An After Burner clone game starring Marisa Kirisame of Project Shrine Maiden fame. Master Burner is a 3D action "rail shooter/maneuver" shooting game, where Marisa is supposed to shoot dwn all that enters on the screen.
It seems it was released in two releases: the Toho Ages 500 release and the Toho Ages 2500 release. The covers differ, but there is no information as to whether the contents differ.