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StrikePoint Announces Preliminary Prospecting at the Big Nunatak Returns 427 Grams per Tonne Silver and 0.7% Copper; Establishes a 10-Kilometer-Long Mineral Trend
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2018) - StrikePoint Gold Inc. (TSXV...
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"StrikePoint Announces Preliminary Prospecting at the Big Nunatak Returns 427 Grams per Tonne Silver and 0.7% Copper; Establishes a 10-Kilometer-Long Mineral TrendVancouver, British Columbia--(Newsfile Corp. - November 7, 2018) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) is pleased to announce results from initial prospecting at the \"Big Nunatak\" on the Porter Project near Stewart, British Columbia.New 'On Trend' DiscoveryA total of thirteen samples were collected on the Nunatak during initial prospecting in September. Samples were collected from quartz veins, sulphide-rich Jurassic-aged mudstones and contact zones with intrusive material from the Goldslide / Hillside Suite. Highlighted assays are shown in the table below.Sample IDAg (g/t)Cu (%)DescriptionX956853427TraceMudstone / siltstone with blebs of pyrite, found close boundary with intrusive dyke.X9565981090.78Tuffaceous mudstone with blebs of pyrite and malachite, proximal to intrusive dyke.X956854199TraceTuffaceous mudstone with semi-massive, fine grained pyrite blebs proximal to intrusive dyke. This new sampling from Big Nunatak supports the establishment of a ten-kilometer-long mineralized trend running through the historic Silverado and Porter mines to the newly acquired Big claim block.This first batch of samples ranged from trace to 427 grams per ton silver and covered an area of 150 meters by 120m. An additional 45 samples were collected from a wider area. Results are pending.10 km Mineral TrendTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/5044/40901_strikepoint1enhanced.jpgSimilarities to Other Local MinesThe geology of the Big Nunatak is strikingly like that found at the Red Mountain Mine (IDM Mining) which is approximately six kilometers to the northeast. The host rocks are Jurassic-aged sedimentary / volcaniclastic units from the Hazelton Group intruded by early Jurassic intrusions of the Hillside and Goldslide Porphyries. The main ore zones at Red Mountain are found in the core of the Bitter Creek Anticline as sulphide-rich stockwork vein systems, primarily pyrite. StrikePoint's recent sampling and these initial results contribute to the understanding and potential of the Big Nunatak and the extensive mineralized trend within the Company's thirty square kilometer property package. Property Acquisit...