Redstar Gold to Present at the 2016 PDAC Convention, Toronto, March 6-9th 2016

Vancouver, Canada / TheNewswire / March 2, 2016 - Redstar Gold Corp. (TSX.V: RGC) ("Redstar" or the "Company") is pleased to announce that the Company will be presenting at this year's Prospector's and Developer's Annual Convention (PDAC) in Toronto, Ontario, Canada from March 6th - 9th, 2016.

Please make note of following booth locations and presentation time 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 6 - 9, 2016;

-Core Shack Booth #3101 in the Investor Exchange - March 8 - 9, 2016;

-Presentation on Redstar's Unga Gold Project - High-Grade Intermediate Epithermal District in Alaska by Peter A. Ball, President & CEO: Room 801B - 800 Level - March 8, 2016: 3:20PM

Redstar's recently appointed President and CEO, Peter A. Ball and Executive Chairman, Jacques Vaillancourt, will be available during the Convention (www.pdac.ca/convention) and some of our directors, Sean Keenan and Ken Booth, will also be attending the conference. We invite you to drop by to meet management for an update on the Company and our plans for our portfolio of assets in Alaska, Ontario and Nevada in 2016 and also visit the Core Shack where Redstar was selected to showcase its diamond drill core from its high-grade gold Shumagin intermediate epithermal vein system, Unga Island, Alaska.

Finally, we would like to invite people to view the newly designed home page of our website, www.redstargold.com, to view a new corporate overview video, an interview with CEO Peter A. Ball at the AME Exploration Round Up in Vancouver in January 2016 and a technical presentation on the Unga Gold Project in Alaska, given by our VP of Exploration, Jesse Grady, at the same conference.

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 100% owned high-grade Unga Gold Project, which was initially acquired in 2011. The Unga Gold Project contains several high-grade gold/silver vein systems, two of which, Apollo & Sitka were sites of historic high-grade gold production and hosts Alaska's first underground gold mine. The Company completed an eight hole, 1,500 metre diamond drill program in May 2015 on the Shumagin Gold Zone which yielded several very high gold grade intersections, such as 202g/t Au over 1.9 m and 35.3g/t Au over 2m. This drill program demonstrated continuity of the Shumagin Gold Zone at depth and along strike.

Redstar has a portfolio of eleven (11) properties in Nevada located along and within many of the gold producing trends. In 2005 Redstar acquired AngloGold Ashanti's entire Nevada database after AngloGold redirected its exploration focus from North America to South America. Following the purchase of the database and over several years Redstar assembled the current portfolio of properties. Redstar will be seeking suitable partners to advance its Nevada portfolio.

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.

To obtain additional information please contact:

Peter A. Ball, President and CEO

E: pball@redstargold.com

or

Paul Durham, Investor Relations

T: 604.245.5861

Toll Free: 877.310.3330

E: pdurham@redstargold.com

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 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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