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Stratabound Reports 10.51 g/t Au over 6.8m at Golden Culvert, Yukon Territory, Including 34.8 g/t Au over 1.8m
Highlights: All six holes reported intercept gold-mineralized quartz vein and breccia str...
About this update from Lode Gold Resources Inc
[{"type":"text","content":"Stratabound Reports 10.51 g/t Au over 6.8m at Golden Culvert, Yukon Territory, Including 34.8 g/t Au over 1.8mHighlights:All six holes reported intercept gold-mineralized quartz vein and breccia structures.Best intercept in hole GC20-16 yields 34.8 g/t Au over 1.8m quartz vein including 86.6 g/t Au over 0.6m down-hole. Total intercept (both vein and wall-rock halo) yields 10.51 g/t Au over 6.8m down-hole.Hole GC20-15 collars immediately into high-grade gold mineralization of 10.2 g/t Au over 0.7m at bedrock surface.Toronto, Ontario--(Newsfile Corp. - March 30, 2021) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) (\"Stratabound\" or the \"Company\") is pleased to report the final diamond drill results received from its 2020 drill program at its flagship Golden Culvert Project in the southeastern Yukon Territory. The six holes reported in this release (GC20-11 to GC20-16) are definition in-fill holes at approximately 50m intervals between previously wider-spaced drilling on approximate 200m sections. The location of the drill holes and assay results are presented below in Figure 1 and Table 1, respectively. All six holes intercepted gold-mineralized quartz vein and breccia structures yielding between 0.36 g/t Au over 12.1m in GC20-13 and 86.6 g/t Au over 0.6m in GC20-16 down-hole. Hole GC20-15 intercepted a high-grade interval of 10.2 g/t Au over 0.7m immediately in bedrock at 4.3m below the overburden surface. Mr. R. Kim Tyler, President and CEO of the Company commented, \"Though still at an early stage, these results continue to confirm multiple, parallel gold-bearing quartz vein and breccia structures constituted of higher-grade cores within lower-grade wall-rock halos. Results continue to yield significant gold values in all the known mineralized gold-bearing structures encountered to date. The abundance of high-grade surface samples collected in float-trains reported on November 17, 2020 that included 93 samples up to 320 g/t Au, averaging 13.27 g/t Au over 670m of strike across an 100m width, (Figure 1), overlie and are sourced proximal to this latest drilling area. We remain encouraged to definitively pin down that source. Our next objective is the compilation, interpretation and 3D modeling of all results to date to evaluate plunges, shoots or other criteria that may further control the higher-grade gold grade dist...