Lachlan Star Limited — Board/Management Information 2011

Sep 8, 2011

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9 September 2011

LACHLAN STAR ANNOUNCES APPPOINMENT OF SCOTT PERRY AS NON EXECUTIVE DIRECTOR AND RETIREMENT OF TOM DUCKWORTH

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Gold miner Lachlan Star Limited (“Lachlan” or the “Company”) (ASX: LSA) is pleased to announce the appointment of Scott Perry to the Board of Directors in a Non Executive role.

Scott brings a wealth of experience to the Company, and is currently the Executive Vice President and Chief Financial Officer of Aurico Gold, a TSX and NYSE listed company with gold mining operations in Mexico and a market capitalisation of approximately C$2.3 billion. He has a Bachelor of Commerce from Curtin University as well as a CPA designation. Scott commenced his career with Newmont in Australia before moving to Barrick where he rose to be the Chief Financial Officer for Barrick’s Russian and Central Asian division, culminating in the secondment as Chief Financial Officer and board member of Highland Gold, a London listed company with gold operations in Russia. Scott took up his role with Aurico in early 2008, where his focus has been on financial reporting, execution of the business plans, investor relations and corporate M+A activity. Scott is resident in Toronto and well known in the investor community in North America and will add North America depth to the Lachlan Star team.

Scott will be paid A$30,000 per annum as a non executive fee, and the Lachlan Star Board has agreed to issue Scott with 150,000 2 year options with a $1.20 strike price, and a further 150,000 2 year options with a $1.50 strike price, subject to shareholder approval at the Company’s AGM in November.

Tom Duckworth has resigned from the Board as a non executive director in accordance with his retirement plans. Tom has been a Board member since 2007, and the Company thanks him for his valuable contributions since then. Tom will continue to be available to the Company on an as required basis so that the Company can continue to make use of his 50 plus years of experience in the metallurgy and process fields.

For and on behalf of the Board

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Mick McMullen Chairman

For further information please visit www.lachlanstar.com.au or contact

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Mick McMullen Chairman Lachlan Star Tel: +61(0)8 9481 0051 Email: mick.mcmullen@lachlanstar.com.au

James Harris Professional Public Relations Tel: +61(0)8 9388 0944 Email: james.harris@ppr.com.au

Forward-Looking Statements

This news release contains forward-looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward-looking statements.

About Lachlan Star Limited

Lachlan Star Limited is an emerging minerals exploration and development company headquartered in Perth, Western Australia. The Company is focused on acquiring and developing assets within the gold and copper sectors within Australia and Chile. The company has a board of directors and management team with an impressive track record of advancing resource projects through to production.

Lachlan Star’s current projects include a 100% interest in the CMD Gold Mine in Chile, the Bushranger copper and gold project in New South Wales and the Princhester magnesite deposit in Queensland.

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