Redstar Gold Corp. announced assay results from its 2016 drill program, which consisted of seven (7) drill holes totaling 1,505 metres, and was completed on November 4, 2016. The recent successful drill program was designed to test the down-dip and along-strike expansion potential of high-grade vein/breccia mineralization at various structural elevations along the Shumagin Gold Zone. Of the seven drill holes completed during the program, two holes (16SH019 &16SH020) were designed to test the down-dip potential approximately 100 metres below previously drilled high- grade zones located along the Main Breccia and returned high-grade intercepts of 0.9 metres at 14.95 g/t Au & 1.15 metres of 11.3 g/t Au, respectfully. The other five holes (16SH021-16SH025) were drilled to test the potential for high-grade mineralization below weakly mineralized breccias exposed at Bunker Hill and returned values of 1.5 metres at 16.97 g/t Au; 0.3 metres at 34.5 g/t Au; and 0.9 metres at 11.65 g/t Au. Long Section L-L': New 2016 drill holes highlighted in bold. High-grade mineralization has been expanded into areas below exiting drill holes and remains open along strike and at depth. Based on results from the 2016 fall drill program, high-grade gold-silver mineralization within the Shumagin Gold Zone occurs at depth for approximately 950 metres of strike length and is not constrained to a northeast plunging mineralized shoot as previously interpreted. All of the deepest holes at the Shumagin Gold Zone drilled to date (example: 16SH019, 16SH020, BMS-01, 16SH023) contain high-grade gold results. This indicates that the system remains intact to depths of approximately 330 metres below the surface and remains open at depth for the entire approximate 950 metres of drill tested strike length. Of particular importance, drill hole 16SH019 the deepest and southwestern-most drill hole, encountered a thick section (>50m) of syn-hydrothermal eruption breccias that are cross-cut by one of the thickest stockwork/breccia sections drilled to date along the Shumagin Gold Zone, and is a positive indicator that the hydrothermal system is robust in this area and is open along strike towards the southwest. The Shumagain Gold Zone, with a currently defined strike length of approximately 1.2 km by surface mapping and sampling, is part of the approximate nine (9) km long Shumagin Trend, a major regional structure responsible for the localization of epithermal mineralization along its exposed strike length. Geological mapping and sampling towards the southwest from Shumagin indicates a very strong expansion potential along strike for an additional three (3) km towards Orange Mountain, the interpreted hydrothermal center along the Shumagin Trend. 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. Results: Main Breccia Deep Test The first two holes of the program 16SH019 & 16SH020, were drilled to test the down-dip potential of high-grade intercepts previously drilled along the Main Breccia at Shumagin. These drill holes cover an approximate 350m of strike length and were both drilled >75-100 metres away from existing drill holes. Drill hole 16SH019, was drilled approximately 260 metres below previously reported high-grade surface samples (example: 2.3 metres of 37.2 g/t Au and 103.7 g/t Ag) and intersected an impressive approximate 50 metre thick section of phreatomagmatic breccias and an approximate 50 metre thick section of quartz-adularia-carbonate breccias and stockwork localized within the footwall of the Shumagin fault. High-grade stockwork localized along the faulted contact returned values of 0.6 metres of 9.25g/t Au and 17.1g/t Ag and 0.9 metres of 14.95g/t Au and 2.67g/t Ag. Drill hole 16SH020, was drilled approximately 150 metres below previously reported high-grade drill intercepts (example: DDH46; 1.22 metres of 365.3 g/t Au and 190.6 g/t Ag & 11SH009; 0.9 metres of 43.1 g/t Au and 37.2 g/t Ag) and approximately 100 metres west of drill hole BM-01, the deepest hole at Shumagin (example: BM-01; 5.49m of 24.02 g/t Au and 19.4 g/t Ag). This hole intersected an approximate 25 metre section of quartz-adularia-carbonate breccias and stockwork that returned values up to 1.15 metres grading 11.3g/t Au and 72.9g/t Ag. Results: Bunker Hill Zone: Bunker Hill is located approximately 300 metres to the northeast of the Main Breccia along the Shumagin Gold Zone and hosts an approximately 200 metre long exposure of quartz-adularia- carbonate breccias identical to exposures along the Main Breccia (see Shumagin Plan Map). Previous surface sampling along the exposed breccia bodies returned trace-to-minor gold-silver values and only one out of seven historic, shallow drill holes targeting these breccias returned significant high-grade intercepts (example: DDH26; 0.76m at 37.7g/t Au and 1.21m at 11.48g/t Au). To test this second dilational structure along the Shumagin Gold Zone, the final five drill holes of the program (16SH021-025) were drilled along two vertical fences (pattern), separated by approximately 100 metres, testing the down-dip extension of the exposed breccia bodies and below historic drill intercepts. All of the five drill holes intercepted two breccia veins, one parallel to the foot-wall/hanging- wall contact (approximate 70 degrees dip to the southeast) and a second breccia vein located deeper within the footwall (approximate 82 degrees dip to the southeast). The conjugate breccia veins collectively exhibit characteristic Shumagin-style gangue mineralogy and textures. High- grade gold-silver intercepts occur within the footwall breccia vein that span elevations from sea level, to approximately 130 metres BSL where narrow high-grade colloform textured veins occur (16SH023; 0.3m at 34.5g/t Au and 16.45g/t Ag).