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StrikePoint Discovers New Veins and Extensions and Returns up to 3,840 g/t Silver at the past Producing High Grade Porter Silver Property
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2021) - StrikePoint Gold Inc. (TSXV...
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"StrikePoint Discovers New Veins and Extensions and Returns up to 3,840 g/t Silver at the past Producing High Grade Porter Silver PropertyVancouver, British Columbia--(Newsfile Corp. - January 21, 2021) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) (\"StrikePoint\" or the \"Company\") is pleased to announce highly encouraging surface sampling results from the 2020 Exploration Program at the 100%-owned Porter silver property, located next to the community of Stewart in British Columbia's prolific Golden Triangle. 2020 Porter SamplingExperienced geologists completed detailed 1:2,500 scale mapping and sampling in areas of steep terrain and extensive ice recession, adjacent the historic Silverado mine on the west side of the Property, and at the Prosperity-Porter Idaho Mines located on the east side. There are no records of mapping or sampling of veins in these newly sampled areas. This surface exploration program uncovered massive to semi-massive pyrite-galena-sphalerite-chalcopyrite polymetallic veins in shear zone at the Prosperity-Porter Idaho and Silverado area. Assay results of this sampling range from trace to 3,840 g/t Ag, trace to 12.45% Pb, and trace to 5.56 % Zn. A total of 19% of the samples assayed over 20 g/t Ag. Significantly, at the Silverado Mine, extensions to the #2 and #4 veins that were historically developed in the 1920s were discovered, returning 1,170 g/t Ag and 1,385 g/t Ag respectively, in addition to base metal values. New mineralized structures at Prosperity & Porter Idaho were also identified.The company received assay results from 80 grab samples collected during 2020 at the Porter project. Surface sampling and mapping during this program were completed at the Prosperity-Porter Idaho and Silverado. StrikePoint's CEO, Shawn Khunkhun, states, \"Our exploration work on the Porter Property continues to progress, connecting the historic high-grade, direct shipping past producing mines at Prosperity/Porter Idaho on the east side of Mount Rainey with the Silverado Mines on the west side, located over two kilometers away. We are clearly looking at a high-grade silver vein system located within view of the mining town of Stewart, BC. With a strong treasury, we look forward to an aggressive drill program in 2021 with the objective of connecting these two famous operations. Additionally, results from our 2...