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HSTR.V ·

Redstar to Attend PDAC 2020, The Largest Mining Conference in the World

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 to Attend PDAC 2020,

The Largest Mining Conference in the World

Vancouver, Canada, February, 28th 2020 - Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG)

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

attending this year's convention of the Prospectors and Developer s Association of Canada

(www.pdac.ca/convention) in Toronto, Ontario, Canada from March 1st - 4th, 2020.

The conference attracts the world’s leading members of the mining, investment and mining service industries.

Please make note of following booth location to learn more on Redstar Gold and meet the executive management

team and members of the Board of Directors:

Investors Booth #2645 in the Investors Exchange – March 1st - 4th, 2020

(https://www.pdac.ca/convention/maps?l=2645)

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).

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 known 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 target 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", "believes", "intends", "estimat es", "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 incl ude 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 a nd 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. Exc ept 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.