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Strategic Metals Announces 2019 Drill Results, Including 3.88 g/t Gold Over 1.61 Metres at Hartless Joe, Yukon
VANCOUVER, BC / ACCESSWIRE / January 16, 2020 / Strategic Metals Ltd. ("Strategic" or the "C...
About this update from Strategic Metals Ltd.
[{"type":"text","content":"Strategic Metals Announces 2019 Drill Results, Including 3.88 g/t Gold Over 1.61 Metres at Hartless Joe, YukonVANCOUVER, BC / ACCESSWIRE / January 16, 2020 / Strategic Metals Ltd. (\"Strategic\" or the \"Company\") (TSXV:SMD) is pleased to provide drill results from three of the Company's wholly-owned, early-stage exploration projects: Hartless Joe, Sixty Mile and Meloy. The 2019 diamond drilling, totaling 2,744 m, was mainly designed to evaluate overburden-covered targets where surface exploration had produced encouraging results.Hartless JoeThe Hartless Joe property is located in southern Yukon, 22 km east of Whitehorse, and covers a 6.5 km by 3.5 km belt of high-grade gold±silver showings. Drilling in 2019 followed-up on recent discoveries at the Grumpy and Gusano showings, situated in the southern part of the belt, where rock samples collected within a broad field of mineralized talus yielded numerous values ranging from 5.3 to 251 g/t gold and 28.6 to 5010 g/t silver. Both showings are hosted within a package of structurally dismembered volcanic and volcaniclastic rock that is highly prospective for epithermal-type precious metal deposits (Figure 1). At least two styles of mineralization are present: one associated with steeply-dipping faults and the other hosted in siliceous zones developed alongside narrow sills and dykes.The 2019 drilling at Hartless Joe tested down-dip of a silicified zone, identified in a 2018 trench at the Gusano showing, and along an important, north-south trending fault, which links the two showings and appears to be a locus of mineralization. This work successfully intersected gold in the silicified zone, and in quartz veins within the fault structure, along an 800 m strike length. The most significant drill results are: 2.68 g/t gold over 1.7 m, including 5.80 g/t gold over 0.61 m from the silicified zone; and 1.86 g/t gold over 4.78 m, including 3.88 g/t gold over 1.61 m, from the fault zone. Highlights from the diamond drilling are tabulated below.Drill HoleFrom (m)To (m)Interval (m)*Gold (g/t)HJ-19-0328.4530.151.702.68including28.4529.060.615.80and103.88104.550.670.85 HJ-19-0438.8540.051.200.76and163.52168.304.781.86including164.39166.001.613.88* True widths of drill intercepts are estimated to be 70% to 100% of interval thickness.Sixty MileThe Sixty Mile property is located within the sec...