Alberta Star Intersects 3.0 Meters of 2.50% Zinc, 0.22% Lead and 1.60 G/Ton Silver at Mag Hill Target at Contact Lake, NT

April 28th, 2008

Alberta Star Development Corp. (the “Company”) listed on the TSX Venture Exchange (ASX) on the OTCBB (ASXSF), and on the Frankfurt Exchange (QLD) is pleased to report the results of the Company’s summer 2007 eight hole drill program at the Mag Hill target area. The Mag Hill target area is located at the southern end of Echo Bay, approximately 15 kilometers from the Eldorado uranium mine and 3 kilometers east of the Contact Lake silver & uranium mine. The company intercepted 3.0 meters of of 2.50% zinc, 0.22% lead and 1.60 g/ton silver in MH-07-07. MH-07-09 intersected 239.90 meters of 0.10% vanadium (as V2O5).

The Mag Hill target is the site of the most extensive hydrothermal magnetite-actinolite- feldspar-apatite plus sulphide alteration along the Contact Lake Mineral Belt in the northern part of the Great Bear Magmatic Zone. The host rocks are alkali (sodic or potassic) and or actinolite-epidote altered andesites. The core zone comprises a pervasive alkali feldspar-scapolite-magnetite-actinolite-apatite hydrothermal assemblage.

The Mag Hill area is being targeted for detailed IOCG & uranium exploration due to the notable similarities that exist between the Port Radium-Eldorado uranium mine region and the similarities that exist with the hydrothermal alteration, associated hydrothermal systems and the mineralization which has been encountered to date. The Mag Hill target area is defined by predominately pyrite mineralization, which is present intermittently throughout the Mag Hill region and in an extensive gossan at the southeast end of Echo Bay, with minor amounts of visible malachite. In addition, uranium, cobalt, nickel, copper, silver, lead and zinc enrichments are present locally as veins, veinlets and disseminations that extend outward in the southern and eastern extensions of the Mag Hill area. Drilling results from the Mag Hill target and the Port Radium targets, indicate that these target areas have the potential for uranium, base, precious metals and vanadium as a major commodity source. The area has a very strong and extensive magnetic anomaly that covers an area over 20 square kilometre and shows that the Mag Hill target is one of the largest hydrothermal systems in the Port Radium-Contact Lake mineral belt and has strong potential for IOCG style mineralization.

Highlights from mineralized down hole intervals from holes include:

MH-07-07 Intersected:

- 3.0 meters of 2.50% zinc and 0.22% lead and 1.60 g/ton silver

MH-07-09 Intersected:

- 239.90 meters of 0.10% vanadium (as V2O5)

MH-07-11 Intersected:

- 68.0 meters of 0.10% vanadium (as V2O5)

MH-07-12 Intersected:

- 9.54 meters of 0.10% vanadium
- 10.28 meters of 0. 10% vanadium

The accompanying table gives a summary of drilling highlights and assay results from an 8 hole drill program at Mag Hill.

Mag Hill-Drill Summary

Lead

Zinc

Silver

Vanadium

From

To

Interval

Pb

Zn

Ag

V 2O 5

Drill Hole

(m)

(m)

(m)

(%)

(%)

(g/ton)

(%)

MH-07-07

31.5

89.8

58.3

-

0.01

-

0.070

122.0

131.3

9.3

0.10

0.92

0.68

0.027

126.5

129.5

3.0

0.22

2.50

1.60

0.028

138.3

138.4

0.1

0.04

0.34

1.00

0.077

168.3

169.2

0.9

0.03

0.36

0.20

0.083

195.2

196.7

1.5

0.07

0.43

0.90

0.011



Vanadium

From

To

Interval

V2O5

Drill Hole

(m)

(m)

(m)

(%)

2.7

96.0

93.3

0.054

MH-07-08

117.0

137.5

20.5

0.079

140.5

176.0

35.5

0.064



Vanadium

From

To

Interval

V 2O 5

Drill Hole

(m)

(m)

(m)

(%)

MH-07-09

6.10

246.00

239.90

0.100



Vanadium

From

To

Interval

V 2O 5

Drill Hole

(m)

(m)

(m)

(%)

MH-07-10

1.8

140.5

138.7

0.073

199.0

214.0

15.0

0.080



Copper

Zinc

Silver

Vanadium

From

To

Interval

Cu

Zn

Ag

V 2O 5

Drill Hole

(m)

(m)

(m)

(%)

(%)

(g/ton)

(%)

MH-07-11

12.0

80.0

68.0

-

-

-

0.100

118.0

166.5

48.5

-

-

-

0.077

78.9

80.0

1.1

0.04

0.27

0.5

0.078

221.5

227.5

6.0

0.02

0.11

0.4

0.057



Vanadium

From

To

Interval

V 2O 5

Drill Hole

(m)

(m)

(m)

(%)

MH-07-12

3.20

10.45

7.25

0.09

18.90

28.44

9.54

0.10

42.72

53.00

10.28

0.10



Copper

Vanadium

From

To

Interval

Cu

V 2O 5

Drill Hole

(m)

(m)

(m)

(%)

(%)

8.0

32.5

24.5

-

0.081

MH-07-15

26.0

27.0

1.0

0.2707

0.033

151.5

173.9

22.4

-

0.069

189.0

198.0

9.0

-

0.066



Vanadium

From

To

Interval

V 2O 5

Drill Hole

(m)

(m)

(m)

(%)

MH-07-16

92.5

100

7.5

0.089



Metal values as at today’s market price. Gold $888.70 US per ounce, Copper $3.94 per pound, Silver $16.87 US per ounce, Cobalt $48.75 US per pound, Zinc $1.03 US per pound, Lead $1.19 US per pound, Nickel $13.32 US per pound, Vanadium $13.00 and Uranium $65.00 US per pound as of April 25, 2008.

Note: True thickness is unknown.


All drill holes from Mag Hill have 225 degree azimuth with 41 to 50 degree inclination. The location of drill holes was selected based on the surface geophysical anomalies and to test these anomalies. The distance between drill holes were more than 135 meters.

The Company would also like to announce that holes SL-07-02 AND CL-07-01 did not encounter any significant mineralization during drilling.

The Company has now released 64 holes from its 72 hole 2007 Phase 2 drill program. The remaining 28 holes will be released when the assays have been received.

A QAQC (quality assurance, quality control) program conducted by the Company which consisted of the introduction of standard, duplicate, and blank samples introduced into the sample sequence at irregular and random intervals to test the sampling and assay procedures. Standard samples were prepared by Acme Analytical Laboratories Ltd. (“Acme”) of Vancouver, British Columbia. All drill core samples were prepared, bagged and sealed by the Company’s supervised personnel and were transported by plane to Acme facilities in Yellowknife, NT where they were crushed and pulped, and then transported to Acme’s main laboratories in Vancouver, British Columbia for assaying. Acme is a fully registered analytical lab for analysis by ICP-MS and ICP-FA techniques. Samples were subjected to aqua regia digestion and analyzed for 40 elements and induced coupled plasma-mass spectrometry (ICP-MS) following four acid digestions (HF, HCIO4, HNO3 and HCI). All analysis for Cu, Ag, Au, U, Co, Ni, Bi, Pb, Zn and W which exceeded upper limits were re-assayed using ICPFA method to obtain correct values.

THE ELDORADO & CONTACT LAKE IRON OXIDE COPPER, GOLD, SILVER AND URANIUM PROJECTS

The Eldorado & Contact Lake Permit Areas are located on the east side of Great Bear Lake in Canada’s Northwest Territories. The permit areas are situated 470 kilometers north of the city of Yellowknife. The total size of the Eldorado & Contact Lake Permit area covers over 98,027.77 acres in size. The Eldorado & Contact Lake IOCG & uranium project areas include five past producing high grade silver and uranium mines. This includes the Echo Bay Silver Mine which produced 23,779,178 ounces of silver and the Eldorado Uranium Mine which produced 15 million pounds of uranium and 8 million ounces of silver. The Contact Lake Silver and Uranium Mine, Bonanza and El Bonanza Silver and Uranium mines are included within the Company’s land ownership package. Olympic Dam volcanic hosted hydrothermal iron-oxide copper, gold (IOCG) style of deposits are attractive targets for exploration and development due to their poly-metallic nature, high unit value and enormous size and grade tonnage potential. The Eldorado Mineral Belt which is situated in the Great Bear Magmatic zone, NT, has long been recognized by geologists, as one of the most prospective iron oxide copper, gold, silver and uranium regions in northern Canada.

ALBERTA STAR DEVELOPMENT CORPORATION

Alberta Star Development Corp. is a Canadian mineral exploration company that identifies, acquires and finances advanced stage mineral exploration projects in Canada. The Company is committed to creating long term shareholder value through the discovery of base and precious metals and uranium.

INVESTOR RELATIONS

Investors are welcomed to contact Mr. Allan Feldman, the Company’s Investor Relations and Corporate Communications Specialist, for all corporate updates at (604) 948-9663 and in Quebec Mr. Mario Drolet at MI3 Communications Company at (514) 904-1333.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO
Alberta Star Development Corp.
Tel 604.681.3131 Fax 604.408.3884
www.elyseedevelopment.com

ALBERTA STAR DEVELOPMENT CORP.

Tim Coupland
President & CEO

Lou Covello, B.Sc., P.Geo. is the qualified person for the Eldorado & Contact Lake IOCG Projects.

These results have been prepared under the supervision of Lou Covello, B.Sc., P.Geo, who is designated as a Qualified Person with the ability and authority to verify the authenticity and validity of this data. All rock samples were analyzed by Acme Analytical Laboratories Ltd. (“ACME”) in Vancouver B.C., Canada using ICP-MS and ICP-FA analysis techniques.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this News Release.

This news release contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans” “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change. For further information investors should review the Company’s filings that are available at www.sedar.com or contact Tim Coupland, President at (604) 681-3131