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Providing coverage of Alaska and Northwest Canada's mineral industry
September 2016

Vol. 21, No. 39 Week of September 25, 2016

Mining News: News Nuggets: Redstar identifies new Unga gold target

Redstar Gold Corp. Sept. 15 reported results from a summer surface sampling and geological mapping program at the Shumagin zone, a 2,000-meter-long structure that is part of the nine-kilometer- (5.6 miles) long Shumagin Trend at the company’s Unga gold project in Southwest Alaska. Highlights from this work include a composited continuous chip sample that averaged 37.26 grams per metric ton gold 103.7 g/t silver across 2.3 meters. This sample was taken from a weathered breccia containing rhodochrosite, a manganese carbonate mineral that typically occurs as red crystals. “The summer exploration program at Shumagin has refined new exploration targets along known structures hosting high-grade rhodochrosite-bearing breccias within dilation zones localized along the … Shumagin zone,” said Redstar President and CEO Peter Ball. “We are very excited to further test these new targets that include anomalous structures localized within the footwall and hanging wall, as well as testing other conceptual geological targets such as the hanging wall graben.” The summer program also included sampling of other district targets, including Empire Ridge and Orange Mountain. Results from this work are pending.






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