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21.3 meters of 1.2 g/t gold and 9.1 meters of 1.2 g/t gold

Redstar Gold Corp (TSX-V:RGC) is pleased to announce positive results from recently-completed drilling at the North Bullfrog Project in Nevada. Significant gold mineralization was intersected at the Air Track Hill (ATH) target in the Sierra Blanca area, including 1.16 g/t over 21.34m (0.034 opt over 70 feet) and 1.20 g/t over 9.14m (0.035 opt over 30 feet). The results confirm the potential for developing a bulk-tonnage resource. An additional 52 claims (400 Ha) have been staked to cover potential extensions of this mineralization. The target at Sierra Blanca is geologically similar to the Round Mountain deposit (currently being mined by Barrick and Kinross which has produced over 10 million ounces of gold grading 0.63 g/t) or Hycroft Deposit (produced 1.0 million ounces of gold grading 0.68 g/t). The drilling was done by International Tower Hill Mines Ltd. (TSX-V:ITH), who can earn a 60% interest in the project by making expenditures of $4.0 million and can earn an additional 10% (for a total of 70%) by producing a feasibility report.

Scott Weekes, president of Redstar, states: "Our joint venture partner, ITH has now completed half of their earn-in expenditures in very aggressive drilling programs on the North Bullfrog Project in Nevada. This drilling has lead to two discoveries - the recently announced Mayflower Zone and now at Air Track Hill. This new discovery is part of a much larger area of interest at the Sierra Blanca area where surface sampling and widely-spaced historic drilling have outlined a gold geochemical anomaly that is 2 square km. The latest 11 drill holes combined with the two holes drilled last year 600 m to the northeast clearly establishes the potential for a large near surface bulk tonnage target. Work by Redstar and ITH has defined near surface gold mineralization in two separate zones; at Mayflower there is a high grade near surface target and 3 km to the northwest we have added the large bulk tonnage targets at Sierra Blanca. In addition to the North Bullfrog Project we are also looking forward to exploration work with our joint venture partner Gold Fields on our Carlin Trend properties. These various projects give us exposure to several high quality projects in Nevada with exploration costs covered by our partners. With our partners working aggressively in Nevada we can focus on our Newman/Todd project at Red Lake, Ontario. This combination gives us a group of high quality gold exploration projects in two of the most prolific gold camps in North America.

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           From    To   Width    Gold    From       To   Width   Gold
Hole        (ft)  (ft)    (ft)   (opt)     (m)      (m)     (m)  (g/t)
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NB-08-20    295   305      10   0.021   89.92    92.96    3.04   0.71
NB-08-21     75   145      70   0.034   22.86    44.20   21.34   1.16
 including  120   125       5   0.096   36.58    38.10    1.52   3.28
NB-08-23      5    40      35   0.015    1.52    12.19   10.67   0.50
NB-08-25    510   540      30   0.015  155.45   164.59    9.14   0.50
NB-08-26     25    55      30   0.035    7.62    16.76    9.14   1.20
            815   845      30   0.015  248.41   257.56    9.15   0.53
NB-08-27    295   315      20   0.013   89.92    96.01    6.09   0.44
            385   440      55   0.012  117.35   134.11   16.76   0.41
NB-08-29      0    30      30   0.024    0.00     9.14    9.14   0.82
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Table of Significant Results - for a complete list see Table 2

Dr. Jacob Margolis, U.S. Exploration Manager for Redstar, states: "The extent of low-grade mineralization at Air Track Hill and the greater Sierra Blanca area is impressive, covering at least 2 square kilometers. This widespread disseminated gold system clearly contains volumes of higher grade, and our on-going effort is to define those volumes. More importantly, we continue to investigate the controls to the mineralization, so that we can identify possible high-grade feeder structures."

The results from ATH are in addition to the high-grade mineralization encountered in the nearby Mayflower target at North Bullfrog reported April 14, 2008. Eleven reverse-circulation holes were completed at ATH for a total of 2,469m (8,100 feet), and all assays have been received (Table 1). All but one of the 11 holes intersected mineralization exceeding 0.25 g/t. A plan map of the drilling is shown in Figure 1.

Silicified volcanic rocks exposed at ATH contain disseminated low-grade gold mineralization, with surface rock-chip samples reaching 1.36 g/t (0.039 opt). The goal of the 2008 drilling at ATH was to expand and develop a better understanding of the gold mineralization. Mineralization was successfully extended 60m (200 feet) to the north, where holes NB-08-26 and 27 intersected 1.2 g/t over 9.14m (0.035 opt over 30 feet) and 0.41 g/t over 16.76m (0.012 opt over 55 feet), respectively, and mineralization was intersected to 900 feet below surface. Mineralization remains open to the south; the southernmost fence of holes includes NB-08-21, with 1.16 g/t over 21.34m (0.034 opt over 70 feet). There is an area of mineralization about 400m west of ATH where historic drilling intersected (1.99 g/t over 15.24m (0.058 opt over 50 feet), and additional exploration drilling between the two areas is warranted. In 2007, two core holes were completed in the main Sierra Blanca area about 600m northeast of ATH and intersected 1.11 g/t over 7.6m (0.032 opt over 24.9 feet), 0.44 g/t over 12m (0.013 opt over 39.4 feet), and 0.42 g/t over 14.7m (0.012 opt over 48.2 feet) within broader zones of anomalous gold (Figure 2). Taken together, the results continue to indicate that Sierra Blanca contains a very large bulk-tonnage type gold system.

The North Bullfrog Project covers approximately 17.6 square km (6.8 square miles) of unpatented and leased patented claims about 10 km (6 miles) north of the open-pit Bullfrog Mine, where Barrick Gold Corporation recovered about 2.3 Moz of gold from 1989 to 1999.

The work program at North Bullfrog was designed and is supervised by Dr. Russell Myers, Vice President of Exploration, Talon Gold (US) LLC (a wholly owned subsidiary of ITH responsible for carrying out the Company's exploration programs), and Dr. Jacob Margolis, Exploration Manager for Redstar Gold Corporation, who are responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project weigh and photograph samples from each individual drill hole prior to sealing and shipped to ALS Chemex for assay. ALS Chemex's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. Finally, representative blind duplicate samples are forwarded to ALS Chemex and an ISO compliant third party laboratory for additional quality control.

About Redstar Gold Corp.

Redstar Gold Corp. is a Vancouver-based company focused on gold exploration in Nevada and Red Lake, Ontario.

For more detailed information on Redstar's Nevada projects, as well as its gold projects in the Red Lake area, please visit the company's web site at www.redstargold.com.

On Behalf of the Board,
Redstar Gold Corp

"Doug Fulcher"

Doug Fulcher
Director


Corporate Inquiries

Redstar Gold Corp..
Tel: 604-488-0051
Website: www.redstargold.com
Tim Mikula,
Investor Relations
E-mail: tmikula@amemining.com
B&D Capital Partners
Investor Relations
Tel: 604-685-6465

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release

Click to Enlarge
Figure 1. Plan map of 2008 Air Track Hill drill holes.

Click to Enlarge
Figure 2. Plan map of Sierra Blanca Gold Anomaly.

Table 2.
Air Track Hill Assay Results(i)
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              From     To    Int     opt     From       To    Int     g/t
Hole            ft     ft     ft      Au        m        m      m      Au
-------------------------------------------------------------------------
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NB-08-19       130    135      5   0.008    39.62    41.15   1.53    0.28
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               185    190      5   0.008    56.39    57.91   1.52    0.29
-------------------------------------------------------------------------
               355    360      5   0.041   108.20   109.73   1.53    1.42
-------------------------------------------------------------------------
               370    375      5   0.014   112.78   114.30   1.52    0.49
-------------------------------------------------------------------------
               445    455     10   0.014   135.64   138.68   3.04    0.49
-------------------------------------------------------------------------
               475    480      5   0.014   144.78   146.30   1.52    0.47
-------------------------------------------------------------------------
               485    490      5   0.016   147.83   149.35   1.52    0.55
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-20       295    305     10   0.021    89.92    92.96   3.04    0.71
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-21         0      5      5   0.008     0.00     1.52   1.52    0.29
-------------------------------------------------------------------------
                60     70     10   0.013    18.29    21.34   3.05    0.44
-------------------------------------------------------------------------
                75    145     70   0.034    22.86    44.20  21.34    1.16
-------------------------------------------------------------------------
 including     120    125      5   0.096    36.58    38.10   1.52    3.28
-------------------------------------------------------------------------
               405    410      5   0.014   123.44   124.97   1.53    0.47
-------------------------------------------------------------------------
               460    470     10   0.017   140.21   143.26   3.05    0.59
-------------------------------------------------------------------------
               485    490      5   0.015   147.83   149.35   1.52    0.53
-------------------------------------------------------------------------
               500    515     15   0.016   152.40   156.97   4.57    0.55
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-22         0     15     15   0.017     0.00     4.57   4.57    0.59
-------------------------------------------------------------------------
               150    160     10   0.010    45.72    48.77   3.05    0.34
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-23         5     40     35   0.015     1.52    12.19  10.67    0.50
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-24       no values greater than or equal to 0.250 g/t
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-25       370    375      5   0.014   112.78   114.30   1.52    0.48
-------------------------------------------------------------------------
               510    540     30   0.015   155.45   164.59   9.14    0.50
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-26        25     55     30   0.035     7.62    16.76   9.14    1.20
-------------------------------------------------------------------------
               285    290      5   0.014    86.87    88.39   1.52    0.47
-------------------------------------------------------------------------
               295    310     15   0.009    89.92    94.49   4.57    0.32
-------------------------------------------------------------------------
               345    350      5   0.007   105.16   106.68   1.52    0.25
-------------------------------------------------------------------------
               685    690      5   0.015   208.79   210.31   1.52    0.53
-------------------------------------------------------------------------
               700    705      5   0.011   213.36   214.88   1.52    0.36
-------------------------------------------------------------------------
               780    785      5   0.007   237.74   239.27   1.53    0.25
-------------------------------------------------------------------------
               815    845     30   0.015   248.41   257.56   9.15    0.53
-------------------------------------------------------------------------
               890    895      5   0.010   271.27   272.80   1.53    0.34
-------------------------------------------------------------------------
               910    920     10   0.012   277.37   280.42   3.05    0.41
-------------------------------------------------------------------------
               995   1000      5   0.009   303.28   304.80   1.52    0.30
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-27       270    275      5   0.007    82.30    83.82   1.52    0.25
-------------------------------------------------------------------------
               295    315     20   0.013    89.92    96.01   6.09    0.44
-------------------------------------------------------------------------
               320    325      5   0.009    97.54    99.06   1.52    0.30
-------------------------------------------------------------------------
               355    360      5   0.007   108.20   109.73   1.53    0.25
-------------------------------------------------------------------------
               375    380      5   0.008   114.30   115.82   1.52    0.28
-------------------------------------------------------------------------
               385    440     55   0.012   117.35   134.11  16.76    0.41
-------------------------------------------------------------------------
               445    450      5   0.013   135.64   137.16   1.52    0.45
-------------------------------------------------------------------------
               495    505     10   0.009   150.88   153.92   3.04    0.31
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-28       980    985      5   0.011   298.70   300.23   1.53    0.37
-------------------------------------------------------------------------
-------------------------------------------------------------------------
NB-08-29         0     30     30   0.024     0.00     9.14   9.14    0.82
-------------------------------------------------------------------------
                35     40      5   0.008    10.67    12.19   1.52    0.26
-------------------------------------------------------------------------
               130    135      5   0.008    39.62    41.15   1.53    0.27
-------------------------------------------------------------------------
               200    205      5   0.019    60.96    62.48   1.52    0.64
-------------------------------------------------------------------------
               210    225     15   0.011    64.01    68.58   4.57    0.39
-------------------------------------------------------------------------
               255    260      5   0.008    77.72    79.25   1.53    0.26
-------------------------------------------------------------------------
               270    280     10   0.007    82.30    85.34   3.04    0.25
-------------------------------------------------------------------------
               310    325     15   0.010    94.49    99.06   4.57    0.35
-------------------------------------------------------------------------
               330    335      5   0.008   100.58   102.11   1.52    0.27
-------------------------------------------------------------------------
               350    380     30   0.010   106.68   115.82   9.14    0.34
-------------------------------------------------------------------------
               385    415     30   0.009   117.35   126.49   9.14    0.31
-------------------------------------------------------------------------
               425    430      5   0.008   129.54   131.06   1.52    0.26
-------------------------------------------------------------------------
               620    625      5   0.017   188.98   190.50   1.52    0.57
-------------------------------------------------------------------------
-------------------------------------------------------------------------

(i) Strict 0.250 g/t cutoff, mineralized intervals do not necessarily reflect true widths

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