Redstar Gold Corp. announced that Peter Ball will step down as President and Chief Executive Officer of Redstar Gold effective immediately. Mr. Ball will remain involved in the company as a member of Redstar's board of directors due to his strong commitment to the company's Unga Gold Project and to ensure seemless continuity.

The Board of Directors has appointed Jacques Vaillancourt, Redstar's Chairman, as Interim CEO and inititated a search for a new CEO.