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Stratabound Reports 10.31 g/t Gold over 1.6m with Visible Gold at Golden Culvert, Yukon Territory
First Results Received from 2020 Drilling Program Highlights: GC20-01, first of 17 holes d...
About this update from Lode Gold Resources Inc
[{"type":"text","content":"Stratabound Reports 10.31 g/t Gold over 1.6m with Visible Gold at Golden Culvert, Yukon TerritoryFirst Results Received from 2020 Drilling ProgramHighlights:GC20-01, first of 17 holes drilled in 2020, intercepted:10.31 g/t Au across 1.6m of the Main Vein between 101.5 to 103.1m down the hole, (~90m from surface), containing four specks of visible gold and includes 21.70 g/t gold over 0.5m,Within a broader zone of lower-grade mineralized wall-rock yielding 2.47 g/t gold over 7.5m overall and,A second near-surface zone yielding 0.64 g/t Au over 18.0m of mineralized wall-rock between 21.0 to 39.0m down the hole including the higher-grade West Vein yielding 1.24 g/t Au across 4.2m.Toronto, Ontario--(Newsfile Corp. - January 12, 2021) -  Stratabound Minerals Corp. (TSXV: SB) (OTC Pink: SBMIF) (\"Stratabound\" or the \"Company\") reports first assay results received from its Phase 2 diamond drilling program concluded late last fall at its flagship Golden Culvert Project in the southeastern Yukon Territory. Drill hole GC20-01 intercepted 10.31 g/t gold over 1.6 metres between 101.5 to 103.1m down the hole at approximately 90 metres below surface. GC20-01 is a 75-metre step-out to the north of the previously northernmost drill hole GC18-06 which intercepted 1.14 g/t gold over 7.5m including 3.86 g/t gold across 1.5m of the Main Vein and 6.02 g/t gold over 4.5m including visible gold across the West Vein. It is also located approximately 45m north of surface trench TR1801 which yielded 1.49 g/t gold over 10.0m including 6.11 g/t gold across 1.5m of the Main Vein and 60m north of surface trench TR1902 which yielded 3.63 g/t gold over 9.0m including 19.15 g/t gold also across the Main Vein. As has occurred in every other mineralized intercept encountered, the high-grade quartz and breccia structures intercepted in GC20-01 are flanked by lower grade gold-mineralized wall-rock averaging 2.47 g/t gold over 7.5m inclusive across the Main Vein and 0.64 g/t gold over 18.0m inclusive across the West Vein structures (see Figure 1).Mr. R. Kim Tyler, President and CEO of the Company commented, \"The results of this first hole are consistent with past drilling and trenching results we have received to date and we are pleased to finally be able to report on them. It is an irony that the successful return of market interest and funding into the ju...