Shumagin Islands

Heliostar Provides Drilling Update and Outlines Exploration Plans at Unga Project, Alaska

Retrieved on: 
Thursday, May 13, 2021

Heliostar looks forward to some of the earliest assay results from summer projects in Alaska and Canada in 2021 due to this early start.

Key Points: 
  • Heliostar looks forward to some of the earliest assay results from summer projects in Alaska and Canada in 2021 due to this early start.
  • The 2020 results from shallow drilling support the interpretation that the high grade zone dips more steeply than previously recognized, an interpretation that will guide the deeper drilling planned for 2021.
  • The company\'s flagship asset is the 100% controlled Unga Gold Project on Unga and Popof Islands in Alaska.
  • Mr. Harris is a Qualified Person as defined under the terms of National Instrument 43-101.\nFor additional information please contact:\n'

Heliostar Announces Closing of $5.6M Brokered Private Placement

Retrieved on: 
Wednesday, May 5, 2021

As previously announced, the Offering was made pursuant to an agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP.

Key Points: 
  • As previously announced, the Offering was made pursuant to an agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP.
  • The Company\'s flagship asset is the 100% controlled Unga Gold Project on Unga and Popof Islands in Alaska.
  • The project hosts an intermediate sulfidation epithermal gold deposit, located within the district-scale property that encompasses 240km2 across the two islands.
  • Cumaro forms part of the El Picacho district, while the Oso Negro and La Lola projects are also prospective for epithermal gold-silver mineralization.\nFor additional information please contact:\n'