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REDSTAR GOLD COMMENCES ADVANCED DRILL TARGETING EXPLORATION PROGRAM AT ITS UNGA GOLD PROJECT

Redstar Gold Corp. (RGC.V) has initiated an advanced drill targeting exploration program at its Unga gold project, Alaska, including work programs at the Shumagin gold zone, and the Empire Ridge and Orange Mountain gold prospects.

Shumagin gold zone

The 2016 field program will focus on delineation of new drill targets to expand known mineralization previously drilled at the Shumagin prospect. The Shumagin prospect is characterized by multiepisodic gold-silver-bearing quartz-adularia-rhodochrosite breccia bodies that occur within structurally controlled dilation zones along the over-1,200-metre-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 thoroughly drill tested.

    SELECTED DRILL RESULTS HIGHLIGHTS FROM THE SHUMAGIN GOLD ZONE
    
 
Hole No.  From (m)       To (m)     Length (m)   Gold grade (g/t)   Silver grade (g/t)

DDH-26     49.07          49.83        0.76           37.70               20.60               
DDH-28     44.81          46.02        1.22           16.50               55.50               
DDH-35     77.27          77.88        0.61          192.60            5,403.40             
DDH-42    132.59         134.11        1.52           30.96               35.00               
DDH-46    153.62         154.84        1.22          365.35              190.60              
DDH-51    156.06         156.67        0.61          182.02               88.50               
DDH-57     38.10          39.62        1.52           59.59               50.10               
BMS-01    272.80         278.28        5.49           24.02               19.40               
11SH007   223.00         224.00        1.00           43.90               18.50               
11SH009   210.10         211.00        0.90           43.10               37.20               
11SH010   259.25         259.80        0.55          738.00              408.00              
15SH011    60.10          62.00        1.90          202.00               82.00               
15SH012    64.00          66.00        2.00           35.30              209.00              
15SH012    82.00          85.00        3.00           16.95              183.00              
15SH012    89.00          89.70        0.70          133.00              422.00              
15SH013   144.00         145.00        1.00           17.45              122.00              
15SH013   146.00         147.00        1.00           20.90              232.00              
15SH014   187.00         188.00        1.00           19.90               16.00               
15SH018   196.00         197.00        1.00           41.20              130.00              

Empire Ridge gold prospect

A portion of the program will consist of detailed structural mapping and drill targeting at Empire Ridge, the southwest extension of the historic Apollo gold mine. Select samples of exposed vein gossans are enriched in silver up to 157 grams per tonne. Quartz vein breccias sampled at the southern most exposure of the Apollo open stope about 500 metres to the northeast of Empire Ridge returned high-grade assays of 216 g/t of gold and 74.5 g/t of silver.

Orange Mountain (regional) gold prospect

Reconnaissance mapping and sampling will also focus on obtaining drill targets within lithogically and structurally controlled silicification at Orange Mountain. This impressive about-one-square-kilometre alteration zone is interpreted as a high-level lithocap to an intermediate epithermal system(s) at depth and is an extension to the Shumigan prospect.

About the Unga gold project — geological overview and highlights

The 100-per-cent-controlled Unga gold project covers key strategic portions of adjacent Unga and Popof Islands, approximately 900 kilometres southwest of Anchorage, Alaska.

Redstar controls a 240-square-kilometre land package that is host to numerous structurally controlled, volcanic-hosted intermediate-sulphidation 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.

Jesse C. Grady, MSc, CPG-11592, is a qualified person as defined by NI 43-101. Mr. Grady has prepared and approved the technical information contained within this release.