Business
StrikePoint Gold Drills 15.24 Metres of 1.05 g/t Gold at Pluto Project
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 23, 2017) - StrikePoint Gold Inc. (TSX VENTURE:SKP) (OTCQB:STKXF) is pleased to provide drill results and an ex
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 23, 2017) - StrikePoint Gold Inc. (TSX VENTURE:SKP) (OTCQB:STKXF) is pleased to provide drill results and an exploration update from activities on its Pluto property, Yukon Territory. Highlights 15.24m at 1.05g/t gold from a Charon Zone drill hole 17-CRN-02 at Charon Zone. 32.0m at 0.14% copper in hole 17-CRN-07. In hole 17-CRN-01, intersected 6.10m at 0.74g/t gold with 1.67% copper. Drilling in 6km southwest of Charon in the Hydra Zone returned 10.67m at 0.4g/t gold with similar geological setting to Charon. Mineralization is hosted in limestone layers which are altered by skarn and marble. Host limestone beds exist as multiple layers in the sediment package and extend for at least 6km by 3km area. StrikePoint Gold was active on the project between July 8th and September 5th, 2017. Extensive mapping of the northeastern portion of the property was completed, and a total of 117 grab samples were collected from the area. Twelve RAB drill holes were completed by GroundTruth Exploration during that time, with eight on the Charon target and four on the Hydra target, to a total of 1,294m. Surface results from 2017 were released by StrikePoint in August, and highlighted assays of 48.4g/t and 36.3g/t gold from within the Charon Zone, along with copper up to 1.23% (news release dated August 22, 2017). Shawn Khunkhun (CEO, StrikePoint) comments \"The discovery through drilling of copper and gold mineralization occurring at Pluto is an exciting development. Despite a lack of outcrop the technical team lead by our VP Ex, Andy Randell were able to take a significant step on Pluto, taking the property from a high grade soil anomaly, proving the mineralizing is present below the surface.\" Pluto Property The Pluto Property is in the Kluane region of the Yukon Territory, and covers an area of 21km x 22km, and is 100km southwest of the town of Carmacks. The ground is mainly rolling hills with deep river valleys, but outcrop exposure is limited. The aim of the 2017 program was to follow up on the soil anomalies identified in 2012 by Ryan Gold Corp., and to provide a subsurface context to the geology through RAB drilling. Five main target areas have been identified on the property to date: Charon, Styx, Nyx, Hydra and Cerberus. The first four appear to have mineralization associated with the interpl...