Redstar Gold Corp. is pleased to announce that the Company has commenced the Spring 2017 Exploration Program, starting with a detailed surface geophysics program at the Shumagin Gold Zone within the Unga Gold Project. The Shumagin Gold Zone is one of multiple gold zones within the district-scale Unga Gold Project, and was recently drilled in the fall of 2016. The 2016 drill program successfully expanded the drilled strike length of the Shumagin Gold Zone by 600 meters to approximately 950 meters, and highlighted the strong continuity of high-grade mineralization along strike and at depth. The ground based geophysical program will test the potential southwest extension of the Shumagin system and assist in defining new drill targets.
Redstar’s President & CEO, Peter A. Ball, stated, “We are excited to begin the ground based geophysical program to further test the strike length of the Shumagin Gold Zone. The zone currently has been drill tested over a strike length of approximately one kilometer, and our geophysical program will assist in defining the interpreted continuation of the Shumagin structure to the southwest, with a goal to test the structure with a targeted follow-up drill program in May 2017. With a strong treasury, the Shumagin Gold Zone is our priority heading into the 2017 Spring Exploration Program, but other numerous gold zones within the Unga Gold Project provide significant opportunity for multiple gold discoveries.”
The 2017 Spring Exploration Program will begin with a ground-based geophysical program consisting of an initial detailed “orientation survey” that will test the geophysical responses associated with well-known geological features and high-grade gold mineralization located across the Shumagin Gold Zone. This will be immediately followed by a 5000m drilling program.