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Lode Gold (Formerly Stratabound) McIntyre Brook Property, New Brunswick: Confirms Gold Endowment Potential Within Its 17km Strike of the >20-Million-Ounce Appalachian Gold Corridor
HIGHLIGHTS Lode Gold McIntyre Brook Property lies within the "Appalachian Gold Corridor" (AGC...
About this update from Lode Gold Resources Inc
[{"type":"text","content":"Lode Gold (Formerly Stratabound) McIntyre Brook Property, New Brunswick: Confirms Gold Endowment Potential Within Its 17km Strike of the >20-Million-Ounce Appalachian Gold CorridorHIGHLIGHTSLode Gold McIntyre Brook Property lies within the \"Appalachian Gold Corridor\" (AGC) which contains greater than 20M ounces of Au and countingThe AGC contains deposits like New Found Gold's Queensway Project, Calibre's Valentine Lake Project (under construction), St. Barbara's Touquoy Mine, Galway's Clarence Stream deposit and OceanaGold's Haile Gold MineLode Gold's McIntrye Brook project occupies 17km strike within the prospective Dunnage Gander Terrane, and is located 80 km west of Bathurst, New BrunswickThis geology is shared with our neighbour Puma Exploration who have had highly encouraging drill hole intercepts up to 50m @ 5.55 g/t Au at their Lynx deposit, a rapidly advancing new discovery, adjacent to our property An information circular published by the Department of Natural Resources focused on the McIntyre Brook, highlights two highly prospective bands traversing the property thought to be the most prospective for gold; the bands are centered on the McIntyre Brook and Rocky Mill fault systems Previous historic work and drilling by Lode Gold in 2019 confirmed that these zones are gold mineralized and extend over several kilometresExcellent infrastructure with access to year-round road infrastructure including Highway 180, ports, airports, mining facilities and a skilled workforceLode Gold to continue and enhance this work as it plans the upcoming exploration season, which will culminate in drilling Toronto, Ontario--(Newsfile Corp. - January 31, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) (\"Lode Gold\" or the \"Company\" and formerly Stratabound Minerals) provides an update on its McIntyre Gold project in the under-explored, world-class \"Appalachian Gold Corridor\" (\"AGC\"). The AGC contains over 20 M ounces of gold resources stretching along a band that parallels the Iapetus Suture, a geological structure that represents the closure of the Iapetus Ocean in the Silurian epoch (420 Ma). This >4,000-km long structure that stretches from South Carolina, through New Brunswick, Nova Scotia and Newfoundland, also continues across the Atlantic through Ireland, Scotland, and Norway. Figure 1 and Table 1 list some of t...