Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR – OTCQX:HSTXF) joins us to provide an overview on the exploration and work plans for this year primarily focused at the Unga Project in Alaska.
We start by recapping the Private Placement (PP) announced on June 23rd for up to $3million. The warrant aspect of the PP has some different terms so we have Charles explain the moving parts.
We then discuss the work plans for the rest of this year. The focus will be at the Unga Project with drilling at the Centennial Area. This area has not been drilled since the 90’s. the Company is also building out some infrastructure that will give the Company access to the Project all year and will lower drilling costs by eliminating the need for a helicopter.
If you have any follow up questions for Charles please email us at Fleck@kereport.com and Shad@kereport.com.
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