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Strategic Metals Ltd. Announces 2340 g/t Gold in a Rock Sample from Its Mount Hinton Property, Yukon
VANCOUVER, BC / ACCESSWIRE / August 21, 2019 / Strategic Metals Ltd. (TSXV:SMD) is pleased t...
About this update from Strategic Metals Ltd.
[{"type":"text","content":"Strategic Metals Ltd. Announces 2340 g/t Gold in a Rock Sample from Its Mount Hinton Property, YukonVANCOUVER, BC / ACCESSWIRE / August 21, 2019 / Strategic Metals Ltd. (TSXV:SMD) is pleased to announce partial results from the first two phases of the 2019 exploration program at its wholly owned Mount Hinton property, located in the southern portion of the Keno Hill District of central Yukon. The property covers an extensive system of high-grade gold- and silver-rich quartz veins and breccias, situated 4 to 15 km by road southeast of Alexco Resource Corp.’s mill at Keno City.The multi-phase 2019 program is designed to follow-up promising gold values obtained from soils and rocks collected in 2018 (see September 13, 2018 news release). Phase one expanded soil sample coverage and initiated prospecting within recently identified soil anomalies in the headwaters of a productive placer creek. Phase two involved geological mapping, more detailed prospecting, infill soil sampling and follow-up of rock samples collected during the first phase.Highlights from phase one rock sampling include:The discovery of a linear train of vein quartz and brecciated vein, extending 230 m northeasterly from a talus sample that assayed 2340 g/t gold and 597 g/t silver to an outcrop of altered and oxidized breccia grading 33.3 g/t gold and 654 g/t silver. The identification of a parallel train of vein quartz and breccia, located 150 m to the east, where float samples returned:6.11 g/t gold and 165 g/t silver;1.64 g/t gold and 363 g/t silver, and;2.03 g/t gold and 306 g/t silver. Rock samples from other parts of the main soil anomaly include 15.9 g/t gold with 9.6 g/t silver and 9.26 g/t gold with 1.59 g/t silver (see attached figure).Prospecting during phase one of the exploration program focused on a 3.5 km long by up to 1.5 km wide gold-in-soil anomaly located on the eastern side of Granite Creek, where little to no rock sampling had previously been done.During phase two of the program, the site of the multi-ounce gold sample was re-examined and visible gold was discovered within limonitic vein quartz float. Large blocks and finer talus of vein material mixed with oxidized brecciated vein quartz were also found in several, nearby linear structures. Sporadic outcrops of mineralized, breccia and vein quartz show that these structures strike northea...