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Redstar Engages Mine Development Associates to Complete a Technical Report at the Unga Gold Project

Technical Reports (NI 43-101) Mine Development & Operations

Suite 1500, 409 Granville Street

Vancouver, BC

604.245.5861

www.redstargold.com

Redstar Engages Mine Development Associates to Complete a

Technical Report at the Unga Gold Project

February 1 st, 2018: Redstar Gold Corp. (TSX.V: RGC, OTCQB: RGCTF, FRA: RGG)

("Redstar" or the "Company") is pleased to announce that is has engaged Mine Development

Associates (MDA ) to complete a NI 43 -101 Technical Report to evaluate the work, progress,

technical features and to provide guidance on the next exploration program at its high grade

gold/silver Unga Gold Project in Alaska.

Redstar’s President & CEO, Peter A. Ball commented, “I am pleased to be able to engage the

highly respected technical team at MDA to complete a NI 43-101 Technical Report at the Unga

Gold Project. The technical report will be focused on bringing together over a hundred years of

geological information, including the review of multiple historical resources, our recent

exploration and drill programs , and to provide the Company a high level technical

understanding of the project . The report will also assist in developing a detailed exploration

strategy within the district scale nature of the Unga Gold Project , where m ultiple (>14

identified) gold zones have been identified to be tested.”

The Company also announces the departure of Jesse Grady as VP Exploration, and wishes him

success in his future endevours.

About MDA

Mine Development Associates (MDA) provides geologic and engineering se rvices to the mining

industry. MDA’s expertise lies in advising clients about their mining projects at any stage of

exploration, develo pment, production, or closure. MDA’s experience ranges from grass -roots

exploration to daily mine operations and includes every step of a project’s developme nt. MDA’s

goal is to provide clients with the best data and analysis of their project, allowing them to make

more informed deci sions regarding their project. MDA’s senior mining experts have extensive

experience in all types of mining in all climates. Int egrity, competence and independence have

directed the firm for more than 30 years, assuring their clients the highest level of service.

About Redstar Gold Corp.

Redstar is a junior exploration company, with a very strong, supportive institutional shareholder

base, no debt, and is focused on high -grade gold exploration and advancing its high -grade Unga

Gold Project in Alaska. The 100% controlled Unga Gold Project is an interme diate sulfidation

epithermal high -grade gold project on a district scale, with the property encompassing

approximately 240 km 2, and containing multiple high grade gold zones drilled or identified at

2

surface. The former Apollo -Sitka gold mine, located on th e southern Apollo -Sitka Trend, was

Alaska’s first underground gold mine and the site of historic high -grade (~10 g/t Au) gold

production. The Unga Gold Project has extensive infrastructure with daily flights from

Anchorage landing on a one mile long paved airstrip and a deep-water port on neighboring Popof

Island, and a moderate climate noting it resides at the 55th degree latitude and next to tidewater.

In addition, Redstar owns approximately 18% of NV Gold Corp. (TSXV: NVX). Redstar also

owns 30% of the Newman Todd Gold Project, in Red Lake, Ontario, Canada.

On Behalf of the Board of Directors,

Peter A. Ball, President and CEO

For additional information please contact:

T: 604.245.5861

TF: 877.310.3330

E: [email protected]

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.

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.