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 [...]
Redstar Gold Corp. US is pleased to announce that it has completed its non-brokered private placement offering and its acquisition of Heliodor Metals Limited. In the Offering, Redstar issued 87,633,332 common shares at a price of C$0.08 per Share for aggregate gross proceeds of C$7,010,667. In its share exchange transaction with the Heliodor shareholders, which was originally announced in the Company's press release of [...]
Redstar Gold Corp. is pleased to announce the commencement of a non-brokered private placement offering of up to 87,500,000 common shares at a price of C$0.08 per Share for aggregate gross proceeds of up to C$7,000,000. On July 23, 2020, Redstar announced that it had entered into an agreement to acquire Heliodor Metals Limited in exchange for 86.5 million Redstar common shares. One of the conditions precedent to [...]
Redstar Gold Corp. announces that, as a result of a review by the British Columbia Securities Commission, it is issuing the following news release to clarify the Company's disclosure. announces that the NI 43-101 Technical Report and Resource Estimate for the SH-1 Gold and Silver Deposit - Part of the Unga Project, Southwest Alaska, of March, 26 2020, including the mineral resource estimate, should not be relied upon [...]
Redstar Gold Corp. is pleased to announce that it has received conditional approval from the TSXV for its proposed acquisition of Heliodor Metals Limited in exchange for 86.5 million Redstar common shares in a transaction previously described in Redstar's press release of July 23, 2020. The TSXV conditional approval accepts the proposed transaction subject to the completion of a private placement to raise a minimum of [...]
Redstar Gold Corp. is pleased to announce that it has entered into a binding agreement to acquire 100% of the shares of Heliodor Metals Ltd. in which Redstar Gold has agreed to issue 86.5 million Redstar shares at a deemed Redstar share price of C$0.05 for 100% of the outstanding Heliodor shares. HIGHLIGHTS: Heliodor has interests in three 3 epithermal gold and silver projects in Sonora, C$1.5 Million in cash and no debt [...]
HIGHLIGHTS: - Results show potential for a new gold zone 2km from the historic Centennial Zone - Results indicate a kilometre scale gold anomaly north of Suzy-Rhodo Vein - Sowhat Vein extension is open 600m northeast of original sampling - Results indicate continuation of a trend at previously drilled Propalof prospect - Plans underway to define new high probability drill targets Vancouver, June 16th, 2020 - Redstar Gold[...]
Redstar Gold Corp. is pleased to announce that Redstar Management and Directors will be attending this year's conference of the 121 Mining Investment Americas conference which this year will be conducted online in the Eastern Standard Time zone from June 2nd - 4th, 2020. The conference attracts the leading members of the world's mining investment community and mining companies. Redstar will be presenting the Company's [...]
Redstar Gold Corp. is pleased to announce that Redstar Management and Directors will be attending this year's conference of the 121 Mining Investment conference which will be conducted online , in the United Kingdom time zone, from May 19th - 21st, 2020. The conference attracts the leading members of the world's mining investment community and mining companies. Redstar will be presenting the Company's progress and plans [...]
HIGHLIGHTS: - Recent geochemical and geophysical results show potential for a new gold & base metals zone - Results indicate a significant increase in strike length of Sitka mine structure - High probability gold and base metal, April 20th 2020 - Redstar Gold Corp. , , Redstar has completed geophysical and geochemical studies over several areas of anomalous mineralization on Unga and Popof in order to determine the [...]
HIGHLIGHTS: - April 3rd 2020 - Redstar Gold Corp. , , Redstar has completed geophysical and geochemical studies over several areas of anomalous mineralization on Unga and Popof in order to determine on-strike extent of known structures that have potential for new high grade gold zones. This release focuses on the results of an exploration program across the Aquila Zone, located at the western end of the Shumagin Trend [...]