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Gold/Mining/Energy : Platinum Group Metals (PGMs)
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To: Ptaskmaster who started this subject10/1/2000 7:57:41 AM
From: Francis R. Biscan Jr.   of 529
 
Good morning,

Redstar Resources (RST.V)has recently acquired the right to earn a majority interest in this new PGE property.

There has been a far bit of work that has been completed by the Federal and Manitoba Department of Mines.....This is the latest results.

REDSTAR RESOURCES CORP.
611-675 West Hastings St.
Vancovuer B.C. V6B 1N2
Contact: Allan Barry 604-488-0051
CDNX: RST

September 29, 2000

NEWS RELEASE ASSAY RESULTS ON BIRD RIVER SILL CHANNEL SAMPLES

Redstar Resources Corp. announces assay results from the recently completed channel sampling program at the Bird River Sill PGE property in Manitoba. The program consists of 22 saw-cut trench samples and was completed by the Manitoba Department of Mines.

Values of up to 4.10 g/t PGE and 0.25 g/t gold are reported. Sampling to date on this PGE horizon has identified a strike length greater than 400 metres and at least 1,200 metres using magnetometer and VLF-EM geophysical surveys.The horizon is open in all directions, extending beyond the limits of the magnetometer and VLF survey boundaries.

The channel sampling program is a follow-up program to anomalous PGE samples collected in the 1980's by the government geologists. The samples collected in the 1980's reported values in excess of 3.0 g/t PGE.

Redstar will begin a mapping and sampling program in October in preparation for a tentative drilling program later this year.

On Behalf of the Board,
REDSTAR RESOURCES CORP.

"Steve L. Todoruk

Steve L. Todoruk, P. Geo,
President
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