Redstar Gold Corp Announces Confederation Minerals Exercises Final Option for 70% interest in the Newman-Todd Gold Project. Redstar retains a 30% interest

Vancouver, BC, Canada / TheNewswire / Redstar Gold
Corp. ("Redstar or the Company") (RGC: TSX.V)

The Company announces that its direct interest in the Newman
Todd gold project, Ontario, Canada ("Newman-Todd") is now 30%.
Confederation Minerals (CFM) recently earned an additional 20%
interest by completing a NI-43 101 compliant Preliminary Economic
Assessment under the "Final Option" Agreement, signed on Nov 19th,
2010 with Redstar. Additionally, 500,000 shares in Confederation
were issued to Redstar. The Option Agreement now calls for the
formation of a 70/30 Joint Venture between Confederation and
Redstar to carry out further exploration and development of the
project.

The Newman-Todd gold project is located in the Red Lake Mining
District of Northern Ontario. The Newman-Todd structure (NTS) is a
NE-SW trending structure of approximately 2.2 km in length and to
date 1.8km of the 2.2km strike has been tested with over 51,000 m
of drilling undertaken in 138 holes from 2005 to 2013. Additional
information on the project can be found at www.redstargold.com.

About RedStar Gold Corp.

Redstar is a junior exploration company focused on high-grade
gold exploration in North America. In Alaska, the Company is
exploring the high-grade Unga Project which was initially acquired
in 2011. The Unga Project contains several high grade gold/silver
vein systems, two of which Apollo & Sitka were sites of
historic high-grade gold production. At Unga, a comprehensive
exploration program was completed in the summer of 2014 and results
will be used to determine drill targets for a first phase diamond
drill program planned for Q2 2015.

Redstar also owns 30% of the Newman-Todd Gold project, in Red
Lake, Ontario, Canada. Newman-Todd is a high-grade gold discovery
along a 1.8 km corridor within the Newman Todd Structure (NTS). The
gold mineralization in the NTS remains open along strike and at
depth.

Additionally the Company has 10 properties in Nevada which have
been optioned to True Grit Resources but over which Redstar has
retained royalties and additional economic rights.

Redstar Gold Corp. (RGC: TSX.V)

Ken Booth

President and CEO

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 Corp. (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.

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