Redstar Acquires Mayflower Property

VANCOUVER, BC - Redstar Gold Corp. reported the addition of the Mayflower mine to its North Bullfrog project in southwestern Nevada. The new acquisition of eleven patented claims covering the historic mine brings the total project position to 5.2 square miles of unpatented claims and leased patented claims. Under terms of an agreement announced March 16, 2007, International Tower Hills Mines Ltd. is earning a 70% interest in the North Bullfrog Project from Redstar through a series of staged payments and annual work commitments.

The historic Mayflower underground mine is developed along a northwest-trending, steeply-dipping, high-grade quartz-calcite vein stockwork zone in silicified volcanic rocks. The mine was active intermittently from 1905 until about 1941, with at least 1070 metres (3,500 feet) of workings to a depth of at least 160 metres (530 feet), but historic production records are lacking. Recent sampling by Redstar of quartz veins in outcrop and from mine dumps has returned assays to 1.175 opt Au (40.300 g/t), with unveined silicified wallrock yielding 0.274 opt (9.41 g/t). High-grade samples contain fine-grained visible gold.

Scott Weekes, President of Redstar states: "The acquisition of the Mayflower property represents a significant addition to the North Bullfrog project. The high grade vein system at Mayflower is underexplored and will be one of the main focuses of a planned January 2008, drill program. ITH has taken an extremely aggressive approach to exploration at North Bullfrog and the acquisition of the Mayflower property highlights their commitment to this project."

Previous drilling at Mayflower (prior to 1997) intersected significant mineralization within 200 metres of surface (Table 1), including 0.243 opt over 40 feet containing 0.841 opt over 10 feet (8.322 g/t over 12.2m containing 28.820 g/t over 3.0m); and 0.121 opt over 85 feet containing 1.210 opt over 5 feet (4.146 g/t over 25.9m containing 41.500 g/t over 1.5m). The drilling was shallow, and mineralization remains open at depth. The deepest test was a 730-foot (222m) vertical drill hole that intersected several disconnected low-grade zones at the base of the hole (total of 105 feet averaging .016 opt (0.543 g/t, 32m). The vertical drill did not adequately test the steep veins but clearly indicates that mineralization continues to at least 700 feet.

The company's address is 800 West Pender Street, Suite 615, Vancouver, BC V6C 2V6, 604-682-0301, fax: 604 682-0307.