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HSTR.V ·

Redstar Gold to Participate in 121 Mining Investment Americas Conference, New York

Marketing Announcement

409 West Granville Street, Suite 1500, Vancouver, BC V6C 12M, Canada -- Tel 604.488.0051 | Toll Free 1.877.488.0046

TSX. V: RGC www.redstargold.com

Redstar Gold to Participate in 121 Mining Investment

Americas Conference, New York June 2nd – 4th, 2020

Vancouver, Canada, June, 1st 2020 - Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG)

("Redstar" or the "Company") is pleased to announce that Redstar Management and Directors will be

attending this year's conference of the 121 Mining Investment Americas conference which this year will be

conducted online (https://www.weare121.com/121mininginvestment-new-york/) in the Eastern Standard

Time zone from June 2nd – 4th, 2020.

The conference attracts the leading members of the world’s mining investment community and mining

companies.

Redstar will be presenting the Company’s progress and plans for growing the Company to several investors

via web -link. If you would like Redstar to present to yourself or your company, please send an email

message to Redstar President, John Gray, at [email protected]

About Redstar Gold Corp

Redstar is a well -financed mineral development company with a robust institutional shareholder base

focused on advancing the district scale, high-grade gold project on Unga and neighbouring Popof Island in

the Aleutian Arc. The Company has recently announced a maiden, inferred resource estimate of 395,825oz

AuEq at the SH-1 Zone (formerly the “Shumagin Zone”) on the Shumagin Trend on Unga Island (Redstar

news release dated 10th February 2020).

SH-1 Zone Maiden 43-101 Resource

The company is engaged in the process of delineating measured, indicated and inferred resources in four

project areas with the aim of defining a milestone of one million ounces of combined, economic resource

ready for mine development. The majority of know n mineralization is contained within two, epithermal,

intermediate sulfidation trends that extend for 9km each on Unga, and in a flat-lying tuff bed on Popof. The

moderate climate allows for year -round exploration and there are a further 38, less explored prospects

including a porphyry gold district in the north of Unga Island where first-pass drilling in the 1980s returned

assays of 107m grading 0.28g/t Au + 0.11% Cu (Figure 1).

Tonnes Au (g/t) Au (oz) Ag (g/t) Ag (oz) AuEq (oz)1 AuEq (g/t)1

$2,600 2 1,534,645 9 442,673 25.6 1,264,364 457,424 9.3

$2,075 2.5 1,355,789 9.9 429,721 26.3 1,147,353 443,107 10.2

$1,675 3 993,817 12.4 397,613 32.5 1,039,231 409,737 12.8

$1,475 3.5 866,015 13.8 384,318 35.4 986,321 395,825 14.2

$1,290 4 797,237 14.7 375,940 36.9 946,724 386,985 15.1

$1,150 4.5 761,720 15.2 371,039 38.2 936,160 381,961 15.6

$1,035 5 724,495 15.7 365,352 39.4 917,812 376,060 16.1

Gold Price

USD

Cut-off Au

(g/t)

Preliminary Inferred Resource, SH-1 Zone within Shumagin Trend

409 West Granville Street, Suite 1500, Vancouver, BC V6C 12M, Canada -- Tel 604.488.0051 | Toll Free 1.877.488.0046

TSX. V: RGC www.redstargold.com

Gold and Base Metal Prospects on Unga Island and Neighbouring Popof Island

(Fig.1)

For additional information please contact:

John A. Gray

President

Tel: +44 747 068 6474

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", "belie ves",

"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 guaranteeing 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 development s 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 se curities 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.