Received by email:

File: DSR - PV Joint News Release reArrangement Agreement - March 5.15.docx


Desert Star Resources and Providence Resources  Announce Signing of Amalgamation Agreement
VANCOUVER, B.C. - March 5, 2015 - Desert Star Resources Ltd. ("Desert Star")(TSX-V: DSR) and Providence Resources Corp
--->.("Providence")(TSX-V: PV)(Desert Star and Providence together, the "Companies") announce that further to their news r
--->elease of November 27, 2014, the Companies have signed an arrangement agreement (the "Arrangement Agreement") pursuant
---> to which the Companies will amalgamate to form a new company ("Amalco") whose primary focus will be on the identifica
--->tion, acquisition and development of copper and gold projects in the Southwestern U.S.A.  Amalco will retain the name 
--->of "Desert Star Resources Ltd."  The Arrangement Agreement supercedes and replaces the letter of intent between the Co
--->mpanies announced on November 27, 2014.  
"The completion of this amalgamation, in addition with the completion of Desert Star's equity financing announced Marc
--->h 3, 2015, provides the company with the necessary capital to complete its planned drill programs at both the Red Top 
--->and Copper King projects in Arizona, immediately upon receiving the drilling permits", stated Vince Sorace, President 
--->and CEO of the Companies.
The Arrangement Agreement provides that the Companies will amalgamate such that each Desert Star shareholder will rece
--->ive one share in Amalco for every Desert Star share held and each Providence shareholder will receive 0.4 shares in Am
--->alco and 0.4 share purchase warrants in Amalco (each whole Amalco warrant exercisable for 2 years at $0.25) for every 
--->Providence share held.  The Companies will each hold annual general and special meetings on Wednesday April 8, 2015, a
--->t which their respective shareholders will vote on various items of business, including the amalgamation.  Detailed in
--->formation about the amalgamation, including fairness opinions obtained by each company as it relates to the amalgamati
--->on, will be provided to shareholders in the Companies' joint information circular for the transaction that will be mai
--->led out next week and posted to the SEDAR website under the profile of each company at www.sedar.com.
About Desert Star and Providence
Desert Star is a Vancouver-based mineral exploration company focused on the identification, acquisition and developmen
--->t of copper and gold projects located in top-tier mineral belts in the southwestern United States that contain signifi
--->cant historical production, existing mining infrastructure and an established mining culture.
Providence Resources is a precious and base metal junior exploration company focused on creating shareholder value thr
--->ough acquisition and aggressive exploration in established, highly endowed mineral belts.

On behalf of the Board of 
DESERT STAR RESOURCES LTD AND PROVIDENCE RESOURCES CORP.

Vince Sorace, President and CEO

For further information please contact:
Desert Star Resources Ltd.:  info@desertstar.ca or visit our website at www.desertstar.ca. 
Providence Resources Corp.: investor@pvresources.ca or visit our website at www.pvresources.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.