| Document Date: 2010-11-04 06:51:48
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City Talca / Santiago / Copiapó / Calama / Chañaral / Nancagua / / Company Capital Drilling Ltd. / POLAR STAR MINING CORPORATION / Antofagasta PLC / Coastal / OVERVIEW Polar Star / Agate Bay Resources / / Country Canada / Chile / / Currency USD / / Event General or Shareholder Meeting / Second Stock Issuance / Labor Issues / FDA Phase / Earnings Announcement / Business Partnership / / Facility San Pedro mine / / IndustryTerm satellite anomalies / precious metal mineralization / mobile metal ions coppermolybdenum-uranium anomalies / Prior mining / contiguous / satellite image / test mining / base metal sulphides / pit mining / satellite anomaly / mining / bulk mining techniques / travel expenses / project satellite imagery / oxide copper mining district / porphyry copper systems / porphyry copper-gold systems / / NaturalFeature Sierra Limon Verde / / Person Esperanza-El Tesoro / / Position broker / President and COO / / Product Q1 / / Technology radiation / geophysics / / URL www.sedar.com / www.polarstarmining.com / /
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POLAR STAR MINING CORPORATION (An Exploration Stage Enterprise) MANAGEMENT DISCUSSION AND ANALYSIS OF