Business
Amended: International Epithermal Expert, Dr. Jeffrey Hedenquist, Issues Geological Report on Redstar's Unga Gold Project
(via Thenewswire.ca) July 25 th , 2016 / TheNewswire / Redstar Gold Corp...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Amended: International Epithermal Expert, Dr. Jeffrey Hedenquist, Issues Geological Report on Redstar's Unga Gold Project(via Thenewswire.ca)\n\n \n\n\nJuly 25th, 2016 / TheNewswire / Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) (\"Redstar\" or the \"Company\") today announced that Dr. Jeffrey Hedenquist, an independent international consultant and one of the world's leading experts on epithermal gold systems, recently visited the Company's 100% controlled high-grade Unga Gold Project, Alaska. The results of Dr. Hedenquist's technical review are summarized in a geological report entitled \"Observations on the Shumagin-Orange Mountain-Aquila and Apollo-Empire Ridge trends, southeast Unga Island, Alaska.\" \n\n\n\nDr. Hedenquist highlighted in the report areas of untested potential and provided the observations and rationale to support these areas, plus recommendations for further work to help better define targets with criteria for establishing priorities. The complete report including a detailed summary including figures and recommendations may be viewed at www.redstargold.com/i/pdf/ShumaginJuly2016Hedenquist.pdf.\n\n\n\n\"We would like to thank Dr. Hedenquist for his insights and review of the Unga Gold Project and its untested potential, which have further enhanced our understanding of the significant exploration upside of the Unga Epithermal District,\" commented Peter A. Ball, President & CEO of Redstar Gold. \n\n\n\nDr. Hedenquist spent a total of six days working in the field on behalf of Redstar Gold with the specific goal of aiding ongoing geological interpretation and exploration of the Unga Gold Project. The fieldwork focused on:\n\n\n\n\n\n-Assessment of various outcropping epithermal vein prospects;\n\n\n\n-Field traverses covering the nearly continuous zones of hydrothermal alteration along ~ 7km of the Shumagin trend;\n\n\n\n-Traverses along portions of the Apollo-Empire Ridge trend; and\n\n\n\n-Review of geological relationships and associated gold-silver mineralized intervals within drill core from the Shumagin gold zone. \n\n\n\n\n\nRecent Exploration Program\n\n\n\nThe company recently completed a field program at the Unga Gold Project that was designed to: \n\n\n\n\n\n1)Delineate additional new drill targets to expand known mineralization previously drilled at the Shumagin Prospect and along Empire...