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New Discovery: Stratabound Confirms Reduced Intrusion-Related Gold System (RIRGS) up to 8.53 g/t Gold, Southern Tombstone Belt, Yukon Territory
Toronto, Ontario--(Newsfile Corp. - December 13, 2023) - Stratabound Minerals Corp. (TSXV: SB) (...
About this update from Lode Gold Resources Inc
[{"type":"text","content":"New Discovery: Stratabound Confirms Reduced Intrusion-Related Gold System (RIRGS) up to 8.53 g/t Gold, Southern Tombstone Belt, Yukon TerritoryToronto, Ontario--(Newsfile Corp. - December 13, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) (\"Stratabound\" or the \"Company\") is pleased to announce it has confirmed a new Reduced Intrusion-Related Gold System (\"RIRGS\") discovery on its Win Gold Project in the southern Tombstone Gold Belt, Yukon Territory. The Win Gold project is located 11-km south of our other Golden Culvert Tombstone Gold Belt project.Highlights include:Outcrop of sheeted gold-bearing quartz veins discovered in hornfels altered contact aureole between two mineralized quartz monzonite intrusives (Figures 2-4)Distinctive assemblage and zonation patterns in surface rock geochemistry:Boundary (Outer) Discovery Zone: Ag-Bi-Pb-Te-As-Sb-Co-Au:Gold values up to 8.53 g/t Silver values up to 155 g/tBismuth values up to 516 ppm Lead values up to 1.6%Tellurium values up to 2.6 ppmCobalt values up to 0.49 ppm Inner Zone B: Au-As-Te- Bi:Gold values up to 0.72 g/t AuBismuth values up to 98.6 ppmTellurium values up to 2.5 ppmInterpreted to be a ~3-km wide carapace overlying the unroofed link between both the adjacent Hyland and Boundary IntrusivesAll surrounded by a larger 8-km ring of molybdenum-tungsten-indium assemblageExposed gold-bearing quartz veins have a periodicity of 1-10 per metre (Figures 4-6)Excellent infrastructure, located within 5-km of all-season highway and 12.8 km south of Cantung Mine, a skarn-type tungsten deposit consistent with RIRGS regional systems Site of a modern-day exploration gold rush with heightened staking and acquisition activities by Snowline Gold, Rackla Metals and Seabridge Gold adjacent to Stratabound properties Stratabound is located at the centre of a new 12km x 55km orogenic RIRGS district in the overlooked Southern Tombstone Belt. This Tombstone Belt is the host of world class discoveries and deposits such as Snowline's Rogue, Rackla's Rak, Victoria Gold's Eagle, Banyan's AurMac, and Fort Knox. Win's vertically dipping sheeted quartz vein array trends directly onto Stratabound's Golden Culvert Main Discovery Zone, (see previous Dec. 7, 2023 press release) - and may be genetically relatedFollow-up work includes surface channel sampling and detailed mapping of the new disc...