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Strategic Metals Ltd. Drills 6.74 g/t Gold and 186 g/t Silver Over 7.25 metres at Mt. Hinton, Yukon
VANCOUVER, BC / ACCESSWIRE / January 13, 2021 / Strategic Metals Ltd. (TSXV:SMD) ("Strat...
About this update from Strategic Metals Ltd.
[{"type":"text","content":"Strategic Metals Ltd. Drills 6.74 g/t Gold and 186 g/t Silver Over 7.25 metres at Mt. Hinton, YukonVANCOUVER, BC / ACCESSWIRE / January 13, 2021 / Strategic Metals Ltd. (TSXV:SMD) (\"Strategic\" or \"the Company\") is pleased to announce the remaining results from the 2020 diamond drill program at its wholly-owned Mt. Hinton gold/silver project. Mt. Hinton is a road accessible project located in the Keno Hill District of the Tintina Gold Belt, in central Yukon. The property lies immediately southeast of silver/lead mines on Alexco Resources' Keno Hill property, which have recently resumed production, and 35 km southeast of Victoria Gold's Eagle Mine, which was successfully commissioned in June, 2020.The 2020 program at Mt. Hinton included surface work and 6,978 m of HQ diameter, diamond drilling in a total of 32 holes, with 24 holes in the Granite North Zone, five holes in the Southwest Zone and three holes in the Northern Structural Corridor (see Figure 1 attached).Highlights from the drill program include:4.78 g/t gold over 12.14 m including 42.7 g/t gold over 0.96 m, in hole MH-20-022 (Southwest Zone);3.86 g/t gold and 182 g/t silver over 9.75 m, in hole MH-20-018 (Southwest Zone);6.74 g/t gold and 186 g/t silver over 7.25 m, including 1.77 m grading 22.7 g/t gold and 514 g/t silver, in hole MH-20-019 (Granite North Zone);17.00 g/t gold over 1.56 m, in hole MH-20-032 (Granite North Zone); and,9.57 g/t gold over 1.47 m, including 0.52 m grading 25.8 g/t gold, in hole MH-20-023 (Granite North Zone).\"Results from the Company's maiden drill program at Mt. Hinton have successfully confirmed the presence of a large, well mineralized, precious metal system consisting of numerous quartz veins containing coarse gold.\" stated Doug Eaton, President of Strategic. \"The recessive weathering nature of the veins, the complex structural setting and the irregular distribution of the gold have presented challenges, but additional drilling is definitely warranted to expand the areas of drill-confirmed mineralization and evaluate other promising targets elsewhere on this camp-scale project.\"The 2020 drill program tested parts of three zones within a 6 by 4.5 km area of known mineralization and gold-rich soil geochemistry (see Figure 2 attached). The targets in all three zones were vein complexes cutting a west dipping stratigraphic section co...