Soil grid results show promising signs for Redstar Gold at Unga project

The Company will also be announcing assays from its summer drill program shortly, and is currently finalizing its plans for an immediate follow-up exploration program to commence in the next 4 to 6 weeks.

Results from the 2017 soil sample data has defined multiple target areas that exhibit similar geochemical signatures to the Shumagin Gold Zone. As well as anomalous target areas within the Northern Footwall area at Shumagin, such areas correlate with broad quartz-sericite alteration zones discovered during May of this year. Sampling taken along a North-Eastern parallel locate approximately 200 meters north of the Shumagin Main Breccia returned ~4.5ppm Au, indicating a strong potential of a mineralised vein system obscured beneath the vegetation nearby.

Peter A. Ball, President and CEO commented:

“We were very pleased to confirm a number of anomalies and structures across the Shumagin Gold Zone, to the north and also to the southwest. Some soil samples highlighted very high anomalous gold and silver zones, which will assist the company in targeting new priority areas as we continue to explore and understand the large and expansive Shumagin gold system. We expect to announce drill results shortly and we are currently finalizing our plans to commence a follow-up exploration program in the coming weeks.”

Approximately 600 gridded soil samples were taken with the 2017 drill program, at every 25m interval along the northwest oriented grid lines spaced 50 to 100m apart, that were previously utilized for the 2017 spring ground geophysical survey.

At Shumagin, the combined soil grid data show an approximate 1 500 metre long by 100 meter wide scattered, anomalous gold & silver soil anomaly centered along the crest of the Shumagin Scarp from the Southwest Extension. Soil samples directly adjacent to exposed breccia bodies returned higher gold values, with the highest gold, silver, copper, lead and zinc values all occur directly along the Shumagin Scarp and clearly traces out the high-grade mineralised breccia bodies that occur along its length.

Geophysical work performed during Spring defined the Northern Footwall Anomaly (NFA) as a 600m long, North East trending area of geophysical anomalies that occur as sharp breaks in contoured resistivity data and zones of subtle magnetic destruction that are similar to the Shumagin Gold Zone.

Follow-up work within the NFA delineated an area of 800m by 250m containing strong quartz-sericite-pyrite, with multiple occurrences of quartz-adularia-carbonate boulders in small drainages similar to those observed along the Shumagin Scarp. 2017 soil grid work covering the NFA returned elevated Au, Ag, Cu, Pb, & Zn in soils that occur as overlapping trends that are parallel to common NNE & NE oriented structures visible throughout the footwall area.

Results from the 2017 soil sample data corroborate these well documented geochemical relationships observed along the Shumagin and Apollo-Sitka and has defined multiple target areas that exhibit similar geochemical signatures to the Shumagin Gold Zone. Geochemical patterns from compiled soil data that cover the area between Orange Mountain and Shumagin highlights the distinct geochemical change from broad Advanced Argillic alteration at Orange Mountain to structurally-controlled Intermediate-sulfidation breccia systems visible along the Shumagin Scarp and new geochemical anomalies along structures in the footwall and to the southwest of Shumagin.

Multiple targets with these geochemical patterns have been defined from the new 2017 soil work that occurred within the Northern Footwall Anomaly and in areas along strike to the southwest of Shumagin. Follow-up prospecting work about these anomalous zones will commence during the fall Phase 2 drill program scheduled to begin during September, 2017.

Read the article online at: https://www.globalminingreview.com/exploration-development/21082017/soil-grid-results-show-promising-signs-for-redstar-gold-at-unga-project/