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Queens Project

System type: Volcanic-hosted, Low-sulfidation Epithermal Au-Ag
Target: Stockwork vein and disseminated gold

The Queens project is 8 miles southeast of the world-class Round Mountain gold mine (>13 Moz production and reserves; Kinross Gold Corp, Barrick Gold Corp) and 5 miles northeast of the Manhattan gold district.  Like Round Mountain, Queens contains a disseminated gold system hosted in caldera-related volcanic rocks (ash-flow tuff).  Preliminary sampling by Redstar has returned outcrop gold values to 0.587 ppm. Historic surface sampling during the early 1990’s returned values to 1.95 ppm gold in outcrop and 6.98 ppm gold in soil sampling.  Shallow (200 to 500 feet) reverse-circulation drilling of sixteen holes in the early 1990’s returned significant gold intersections (Table 1).  Hole 91-2 yielded 0.023 opt Au (0.793 ppm) over 75 feet (220-295 ft), including  0.034 opt (1.18 ppm) over 30 feet.  Hole 91-5 returned 0.013 opt (0.462 ppm) over 55 feet (105-160 ft) and 0.015 opt (0.530 ppm) over 45 (220-265 ft).  Local higher grades are present, reaching 0.198 opt (6.8 ppm) over five feet.  Mineralization is known over a strike length of at least 1,500 feet and a plan width of up to 400 feet.  Queens lies within a volcanic sequence which is part of the 25 million year-old (Ma) Manhattan caldera, part of a complex of calderas which erupted between about 24 and 26 Ma and includes the caldera hosting the Round Mountain deposit.  

Table 1.  Queens Historic Drillhole Assays*

Hole Length ft ppb Au Opt Au From ft To ft
91-1 5 540 0.016 35 40
5 260 0.008 70 75
5 660 0.019 85 90
10 325 0.009 165 175
5 260 0.008 185 190

91-2

including

20 429 0.013 10 35
15 640 0.019 75 90
5 3840 0.112 110 115
5 280 0.008 175 180
75 793 0.023 220 295
30 1180 0.034 245 275
10 670 0.020 310 320
5 330 0.010 390 395

91-3

including

15 767 0.022 0 15
15 693 0.020 75 90
15 2891 0.084 110 125
5 6800 0.198 120 125
5 260 0.008 170 175
5 280 0.008 195 200

91-5

including

25 672 0.020 10 35
5 540 0.016 65 70
5 520 0.015 90 95
55 462 0.013 105 160
10 3250 0.095 165 175
5 6240 0.182 165 170
45 530 0.015 220 265
5 300 0.009 285 290
15 350 0.010 310 325
10 320 0.009 340 350
10 255 0.007 330 370

91-6

including

30 1253 0.037 0 30
5 5860 0.171 0 5
5 280 0.008 170 175

BMW-3

5 347 0.010 70 75
5 482 0.014 185 190
30 458

0.013

260  290 
5 399 0.012 410  415 
5 393 0.011 440  445 
5 367  0.011 480 485 
 BMW-4 5 384 0.011  210 215
  BMW-9 10  670 0.020  295  305
5 339 0.010 315 320

* Composites calculated at 250 ppb gold cutoff (0.25 g/t) and no more than 5 feet of internal waste.

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Location of the Queens Project showing productive gold deposits in black

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