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Redstar to Drill the High Grade Gold Shumagin Zone at the 100% Controlled Unga Gold Project in Alaska
(via Thenewswire.ca) Vancouver, BC / TheNewswire / October 5, 2016 - Redstar Gold Corp...
About this update from Heliostar Metals Ltd
[{"type":"text","content":"Redstar to Drill the High Grade Gold Shumagin Zone at the 100% Controlled Unga Gold Project in Alaska(via Thenewswire.ca)\n\n \n\n\nVancouver, BC / TheNewswire / October 5, 2016 - Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) (\"Redstar\" or the \"Company\") announces that it plans to initiate a Phase 2 Drill Program of approximately 1,500 metres on its high grade Unga Gold project in Alaska in late October. The drill program will focus on outlining additional high grade gold mineralization at the Shumagin Zone along strike and at depth. The Company anticipates a larger expansive drill program in the spring of 2017, after all results from the Phase 2 program are received and modelled.\n\n\n\nRedstar's President & CEO, Peter A. Ball, commented, \"With the drill rig currently at site, we are immediately mobilizing our technical team to the Unga Gold Project to initiate the drill program by the end of October. The Shumagin Gold Zone has already delivered exceptional high grade gold intersections, and we look forward to the next set of results from the upcoming Phase 2 drill program. The 2016 summer exploration program at Shumagin assisted in refining new exploration targets, and has fully prepared our technical team to initiate the next phase of drilling, which follows significant results from the 2011 and 2015 drill programs. The Shumagin Zone remains the highest priority target amongst numerous other high grade targets that exist in the district, that have a combined strike length of approximately 20 km. Redstar is fully financed for the upcoming Phase 2 drill program, and is well capitalized heading into 2017.\"\n\n\n\nSelected Historical Drill Highlights from the Shumagin Gold Zone**:\n\n\n\n\n \n \n\nHole#\n\n\n\n\nFrom\n\n\n\n(meters)\n\n\n\n\nTo\n\n\n\n(meters)\n\n\n\n\nLength1\n\n\n\n(meters)\n\n\n\n\nGold Grade\n\n\n\n(g/t)\n\n\n\n\nSilver Grade\n\n\n\n(g/t)\n\n\n\n\nDDH-26\n\n\n\n\n49.07\n\n\n\n\n49.83\n\n\n\n\n0.76\n\n\n\n\n37.7\n\n\n\n\n20.6\n\n\n\n\nDDH-28\n\n\n\n\n44.81\n\n\n\n\n46.02\n\n\n\n\n1.22\n\n\n\n\n16.5\n\n\n\n\n55.5\n\n\n\n\nDDH-35\n\n\n\n\n77.27\n\n\n\n\n77.88\n\n\n\n\n0.61\n\n\n\n\n192.6\n\n\n\n\n5403.4\n\n\n\n\nDDH-42\n\n\n\n\n132.59\n\n\n\n\n134.11\n\n\n\n\n1.52\n\n\n\n\n30.96\n\n\n\n\n35.0\n\n\n\n\nDDH-46\n\n\n\n\n153.62\n\n\n\n\n154.84\n\n\n\n\n1.22\n\n\n\n\n365.35\n\n\n\n\n190.6\n\n\n\n\nDD...