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Redstar Gold Corporation Semi-Annual Operational Review
(via TheNewswire) HIGHLIGHTS: - Unga technical report highlights the large s...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Redstar Gold Corporation Semi-Annual Operational Review(via TheNewswire)\n \n \nHIGHLIGHTS:\n\n\n \n\n\n- Unga technical report highlights the large scope and scale of the project's potential\n\n\n\n- The company remains strong financial with a solid cash position\n\n\n\n- Exploration strategy expanded to improve our system wide understanding of scale and controls\n\n\n\n- Engaging in selective partnership discussions as a possible path to accelerate Unga\n\n\n\n- New Surface Access Agreement signed with the Unga\n\n\n\n- CEO search progressing; New exploration manager appointed\n\n\n\n\n \nVancouver, Canada / TheNewswire / November 5, 2018 - Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) (\"Redstar\" or the \"Company\") The company wishes to use the mid-point of its fiscal year (March 31 FYE) as an appropriate opportunity to update its shareholders of its half yearly operational activities. \n\n\n \nAn important milestone for the company was achieved in 2018 with the completion and publication of the Mine Development Associates (MDA) 43-101 technical report on the Unga project. The report provides a highly useful summary and review of the whole of the Unga project. It brings together much of the historical exploration programs completed by predecessor exploration teams and integrates it with the recent exploration work completed by Redstar. Most importantly it has helped Redstar bring into focus how best to advance the project. \n\n\n \nThe report highlights the large number of known mineral \"inventories\", intercepts, showings and/or high levels of prospectivity. The report also provides some new areas of recommended emphasis in the short term, such as Centennial and Zachary Bay. Furthermore, the report states that Shumagin remains open at depth and along strike, recommending more drilling be dedicated to the zone. While such large number of exploration targets is very exciting, it also requires a disciplined and methodical approach. Redstar is weighing the next exploration steps carefully but is also now beginning to engage in selective discussions with possible potential partners. \n\n\n \nEXPLORATION \n\n\n \nThe Technical Report (43-101) completed by MDA met, and in many ways exceeded, our expectations. The report highlighted a larger number (32 distinct areas over the 240km2) of viable stand-alone prospects than we...