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HSTR.V ·

Redstar Gold Corporation Announces New Exploration Manager

Management Changes

409 West Granville Street, Suite 1500, Vancouver, BC V6C 1T2, Canada | Tel.: 604.488.0051 | Toll Free Tel.: 1.877.488.0046

TSX. V: RGC www.redstargold.com

Redstar Gold Corporation Announces

New Exploration Manager

October 30, 2018: Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) ("Redstar"

or the "Company") is pleased to announce the appointment of William J. Burnett, B.Sc. MSc,

(Geology) as Redstar Gold Corporation’s Manager of Alaskan Exploration.

William “Bill” Burnett has over 24 years of experience in operations and exploration, mine and

project management. Geologically, Mr. Burnett has experience in a variety of deposit types and

settings, includin g epithermal vein deposits (Sleeper, Nevada; Senora Mexico). He has held

positions as General Manager at the Nixon Fork Mine (Alaska) for Mystery Creek Resources

where he was responsible for overseeing the mining project through permitting, construction an d

into production; as Exploration Manager for St. Andrew Goldfields (Alaska), and Heritage

Explorations (B.C., Canada); as Exploration Project Manager for NovaGold Resources (Alaska);

as Mining Engineer and Geologist at Illinois Creek Mine for American Rec lamation Group; as

Chief Geologist for Nevada Goldfields at Nixon Fork Mine; and as Geologist at Pogo Mine,

Murray Mine, Cripple Creek, and Cyprus Amax. Since 2009, Mr. Burnett has operated a

consulting company called Yukuskokon Professional Services, LLC. (YKPS). YKPS provides

logistical, drilling, geological, engineering and metallurgical support for exploration and mining

projects. During this time, he has worked on various projects (from mining to environmental) in

Alaska, Mexico and Nova Scotia, howeve r Mr. Burnett’s primary projects have been as a project

manager for the Lucky Shot Advanced Exploration/Mining Project (Alaska), project manager for

the Chisna copper/gold project (Alaska) and as project manager for the Illinois Creek Project

(Alaska).

In addition, Mr. Burnett also serves as Director for Intercept Minerals Corp. and serves on the

University of Alaska Anchorage Geological Advisory Board. Mr. Burnett is a member of the

American Institute of Professional Geologists. He has a Master of Science degree in Economic

Geology from Colorado State University, and a Bachelor of Science degree in Geology from Fort

Lewis College. Mr. Burnett will also act as Redstar Gold’s Qualified Person (CPG-11263)

Redstar’s Chairman, Jacques Vaillancourt, commented, “We are extremely pleased to have Bill’s

experience, character, quality and capability working with Redstar Gold . Bill resides in Alaska

and has worked with Redstar as a consultant on the Unga project for several years. Bill has a high

level of familiarit y with the project , its history and its exciting geological potential . Bill’s

knowledge and experience ensures continuity in advancing Unga. Redstar, with Bill’s leadership,

is formulating it’s upcoming exploration program for the company.

About Redstar Gold Corp

Redstar is a 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% control led Unga Gold Project is an intermediate

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

240 km2, and containing multiple high-grade gold zones drilled or identified at surface. The

former Apollo-Sitka gol d 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 infrastructure with daily flights from Anchorage landing on a one mile

409 West Granville Street, Suite 1500, Vancouver, BC V6C 1T2, Canada | Tel.: 604.488.0051 | Toll Free Tel.: 1.877.488.0046

TSX. V: RGC www.redstargold.com

long paved airstrip and a deep -water port on neighbouring Popof Island, and a moderate climate

noting it resides at the 55th degree latitude, and next to year-round tidewater. In addition, Redstar

owns approximately 5 million shares of NV Gold Co rp. (TSXV: NVX) and 30% of the Newman

Todd Gold Project, in Red Lake, Ontario, Canada.

For additional information please contact:

Jacques Vaillancourt

Chairman & Interim CEO

Tel: +44.7.802.268.247

Email: [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.