Business
Redstar Gold Outlines 2017 Exploration and Resource Development Program at the Unga Gold Project
(via TheNewswire) HIGHLIGHTS: -Initial 5,000-meter diamond drill program targe...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Redstar Gold Outlines 2017 Exploration and Resource Development Program at the Unga Gold Project(via TheNewswire)\n\n \nHIGHLIGHTS:\n\n\n \n\n\n-Initial 5,000-meter diamond drill program targeted to: \n\n\n\n\n\n-Extend the current 1.2 km mineralized zone along Shumagin Gold Zone strike and at depth to the southwest towards the Orange Mountain Zone.\n\n\n\n-Execute an infill drill program at the Shumagin Gold Zone to assist in defining geological resource model.\n\n\n\n\n\n-Initiate a geophysical program (e.g. Mag, IP, EM and Gravity surveys).\n\n\n\n-Complete a metallurgical assessment of high-grade gold and silver mineralization across the Shumagin Gold Zone.\n\n\n\n-Expand exploration work on the Apollo-Sitka Trend.\n\n\n\n\n \nVancouver, BC / TheNewswire / February 08, 2017 - Redstar Gold Corp. (TSX.V: RGC, OTCQB: RGCTF, FRA: RGG) (\"Redstar\" or the \"Company\") is pleased to announce, based on the successful expansion of the mineralized zone along trend and at depth achieved in the 2016 Fall Exploration Program, its 2017 Resource Development and Exploration Program at the Unga Gold Project.\n\n\n \n\"Commencing in April 2017, our busiest exploration season to-date will begin at the Unga Gold Project. During the 2016 Exploration Program, the Company completed various reconnaissance exploration exercises across the Shumagin and Apollo-Sitka Trends, which included mapping, geochemical soil sampling, surface rock sampling, a 1,505-meter drill program at the Shumagin Zone, and the initiation of an updated internal geological model of the Unga Gold Project. Redstar's President & CEO, Peter A. Ball, stated, \"Based on the results and success from 2016, Redstar increased the drilled strike length of the Shumagin Gold Zone from approximately 300m to approximately 950m, and is now well-financed, excited, prepared and focused to execute a multi-million-dollar expansive exploration program to highlight the potential of the multiple gold zones with the Unga Gold Project, commencing firstly with the Shumagin Gold Zone.\" \n\n\n \nDetailed Review of the 2017 Exploration and Resource Development Program:\n\n\n \n\n\n-Utilizing multiple drill rigs, commence initial 5,000 meters of exploration diamond drilling, focused on step out drill holes to the southwest of the Shumagin Gold Zone. Additional drilling and other gold zones will be po...