Newman Todd Project — Red Lake, Ontario
Unga Project — Alaska, USA
Nevada Project Portfolio — Nevada, USA
Management and Directors|
Redstar Gold Corp. (TSX-V: RGC) is a Vancouver based junior exploration company focused on gold exploration in North America. The Company has begun drilling our newly acquired Unga Project, a high grade epithermal gold region, located in Alaska. Active diamond drilling is aggressively advancing the Newman Todd Property, a new gold discovery in the Red Lake Gold Camp in northwestern Ontario. Redstar also has exclusive rights to the AngloGold Ashanti Nevada database, which has generated over a dozen high quality projects.
The Newman Todd Project is located in the prolific Red Lake gold camp in northwestern Ontario, Canada, which is host to over 25 million ounces past production and reserves. Exploration by the Company has identified a 2 kilometres long gold bearing structure, Newman Todd Structure (NTS). The NTS is defined by a 150 to 250 metre wide zone of brecciation, carbonate alteration, quartz veining and sulphide replacement. Ongoing drilling has continued to prove the continuity of the NTS with highlights including 242.0 g/t gold over 0.5 metre and 42.84 g/t gold over 3 metres including 122.0 g/t gold over 1.0 metre.
Redstar has a partnership with Confederation Minerals Ltd, where Confederation can earn up to 70% interest in the Newman Todd Property.
The Unga Project consists of both the Shumagin and Unga/Popof Properties, which together make up approximately 250 square km covering portions of Unga and Popof Islands at the eastern end of the Aleutian Islands (~925 km southwest of Anchorage).
To date 30 km of trend and multiple gold targets have been identified, including:
- Shumagin (Vein) Trend includes a non NI 43-101 compliant high grade resource of 281,000 tons at a grade of 27.4 g/t gold and 127 g/t silver. This trend is still open at depth and along strike.
- Apollo-Sitka Trend includes historic production of approximately 150,000 ounces of gold with a recovery grade of ~0.3oz/t from a 2 km vein system. This trend is traceable for 7 km and remains open along strike and at depth.
- Centennial Deposit host a non NI 43-101 compliant resource of 4.8 million tons grading 1.5 g/t gold and is open along strike and at depth.
Currently, the Redstar Gold Corp. has 14 active projects in Nevada. Our exploration strategy is to generate high quality projects and attract aggressive partners to explore them. The goal is to give Redstar shareholders exposure to numerous exploration projects and potential for discoveries at minimal cost.
Redstar owns exclusive rights to the AngloGold Ashanti’s extensive Nevada database. This database has given Redstar access to geological information not available to anyone else and provides a huge advantage to Redstar in the acquisition of projects in Nevada.
Scott Weekes, President, CEO & Director
Mr. Weekes brings over 25 years of experience in field-based mineral exploration and project management in Canada and internationally. Mr. Weekes has worked in numerous geological environments and been involved in project generation as well as advanced exploration and early development stage projects. Before joining the board of Redstar, Mr. Weekes was involved in the evaluation, generation and management of the Company's past and present properties in the Yukon and Ontario.
Douglas A. Fulcher, Director
Doug Fulcher brings over 30 years' experience in mining exploration. He has worked with numerous senior and junior mining companies domestically and at an international level, both publicly and privately. Doug is the President & CEO of Burnstone Venture Inc. He was the President & CEO of Abacus Mining and Exploration from 2003 until 2010 where he was instrumental in the development of the Afton-Ajax project.
Michael D. McInnis, Director
Mr. McInnis has over 30 years of experience in mineral exploration, in North America and overseas. He is Chairman and a Director of International Curator Resources Ltd., which he joined in 1981. He also has 15 years experience in running publicly traded companies. Mr. McInnis provides solid management expertise and has an impressive track record in acquiring high quality base and precious metal projects.
Raymond Mullaney, Director
Raymond Mullaney began his career in 1976 as an entrepreneur and started his first SEC registered investment advisory firm in 1980. He has over thirty years of experience in the financial services industry including research analysis, stock selection, trading, investment strategy development, and portfolio management.
Jeff Pontius, Director
Mr. Pontius has over 30 years of geological experience, and a distinguished track record of successful discoveries that includes four precious metal deposits in North America. Most recently, as President and CEO of International Tower Hill Mines, he led the team that discovered the Livengood Gold Deposit in Alaska which has a current resource of over 20 million ounces of gold and continues to expand. Additionally, he led the discovery and development team for the Cripple Creek Deposit in Colorado, which is operated by AngloGold Ashanti and contains over 15 million ounces of gold.
Jeannine P. M. Webb, CFO
Jeannine P. M. Webb, CGA, has over 20 years of experience in the mining resource sector and was a principal of Badger & Co. Management Corp. ("Badger & Co."), a private company providing a full range of financial, corporate and geological management services to junior public mineral exploration companies. During this time, Mrs. Webb served as CFO and Corporate Secretary for companies under management with Badger & Co. Since the disbandment of Badger & Co., Mrs. Webb has served as CFO for of various other private and junior "small cap" public companies.
Jacob Margolis, Exploration Manager - USA
Dr. Margolis has 25 years of experience in gold exploration and gold deposit research. He has held senior exploration positions with Homestake Mining Company and AngloGold-Ashanti and consulted for the junior sector. He has served as exploration manager at a major mining operation in Nevada and successfully developed and explored many grassroots projects in Nevada. His experience spans a broad spectrum of gold deposits, including Carlin-type sediment-hosted gold, volcanic-hosted epithermal gold-silver and porphyry copper-gold systems. Dr. Margolis is responsible for Redstar's Nevada project development and exploration programs.
Bob Singh, Exploration Manager, Canada
Bob is a professional geologist and Exploration Manager with extensive experience in the mineral exploration industry. Since graduating from the University of British Columbia in 1991, Bob has worked for both Junior and Major mining companies. Bob also started his own software company that developed new technologies for recording and analyzing geological data. Bob has a wide range of geological, data analysis, computer and project management skills. Recently Bob was involved in the discovery of high grade mineralization at Redstar's Newman Todd property.
Corporate Profile on Stockhouse