News Releases

Redstar Gold Corp. ("Redstar") (TSX.V:RGC) is pleased to announce it has acquired a new 100%-owned property (Larus project) along the prolific Cortez gold belt in central Nevada. The new Larus project consists of a group of mining claims covering a sediment-hosted (Carlin-type) gold system about 23 miles northwest of Eureka, Nevada.

Gold mineralization at Larus occurs in silicified zones (jasperoids) and quartz veins in "lower-plate" limestone that locally contain stibnite (antimony sulphide), a common accessory mineral in productive Carlin-type gold deposits. Mineralization is also locally present in "upper plate" shale. Preliminary sampling completed by Redstar returned significant gold in several widely-spaced areas, with values reaching 3.23 ppm (g/t); historic assays from previous exploration programs reach 7.6 ppm. Mineralization is known over a strike length of at least 4,000 feet (1,200 m). There has been no significant work at the project since 1990, and historic drilling was limited in scope.

Dr. Jacob Margolis, Redstar's U.S. Exploration Manager, states: "The gold-bearing silicified zones at Larus, as well as the distribution of the host limestone, are controlled by a series of property-scale and regional-scale north-northwest trending fault zones. This is the same structural control in the majority of productive Carlin-type gold deposits along the Cortez gold belt, including Pipeline (+20 million ounces) and Cortez Hills (+10 million ounces). The Larus project also lies along a north-northwest trending regional magnetic linear which passes through the Chert Cliff gold deposit about 6 miles to the northwest."

Redstar is a junior exploration company focused on gold exploration in Nevada and Red Lake, Ontario. Redstar currently has 12 projects in Nevada and one in Red Lake, Ontario. For more information on these projects please visit the company's website at

Dr. Jacob Margolis is a qualified person as defined by National Instrument 43-101 and has reviewed this news release. Dr. Margolis is the US Exploration Manager for Redstar Gold Corp.

On Behalf of the Board,
Redstar Gold Corp

"Scott Weekes"

Scott Weekes

TEL: 604.488.0051

Redstar Gold Corp.
Tim Mikula, Investor Relations
Tel: 604.488.0051

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Redstar Gold Corporation (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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