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Goldstake hits 31.47 ounces per ton Au over 0.6 ft. Extending to 0.95 ounces per ton Au over 28.7 ft.
Goldstake hits 31.47 ounces per ton Au over 0.6 ft. Extending to 0.95 ounces per ton Au over 28.7 ft..
About this update from Greenridge Exploration Inc
[{"type":"text","content":"\n\n\n\n\nTORONTO, April 21 /CNW/ - Goldstake Explorations Inc. - TSX Symbol: GXP -\nis pleased to report on its recent diamond drill program on the \"McGarry\",\nVirginiatown, Ontario, Canada project, which is owned by Transpacific\nResources Inc. Goldstake has the option to earn 75% of the property by\nspending $2.5 million before December 31, 2009. The 1600 ha. property is\nlocated 1 mile north of the Kerr-Addison Mine (one of Canada's biggest gold\nmines-approx. 11 million ounces produced).\n\nSignificant assay results include:\n\nSouth Zone\nHole No. 11 - 1078.97 gpt. Au over 0.19m. or 31.47 opt. Au over\n0.6 ft. extending to 33.29 gpt. Au over 8.76 m. or 0.97 opt. Au over\n28.7 ft. (from 93.92m. to 102.68m.)\nHole No. 10 - 127.02 gpt. Au over 0.79m. or 3.70 opt. Au over 2.6 ft.\nextending to 29.14 gpt. Au over 3.48m. or 0.85 opt. Au over 11.4 ft.\n(from 121.52m. to 125.00m.)\nHole No. 9 - 212.52 gpt. Au over 0.39m. or 6.2 opt. Au over 1.3 ft.\nextending to 28.66 gpt. Au over 3m. or 0.84 opt. Au over 9.8 ft. (from\n80.00m. to 83.00m.)\n\nInstant Pond (parallel to, and 170m. north of South Zone)\nHole No. 4 - 26.32 gpt. Au over 0.36m. or 0.76 opt. Au over 1.2 ft.\n(from 158.37m. to 158.73m.)\nHole No. 2 - 65.72 gpt. Au over 0.25m. or 1.92 opt. Au over 0.8 ft.\nextending to 9.9 gpt. Au over 1.69m. or 0.29 opt. Au over 5.5 ft.\n(from 65.63m. to 67.32m.)\n\nThe primary purpose of this diamond drilling program was to obtain\nadditional information on the strike and dip extensions of the two\nstructurally controlled gold mineralized zones.\nNine of the 11 holes were drilled into two gold zones. The drill-core\nsamples were logged and split. One of the split halves was submitted for gold\nanalysis by atomic absorption spectrometry and/or by fire assay technique to\nSwastika Laboratories, an accredited commercial laboratory, and the\ncorresponding other half was retained and stored on the Kerr Addison Mine\nproperty in Virginiatown.\nThe true width of these intersections are yet to be determined.\nOne hole was drilled into each of two circular magnetic anomalies\nsituated up-ice from diamonds, diamond-indicator minerals and kimberlite\nrecovered in basal till samples, to test for diamondiferous kimberlite. Both\nof these holes intersected magnetite-bearing syenite, which satisfactorily\nexplains the anomalous magnetics. The source ...