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Heliostar Drills 16.1 g/t Gold over 4 Metres within 7.74 g/t Gold over 11.65 Metres at the Unga Project, Alaska
(TheNewswire) Vancouver, Canada - TheNewswire - January 2 6 ,...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Drills 16.1 g/t Gold over 4 Metres within 7.74 g/t Gold over 11.65 Metres at the Unga Project, Alaska\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, Canada -\n \n \n TheNewswire -\n \n \n January 2\n \n \n 6\n \n \n ,\n \n \n 2021 -\n \n \n Heliostar Metals Limited (TSXV:HSTR\n \n \n )\n(OTC:\n \n \n RGCTF\n \n \n ) (\n \n \n FRA:RGG) (\n \n \n \"Heliostar\"\n \n \n or the\n \n \n \"Company\"\n \n \n )\nis pleased to announce results from the first two of nine holes\ncompleted at the SH-1 Zone in its 2020 exploration program at the Unga\nproject in Alaska.\n \n \n \n \n Heliostar CEO, Charles Funk, commented “\n \n \n These excellent results demonstrate the\nhigh gold grades contained within the SH-1 zone at Unga.  SH-1 is the\nmost advanced target at Unga with 384,318 ounces of gold at 13.8g/t\nand is open to expand.  Assays are pending for the remaining seven\nholes completed at SH-1 in 2020 and the resource is expected to grow.\n Unga received very little exploration in the last 40 years. However,\nit has several exciting, high-grade gold targets.  Heliostar will\ncontinue to aggressively explore the property in 2021 with a goal of\ndefining resources in excess of one million ounces.”\n \n \n \n \n Drilling Highlights\n \n \n \n \n SH20-01A\n \n \n \n \n \n \n - 7.74 grams per tonne (g/t) gold and 27.0 g/t silver\nover 11.65 metres (m) from 12.95 m downhole including;\n \n \n \n \n \n \n - 16.06 g/t gold and 37.7 g/t silver over 4.0 m from\n12.95 m downhole\n \n \n \n \n \n \n \n \n SH20-02\n \n \n \n \n \n \n - 18.66 g/t gold and 11.5 g/t silver over 1.98 m from\n50.75 m downhole\n \n \n \n \n \n \n Note: All numbers are rounded and widths represent\ndownhole lengths.  True thickness is estimated at 80-85% of downhole\nthickness.\n \n \n \n \n \n \n SH-1 Zone\n \n \n \n \n SH-1 is a priority target at Unga. It holds a\nhigh-grade inferred resource containing 384,318 ounces gold at a grade\nof 13.8 g/t and has significant potential for expansion with high\ngrade intercepts open along strike and at depth. The resource is\ncentred on the Main Shoot, which is well defined by tightly spaced\ndrilling, but is loosely defined by widely spaced drilling outside of\nthis zone.\n \n \n \n \n A 100-metre vertical gap existed between surface and\nthe first historical vein inter...