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Heliostar Adds Porphyry Upside with 71.6 Metres of 0.44 g/t AuEq at Zachary Bay, Unga Project, Alaska
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2021) - Heliostar Metals Limited ...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Adds Porphyry Upside with 71.6 Metres of 0.44 g/t AuEq at Zachary Bay, Unga Project, AlaskaVancouver, British Columbia--(Newsfile Corp. - September 16, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (\"Heliostar\" or the \"Company\") is pleased to announce results from two Reverse Circulation (RC) holes completed at the Zachary Bay Target in 2021.Our primary focus at Unga is high grade gold targets. However, the project also hosts both porphyry gold-copper and bulk tonnage gold targets. These two first-pass RC holes targeted porphyry style mineralization at Zachary Bay and both holes intersected gold and copper mineralization over significant widths. They indicate potential for a large porphyry footprint with zones of higher grade that require additional drilling.HighlightsTwo holes completed 220 metres apart show open intersections, with local higher-grade zones within each hole. Next step is diamond drilling to expand upon higher grade zones, in particular to depth, and drilling the magnetic highs within the porphyry complex.ZBRC21-01 0.44 g/t gold equivalent (AuEq) over 71.63 m from 30.48 metres (m) downhole, including;0.58 g/t AuEq over 16.76 m from 30.48 m, including;0.69 g/t AuEq over 6.10 m from 30.48 mZBRC21-02 0.34 g/t AuEq over 91.44 m from 9.14 m including;0.40 g/t AuEq over 41.15m from 9.14 m Note: All numbers are rounded and widths represent drilled lengths. Heliostar CEO, Charles Funk, commented \"Unga is a rare project containing the potential for multiple deposit types. These holes show the potential for a gold-copper porphyry at the Zachary Bay target. They represent first pass drilling to establish the best location for follow-up diamond drilling. Both holes have higher grade sub-zones. It is important to note that hole ZBRC21-02 has grades that increase with depth and the best intervals are at the very base of the hole. High grade gold is the company's primary focus, however the proximity of the different deposit styles, as was the case at the Saddle and Saddle North deposits that GT Gold (now Newmont) discovered in northern British Columbia highlights the potential value creation of exploring both styles of mineralization.\" Figure 1: Plan Map of Unga project with highest priority targets highlighted. The reader is cautioned that a qualified person has not been able to inde...