Redstar Gold Announces Management Changes
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Redstar Gold Announces Management Changes
March 7, 2018: Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) ("Redstar" or
the "Company") today announces that Peter Ball will step down as President and Chief
Executive Officer of Redstar Gold effective immediately. Mr. Ball will remain involved in the
Company as a member of Redstar’s board of directors due to his strong commitment to the
Company’s Unga Gold Project and to ensure seemless continuity. The Board of Directors has
appointed Jacques Vaillancourt, Redstar’s Chairman , as Interim CEO and inititated a search for
a new CEO. On behalf of the Board, we would like to thank Peter for his tireless enthusiasm,
effort, and teamwork.
Mineral Deposit Associates (MDA) are currently working to complete a Technical Report
whithin the next few months. This report, as defined by the National Instrument 43-101, will
focus on Redstar’s Unga project located in the Aleutian Islands in Alaska.
About Redstar Gold Corp
Redstar is well-financed 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 intermediate
sulfidation epithermal high-grade gold project on a district scale, with the property encompassing
approximately 240 km2, and containing multiple high grade gold zones drilled or identified at
surface. 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 (~10 g/t Au) gold
production. The Unga Gold Project has extensive infras tructure 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.
Redstar Gold Corporation, Board of Directors,
For additional information please contact:
Jacques Vaillancourt
Chairman & Interim CEO
T: +44.7.802.268.247
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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.