GlobeStar Wins Outstanding Business Achievement Award

TORONTO, ONTARIO--(Marketwire - Oct. 6, 2009) - GlobeStar Mining Corporation ("GlobeStar") (TSX: GMI.TO), is pleased to announce that it has been selected by the Ontario Chamber of Commerce to receive the Outstanding Business Achievement Award for Corporate Governance.

GlobeStar would like to thank the Ontario Chamber of Commerce for recognizing the hard work and dedication of its board of directors, management team and employees, and their commitment to best practices in the areas of environmental responsibility, community development and corporate governance.

The award will be presented at the 2009 Outstanding Business Achievement Awards Gala which honours Ontario businesses for their innovation and successful business practices. The Gala event will be held at the Metro Toronto Convention Centre on Wednesday November 25, 2009. Additional information concerning this award and the Ontario Chamber of Commerce may be found at www.occ.on.ca.

About GlobeStar

GlobeStar is a Canadian based mining and exploration company producing copper, gold and silver at its Cerro de Maimon Mine in the Dominican Republic. GlobeStar is also exploring for copper and gold on its extensive mineral concessions in the Dominican Republic.

GlobeStar has developed NI-43-101 compliant inferred mineral resource estimates for the Moblan Lithium Project in Quebec, Canada and the Cumpie Hill lateritic nickel deposit in the Dominican Republic.

GlobeStar maintains a listing on the Toronto Stock Exchange (symbol: GMI). Additional information concerning GlobeStar can be found on GlobeStar's website www.globestarmining.com.

Contacts

David Brace
GlobeStar Mining Corporation
Chief Executive Officer
(416) 640-4915
dbrace@globestarmining.com

Alyson Caseley
GlobeStar Mining Corporation
Investor Relations
(416) 868-6678 Ext: 4029
acaseley@globestarmining.com
www.globestarmining.com