The District Scale Unga Gold Project, Alaska: A High-Grade - PowerPoint PPT Presentation

The District Scale Unga Gold Project, Alaska: A High-Grade Intermediate-Sulfidation Epithermal System CORPORATE PRESENTATION TSX.V: RGC January 2017 www. redstargold .com

Forward-Looking Statements This presentation contains certain statements that may constitute “ forward-looking statements ” within the meaning of Section 21E of the United States Securities Exchange Act of 1934 and “ forward looking information ” within the meaning of applicable Canadian provincial securities legislation (collectively “ forward looking statements ” ). All statements in this presentation, other than statements of historical fact, that address events or developments that 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 ” , “ suggest ” and similar expressions, or that events or conditions “ will ” , “ would ” , “ may ” , “ could ” or “ should ” occur. Forward-looking statements in this presentation include statements regarding the timing and nature of future exploration programs and projections which are, in part, dependent on results from those exploration programs. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements express or implied by the forward-looking statements. These statements are based on a number of assumptions regarding general market conditions, timing and receipt of regulatory approvals, the ability of the Company and other relevant parties to satisfy regulatory requirements, the availability of financing for proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, results of exploration, availability of capital and financing on acceptable terms, inability to obtain required regulatory approvals, and market conditions and general business, economic, competitive, political and social conditions. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those express or implied in forward-looking statements, there may be other factors which cause actual results to differ. Accordingly, readers should not place undue reliance on forward-looking statements. Forward looking statements contained herein are made as of the date of this presentation, and the Company disclaims any obligation to update these forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. • Qualified person Jesse C. Grady, MSc, CPG-11592, the Company ’ s Vice President of Exploration is a qualified person within the meaning of National Instrument 43-101. Mr. Grady has reviewed and approved the technical content of this presentation 2 TSX.V: RGC | www.redstargold.com

Vision & Strategy Vision: • To Build a Multi-Million Ounce Gold Resource Portfolio Focused on High Grade Gold Projects in the Americas with Low Geo-Political Risk Strategy: • Continue to Advance a Focused Exploration Program at the 100% Owned High Grade Unga Gold Project in Alaska • Seek, Evaluate and Acquire New High Grade Gold Opportunities 3 TSX.V: RGC | www.redstargold.com

Project Portfolio High Grade Gold Focus – North America Red Lake, Ontario NEWMAN TODD PROJECT Alaska UNGA GOLD PROJECT Newman Todd Project, Red Lake, Ontario Unga, Alaska • 30% Ownership (JV). • Discovered by Redstar (2005). • 100% Redstar control. • Red Lake Greenstone Belt. • Priority resource. • 200m x 1,800m corridor of high- development focus. grade gold mineralization. • ~240 sq. km land package. • 51,000m drill core. • Numerous epithermal-related • 41% intersections >20 g/t Au. prospects. • Nevada Potential for multiple high- grade gold/silver discoveries. Nevada Portfolio • Redstar controls 26.6% control and two (2) board seats of NV Gold Corp. (TSXV: NVX). 4 TSX.V: RGC | www.redstargold.com

Quick Key Highlights • Exploring One of the Highest Grade Gold District-Scale Projects in the Americas with Excellent Infrastructure, Access and Geopolitically Safe – “ GRADE IS KING ” . • Seven of the Top Gold Funds Control: ~60% • Management Controls: ~27% • Treasury (as at January 1, 2017) : ~ $6.5M • Debt: NIL • Controls ~26.6% of NVX Gold Corp. - Focused on Gold Exploration in Nevada • Controls 30% of Newman Todd Gold Project in Red Lake Ontario 5 TSX.V: RGC | www.redstargold.com

Unga Gold Project Epithermal District of Global Significance • Unga is an underexplored epithermal district with strong similarities to active high-grade gold mines. Kupol/Dvoinoye • High-grade epithermal precious and base Valley of the Kings Dukat metal mineralization localized along Baley Great Basin Area regions with extensive Island-arc Julietta volcanism. Numerous examples occur along the Pacific Rim. Unga • Low-to-Intermediate & High Sulfidation Hishikari Project systems can host high grade precious and Victoria base metal deposits. Baguio • Some examples of well known Low sulfidation epithermal vein systems around Portovelo the Ring which are in production include: Porgera Lihir  Cerro Negro, Argentina. Goldcorp Proven and Probable Resources (P&P) Gunung Pongkor of 16.87mt @ 9.7g/t Au and 80.43 g/t El Penon Pajingo Ag* Waihi  El Penon, Chile. Yamana P&P 10.84mt Cerro Negro @ 5.03g/t Au and 173.7g/t Ag* Deseado Massif  Kupol, Russia. Kinross P&P 7.4mt @ 8.8g/t Au and 111.0 g/t Ag* Low to Intermediate High Sulfidation (* figures from respective companies websites) Sulfidation Deposit Deposit 6 TSX.V: RGC | www.redstargold.com

Unga Gold Project Highlights • Prioritized Asset: Unga Gold Project Alaska:  District-scale high-grade intermediate epithermal sulfidation gold system  100% control of district-scale epithermal high-grade gold project – remains open on trend and at depth with multiple drill ready targets across ~ 240 km 2 property.  Two underexplored gold trends that are each ~10 kms long; numerous mineralized showings across each trend.  Significant upside with numerous gold zones across property. • Shumagin, Apollo, Centennial, Orange Mountain, Zachary Bay, Amethyst, Aquila.  Focused on building high-grade gold resource and geological model. • Past Producer:  Host of Alaska ’ s first underground mine with historically reported average mined grade of ~10 g/t gold and ~150,000 oz Au. • Historical Resource:  SRK completed a resource report on Shumagin Zone (non 43-101 compliant). • Well Financed and No Debt 7 TSX.V: RGC | www.redstargold.com

Unga Gold Project Location, Size and Infrastructure • Located at tide water near town of Sand Point which has deep water port (pop. ~950). • Hercules accessible 5,500 foot long airstrip, daily 2 hr flights from Anchorage. • Temperate climate allowing year round access. • All Required Exploration Permits Approved and Active. • 100% Land Consolidation, Strong Working Partnership with Aleut, Unga and Shumagin Corporations. • ~240 km 2 land package. Active Gold Mines Advanced Projects Unga Project 8 TSX.V: RGC | www.redstargold.com

Unga Gold Project Epithermal Au-Ag District • Broad Areas of Epithermal-related Alteration Assemblages localized along Structural Corridors “ Trends ” . • Gold-Silver bearing Epithermal and Polymetallic Sheeted Vein + Stockwork and Breccias. Shumagin: • High-grade Au-Ag Veins/breccia. • Excellent Expansion Potential. Centennial: • Low-grade disseminated Au. • Potential Feeder Veins at Depth. Apollo & Sitka • Previously reported production: • ~500,000 Tons & ~150koz Au eq. • Grades up to ~ 0.2- 0.4opt Au. • Satellite Prospects and Base-Metal Exploration. Numerous Existing High-Priority Exploration Targets 9 TSX.V: RGC | www.redstargold.com

Orange Mountain: Impressive Alteration Zone 2015 Satellite Image Aerial View of Orange Mountain Orange Mountain 10 TSX.V: RGC | www.redstargold.com

Orange Mountain: Lithocap to Epithermal System? Impressive Structural/Lithological Controlled Zones of Silicification & Large Argillic Halo 11 TSX.V: RGC | www.redstargold.com

Apollo-Sitka Mine Historic Long Section 12 TSX.V: RGC | www.redstargold.com

Apollo/Sitka Zone Alaska ’ s First Gold Mine Empire Ridge Apollo-Open Stope Apollo open stope (300m) Sitka Oxide Potions of Gold-Silver + Base Metal Veins Mined out Au-Ag Talus/Soils Outline Silicification View to the Southwest 13 TSX.V: RGC | www.redstargold.com