Tag: #Shumagin

Oblique view to NorthEast of the Shumagin Zone. Blue Solid along south side of the Shumagin Master Fault is Modeled Conductivity data from griddid IP surveys. The conductivity solid clearly delineates faulted geological contacts between Hangingwall Tuff (Conductive) and Footwall basalt/Andesite (Magnetic, Resistive-Chargeable.) and highlights splaying of the Shumagin Fault to the southwest along strike for ~600 meters and remains open.

Redstar Gold: Interview with CEO Peter Ball

A few months ago, Redstar Gold (RGC.V) released a set of drill results from the summer drill program at Unga Island, and even though the company’s drill core contained visible gold, the assay results were disappointing. As we mentioned before, exploration isn’t an exact science and if anything, Redstar continues […]

Redstar Gold expands Shumagin along strike and at depth

Redstar Gold expands Shumagin along strike and at depth

Last month, Redstar Gold (RGC.V) has released the assay results from its 2016 drill program which consisted of 7 drill holes for a total of just over 1,500 meters. This was just a short drill program to test the potential of the Shumagin breccia mineralization, and it looks like Redstar […]

Redstar Gold links Orange Mountain with high-grade Shumagin zones

Redstar Gold links Orange Mountain with high-grade Shumagin zones

Redstar Gold (RGC.V) is still working on interpreting the data it gathered from its summer exploration program at the 100% owned Unga gold project in Alaska, and the company released another positive update on its efforts. Redstar now confirmed its exploration program has identified a continuous mineralized structure connecting the […]

NV Gold and Redstar Gold have entered into a definitive agreement

NV Gold and Redstar Gold have entered into a definitive agreement

NV Gold (NVX.V) has now entered into a definitive agreement with Redstar Gold (RGC.V) to acquire all of Redstar’s exploration assets in Nevada. As you might remember, Redstar required NV Gold to raise C$350,000 and as it now has increased the size of its private placement to C$550,000, that condition […]

Redstar Gold adds Sprott to its list of major shareholders

Redstar Gold adds Sprott to its list of major shareholders

Redstar Gold (RGC.V) finally grabbed the market’s attention as not only did the company’s share price increase since the start of this summer, the company has also caught the eye of Eric Sprott, who decided he wanted to take an (initial?) 12.1% stake in the company. Redstar Gold will be […]

Looking south to SSW along the SW-trending silicic bodies of Orange Mountain, with steep outcrops to the NW, eroded to scree slopes.

Report: Redstar Gold – Going for Gold on Unga Island

The market finally seems to be realizing the potential of Redstar Gold’s (RGC.V) Unga project in Alaska, as the Company’s share price has now more than doubled to $0.125 in just over one month since July 12, 2016 when it traded at $0.055 when we released our first report, a […]