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REDSTAR GOLD COMPLETES EXPLORATION PROGRAM AT ITS HIGH-GRADE UNGA GOLD PROJECT, ALASKA

Redstar Gold Corp. (RGC.V) has completed an exploration program at its 100-per-cent controlled high-grade Unga gold project, Alaska.

The focus of the surface field program at the Unga Gold Project was to:

  1. Delineate additional new drill targets to expand known mineralization previously drilled at the Shumagin Prospect and along Empire Ridge, the SW extension of the historic Apollo-Sitka Mine, and;
  2. Complete an intense surface sampling and mapping program along the ~9 km long Shumagin Trend, including Orange Mountain to the southwest along strike of the Shumagin Prospect, to prove the continuity of the epithermal system and structures responsible for gold-silver veining and replacement bodies along its known strike length.

Approximatley 600 samples (272 soil/talus and 325 rock samples) were taken to cover exposed bodies of silicification at Orange Mountain, silicified and mineralized structures located between Orange Mountain and Shumagin, and exposures of multi-phase breccias and additional structures at the Shumagin Prospect. Assay results are pending.

Concurrent with Redstar’s exploration program, site evaluations were completed by mining companies. The Company has additional corporate site visits planned for July and August.

Shumagin Gold Zone

The Shumagin prospect is characterized by multi-episodic gold-silver bearing quartz-adularia-rhodochrosite breccia bodies that occur within structurally controlled dilation zones along the >1,200-meter-long Shumagin Scarp. High-grade gold-silver mineralization is open at depth within the main breccia body at Shumagin. Multiple dilation zones and coincident gold-silver bearing breccia bodies exist along strike of the Shumagin Scarp and remain to be fully drill tested.

About The Unga Gold Project

The 100% controlled Unga Gold Project covers key strategic portions of adjacent Unga and Popof Islands, approximately 900 kilometers southwest of Anchorage, Alaska. Redstar controls a 240 square kilometer land package that is host to numerous structurally controlled, volcanic hosted intermediate-sulfidation epithermal high-grade vein, breccia, stockwork and disseminated gold-silver occurrences.

The Unga Project has excellent infrastructure, including direct daily flights from Anchorage, a deep-sea port and a temperate climate. The former Apollo-Sitka gold mine, located on the southern Apollo-Sitka Trend, was Alaska’s first underground gold mine and the site of historic high-grade gold production.