Mr. Jim Engdahl reports

STAR MINERALS GROUP LTD. CORPORATE UPDATE

Star Minerals Group Ltd., further to the news release dated Aug. 6, 2014, has provided an update on the operations of its Casey-Snider placer gold project.

As at Oct. 10, 2014, Star has produced and sold 97 ounces of gold at the Casey-Snider operation through its wholly owned United States subsidiary, Star Minerals Group U.S. LLC.

Delays in start-up and continuity of production has adversely affected the production rate and the corresponding cash flow from the operation to date. In response, Star's management team has made what it believes are the necessary improvements to increase production rates going forward. The changes made at the Casey-Snider operation were made by working closely with its operational staff on site in Drummond, Mont., to increase efficiency, significantly decrease costs and eliminate any further downtime. Star's Canadian management team would like to thank the efforts of its U.S. staff on its dedication and hard work in identifying and eliminating the start-up challenges at the production site. This week, starting Oct. 14, will mark the first week of continued production at the maximum rates, and Star expects substantially higher corresponding production until the end of the mining season some time in late November, dependent on weather. The company will start production again as early as possible in the spring of 2015 and will be targeting eight months of production for 2015.

Further to the operational update, Star announces that it has issued one million common shares from treasury in lieu of $50,000 of debt in relation to the terms of the definitive agreement as outlined in Star's Aug. 6 news release.

Star's president and chief executive officer, Jim Engdahl, states, "We are very pleased with the operational improvements that have been made which will allow the Casey-Snider placer gold operation to be successful in the future."

Star entered into a lease arrangement effective May 1, 2014, with the goal of putting into production a placer gold operation on the leased property. Star's objective was and is to produce cash flow to allow the company to move forward in developing its other assets related to strategic minerals in the energy world, such as rare earths, graphite, lithium, cobalt, manganese and vanadium.

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