Heliostar is a Vancouver based junior exploration company focused on high-grade gold exploration in North America:
The Company is exploring the district-scale high-grade 100% owned Unga Gold Project in the Aleutian Islands, Alaska. The Project contains numerous gold & silver vein systems including the Shumigan Trend and the Apollo-Sitka Trend, the latter of which hosted Akaska’s first gold mine (the Apollo-Sitka mine, 1886-1922).
In 2014, the Company implemented a comprehensive surface exploration program and used the results to complete an eight hole, 1500m diamond drill program in 2015. Assay results from sampled core yielded high grade gold + silver intervals including 1.9m @ 202g/t Au and 2m @ 35g/t Au establishing the continuity of the Shumagin Trend at depth and Xkm along strike.
During 2016-2017, Heliostar completed 32 drill holes on the Shumagin Trend totaling 6,500m and extending 1,500m along strike. The program was was successful in proving down-dip and along-strike extensions of the high-grade vein - breccia mineralization on the Shumagin Trend.
Heliostar Gold controls two board seats and approximately 18% of NV Gold Corporation which focused on maximizing shareholder value through acquiring and developing advanced gold projects. (TSXV: NVX).
Heliostar Gold Corp retains a 30% interest in the Newman-Todd Gold Project located in the Red Lake Mining District of Northern Ontario, forming a joint venture with Confederation Minerals (TSCV: CFM) to carry out further exploration and development.
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