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Heliostar Metals Drills 3.6 metres of 4.5 g/t Gold in First Hole at Aquila, a New Target at the Unga Project, Alaska
(TheNewswire) Vancouver, Canada - TheNewswire - November 23, 2020...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Heliostar Metals Drills 3.6 metres of 4.5 g/t Gold in First Hole at Aquila, a New Target 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 November 23,\n \n \n 2020 -\n \n \n Heliostar\nMetals Limited (TSXV:HSTR\n \n \n )\n \n \n ,\n \n \n (OTC\n \n \n :RGCTF\n \n \n )\n \n \n ,\n \n \n (F\n \n \n RA:RGG) (\n \n \n \"Heliostar\"\n \n \n or the\n \n \n \"Company\"\n \n \n ) is pleased to announce\nthe first results from its 2020 exploration program at the Unga\nproject in Alaska. The Aquila target is a located six kilometres\nsouthwest of the SH-1 resource, and surface mapping and sampling has\ndefined an 800-metre-long trend of gold mineralization associated with\na network of epithermal veins. This release contains results from the\nfirst of five holes completed at Aquila, four of which intersected the\nAquila vein.\n \n \n \n \n Drilling Highlights\n \n \n \n \n AQ20-01\n \n \n \n \n \n \n -4.46 grams per tonne (g/t) gold and 6.8 g/t silver\nover 3.6 metres (m) from 37.55 m downhole including;\n \n \n \n \n \n \n -9.12 g/t gold and 11.85 g/t silver over 1.16 m from\n37.55 m downhole\n \n \n \n \n \n \n \n \n Note: All numbers are rounded and widths represent\ndownhole lengths. True thickness is estimated at 86% of downhole\nlengths\n \n \n \n \n Heliostar CEO, Charles Funk, commented\n \n \n \"Having success in our first hole at\nthe Aquila target is a great start to the Unga drilling program. \nDrilling has intersected the vein in four of five holes and it remains\nopen along strike and at depth. These Aquila results are the first\nreceived from the ongoing drilling program, which includes drilling at\nthe SH-1 resource, the Apollo Mine and other targets. Heliostar's aim\nin 2020 is to demonstrate the potential for Unga to host a\nsignificantly larger resource and the company intends to continue an\naggressive exploration and resource drilling program in\n2021.\"\n \n \n \n \n Aquila Target\n \n \n \n \n The Aquila target is a series of outcropping epithermal\nveins located along the Shumigan vein trend. Heliostar targeted the\narea because historic work showed multiple areas of outcropping\nmineralization but limited, widely spaced, drilling had not matched\nsurface results.\n \n \n \n \n In the early 1980s, a UNC Teton Exploration Drilling\nInc. ope...