Redstar Gold Corp.
TSX VENTURE : RGC

Redstar Gold Corp.

April 11, 2011 08:04 ET

Redstar Prepares for 2 Drills at Newman-Todd

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 11, 2011) - Redstar Gold Corp. (TSX VENTURE:RGC) and our partner Confederation Minerals Ltd. (TSX VENTURE:CFM) are pleased to announce a major expansion to the drill program on the Newman-Todd property in Red Lake, Ontario. A second drill will be added when drilling resumes after spring -breakup. Initial results from the 2011 drill program included a highlight hole (previously reported March 14/2011) that intersected 3.0 metres of 42.84 g/t gold, including 1.0 metre of 122.0 g/t gold.

Exploration work at Newman-Todd is being funded by Confederation Minerals Ltd. (Confederation), (TSX VENTURE:CFM). Confederation can earn a 50% interest in the project by spending $5.0 million in exploration within three years, and an additional 20% by producing a Preliminary Economic Assessment (PEA) within six years.

Bob Singh, Newman Todd project manager comments: "To date we have drilled 33 holes into the Newman-Todd structure (NTS), with gold in every drill hole, and high-grade intercepts that are proving to be robust zones with width potential. High-grade intervals are hosted within wide sections of lower grade gold mineralization, often associated with silica-sulphide-magnetite replacement zones. We are currently modeling the gold and replacement zones to help determine trends of individual lenses. Our 3D modeling has shown multiple sub-parallel steeply dipping high-grade zones, within the widespread alteration of the NTS. We look forward to further drilling, that will include in-fill drilling in the known mineralized areas, to determine the true geometry of the gold zones. In addition to this in-fill drilling, we will also test along strike to expand our emerging Red Lake gold discovery."

The spring 2011 drill program will continue to focus on the NTS, which spans the entire length of the property (approximately 2.8 kilometres). The NTS is a large scale structure, with significant widths of iron-carbonate alteration, silicification, sulphide and magnetite replacement zones which can contain high-grade gold mineralization This style of alteration is recognized at the major producing mines in the Red Lake camp, as being a significant phase in the hydrothermal system.

To date, most of the drilling has occurred in three areas along the NTS: the Heath Bull Zone, Hinge Zone and NE Breccia, with very little drilling between them along strike or at lower depths. The most detailed work has been completed on the Heath Bull Zone, where several > 60 g/t gold intercepts have been returned.

Planned Spring 2011 Program

One drill will focus on following up intercepts within the known zones (Heath Bull, Hinge and NE Breccia), while the second drill continues to step out along the NTS. The step-out program will be initially on 100 to 200 metre spacing, and then move to 25 metre spacing where gold mineralization is intersected. In addition to drilling, the company will complete a detailed geological map of the property, and contract a structural consultant to assist with drill targeting. A total of 12,000 metres of drilling is planned for the upcoming spring exploration campaign at the Newman-Todd project.

Bob Singh P.geo is the qualified person as defined by National Instrument 43-101and has reviewed this news release. Mr. Singh is the Canadian Exploration Manager for Redstar Gold Corp. Core samples from the program were cut in half using a diamond cutting saw and were sent to ALS Laboratory Group in, an accredited mineral analysis laboratory in Thunder Bay, Ontario, for preparation and analysis utilizing fire assay methods. Certified gold reference standards, blanks and field duplicates were routinely inserted into the sample stream as part of Redstar's quality control/quality assurance program.

On Behalf of the Board,

Redstar Gold Corp

Scott Weekes, President

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 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.

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.

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