CFM Confederation Minerals Ltd

Confederation Minerals Ltd. (TSX VENTURE:CFM) (www.confederationmineralsltd.com)
announces it has signed a Mineral Property Option Agreement with Passport Potash
Inc. Passport's agreement is with Confederation and Magna Resources Ltd. both of
which own 50% of American Potash LLC, and with Sweetwater River Resources LLC.
The agreement gives Passport the right to acquire a 100% interest in five
Arizona State Land Department exploration permits covering 3,200 acres in the
Holbrook Basin, Arizona. To earn their 100% interest, Passport must issue
500,000 shares by December 15, 2010, pay CDN $90,000 in three instalments of
$30,000 each at 12, 18, and 24 months from the date of signing the agreement,
and by meeting the exploration expenditures as required by the Arizona State
Land Department. Passport will be subject to a 2% NSR royalty payable to
American Potash with the right to purchase the royalty for US $150,000 per
percentage point in favour of American Potash.


Confederation's Board of Directors has made the strategic decision to focus
exploration efforts and expenditures on American Potash LLC's large potash
landholdings in the Paradox Basin in Utah, and their recently-acquired Red Lake
area gold prospect, the Newman Todd prospect, optioned from Redstar Gold Corp.
(see CFM press release dated November 22, 2010).


The Utah prospects of American Potash consist of 31 US-BLM potash exploration
permit applications as well as State Land holdings together covering
approximately 63,000 acres approximately 48 km west of Moab, Utah and 32 km from
Intrepid Resource's Cane Creek solution potash mine. When granted, the
exploration permits will provide American Potash with exclusive rights to
explore potash deposits within the permit areas. The most important documented
potash salt cycle beneath the Utah prospects is Cycle 13. Based on historic oil
and gas exploration data, United States Geological Survey reports written by
R.J.Hite in 1976 and 1978 (the Hite reports) plotted a large area of cycle 13
with up to and exceeding approximately 18 meter estimated thickness,
representing amongst the thickest, laterally continuous, potentially
potash-bearing layer in the Paradox Basin. This area is largely covered by
American Potash permit applications. The target identified in the Hite report is
based on historic oil and gas drilling.


Confederation's immediate exploration target is the recently-optioned Newman
Todd gold prospect, located in the Red Lake Mining Area. There, an aggressive
drill program is planned for early 2011.The Company is planning a capital raise
to fund the drilling during the coming weeks.


This announcement has been prepared by Lawrence A. Dick, Ph.D., P.Geo., the
President of Confederation Minerals Ltd. and a Qualified person the purposes of
Ni 43-101.


On behalf of the Board of Confederation Minerals Ltd.

Lawrence A. Dick, Ph.D., P.Geo, President and CEO

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical
facts, that address events or developments that Redstar Gold Corporation (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" and similar
expressions, or that events or conditions "will", "would", "may", "could" or
"should" occur. Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results may differ
materially from those in the forward-looking statements. Factors that could
cause the actual results to differ materially from those in forward-looking
statements include market prices, exploitation and exploration successes, and
continued availability of capital and financing, and general economic, market or
business conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Forward-looking statements are based on the beliefs, estimates and opinions of
the Company's management on the date the statements are made. Except as required
by applicable securities laws, the Company undertakes no obligation to update
these forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change.

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