Resource Star Limited announced that the interim financial report for December 2011 included a total write down of $275,753 in relation to exploration expenditure. This write down is as a result of the following factors: The company has identified that there are assets where no exploration program can be justified and these assets have been written down. The following lease(s) have been identified as being unable to justify follow-up in the current market: the Yuty Project in Paraguay was assessed as a potential acquisition opportunity. However, early in 2012 the shares in the entity that holds the Project were agreed to be sold to a third party and the opportunity was no longer available; the Celia licence (ELA24414, NT) is subject to a five (5) year exploration moratorium; the company has identified tenements that should be relinquished and therefore any capitalised expenditure written off. The following tenement has been relinquished: Marrakai (EL24614, NT) was explored, but the anomalism detected was determined to be too small, too low grade and too erratic for any further exploration activity.