes planned at Bunarra Prospect where prior intersection
    include 18 m @ 11.79 g/t Au"



Multiple gold intersections with multiple meter gold intervals grading up to 7
g/t Au have been identified on the Far East gold prospect from prior RAB
drilling, which is now being followed up with a diamond drilling program. The
multiple gold intersections broadly correlate with an approximately 1 km long
SAM anomaly identified in the recentsurvey (image below or
http://www.archeanstar.com/properties/far-east/far-east-sam-anomaly).


The approximately $300,000 diamond drill program at Gnaweeda is co-funded by the
Government of Western Australia Department of Mines and Petroleum ("DMP") under
its exploration co-funding program with the granted funding from the DMP set at
a maximum $150,000.


The Far East and Bunarra gold prospects are approximately 14 km and 17 km
respectively, south of the Turnberry gold prospect that was the subject of the
most recent drill program. The more significant gold intersections at Bunarra
were 18 meters grading 11.79 g/t Au and 79 meters grading 0.31 g/t Au. These
intersections were located in the approximate center between two significant
identified SAM anomalies.


To view the map accompanying this press release please click on the following
link: http://file.marketwire.com/release/ASP0618.pdf


On completion of this program, the Company will have completed the required
expenditures to earn, subject to a 75% back in right, 100% of Teck Australia Pty
Ltd's interest in Gnaweeda.


The approximately 170 sq km Gnaweeda Greenstone Gold Belt, which is
substantially under explored, lies approximately 35 km to the northeast of the
town of Meekatharra, where Reed Resources, an ASX listed Company, reported gold
production had commenced from its Meekatharra Gold Operation, and approximately
10km east of Doray Minerals' Andy Well project, where open pit mining operations
have commenced.


Archean Star Resources Inc. is a junior exploration company listed on the TSX
Venture Exchange that is creating shareholder value by earning, through its
wholly owned subsidiary, Archean Star Resources Australia Pty Ltd, 100% of Teck
Australia Pty Ltd.'s ("Teck") interest, subject to a 75% back in right in such
interest to Teck, in Chalice Gold Mines Limited's Gnaweeda Gold Project in
Western Australia. The Company is also earning an 80% interest in AMCOR's
Monitor Copper, Gold and Silver project in the Coeur D'Alene Mining District in
Idaho.


This News Release has been prepared on behalf of the Archean Star Resources Inc.
Board of Directors, which accepts full responsibility for its contents. The
contents of this news release have been reviewed and approved by Dr. Clay
Conway, P.Geol, a Qualified Person as recognized by National Instrument
NI-43-101, and a director of the Company.


ON BEHALF OF THE BOARD

Graeme O'Neill, President

Neither the TSX Venture Exchange, nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange), has reviewed, nor
do they accept responsibility for, the adequacy or accuracy of this news
release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Archean Star Resources Inc.
Graeme O'Neill
President
(604) 684-3394
(888) 282-7763 (FAX)
www.archeanstar.com

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