**FORM      10-Q**

**333-143352**

**Lodestar      Mining, Incorporated**

| **Delaware**                                   |   | **20-8901634**                     |
|------------------------------------------------|--------|------------------------------------|
| (State                or other jurisdiction of |   | (I.R.S.                Employer    |
| incorporation                or organization)  |   | Identification                No.) |

| **400                Steeprock Drive**                  |   |                       |
|---------------------------------------------------------|--------|----------------------------|
| **Toronto,                Ontario, Canada**             |   | **M3J                2X1** |
| (Address                of principal executive offices) |   | (Zip                code)  |

**416)      505-1593**

| Large accelerated filer |  o | Accelerated filer              |  o |
|-----------------------------------|---------|-------------------------------------|---------|
| Non-accelerated filer        |  o | Smaller reporting company |  x |

----

**TABLE      OF CONTENTS**

| PART                I - FINANCIAL INFORMATION | 1                       |
|-----------------------------------------------|-------------------------|
|                                          | Item                1.  | Financial                Statements (Unaudited) | 1 |
|                                          | Item                2.  | Management's                Discussion and Analysis of Financial Condition and |   |
|                                          |                    | Results                of Operations | 7 |
|                                          | Item                3.  | Quantitative                and Qualitative Disclosures About Market Risk | 10 |
|                                          | Item                4.  | Controls                and Procedures | 10 |
| PART                II - OTHER INFORMATION    | 11                      |
|                                          | Item                1.  | Legal                Proceedings | 11 |
|                                          | Item                1A. | Risk                Factors | 11 |
|                                          | Item                2.  | Unregistered                Sales of Equity Securities and Use of Proceeds | 11 |
|                                          | Item                3.  | Defaults                Upon Senior Securities. | 11 |
|                                          | Item                4.  | Submission                of Matters to a Vote of Security Holders. | 11 |
|                                          | Item                5.  | Other                Information. | 11 |
|                                          | Item                6.  | Exhibits | 11 |
| Signatures                                    |                    |
| Exhibits                                      |                    |

----

**PART      I - FINANCIAL INFORMATION**

**Item      1.**
** **
**FINANCIAL      STATEMENTS**
**      (UNAUDITED)**

**LODESTAR      MINING, INCORPORATED**

**(AN      EXPLORATION STAGE COMPANY)**

**INDEX      TO FINANCIAL STATEMENTS **

|                                                                                                                                                                                                                                                      | **Page(s)** |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
|                                                                                                                                                                                                                                                      |        |
| Unaudited                Financial Statements:                                                                                                                                                                                                            |        |
|                                                                                                                                                                                                                                                      |        |
| Unaudited                Balance Sheets as of September 30, 2008, and December 31,                2007                                                                                                                                                    | 2           |
|                                                                                                                                                                                                                                                      |        |
| Unaudited                Statements of Operations for the three and nine months ended September                30,                2008 and September 30, 2007, and the period from October 31, 2006                (Inception) through September 30, 2008 | 3           |
|                                                                                                                                                                                                                                                      |        |
| Unaudited                Statements of Changes in Stockholders’ Equity (Deficit) for the period                October 31, 2006 (Inception) through September 30, 2008                                                                              | 4           |
|                                                                                                                                                                                                                                                      |        |
| Unaudited                Statements of Cash Flows for the nine months ended September 30,                2008, and                September 30, 2007                                                                                                      | 5           |
|                                                                                                                                                                                                                                                      |        |
| Notes                to Unaudited Financial Statements                                                                                                                                                                                                    | 6           |

----

**LODESTAR      MINING, INCORPORATED**

**(AN      EXPLORATION STAGE COMPANY)**

**BALANCE      SHEETS**

**AS      OF SEPTEMBER 30, 2008 AND DECEMBER 31, 2007**

|                                                                                                                                                                                                                                                               |   | **(Unaudited)**** 9/30/08** |         | **12/31/07** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------|--------------|--------------|--------|
| **ASSETS**                                                                                                                                                                                                                                                         |   |                             |         |         |   |   |   |
|                                                                                                                                                                                                                                                               |   |                             |         |         |   |   |   |
| **CURRENT                ASSETS**                                                                                                                                                                                                                                  |   |                             |         |         |   |   |   |
| **Cash**                                                                                                                                                                                                                                                           |   | **$**                            | **12,851**   |         | **$**  | **13,711** |   |
| **Total                current assets**                                                                                                                                                                                                                            |   |                             | **12,851**   |         |   | **13,711** |   |
|                                                                                                                                                                                                                                                               |   |                             |         |         |   |   |   |
| **TOTAL                ASSETS**                                                                                                                                                                                                                                    |   | **$**                            | **12,851**   |         | **$**  | **13,711** |   |
|                                                                                                                                                                                                                                                               |   |                             |         |         |   |   |   |
| **LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)**                                                                                                                                                                                                  |   |                             |         |         |   |   |   |
|                                                                                                                                                                                                                                                               |   |                             |         |         |   |   |   |
| **CURRENT                LIABILITIES**                                                                                                                                                                                                                             |   |                             |         |         |   |   |   |
| **Mining                expense payable**                                                                                                                                                                                                                          |   |                             | **165,141**  |         |   | **-** |   |
| **Stock                payable**                                                                                                                                                                                                                                   |   |                             | **992**      |         |   |    |   |
| **Total                current liabilities**                                                                                                                                                                                                                       |   | **$**                            | **166,133**  |         | **$**  | **-** |   |
|                                                                                                                                                                                                                                                               |   |                             |         |         |   |   |   |
| **TOTAL                LIABILITIES**                                                                                                                                                                                                                               |   | **$**                            | **166,133**  |         |   | **-** |   |
|                                                                                                                                                                                                                                                               |   |                             |         |         |   |   |   |
| **STOCKHOLDERS'                EQUITY (DEFICIT)**                                                                                                                                                                                                                  |   |                             |         |         |   |   |   |
| **Preferred                stock, $0.000001 par value, 20,000,000 shares authorized, none issued                and                outstanding**                                                                                                                   |   |                             | **-**        |         |   | **-** |   |
| **Common                stock, $0.000001 par value, 1,000,000,000 shares authorized, 3,990,000                and                3,000,000 shares issued and outstanding at September 30, 2008 and                December                31, 2007, respectively** |   |                             | **4**        |         |   | **3** |   |
| **Additional                paid in capital**                                                                                                                                                                                                                      |   |                             | **89,114**   |         |   | **39,997** |   |
| **Deficit                accumulated during the exploration stage**                                                                                                                                                                                                |   |                             | **(248,939** | **)**        |   | **(26,289** | **)** |
| **Accumulated                other comprehensive income**                                                                                                                                                                                                          |   |                             | **6,539**    |         |   | **-** |   |
| **Total                stockholders’ equity (deficit)**                                                                                                                                                                                                      |   |                             | **(153,282** | **)**        |   | **13,711** |   |
|                                                                                                                                                                                                                                                               |   |                             |         |         |   |   |   |
| **TOTAL                LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)**                                                                                                                                                                                      |   |                             | **12,851**   |         | **$**  | **13,711** |   |

**The      accompanying notes are an integral part of these financial      statements.**

----

**LODESTAR      MINING, INCORPORATED**

**(AN      EXPLORATION STAGE COMPANY)**

**STATEMENTS      OF OPERATIONS**

**FOR      THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2008 AND SEPTEMBER 30,      2007**

**AND      THE PERIOD**

**FROM      OCTOBER 31, 2006 (INCEPTION) THROUGH SEPTEMBER 30, 2008**

**(UNAUDITED)**

|                                                             |   |  **Three Months****Ended****September 30, ****2008** |         |  **Three Months****Ended****September 30, ****2007** |   |  **Nine Months****Ended****September 30, ****2008** |   |  **Nine Months****Ended****September 30, ****2007** |         | **October 31, ****2006 (Inception) ****Through****September 30, ****2008** |   |
|------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------------|--------------------------------------------------------------------------|--------|-------------------------------------------------------------------------|--------|-------------------------------------------------------------------------|--------------|----------------------------------------------------------------------------------------------------------|--------|
| **REVENUE**                                                      |   | **$**                                                                    | **-**        |                                                                     | **$**  | **-**                                                                   |   | **$**                                                                   | **-**        |                                                                                                     | **$**  | **-** |   | **$** | **-** |   |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| **COST                OF REVENUES**                              |   |                                                                     | **-**        |                                                                     |   | **-**                                                                   |   |                                                                    | **-**        |                                                                                                     |   | **-** |   |   | **-** |   |
|                                                             |   |                                                                     |    |                                                                     |   |                                                               |   |                                                                    |    |                                                                                                     |   |    |   |   |    |   |
| **GROSS                PROFIT**                                  |   |                                                                     | **-**        |                                                                     |   | **-**                                                                   |   |                                                                    | **-**        |                                                                                                     |   | **-** |   |   | **-** |   |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| **OPERATING                EXPENSES**                            |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| Mining                property costs                             |   |                                                                     | 216,084      |                                                                     |   | -                                                                       |   |                                                                    | 216,084      |                                                                                                     |   | 5,000 |   |   | 221,084 |   |
| Professional                fees                                 |   |                                                                     |         |                                                                     |   | 8,500                                                                   |   |                                                                    | 5,000        |                                                                                                     |   | 21,000 |   |   | 26,000 |   |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| General                and administrative                        |   |                                                                     | 1,566        |                                                                     |   | 10                                                                      |   |                                                                    | 1,566        |                                                                                                     |   | 289 |   |   | 1,855 |   |
| **Total                operating expenses**                      |   |                                                                     | 217,650      |                                                                     |   | 8,510                                                                   |   |                                                                    | 222,650      |                                                                                                     |   | 26,289 |   |   | 248,939 |   |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| **NET                (LOSS)**                                    |   | $                                                                        | (217,650     | )                                                                        | $      | (8,510                                                                  | )      | $                                                                       | (222,650     | )                                                                                                        | $      | (26,289 | ) | $ | (248,939 | ) |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| **GAIN                ON FOREIGN CURRENCY TRANSLATION**          |   |                                                                     | 6,539        |                                                                     |   | -                                                                       |   |                                                                    | 6,539        |                                                                                                     |   | - |   |   | 6,539 |   |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| **TOTAL                COMPREHENSIVE (LOSS)**                    |   | $                                                                        | (211,111     | )                                                                        | $      | (8,510                                                                  | )      | $                                                                       | (216,111     | )                                                                                                        | $      | (26,289 | ) | $ | (242,400 | ) |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| **WEIGHTED                AVERAGE NUMBER OF SHARES OUTSTANDING** |   |                                                                     | 3,510,658    |                                                                     |   | 3,000,000                                                               |   |                                                                    | 3,367,555    |                                                                                                     |   | 3,000,000 |   |   | 3,000,000 |   |
|                                                             |   |                                                                     |         |                                                                     |   |                                                                    |   |                                                                    |         |                                                                                                     |   |   |   |   |   |   |
| **NET                (LOSS) PER SHARE**                          |   | $                                                                        | (0.06        | )                                                                        | $      | (0.00                                                                   | )      | $                                                                       | (0.06        | )                                                                                                        | $      | (0.01 | ) | $ | (0.08 | ) |

----

**LODESTAR      MINING, INCORPORATED**

**(AN      EXPLORATION STAGE COMPANY)**

**STATEMENTS      OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)**

**FOR      THE PERIOD OCTOBER 31, 2006 (INCEPTION) THROUGH SEPTEMBER 30,      2008**

**(**
**UNAUDITED**
**)**

|                                                          |   |                  |          |        |   | **Additional**    |   |            |       | **Deficits****Accumulated****During the** |   | **Accumulates****Other** |   |      |         |
|---------------------------------------------------------------|--------|-----------------------|---------------|-------------|--------|-------------------|--------|-----------------|------------|------------------------------------------------|--------|--------------------------|--------|-----------|--------------|
|                                                          |   | **Common Stock** |          | **Paid-In** |   | **Subscriptions** |   | **Exploration** |       | **Comprehensive**                              |   |                     |   |
|                                                          |   | **Shares**            |          | **Amount**  |   | **Capital**       |   | **Receivable**  |       | **Stage**                                      |   | **Income**               |   | **Total** |         |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |
| **Balance                – October 31, 2006**           |   |                  | **-**         |        | **$**  | **-**             |   | **$**           | **-**      |                                           | **$**  | **-**                    |   | **$**     | **-**        |   | **$** | **-** |   | **$** | **-** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Common                shares issued to founder**            |   |                  | **3,000,000** |        |   | **3**             |   |            | **29,997** |                                           |   | **(30,000**              | **)**  |      | **-**        |   |   | **-** |   |   | **-** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Net                loss for the period**                    |   |                  | **-**         |        |   | **-**             |   |            | **-**      |                                           |   | **-**                    |   |      | **-**        |   |   | **-** |   |   | **-** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Balance                – December 31, 2006**          |   |                  | **3,000,000** |        |   | **3**             |   |            | **29,997** |                                           |   | **(30,000**              | **)**  |      | **-**        |   |   | **-** |   |   | **-** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Cash                received for subscriptions receivable** |   |                  | **-**         |        |   | **-**             |   |            | **-**      |                                           |   | **30,000**               |   |      | **-**        |   |   | **-** |   |   | **30,000** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Contributed                capital by shareholders**        |   |                  | **-**         |        |   | **-**             |   |            | **10,000** |                                           |   | **-**                    |   |      | **-**        |   |   | **-** |   |   | **10,000** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Net                loss for the period**                    |   |                  | **-**         |        |   | **-**             |   |            | **-**      |                                           |   | **-**                    |   |      | **(26,289**  | **)** |   | **-** |   |   | **(26,289** | **)** |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Balance                – December 31, 2007**          |   |                  | **3,000,000** |        |   | **3**             |   |            | **39,997** |                                           |   | **-**                    |   |      | **(26,289**  | **)** |   | **-** |   |   | **13,711** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Subscription                Shares Issued**                 |   |                  | **990,000**   |        |   | **1**             |   |            | **49,117** |                                           |   | **-**                    |   |      | **-**        |   |   | **-** |   |   | **49,118** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Net                loss for the period**                    |   |                  | **-**         |        |   | **-**             |   |            | **-**      |                                           |   | **-**                    |   |      | **(222,650** | **)** |   | **-** |   |   | **(222,650** | **)** |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Foreign                currency translation gain**          |   |                  | **-**         |        |   | **-**             |   |            | **-**      |                                           |   | **-**                    |   |      | **-**        |   |   | **6,539** |   |   | **6,539** |   |
|                                                          |   |                  |          |        |   |              |   |            |       |                                           |   |                     |   |      |         |   |   |   |   |   |   |   |
| **Balance                – September 30, 2008**         |   |                  | **3,990,000** |        | **$**  | **4**             |   | **$**           | **89,114** |                                           | **$**  | **-**                    |   | **$**     | **(248,939** | **)** | **$** | **6,539** |   | **$** | **(153,282** | **)** |

----

**LODESTAR      MINING, INCORPORATED**

**(AN      EXPLORATION STAGE COMPANY)**

**STATEMENTS      OF CASH FLOW**

**FOR      THE NINE MONTHS ENDED SEPTEMBER 30, 2008 AND SEPTEMBER 30, 2007      AND**

**THE      PERIOD FROM OCTOBER 31, 2006 (INCEPTION) THROUGH SEPTEMBER 30,      2008**

**(UNAUDITED)**

|                                                                       |   | **Nine Months**                 |               | **Nine Months**                 |   | **October 31, ****2006 (Inception)** |   |
|----------------------------------------------------------------------------|--------|--------------------------------------|--------------------|--------------------------------------|--------|-----------------------------------------------------|--------|
|                                                                       |   | **Ended**                            |               | **Ended**                            |   | **Through**                                         |   |
|                                                                       |   | **September 30, ****2008** |               | **September 30, ****2007** |   | **September 30, ****2008**                |   |
| **CASH FLOWS FROM                OPERATING ACTIVITIES**          |   |                                 |               |                                 |   |                                                |   |   |   |   |
| **Net                (loss)**                                              |   | **$**                                | **(222,650**       | **)**                                | **$**  | **(26,289**                                         | **)**  | **$** | **(248,939** | **)** |
| **Increase                of mining payable**                              |   |                                 | **165,141**        |                                 |   | **-**                                               |   |   | **165,141** |   |
|                                                                       |   |                                 |     |                                 |   |                                      |   |   |   |   |
| **Net                cash (used in ) operating activities**                |   |                                 | **(57,509**        | **)**                                |   | **(26,289**                                         | **)**  |   | **(83,798** | **)** |
|                                                                       |   |                                 |               |                                 |   |                                                |   |   |   |   |
| **CASH                FLOWS FROM FINANCING ACTIVITIES**                    |   |                                 |               |                                 |   |                                                |   |   |   |   |
| **Cash                received for stock not yet issued (stock payable)**  |   |                                 | **992**            |                                 |   | **-**                                               |   |   | **992** |   |
| **Issuance                of stock for cash and subscriptions receivable** |   |                                 | **49,118**         |                                 |   | **30,000**                                          |   |   | **79,118** |   |
| **Contribution                of capital**                                 |   |                                 | **-**              |                                 |   | **10,000**                                          |   |   | **10,000** |   |
|                                                                       |   |                                 |          |                                 |   |                                           |   |   |    |   |
| **Net                cash provided by financing activities**               |   |                                 | **50,110**         |                                 |   | **40,000**                                          |   |   | **90,110** |   |
|                                                                       |   |                                 |               |                                 |   |                                                |   |   |   |   |
| **EFFECTS                OF FOREIGN EXCHANGE RATE**                        |   |                                 | **6,539**          |                                 |   | **-**                                               |   |   | **6,539** |   |
|                                                                       |   |                                 |               |                                 |   |                                                |   |   |   |   |
| **NET                INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS**    |   |                                 | **(860**           | **)**                                |   | **13,711**                                          |   |   | **12,851** |   |
|                                                                       |   |                                 |               |                                 |   |                                                |   |   |   |   |
| **CASH                AND CASH EQUIVALENTS – BEGINNING OF PERIOD**   |   |                                 | **13,711**         |                                 |   | **-**                                               |   |   | **-** |   |
|                                                                       |   |                                 |               |                                 |   |                                                |   |   |   |   |
| **CASH                AND CASH EQUIVALENTS – END OF PERIOD**         |   | **$**                                | **12,851**         |                                 | **$**  | **13,711**                                          |   | **$** | **12,851** |   |

----

**NOTES      TO UNAUDITED FINANCIAL STATEMENTS OF LODESTAR MINING,      INCORPORATED**

----

| **Item                2.** | **MANAGEMENT'S                DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF                OPERATIONS**** ** |
|----------------------------|-----------------------------------------------------------------------------------------------------------------------------------|

***Forward-Looking      Statements***

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**We      do not know if we will find mineralized material. We believe that activities      occurring on adjoining properties are not material to our activities. The reason      is that whatever is located under adjoining property may or may not be located      under our property.**

----

** **

----

| **Item                3.** | **QUANTITATIVE                AND QUALITATIVE DISCLOSURES ABOUT MARKET                RISK** |
|----------------------------|----------------------------------------------------------------------------------------------|

| **Item                4.** | **CONTROLS                AND PROCEDURES** |
|----------------------------|--------------------------------------------|

----

**PART      II - OTHER INFORMATION**

**Item      1.**
**LEGAL      PROCEEDINGS**

**Item      1A.**
**RISK      FACTORS**

**Item      2.**
**UNREGISTERED      SALES OF EQUITY **
**SECURITIES**
**      AND USE OF PROCEEDS**

**Item      3.**
**DEFAULTS      UPON SENIOR SECURITIES**

**Item      4.**
**SUBMISSION      OF MATTERS TO A VOTE OF SECURITY HOLDERS**

**Item      5.**
**OTHER      INFORMATION**

**Item      6.**
**EXHIBITS**

| Exhibit                3.1      | Articles                of Incorporation (incorporated by reference to Exhibit 3.1 of the                Form                SB-2 of Lodestar Mining, Incorporated, filed on May 30, 2007, File                No.                333-143352)                                    |
|---------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                            |                                                                                                                                                                                                                                                                             |
| Exhibit                3.2      | Bylaws                (incorporated by reference to Exhibit 3.2 in the Form SB-2 of Lodestar                Mining, Incorporated, filed on May 30, 2007, File No.                333-143352)                                                                                     |
|                            |                                                                                                                                                                                                                                                                             |
| Exhibit                10.1     | Mineral                Claim Option Agreement with Claim Lake Nickel, Inc. (incorporated                by                reference to Exhibit 10.1 in the Form SB-2 of Lodestar Mining,                Incorporated, filed on May 30, 2007, File No.                333-143352) |
|                            |                                                                                                                                                                                                                                                                             |
| Exhibit                11       | Statement                re computation of per share earnings (see Note 1 to Financial Statements                on page 6)                                                                                                                                                      |
|                            |                                                                                                                                                                                                                                                                             |
| Exhibit                31       | Certification                as Adopted Pursuant to Section 302(a) of the Sarbanes-Oxley Act of                2002 by                Chief Executive Officer and Chief Financial Officer                                                                                        |
|                            |                                                                                                                                                                                                                                                                             |
| Exhibit                32  | Certification                Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section                906 of                the Sarbanes-Oxley Act of 2002 by Chief Executive Officer and Chief                Financial Officer                                   |

----

**SIGNATURES**

|                                   | LODESTAR                MINING, INCORPORATED                                   |
|----------------------------------------|--------------------------------------------------------------------------------|
|                                   | (Registrant)                                                                   |
|                                   |                                                                           |
| Date:                November 18, 2008 | /s/                Ian McKinnon                                                |
|                                   | Ian                McKinnon, Chief Executive Officer, Director,                |
|                                   | Principal                Executive Officer, Principal Financial                |
|                                   | Officer,                Principal Accounting Officer,                Treasurer |

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