Tuesday 13th November 2018

Resource Clips

Redstar, Confederation report Ontario Gold Assays as high as 5.23 g/t over 22m

Resource Clips - essential news on junior gold mining and junior silver miningRedstar Gold Corp TSXV:RGC in joint venture with Confederation Minerals Ltd TSXV:CFM announced assay results from the Newman Todd property in the Red Lake Gold District, Ontario. Highlights include

1 g/t gold over 12 metres
1.29 g/t over 22 metres
6.07 g/t over 1 metre
1.6 g/t over 8 metres
7.16 g/t over 2 metres (including 10.8 g/t over 1 metre)
5.23 g/t over 22 metres (including 20.15 g/t over 2 metres)
8.34 g/t over 7 metres (including 18.17 g/t over 3 metres)
1.69 g/t over 7 metres
6.08 g/t over 1 metre

Confederation can earn a 50% interest in the property by spending $5 million by November 2013, during which period it is the project operator. Confederation President/CEO Lawrence Dick said, “We continue to be impressed by the results from the ongoing drill program at Newman Todd. The latest results continue to highlight the potential of this new high-grade gold discovery in the Red Lake camp. Drilling within the Hinge Zone area has now returned some of the widest intercepts of high grade gold mineralization on the property. While gold mineralization is being intersected across the entire strike of the NTS, the Hinge Zone area is quickly becoming a priority target – eight of the nine holes completed in the area returned gold values greater than 10 g/t including 9 intercepts of greater than 20g/t gold and 4 intercepts greater than 30 g/t gold. The aggressive drill program in 2011 is adding significantly to our understanding of the nature and continuity of the gold mineralization at Newman Todd. With two drills currently still active on the project and results still pending for 23 holes, management expects significant news flow from Newman Todd for the remainder of 2011.”

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Confederation Minerals Ltd
Lawrence Dick

or Redstar Gold Corp
Tim Mikula
Investor Relations

by Ted Niles

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