Wednesday 21st November 2018

Resource Clips

Redstar Gold reports Alaska Gold Assays up to 4.02 g/t over 21m

Resource Clips - essential news on junior gold mining and junior silver miningRedstar Gold Corp TSXV:RGC announced drill results from its Unga project in Alaska. Highlights include

4.14 g/t gold over 3.7 metres
1.97 g/t over 3.1 metres
1.42 g/t over 22.1 metres (including 5.38 g/t over 1.3 metres)
4.02 g/t over 21 metres (including 43.9 g/t over 1 metre)

President Scott Weekes commented, “We are extremely pleased with the initial results of our first drill program on the Unga project. Past drilling, completed in the 1980s on the Shumagin vein system, resulted in a non 43-101 compliant resource of 225,000 ounces of gold and 1,000,000 ounces of silver. Our results have confirmed the presence of an extremely rich high-grade vein system, and we are also impressed with the discovery of wide zones of near surface gold-silver mineralization. Our work highlights the potential for high-grade gold, and bulk mineable mineralization within the Shumagin system. We are also encouraged to have demonstrated strong continuity of the gold system with three holes drilled on the same section all intersecting high-grade gold within the vein. Of particular note, the highest grades and best width occurred in drill hole SH007, which was the deepest of the three, and demonstrates that the mineralizing system is still wide open at depth.”

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Tim Mikula
Business Development

by Ted Niles

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