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StrikePoint Gold Discovers New Regional-Scale Structural Corridor at PDM Property
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 14, 2017) - StrikePoint Gold Inc. (TSX VENTURE:SKP)(OTCQB:STKXF) is pleased to provide surface results from its
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 14, 2017) - StrikePoint Gold Inc. (TSX VENTURE:SKP)(OTCQB:STKXF) is pleased to provide surface results from its PDM Property in the Yukon Territory, and its implications in a new regional-scale structural trend that links the PDM, Golden-Oly and Nordic properties. Highlights Surface grab samples at PDM returned grades of up to 9.8g/t gold, 2.8% copper and 245g/t silver. Samples collected from area of sheeted veins within intrusive material with visible copper mineralization, including native copper. Sheeted veins observed occurring throughout an area of 350m by 350m, with a maximum density of 30 veins over a 10m natural exposure Geological observations at PDM tie in to an overall structural trend that stretches for 78km and incorporates the Golden-Oly and Nordic properties, termed the \"Seven Wonders Trend\". New model will help focus future targeting within a large project area. Strikepoint Gold was active on the project between August 11th and August 19th 2017. Extensive mapping and surface sampling focused in the center of the property around the Spearhead showing, identified by the Yukon Geological Survey. A total of 159 grab samples were collected from the area, mainly from obviously mineralized zones, but also from further out to gather additional geochemical data. The mineralogy observed in the field was primarily copper-based, including chalcopyrite, malachite, bornite, chrysocolla and native copper, along with other sulphides such as pyrite, arsenopyrite and pyrhottite. These mineralized samples returned from trace to 2.8% copper (with 15% of all surface samples collected returning greater than 0.2% copper), and from trace to 9.8g/t gold (with 10% of all surface samples returning greater than 0.5g/t gold). Silver was also found in samples, ranging from trace to 245g/t, with 13% of all samples returning grades more than 20g/t silver). Geologists on site focused on an area of sheeted veins within a granodioritic stock that had densities up to 30 veins over a 10m exposure oriented between 50 to 60 degrees. The veins ranged from the millimeter to centimeter thickness and contained a variety of sulphides with quartz. The intrusive host rock also contains additional sulphide mineralization although at a lower rate of occurrence than within the veins. The PDM property has had a ...