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StrikePoint's Surface Drilling Program at the North Zon

Mining News - Published on Mon, 14 Oct 2019

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StrikePoint Gold Inc announced drill results from its surface drilling program at the North Zone at their 100% owned Willoughby property, located east of Stewart in British Columbia's prolific Golden Triangle. Results were received from additional four holes from the North Zone, with assays for another six holes currently pending from the North and Wilby Zones. Additionally, assay results are still pending from a Property-wide prospecting and channel sampling. Assays from the first two drill holes from the 2019 Program were previously announced. Shawn Khunkhun CEO of StrikePoint said that this large step-out from historic high-grade intercepts has significantly expanded the extent of gold-silver mineralization at our Willoughby Property, and may represent a new mineralized zone. We eagerly anticipate additional results over the next few weeks from our 2019 drilling and surface exploration program

North Zone Drilling
Drill hole W19-094, tested a new area of exposed mineralization that was covered with glacial ice during exploration programs in the mid 1990 s. A high-grade interval of 102 g/t Gold and 356 g/t Silver over 1.0 Meters within 26.28 g/t Au and 95.00 g/t Ag over 4.0 meters. It is located northeast of the North zone, observed during the 2019 field mapping and drone survey program. This potentially new mineralized structure has a similar orientation as the North zone, located over 100 meters to the southwest. The high-grade mineralization occurs within a massive galena-pyrite-sphalerite-chalcopyrite vein with visible gold. Final assays are currently pending for holes W19-093,95 and 97 oriented to the east and west respectively from the same drill setup.
The mineralized trend of the North Zone consists of north to northeast striking, moderately south dipping pyrite-sphalerite-galena veins intersecting with north striking shallowly east dipping fault zones with milled pyrite within an early-Jurassic biotite-phyric diorite thought to be part of the ’Goldslide Suite’ intrusive suite that hosts the adjacent Red Mountain Deposit. The intersection of these two structures may localise high-grade gold mineralisation.

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Posted By : Rabi Wangkhem on Mon, 14 Oct 2019
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