Brilliant “Up North to Alaska” then “Down South to Mexico” Exploration Strategy Keeps the Drills Turning Year-Round

 

Heliostar Metals (TSX V: HSTR)(OTC: HSTXF) — currently trading around C$0.80 per share — has announced assay results from 6 additional RC holes from the Aquila vein target at its flagship Unga Gold Project, Alaska.

Highlights include:

  • 1.77 grams per tonne (g/t) gold over 18 meters; including

                •  3.44 g/t gold over 7.6 meters

  • 0.55 g/t gold over 41 meters; including 

                • 5.95 g/t gold over 1.52 meters

Heliostar CEO, Charles Funk — whom you’ll be hearing directly from in a moment — commented via press release:

"The 2021 program continues to deliver, showing the SH-1 Resource is just one of many high grade targets within the Unga district. 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, including from the SH-1 Resource and Apollo targets. Planning has commenced for drilling at Centennial in November and December due to the ability to drill year-round on parts of the project."

The Unga project comprises multiple high-priority targets — including Apollo, Alaska’s oldest gold mine — as denoted by the property map below. And keep in mind also that the SH-1 target alone boasts an Inferred resource of 384,000 ounces of gold at 13.8 g/t — so very high grade.

Importantly, the Heliostar team has only begun to scratch the surface, literally, of the potential mineralization at Unga primarily via shallow RC drill holes to-date. As you’re about to discover, the company has plans to mobilize a diamond drill rig to test for extensions of gold mineralization at-depth starting in the early part of next year. 

I won’t go into the specifics of the upcoming drill plans for Unga here because our own Gerardo Del Real of Junior Resource Monthly caught up, in person, with Heliostar CEO, Charles Funk, at last week’s Beaver Creek Precious Metals Summit for an exclusive video interview you can watch here. CLICK TO PLAY.

Inside, Charles details the multi-target exploration approach at Unga along with a preview of what’s next for the company’s multiple early-stage silver projects in Sonora, Mexico. To me, it’s a brilliant “up north to Alaska” then “down south to Mexico” exploration strategy designed to keep the drills turning year-round. Please enjoy that interview.

Of course, Gerardo will be hot on it every step of the way as the Heliostar team keeps the news flowing for HSTR/HSTXF shareholders.

Be sure to also click here for a short video clip where Gerardo discusses the key advantages his subscribers enjoy monthly — including specific buy-sell signals and upcoming catalysts across a variety of metals — and why he believes Q4 is shaping up to be one of the most profitable quarters he’s seen in the junior resource space.

And click here for our feature report on Heliostar Metals.

Yours in profits,

 

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest


Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest readers.


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