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All Star Minerals PLC (ASMO)

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Friday 05 September, 2014

All Star Minerals PLC

Further re Peter Craigie Mine


                             ALL STAR MINERALS PLC                             

                                                                               
                         ("All Star" or "the Company")                         

                        Further: Re Peter Craigie Mine                         

5 September 2014

Further to the announcement made on the 7 July 2014, the Company announces that
following the completion and subsequent analysis of drilling results at the
Peter Craigie Mine that it has decided not to proceed with exercising the
option to acquire the project.

The Directors are of the opinion that there are more attractive opportunities
for the Company to pursue than the Peter Craigie Mine, and are in active
discussions with a view to completing such a transaction.

The Directors of the Company accept responsibility for the content of this
announcement.

ENQUIRIES:

All Star Minerals plc
Tomas Nugent, Chairman
Conrad Windham, CEO
01366 500722
www.allstarminerals.co.uk

ISDX Corporate Adviser
Cairn Financial Advisers LLP
Liam Murray
020 7148 7900

a d v e r t i s e m e n t