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Golden Spike Resources Announces Successful Completion of 2024 Phase 1 Exploration Program at Gregory River
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ("Golden Spike" or the "Com
About this update from Golden Spike Resources Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) (\"Golden Spike\" or the \"Company\") is pleased to announce the successful completion of its 2024 Phase 1 exploration program at the 100%-owned Gregory River copper-gold property in western Newfoundland (\"the Property\"\"). This milestone marks a significant step forward in the Company's ongoing efforts to unlock the mineral potential of its flagship project. Exploration Program Highlights: Completion of IP/Resistivity Surveys: The Company has successfully completed Induced Polarization/Resistivity (\"IP\") surveys over the Steep Brook volcanogenic massive sulphide (\"VMS\") target and a portion of the Vein zone. Prospecting and Sampling: Prospecting and sampling were conducted across the Steep Brook VMS target and other key areas of the property. Initial results at Steep Brook are promising, with several high-priority targets identified for further investigation. In-Fill Soil Sampling: Additional soil samples were collected over crucial data gaps from the 2022 soil survey at the Vein Zone. Drill Target Generation: The processed data from the IP surveys, along with the prospecting, sampling and soil results, will be used to generate drill targets at the Steep Brook, Vein zone, and Lode 9 areas. The Company is on track to be drill-ready by early fall 2024. Golden Spike's President and CEO, Keith Anderson, commented: \"We are thrilled with the progress made during this initial phase of our 2024 exploration program. The successful completion of the IP surveys and our extensive on-the-ground efforts have provided us with valuable insights into the property's potential. We are now eagerly awaiting the exploration results and anticipating the next phase of exploration, where we expect to start drill testing some of the most promising targets we've identified. This marks a pivotal moment for Golden Spike as we move closer to unlocking the full potential of the Gregory River property.\" 2024 Phase 1 Exploration Program The Gregory River copper-gold property Phase 1 work program commenced on July 18 and continued until August 4, 2024 and included the Company's inaugural exploration efforts at the highly prospective Steep Brook VMS-target (Figure 1). The program is partially supported by a grant provided ...