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Redstar Signs Surface Access Agreement on the High Grade Gold Extension to the Unga Gold Project on Popof Island
(via TheNewswire) HIGHLIGHTS: - Renews its Surface Access Agreement on Popof ...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Redstar Signs Surface Access Agreement on the High Grade Gold Extension to the Unga Gold Project on Popof Island(via TheNewswire)\n \n \nHIGHLIGHTS:\n\n \n \n- Renews its Surface Access Agreement on Popof Island for an additional twelve months.\n\n\n \n- Agreement with the Shumagin Village Corporation includes option for drilling and bulk sampling.\n\n\n \n- Popof property hosts 6 distinct prospects and historical (non 43-101 compliant) resource.\n\n\n \n- Planned exploration will consist of geochemical and geophysical surface work.\n\n\n \n- Program designed to delineate drill targets on the Eastern extension of the Shumagin Zone high-grade gold system on neighbouring Unga Island.\n\n \n \nVancouver, Canada, October 08, 2019 - Redstar Gold Corp. (TSXV:RGC) (OTC:RGCTF) (FRA:RGG) (\"Redstar\" or the \"Company\") has signed a surface access agreement with The Shumagin Corporation (TSC). The agreement provides access to Redstar's mineral exploration license underlain by TSC's property which forms part of Redstar's \"Unga Project\" on Unga and Popof Islands situated near the centre of the Aleutian Arc. Coincident with signing, Redstar has mobilized a team on Popof to prepare grid for geochemical and geophysical sampling across broader, surface gold anomalies and on-strike projections of high-grade gold veins such as Suzy Rhodo where previous sampling returned assays up to 21ppm Au.\n\n \n \nRedstar President John Gray commented: \"Redstar is pleased to announce that it has signed this surface access agreement with TSC that will allow the Company to fully explore all of the areas of its Unga High Grade Gold Project on Popof Island where the flat-lying, near surface Centennial gold occurrence is located along with five other high grade gold prospects. Redstar and TSC are committed to advancing the project and the Company is grateful for TSC's prompt attention in negotiating this agreement.\"\n\n \n \nFigure 2: Popof Island - Areas of Highly Prospective Gold Anomalies covered by Q4 2019 geophysics and geochemistry surveys\n\n\n \n \nClick Image To View Full Size\n\n \n \n* Redstar notifies that a qualified person has not done sufficient work to classify the historical estimate on the Centennial project as current mineral resources or mineral reserves, and is not treating the historical estimate as current mineral resources or mineral r...