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Luckystrike Resources Mobilizes for 2019 Drill Program
VANCOUVER, British Columbia, May 13, 2019 (GLOBE NEWSWIRE) -- Luckystrike Resources Ltd. (LUKY.V) is pleased to announce mobilization in preparation for its 201
About this update from Golden Sky Minerals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, May 13, 2019 (GLOBE NEWSWIRE) -- Luckystrike Resources Ltd. (LUKY.V) is pleased to announce mobilization in preparation for its 2019 drill program including siting multiple drill collars on its 100%-owned Lucky Strike Property, located in the heart of the White Gold District, Yukon. The program will focus on expanding on discovery hole DDLS-18-06 which intersected 4.55 g/t Au over 7.6m within a newly discovered, unoxidized lower zone at Monte Carlo, that is comprised of a broad gold-sulphide rich unit. This drill hole was the only one to test the IP anomaly and confirms the lower zone directly corresponds to the large, subsurface, strong IP chargeability anomaly that is defined for 1.8 kilometres and remains open in all directions. Drilling is planned to test an 800-metre section of this buried, multi-line chargeability anomaly, providing very strong potential to quickly expand the scale and geometry of Monte Carlo gold zone both along strike and to depth. Luckystrike Highlights Diamond drill hole DDLS-18-06 intersected multiple gold-bearing zones at the Monte Carlo zone, returning 1.16 grams per tonne gold (g/t Au) over 8.3 meters in the upper zone and 4.55 g/t Au over 7.6m in a newly discovered lower zone comprised of a broad gold-sulphide rich unit (see November 13, 2018 news release). This drill hole confirms the lower zone directly corresponds to a large, subsurface, strong IP chargeability anomaly that is defined for 1.8 kilometres and remains open in all directions. The lower zone is considered highly significant, as drill hole DDLS-18-06 represents the only one to have targeted and confirmed the presence of a broad zone of high-grade gold mineralization within the IP anomaly. 2017 drilling in the upper oxidized zone returned 5.36 g/t Au over 22m (see November 20, 2017 news release). Trenching at Monte Carlo returned 0.94 g/t Au over 30m including 1.14 g/t Au over 24m The 2018 trenching has also significantly expanded the strike length of known gold mineralization along the Monte Carlo trend from 400m to 560m, and the zone remains open to the northwest and southeast. Soil sampling, rock grabs, and IP...