North of 60 Mining News - The mining newspaper for Alaska and Canada's North

North of 60 Mining News - Mining Business directory

By Shane Lasley
Mining News 

Redstar raises cash buys Mexico explorer

Unga gold project in Alaska remains company's flagship asset North of 60 Mining News – August 28, 2020

 

Last updated 9/26/2020 at 3:23pm

Gold exploration target Unga Island coast Alaska Peninsula

Redstar Gold Corp.

The Aquila target at the southwest end of the Shumagin trend on Redstar's Unga gold project on the Alaska Peninsula.

Redstar Gold Corp. Aug. 24 announced that it has raised C$7 million and finalized the acquisition of Heliodor Metals Ltd., an exploration company with interests in three epithermal gold and silver projects in Mexico, plus C$1.5 million in cash and no debt.

As part of the deal, Heliodor founder and President Charles Funk has been named as Redstar's CEO.

"Adding Heliodor to the Redstar group of c...



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