Redstar Announces 2017 Fall Drill Program Targeting Multiple Gold Zones at the Unga Gold Project
Suite 1500, 409 Granville Street
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Redstar Announces 2017 Fall Drill Program Targeting Multiple Gold Zones
at the Unga Gold Project
HIGHLIGHTS:
• Redstar initiating 2017 Fall Drill Program of up to 3,750m.
• Program’s primary drill focus is the Shumagin and Bunker Hill Gold Zones.
• The Company is evaluating possible maiden drill program on the Apollo-Sitka Trend.
• Additional information, maps and drill targets, long sections will be available upon
commencement of the drill program.
September 21, 2017: Redstar Gold Corp. (TSX.V: RGC, OTCQB: RGCTF, FRA: RGG)
("Redstar" or the "Company") is pleased to announce that a 2017 Fall Drill Program is planned
to commence shortly at its 100% controlled high-grade Unga Gold Project. Technical teams are
on site, and drilling is expected to begin within 7 days. The 2017 Fall drilling program is planned
to total up to 3,750m, which would bring the full year to a total of approximately 6,000m drilled
at the Unga Gold Project.
The Fall Drill Program will target the expansion of the main Shumagin Gold Zone at depth and
along strike to the northeast towards and at depth below the Bunker Hill Gold Zone.
Additionally, the Company is finalizing an internal review of additional priority drill targets
located within the 240-km2 land package on Unga Island in order to further understand the
district wide potential. This review may result in Redstar initiating its first drill program on the
Apollo-Sitka Trend, as an add-on to the Shumagin Gold Zone drill program. The Apollo-Sitka
Trend is parallel to the Shumagin Trend, 3 km to the south and also extends for approximately 9
km across Unga Island, and is host to two historic mines. Of the numerous identified drill targets
on Apollo-Sitka trend, the drill target being considered for inclusion in this program is known as
the Rising Sun Gold Zone. Rising Sun is located 500m to the east-southeast of the former Apollo
Mine.
Redstar’s President & CEO, Peter A. Ball, stated, "With two drill rigs currently at site, and
the camp in final stages of completion, our technical team has arrived back on site at the Unga
Gold Project to initiate the Fall drill program. Drilling within t he Shumagin Gold Zone has
previously intersected multiple high grade gold intersections and w ith a strong treasury, the
Shumagin Gold Zone is our priority heading into the 2017 Fall Exploration Program. In
addition, we are finalizing our geological modeling of additional gold zones, such as the Rising
Sun Gold Zone in the southern Apollo -Sitka Gold Trend, where we are planning to potentially
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execute a drill program on this exciting southern gold trend, which has not been drill tested in
over 20 years.”
Geological Highlights of the Shumagin Gold Zone and Trend
• The Shumagin Trend is approximately 9.5 km. long, and is a major regional structure
responsible for the localization of epithermal mineralization and associated alteration
exposed about its strike length.
• Drill results at the Shumagin Gold Zone indicate that high-grade gold-silver mineralization
occurs at depth for approximately 950m of tested strike length, and is vertically extensive (to
approximately 330m at depth).
Figure 1 – Unga Gold Project
About the Unga Gold Project
The 100% co ntrolled Unga Gold Project is a low to intermediate-sulfidation epithermal district
located along the Alaskan Peninsula on adjacent Unga and Popof Islands, approximately 950 km
southwest of Anchorage, Alaska. The 240 -km2 property contains numerous volcanic -hosted,
structurally controlled and disseminated gold-silver mineral occurrences localized along at least
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two (2) regional structures (Shumagin Trend and Apollo -Sitka trends), each measuring
approximately 9.5 km long. High -grade gold zones drilled or identified at surface occur within
dilation zones along the regional and/or subsidiary structures and are the main exploration target-
type for the project. The Shumagin Gold Zone is only one of several noteworthy gold -silver
structures found on Redstar’s Unga Gold Project and is a high -priority ex ploration target. The
former Apollo-Sitka gold mine, located on the southern Apollo -Sitka Trend, was Alaska’s first
underground gold mine and the site of historic high -grade (~10 g/t Au) gold production. The
Unga Gold Project has extensive infrastructure w ith daily flights from Anchorage landing on a
one mile long paved airstrip and a deep -water port on neighboring Popof Island, and a moderate
climate noting it resides at the 55th degree latitude and next to tidewater.
Jesse C. Grady, MSc, CPG-11592, is a Qualified Person as defined by NI 43-101. Mr. Grady has
prepared and approved the technical information contained within this release.
About Redstar Gold Corp
Redstar is well-financed junior exploration company, with a very strong, supportive institutiona l
shareholder base, no debt, and is focused on high-grade gold exploration and advancing its 100%
controlled high-grade Unga Gold Project in Alaska. In addition, Redstar owns approximately
19.5% of NV Gold Corp. (TSXV: NVX). Redstar also owns 30% of the Ne wman Todd Gold
Project, in Red Lake, Ontario, Canada.
On Behalf of the Board of Directors,
Peter A. Ball, President and CEO
For additional information please contact:
T: 604.245.5861
TF: 877.310.3330
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Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Information This release includes
certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of
historical facts, that address events or developments that Redstar Gold Corporation (the "Company") expects to occur, are
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are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices,
exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or
business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual
results or developments may differ materially from those projected in the forward-looking statements. Forward-looking
statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made.
Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking
statements in the event that management's beliefs, estimates or opinions, or other factors, should change.