Last C$0.05 CAD
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Volume 626.5K
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As of 3:15 PM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

redstar gold corp (RGC) Snapshot

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10/24/13 - C$0.10
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02/3/14 - C$0.04
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redstar gold corp (RGC) Details

Redstar Gold Corp., a junior exploration company, acquires, explores, and develops gold mineral properties in North America. It has mineral properties in Alaska and Nevada, as well as in the Red Lake region of northwestern Ontario, Canada. The company was founded in 1983 and is based in Vancouver, Canada.

Founded in 1983

redstar gold corp (RGC) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$42.0K
Compensation as of Fiscal Year 2013.

redstar gold corp (RGC) Key Developments

Redstar Gold Corp. Announces Management Changes

Redstar Gold Corp. announced several new appointments to the management team as the company continues to restructure and focus its efforts on the high grade Unga Gold Project in southwestern Alaska. The company announced that Mr. Toby Mayo is joining the company as President &CEO with immediate effect. He will also join the company board. Mr. Mayo was most recently President of Kaizen Discovery Inc., formerly Concordia Resource Corp. Mr. Jesse Grady is joining the Company as Vice President of Exploration. Mr. Grady has previously held positions as an exploration geologist, project manager, and geological consultant for various exploration companies through feasibility stage projects within Alaska and Nevada. Mr. Paul Durham is joining the Company as Manager, Investor Relations. Mr. Durham was most recently VP, Corporate Relations, with International Minerals Corp. Mr. Mayo will replace Ken Booth who has been Interim President and CEO since late March 2014. Mr. Booth will remain a director of the Company.

Redstar Gold Corp. Announces Exploration Update at Redstar's High Grade Unga Gold Project

Redstar Gold Corp. announced progress on the exploration program at the high-grade Unga Gold Project located in southwest Alaska. The surface program is expected to last two months and will consist of extensive select, continuous-chip and gridded rock sampling along with detailed geological mapping of two of the Project's mineralized structural trends, Shumigan and Apollo. The overall objective of the 2014 surface program will be to delineate diamond drilling targets with the potential to host high-grade underground mineable gold bearing structures. An exploration crew of five has been on site since late July and has re-established the camp which is now fully functioning. The camp is supported from the town of Sand Point on nearby Popof Island where supplies are delivered using local boats. The 2014 surface program will initially focus efforts along the Apollo Trend, which has yielded the only past producing mines within the project area (e.g. Apollo &Sitka). The program will initially focus on rock sampling of numerous existing mineralized trenches and open stopes followed by grid and select rock sampling along strike of defined mineralized structures. A second program will target concealed targets along the Shumigan Trend. The exploration crew will utilize grid and select sampling to target high-grade vein systems at the Aquila Prospect area, which has yielded numerous high-grade hand samples and drill intercepts that have never been followed up upon. Additional prospects along the Shumigan Trend with be assessed at the tail end of the summer program.

Redstar Gold Corp. Initiates Field Program at Unga Project in Southwestern Alaska

Redstar Gold Corp. announced the initiation of the field program at its Unga Project in Southwestern Alaska. The phase-1 field program is designed to complete detailed field mapping and sampling of high-grade gold-silver vein systems in preparation for diamond drilling. The field program will examine the highest-priority targets, such as the Shumagin Vein, where historic shallow drilling in the 1980's intersected significant high-grade mineralization which was confirmed by company's 2011 drill program. The vein remains open at depth and along strike. Other high-priority targets include the Apollo-Sitka and Aquila vein systems. Veins will be mapped in detail and sampled with a focus on extending known mineralization along strike, determining the distribution of mineralization within vein systems and assessing the geologic structural controls to mineralization.


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