January 19th, 2021 – Heliostar Metals Ltd. is pleased to announce that Mr. Robert Grey has joined as Investor Relations Manager. “We are excited about the changes we are making at Heliostar. Bringing Rob in to join the Heliostar team is another key appointment for the company. Rob’s experience in the role, highlighted by multiple successful transactions of emerging gold projects, will assist Heliostar in achieving our [...]
Heliostar Metals Ltd. is pleased to announce that it has completed the previously announced sale of its 16.5% interest in the Newman Todd property to Trillium Gold Mines Inc. . The terms of the sale were set out in a purchase agreement between Heliostar and Trillium dated as of November 24, 2020, pursuant to which Heliostar agreed to sell its 16.5% interest in consideration for $700,000 cash and 650,000 Trillium common [...]
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 [...]
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