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Stratabound options Quebec gold prospect
Stratabound options Quebec gold prospect
About this update from Lode Gold Resources Inc
[{"type":"text","content":"\n\n\n\n Sep. 7, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nSB: TSX Venture Exchange\nIssued: 62,075,111 shares\n\nCALGARY, Sept. 7 /CNW/ - Stratabound Minerals Corp. is pleased to announce that it has optioned a 16-claim (519 hectare) gold prospect in the Gemini Hills area of Berry Township, Québec, near the village of Saint-Gérard-de-Berry, about 90 kilometres north-northwest of Val-d'Or. The property is well located, with easy road access and readily available electricity, water and a skilled local labour pool experienced in all aspects of exploration and mining.\n\nHistoric Assays\n\nHistoric assays from two mineralized outcrops on the property, about 750 metres apart, discovered by local prospectors in 1945 and 1946, are recorded in Quebec Department of Mines (QDM) and Québec Ministère de l'Energie et des Ressources (QMER) files. Highlights include grab, channel and drillcore samples.\n\n\n >\n\n\nThese results are from exploration programs undertaken prior to the implementation of National Instrument 43-101 that neither the Company nor its Qualified Person can verify; however the Company believes they are both reliable and material.\nThere are numerous other gold occurrences within five kilometres of the Gemini Hills property. All known gold showings on the property and in the area occur in shears, dikes and quartz veins at or near the contact of a syenite stock that intrudes a belt of Archean-age volcanic and conglomeratic sedimentary rocks reminiscent of the Kirkland Lake, Ontario gold camp. The property covers a 4.5 kilometre portion of the favourable contact, adjacent to ground held by Agnico-Eagle.\nThe Gemini Hills claims have been explored sporadically by several individuals and companies since the 1945 prospecting discovery, with no work done since 1997. Previous exploration has consisted mostly of re-sampling the known showings, and magnetic and electromagnetic geophysical surveys. Limited drill...