- Heliostar Metals (HSTR) has announced the results of six additional reverse circulation (RC) drill holes at the Aquila vein target
- These latest results position Aquila as the third centre of mineralization at the large-scale Unga district in Alaska
- Crews intersected multiple areas of mineralization near the surface, including 1.77 g/t gold over 18.28 metres from 4.57 metres from surface
- Heliostar is a junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico
- Heliostar Metals Ltd. (HSTR) is up 13.16 per cent, trading at $0.86 per share
Heliostar Metals (HSTR) has announced the results of six additional reverse circulation (RC) drill holes at the Aquila vein target.
These latest results position Aquila as the third centre of mineralization at the large-scale Unga district in Alaska.
Drilling has expanded the Aquila zone to over 475 metres in length, open to the northeast and at depth. In total, five holes define a zone of continuous mineralization that is at least 120 metres long.
Crews intersected multiple areas of mineralization near the surface, including 1.77 g/t gold over 18.28 metres from 4.57 metres from surface.
Heliostar determined that the gold mineralization becomes thicker to the northeast, indicating that the gold mineralizing system may be becoming more robust in this direction.
Charles Funk, CEO of Heliostar, commented,
“These results build on those from earlier in September at Aquila and define a new zone with intercepts from surface that are wide open for expansion.
“Systematic exploration is proving very successful to unlock the Unga District and more assay results are pending from this year’s program,” he added, “including from the SH-1 Resource and Apollo targets.”
Geological evidence so far shows that this shallow mineralization is only the top of the system. Heliostar’s geologists infer that the Aquila target has excellent potential for further expansion.
Heliostar is a junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico.
Heliostar Metals Ltd. (HSTR) is up 13.16 per cent, trading at $0.86 per share as of 10:05 am ET.
