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Providing coverage of Alaska and Northwest Canada's mineral industry
May 2015

Vol. 20, No. 19 Week of May 10, 2015

Mining News: News Nuggets: Redstar starts 2015 drilling at Unga

Redstar Gold Corp. April 29 reported that it has begun the first phase of its 2015 drill program at its Unga gold project, located at the eastern end of the Aleutian Islands of Southwest Alaska. This initial eight-hole (roughly 1,450 meters) program will target the Shumagin gold zone, which is part of the larger Shumagin trend that extends six miles and parallels the six-mile-long Apollo-Sitka trend. This diamond drilling will occur in an area where historically reported holes (1983-2011) yielded high-grade gold intersections, including three drilled by Redstar: 29.65 meters of 14.98 grams per metric ton gold and 11.5 g/t silver in hole 11SH010; 4.0 meters of 11.7 g/t gold and 10.2 g/t silver in hole 11SH009; and 1.0 meter of 43.9 g/t gold and 18.5 g/t silver in hole 11SH007. Redstar said the phase-1 program is designed to test for continuity and expansion of Shumagin gold zone mineralization along strike and at depth. The company is planning to complete a more extensive phase-2 drill program during the second half of this year that is expected to include continued testing of the Shumagin gold zone and exploration of other known high-grade gold targets at Unga.

- Shane Lasley






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