Confederation Minerals Ltd. ("Confederation") is a company dedicated to the acquisition and development of mineral deposits within North America.

• Incorporated in 2005 in British Columbia and commenced trading on the TSX Venture Exchange July 15, 2008
• Skilled management team with decades of experience in both the mining industry and public financial markets
• Option Agreement in place with Redstar Gold Corp. to acquire up to 70% of the Newman Todd project in the highly prospective Red Lake Mining District of Northern Ontario
• Highly successful drilling program underway at Newman Todd confirming the existence of a major new Red Lake-style, high-grade gold discovery; steady news-flow anticipated throughout 2013

We are delighted to have joined with Redstar in the continuing, successful exploration to advance the high-potential Newman Todd gold project in the Red Lake District. Our 2011 drill program was extremely successful, with results showing an incredible continuity of the gold mineralizing system along the entire drilled area. With the recent discovery of high-grade mineralization at surface and to depth of the current drilling, we are confident that the depth extent of the gold-bearing Newman Todd Structure far exceeds 1 kilometer and may continue up to several kilometers in depth, in keeping with the characteristics of other, major mesothermal gold deposits in the Canadian Archaean, such as the famous Red Lake Mine Complex. Confederation management is of the opinion that the results of 2011-2012 drilling at Newman Todd represent a significant gold discovery.

Dr. Lawrence Dick, CEO, Confederation Minerals
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