SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Act of 1934

Date of Report: ~~December~~July 2218, ~~2008~~2011

KLONDIKE STAR MINERAL CORPORATION

(Exact Name of Registrant as Specified in its Charter)



Delaware	000-30965	91-1980708
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

Box 20116, 1031 - Ten Mile Road, Whitehorse, Yukon Y1A 7A2 Canada

(Address of principal executive offices)

Registrant's telephone number, including area code: (800) 579-7580

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

~~Section 5~~ Item 51.0201 ~~Departure~~Entry ofinto ~~Directors~~a orMaterial ~~Certain~~Definitive ~~Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~Agreement

~~On December~~Klondike ~~22,~~Star ~~2008,~~Mineral ~~the~~Corporation ~~Board~~(KDSM) ofhas ~~Directors~~signed ~~accepted the resignation of Mr. Albert Khelfa as~~ a ~~member~~tri-party ofagreement ~~the~~with ~~Board~~Klondike ofGold ~~Directors. No~~Corp ~~reasons~~(KG) ~~for the resignations were provided by Mr. Khelfa. There were no disagreements between the Registrant~~ and ~~Mr.~~Lonestar ~~Khelfa~~Gold ~~regarding management of the Company relating to the registrant’s operations, policies or practices~~Inc. ~~The Company~~ ~~has~~(“Lonestar”) ~~provided~~as ~~Mr. Khelfa with a copy of~~ the ~~disclosures~~new itoperator ~~is making in response~~ to ~~this~~reactivate ~~Item 5.02 no later than~~ the ~~day~~extensive ofexploration ~~filing~~program ~~with~~on the ~~Commission. The~~hard-rock ~~Company~~claims ~~has~~covering ~~provided~~ the ~~resigning~~site ~~director~~of ~~with~~ the ~~opportunity~~Eldorado ~~to furnish~~Creek ~~the~~and ~~registrant,~~Upper asBonanza ~~promptly~~Creek asdiscovery ~~possible, with a letter addressed to the registrant stating whether he agrees with the statements made by the registrant in response to this Item 5~~claims.~~02. The Company will file any such letter with the Commission as an exhibit by amendment to this Report on Form 8-K within two business days after receipt by the Company.~~

~~On December~~In 222005, ~~2008,~~KDSM ~~Rene~~earned ~~Hussey~~55% ~~was~~beneficial ~~appointed~~interest toin the ~~Board~~above ofmentioned ~~Directors. Mr.~~property ~~Hussey has served for~~ (the ~~past~~“Property”), ~~several~~and ~~years~~has as100% aninterest ~~independent~~in ~~finance and~~other ~~tax~~adjacent ~~advisor~~claims. ~~for~~KDSM ~~small~~also ~~and~~has ~~medium~~the ~~sized~~option ~~companies~~to ~~and~~acquire ~~holds~~ a ~~degree~~further 20% interest in ~~consultancy. Mr.~~ ~~Hussey~~the ~~does~~Property ~~not~~when ~~serve~~the asbankable afeasibility ~~director~~study orand ~~officer~~mining ofdecision ~~any other~~on USthe ~~publicly~~Property ~~traded~~are ~~company~~achieved. ~~Mr.~~KG ~~Hussey~~(45%) ~~has~~and ~~not~~KDSM ~~been~~(55%) ~~involved~~have injointly ~~any legal~~agreed ~~proceedings required~~ to becombine ~~reported~~their ~~hereunder. There~~interests ~~are~~in ~~no family relationships among~~ the ~~directors~~Property and ~~officers~~collectively ofgrant ~~the~~options ~~Company. There~~to ~~have been~~Lonestar, noa ~~transactions~~British orColumbia ~~proposed~~corporation ~~transactions~~having ~~between~~offices ~~the~~in ~~Company~~Vancouver, BC and ~~Mr.~~Whitehorse ~~Wakim which~~& ~~would~~Dawson, ~~be required to be reported hereunder~~Yukon.

~~SIGNATURES~~The aggregate consideration Lonestar will pay when and if the Option to Lonestar is fully exercised is $51,500,000, consisting of $25,750,000 in expenditures on the Property in total minimum required work commitments; and the issuance by Lonestar to the KG and KDSM of $25,750,000 in common shares in the capital of Lonestar.

~~Pursuant to~~Under ~~the~~this ~~requirements~~Option ofAgreement, Lonestar shall also maintain the ~~Securities~~Property ~~Exchange~~in ~~Act~~good standing during the term of ~~1934~~the Option Agreement by paying, or causing to be paid all payments and taxes required by the ~~registrant~~applicable ~~has duly~~regulatory ~~caused~~authorities ~~this~~to ~~report~~be paid with respect to the Property and perform all assessment work required to be ~~signed~~carried out on ~~its~~the ~~behalf~~Property by the ~~undersigned~~applicable ~~hereunto duly~~regulatory ~~authorized~~authorities to maintain the Property in good standing.

~~KLONDIKE STAR~~In ~~MINERAL~~addition, ~~CORPORATION~~Lonestar shall pay in cash, or, if agreed in writing by the parties, shares of Lonestar in an amount calculated by multiplying the number of proven ounces of gold, as that term is defined for purposes of NI 43-101, identified on the Property as reported in the Bankable Feasibility Study, by the Gold Price Factor. KG and KDSM collectively retain 2% Net Smelter Returns ("NSR") Royalty over the Property as Retained Royalty.

~~December 23~~KDSM continues to maintain over 700 quartz claims that form the Bonanza, ~~2008~~Dominion Gold Run and Indian Creek claim groups in which it holds 100% interest, in addition to the Oweinat concession rights in the Republic of Egypt.

~~/s/ George Wakim~~SIGNATURES

~~George Wakim~~Pursuant to the requirements of the Securities Exchange Act of 1934, ~~President~~the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KLONDIKE STAR MINERAL CORPORATION

July 18, 2011

[f8kagreement71811signedgw001.jpg]

George Wakim, President

Filing Compare · KLONDIKE STAR MINERAL CORP