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Redstar Gold Corp.
Summary
| Project: | Unga | |
|---|---|---|
| Deposit: | Shumagin | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 12/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-12-2017: Redstar Gold Corp. announces an Exploration/Drilling Update report for its Shumagin deposit at the Unga project. Drilling results incl. 0.7m @ 4.33g/t Au, 2.13g/t Ag. December 11, 2017: Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) ("Re | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jesse C. Grady (Internal) | |
| ABSTRACT: | December 11, 2017: Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) ("Redstar" or the "Company") today announces drill results from its 2017 Fall Drill Program, at the 100% controlled Unga Gold Project in Alaska. The program was comprised of thirteen (13) drill holes, totaling 2,641m, and was designed to test two target areas within the Shumagin Gold Zone (Bunker Hill and East Zone) and one area within the Rising Sun Gold Zone in the Apollo-Sitka Gold Trend. “The 2017 Fall Drill program was primarily designed to further test the continuity of mineralization to the northeast within the Shumagin Gold Zone and enhance our geological model. Shumagin is a structurally complex high-grade epithermal system, as highlighted by high grade zones, or shoots to depth, and indicates continuity at shallow depths ranging from -240m to -330m below surface. The strong continuity of mineralization identified, and our updated geological model developed, will assist in vectoring future drilling for higher grade mineralization and widths at depth, as seen in previous drilling on the Main Breccia. We remain well capitalized, and in 2018 we will continue our exploration program at Shumagin, and look to further evaluate the additional 15+ known gold zones across the Unga district,” stated Peter A. Ball, President and CEO of Redstar Gold. | |
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