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Redstar Gold Significantly Expands Strike & Depth Extent of High-Grade Gold Mineralization within the Shumagin Gold Zone at the Unga Gold Project, Alaska
(via TheNewswire) January 19, 2016 / TheNewswire / Redstar Gold Corp. (TSX.V: RGC, OTC...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Redstar Gold Significantly Expands Strike & Depth Extent of High-Grade Gold Mineralization within the Shumagin Gold Zone at the Unga Gold Project, Alaska(via TheNewswire)\n\n \nJanuary 19, 2016 / TheNewswire / Redstar Gold Corp. (TSX.V: RGC, OTCQB: RGCTF, FRA: RGG) (\"Redstar\" or the \"Company\") announces assay results from its 2016 Drill Program, which consisted of seven (7) drill holes totaling 1,505 metres, and was completed on November 4th, 2016. The recent successful drill program was designed to test the down-dip and along-strike expansion potential of high-grade vein/breccia mineralization at various structural elevations along the Shumagin Gold Zone. \n\n\n \n2016 Drill Program Highlights at the Shumagin Gold Zone:\n\n\n \n\n\n-High-grade gold-silver mineralization was encountered in all drilling areas. \n\n\n\n \n \n\n\n-Drilling has expanded high-grade gold-silver mineralization, totaling approximately 950 metres of drilled strike length.\n\n\n\n \n \n\n\n-Breccia and stockwork zones widen at depth towards the southwest, indicating further expansion potential along strike of the Shumagin Gold Zone.\n\n\n\n \n \n\n\n-Consistent high-grade gold mineralization occurs to depths of approximately 330 metres from the surface.\n\n\n\n \n \n\n\n-Mineralization remains open in all directions.\n\n\n\n\n \nPlease refer to www.redstargold.com/2016_Drill_Program to key sections and maps related to discussion below.\n\n\n \n\"We are excited to have intersected gold mineralization in all areas drilled during the recent 2016 drill program, and to have also significantly increased the current drilled strike length of the Shumagin Gold Zone. The overall size of the system has increased 300 metres east to Bunker Hill, and approximately 400 metres to the southwest of the deepest previous drill hole BM-01 drilled in the 1990s. Shumagin has once again delivered double digit gold grades consistently in almost every drill hole,\" commented Redstar's President & CEO, Peter A. Ball. \"Our technical team, led by Jesse Grady, Redstar's VP Exploration, was successful in expanding and enhancing the geological model, as well as furthering our understanding of the Shumagin Gold Zone and its potential size and scale within the much larger Unga district scale project. Given these highly encouraging results, we intend to commence an expanded drill ...