friends of goldstar, page-16

From the GDR Bulk sampling notice 10-1-07


... Based on the current rate of advance, Goldstar expects to intersect the first quartz reefs and commence
extraction of initial bulk samples of high-grade quartz reef material during January. As part of the
EBSP, Goldstar is aiming to access between four and six of the total package of 9 high-grade quartz
reefs identified within the Eureka Dyke Bulge.
Underground sampling at Eureka will be ongoing during the March 2007 Quarter, with the overall EBSP
scheduled for completion by the end of the Quarter. Crushing, processing and analysis of the samples
will be run in parallel with the sampling, with initial results expected to be available soon after the
commencement of strike driving.
It is anticipated that results from the sampling program will continue to flow throughout this period and
into the June 2007 Quarter. The results will then be fed into the mining Feasibility Study for Eureka,
which is also well underway.
Goldstar estimates the overall impact on the timing of the EBSP as a result of the bushfire emergency
over the Christmas period to be a delay of approximately 4-5 weeks in completing the EBSP.
Surface diamond drilling has also resumed at both Eureka and Tubal Cain as part of expanded
exploration and resource development programs announced following the recent $13 million capital
raising
Andrew King
Managing Director