Business
Rice Lake Exploration Projects Update
Rice Lake Exploration Projects Update
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"\n\n\n\n Oct. 19, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n >\n\n\nCALGARY, Oct. 19 /CNW/ - StrikePoint Gold Inc. (SKP-TSXV and STKXF - OTCQX), ("the Company") is pleased to release 2010 exploration results to date from four of its exploration projects in Manitoba's Rice Lake gold belt. A summary of exploration progress on the Dufferin Mine project in Nova Scotia will be issued shortly.\n\nStrikePoint Joint Venture with San Gold Corporation\n\nAn initial orientation drill program of 12 diamond drill holes totalling 3,425 metres was completed at the Strike Point Property. In total, 1,130 samples, including 107 as QA/QC duplicate, standard and blank samples, were sent for gold fire assay and multi-element ICP-MS analysis to TSL Laboratories Inc, Saskatoon, SK. The Strike Point property is held 100% by StrikePoint Gold and is subject to an option agreement whereby San Gold Corporation can earn a 50% interest by performing exploration work (see StrikePoint Press Release January 15, 2010). The Strike Point claims are located immediately west of San Gold's Rice Lake Mine at Bissett, Manitoba.\nThe 2010 Strike Point Property diamond drilling focused on evaluating the potential of the Townsite and Round Lake volcanic sections to host northeast-trending 16-type shear vein structures, which host significant gold mineralization at the Rice Lake Mine. Drilling between 500 and 1,000 metres to the west along strike of San Gold's Cartwright Zone at the Rice Lake Mine (see San...