Alberta Star Development Corp.: Early Drill Results Continue to Confirm High Grade Gold Mineralization at Dixie Lake.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--March 22, 2004

Tim Coupland, President and CEO of Alberta Star Development Corp. (ASX), listed on the TSX Venture Exchange and on the OTCBB (ASXSF), is pleased to announce that the first two holes of a nine hole drill program have been completed, and continue to intersect high grade gold mineralization, confirming the geometry and continuity of gold mineralization on the Dixie Lake Gold Project. Gold mineralization was intersected in both holes, one of which contained visible gold over a four metre wide interval. Screen metallic and check assays are pending. Results to date are as follows.

DRILLING RESULTS

-- Hole DL-04-01 returned 11.1 g/t gold over 2.0 metres hosted

within a broader zone that assayed 3.8 g/t gold over 14.0

metres. The zone was intersected at a vertical depth of 134

metres.

-- Hole DL-04-02 returned 6.1 g/t gold over 3.6 metres hosted

within a broader zone that assayed 2.8 g/t gold over 12.6

metres. The zone was intersected at a vertical depth of 183

metres.

These results continue to confirm that:

-- Gold mineralization is wide open at depth.

-- The property hosts Red Lake-style gold grades over mineable

widths.

-- High grade gold mineralization is hosted within steeply

plunging ore shoots that have demonstrated continuity.

"The size and vertical continuity of this gold bearing system indicate that the Dixie Lake Property has the potential to develop into a world class Red Lake-style deposit", says Fronteer President & CEO Dr. Mark O'Dea. "We have determined the geometry of this high grade gold shoot and are encouraged by the result of our first two follow-up drill holes".

This new gold zone, which continues to expand, is currently defined by the following drill intercepts.

Drill Hole       Width       Gold
                (metres)    (g/t)
----------------------------------
DL-04-01          14.0       3.8
 including         2.0      11.1
DL-04-02          12.6       2.8
 including         3.6       6.1
DL-03-08           4.0      12.5
 including         1.5      24.7
DL-89-09           2.8      15.6
DL-03-06          17.0       2.9
 including         4.3       5.8
 including         0.9      12.0
DL-03-05          21.0       1.8
 including         4.0       3.0

ALBERTA STAR DEVELOPMENT CORPORATION

Alberta Star is a leading Canadian mineral exploration company that identifies, acquires, finances and develops advanced staged gold properties throughout the North America. Alberta Star is primarily focused on the discovery of gold. It specializes on gold properties with strong data bases, that are fully permitted and drill ready for purchase or option. Alberta Star's focus is to acquire properties where proper due diligence has indicated that there is a reasonable expectation of identifying and yielding a world-class deposit for its shareholders.

ALLAN FELDMAN-INVESTOR RELATIONS

Investors are welcomed to contact Mr. Allan Feldman, Alberta Star's In-house Investor Relations and Corporate Communications Specialist, for all corporate updates at [phone].

For further information on Alberta Star visit www.alberta-star.com

On behalf of the Board of Directors of

ALBERTA STAR DEVELOPMENT CORP.

Tim Coupland, President & CEO

These results have been prepared under the guidance of Dr Mark O'Dea P.Geo, who is designated as a Qualified Person with the ability and authority to verify the authenticity of and validity of this data. All core samples were analyzed by ALS Chemex, North Vancouver, BC, using ICP-AES and fire assay.

This News Release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve that involve various degrees of risk.. The following are important factors that could cause Alberta Star's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

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