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 Developers 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).
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: j.gray@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 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", "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 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.
