Heliostar Metals Ltd. is pleased to announce the appointment of Mr. Mahesh Liyanage to the Company’s executive team in the role of Chief Financial Officer . Mr. Liyanage takes over from Mr. Mark Brown who has stepped down from his role. Heliostar CEO, Charles Funk, commented “I welcome Mahesh to Heliostar Metals as we continue to build a dynamic management team that can unlock the potential of our high-grade portfolio in [...]
Heliostar Metals Ltd. is pleased to announce it has entered into an agreement with Trillium Gold Mines Inc. to sell its 16.5% interest in the Newman Todd property located in the Red Lake district of Ontario. Heliostar's CEO, Charles Funk, commented "Converting Heliostar's non-core minority interest in Newman Todd into cash and Trillium shares is consistent with our strategy to focus on our Unga project and our Mexican [...]
Heliostar Metals Ltd. , , is pleased to announce the first results from its 2020 exploration program at the Unga project in Alaska. The Aquila target is a located six kilometres southwest of the SH-1 resource, and surface mapping and sampling has defined an 800-metre-long trend of gold mineralization associated with a network of epithermal veins. This release contains results from the first of five holes completed at [...]
Heliostar Metals Ltd. US: is pleased to announce new additions to its management team. Samuel Anderson has joined as Vice President of Exploration and Stewart Harris has joined as Exploration Manager. Heliostar CEO, Charles Funk, commented "The appointment of Samuel Anderson and Stewart Harris strongly bolsters Heliostar's management team. Sam brings a wealth of resource to production experience from his time at Newmont [...]
Heliostar Metals Ltd. is pleased to provide an update on drilling at the Unga project in Alaska. The Company currently has three drill rigs exploring the SH-1 resource, the historic Apollo Mine, and the Aquila prospect and has completed 1,200 metres of drilling. Drilling at SH-1 has intersected targeted veining up-dip and at depth, while drilling at Aquila has intersected veining. The program is expected to continue until [...]
Redstar Gold Corp. confirms reports of an earthquake, located 91 kilometers south east of Sand Point, yesterday afternoon. Along with the earthquake, which is reported to have been 7.5 on the Richter scale, Tsunami warnings were issued. The Tsunami was negligible at Sand Point and Unga with a sea swell of approximately 60cm was noted at Sand Point. Emergency procedures were quickly followed by the Redstar Gold Exploration [...]
Redstar Gold Corp. announces that the recently approved name change and share consolidation will take effect on Wednesday, October 21, 2020. On the Effective Date, the Company's name will change to Heliostar Metals Ltd. and it will begin trading on the TSX Venture Exchange under the symbol HSTR.V. In addition, on the Effective Date, the Company will consolidate its outstanding common shares at a ratio of one [...]
Redstar Gold Corp. is pleased to report that the Company's shareholders voted in favour of all items of business brought before them at the Company's Annual General & Special Meeting held on September 29, 2020. Redstar CEO, Charles Funk, commented "The AGSM was the final major milestone to complete the transformation of Redstar Gold to Heliostar Metals. With a strong financial position, limited number of shares issued and [...]
Redstar Gold Corp. US is pleased to announce that drilling has commenced at its flagship Unga project in Alaska. The company is planning to complete a C$6,000,000 exploration program on the property from September to late November, 2020. Redstar CEO, Charles Funk, commented "Commencing drilling at Unga is another significant milestone for Redstar Gold as we complete our transformation into a leading exploration company. A [...]
Redstar Gold announces that it has granted to directors, officers, and consultants of the Company stock options exercisable to acquire up to a total of 20,730,000 common shares in accordance with the Company's Stock Option Plan. The Options are exercisable for a period of five years at a price of $0.115 per share and will vest 1/3 immediately; 1/3 after 12 months from the date of grant; and 1/3 after 24 months from the [...]
Redstar Gold Corp. US is pleased to announce that its Cumaro project forms a key part of the El Picacho epithermal district in Sonora, where SilverCrest Metals has just announced the purchase of 7,060 ha for US$1.6 million plus unpaid taxes1. The Cumaro project is one of a set of high-quality exploration projects added to Redstar's portfolio in August 2020 through the acquisition of Heliodor Metals Limited. Redstar CEO [...]
Redstar Gold Corp. is pleased to announce changes to its Board of Directors. These changes are part of the terms of purchase of 100% of the shares of Heliodor Metals Limited for which Redstar Gold has agreed to issue 86.5 million Redstar shares Redstar Chairman Jacques Vaillancourt said: "This is one more step in the transformation of Redstar Gold. The composition of the new board and management team reflects a change in [...]
