March 30, 2017: Redstar Gold Corp. (TSX.V: RGC, OTCQB: RGCTF, FRA: RGG) ("Redstar" or the "Company") is pleased to announce the appointment of Mark T. Brown as Chief Financial Officer of the Company, effective March 31, 2017.
Peter A. Ball, President and CEO of Redstar, commented, "I have personally known Mark since the 1990s, when we worked together at Eldorado Gold Corporation, and we are delighted to welcome him as part of the Company's executive team. Mark brings the extensive financial experience in the junior mining exploration industry that will further strengthen our management team as we advance into a busy exploration season at the Unga Gold Project, and also enter into an exciting new growth phase for the Company."
Mark T. Brown is a CPA, CA and a Director of Pacific Opportunity Capital Ltd., a well-established financial consulting firm. He formerly worked with PricewaterhouseCoopers and became a Chartered Accountant in 1993, after receiving a Bachelors of Commerce in 1990 from the University of British Columbia. He has specific mining/exploration experience including senior positions at Miramar Mining Corporation, Northern Orion Explorations Ltd. and Eldorado Gold Corporation. He is currently the CFO and/or a director or officer of public and private companies. His experience with these companies includes raising equity and debt capital; performing due-diligence; reviewing acquisition targets and completing mergers and acquisitions; operating and setting up rapidly growing companies; and managing national and international tax planning projects.
Mr. Mark T. Brown will be replacing Mr. Grant T. Smith as CFO. Redstar would like to thank Mr. Smith for his contribution to the Company over the past two years, and his assistance in the accounting transition over the next couple months.
About the Unga Gold Project
The 100% controlled Unga Gold Project is a low to intermediate-sulfidation epithermal district located within the Alaskan Peninsula on adjacent Unga and Popof Islands, approximately 950 km southwest of Anchorage, Alaska. The 240-km2 property contains numerous volcanic-hosted, structurally-controlled and disseminated gold-silver mineral occurrences localized along at least two (2) regional structures (Shumagin Trend and Apollo-Sitka trends), each measuring approximately 9.5km long. High-grade gold zones drilled or identified at surface occur within dilation zones along the regional and/or subsidiary structures and are the main exploration target-type for the project. The Shumagin Gold Zone is only one of several noteworthy gold-silver structures found on Redstar’s Unga Gold Project and is a high-priority exploration target.
About Redstar Gold Corp
Redstar is well-financed junior exploration company, with a very strong 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% controlled Unga Gold Project is an intermediate sulfidation epithermal high-grade gold project on a district scale, with the property encompassing approximately 240 km2, and containing multiple high grade gold zones drilled or identified at surface. The former Apollo-Sitka gold 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 long paved airstrip and a deep-water port on neighboring Popof Island, and a moderate climate noting it resides at the 55-degree latitude and next to the ocean. In addition, Redstar owns approximately 22.2% of NV Gold Corp. (TSXV: NVX). Redstar also owns 30% of the Newman Todd Gold Project, in Red Lake, Ontario, Canada.
On Behalf of the Board of Directors,
Peter A. Ball, President and CEO
For additional information please contact:
T: +1.604.245.5861
Toll Free: 877.310.3330
E: pball@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.
