Astral Mining Corporation (AA.TSXV) (“Astral” or the “Company”) announces that it has arranged a non-brokered private placement of up to 1,200,000 flow-through units at a price of $0.25 per unit to raise gross proceeds of up to $300,000, which the MineralFields Group has agreed to purchase. Each flow-through unit will consist of one flow-through common share and one-half of one transferable share purchase warrant. Each full warrant will entitle the holder to purchase one non-flow-through common share of the Company for twelve months from the closing date, at a price of $0.40 per share. The Company will pay a cash finder's fee to First Canadian Securities ® of 5% (no HST payable) of the gross proceeds raised in the private placement. The Company will also pay due diligence fees on closing of 5% plus HST.

The funds will be used for an airborne survey on the Honeymoon and Barriere Ridge properties in British Columbia. Closing of the private placement is subject to Astral receiving conditional acceptance from the TSX Venture Exchange. The securities issued in connection with this private placement will have a hold period of four months from the date of issuance. Astral Mining Corporation is a Canadian company engaged in the exploration and development of precious metal properties in North America.

By focusing on exploration in mining-friendly districts, the Company minimizes the political and social risks encountered in many other parts of the world. With a new gold discovery at the Company's Jumping Josephine Gold Project in Southern British Columbia and an experienced technical team and seasoned management, Astral is poised to leverage this expertise into early exploration success. Further details on Astral Mining Corporation and its high-quality portfolio of exploration projects can be found at www.astralmining.com.

ON BEHALF OF THE BOARD

“Manfred Kurschner"

Mr. Manfred Kurschner,

President & CEO Astral Mining Corporation

For further information on Astral please contact Manfred Kurschner, President & CEO, at (604) 569-0800, or by email This e-mail address is being protected from spambots. You need JavaScript enabled to view it This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or visit the Company's web site at http://www.astralmining.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

2011 Number 16