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Strikepoint Gold Inc. Achieves up to 98.7% Gold Recoveries and 89% Copper Recoveries from Initial Metallurgical Studies on the Pluto Property, Yukon Territory
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2018) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) is pleased to report results from an initial me
About this update from Strikepoint Gold Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 10, 2018) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) is pleased to report results from an initial metallurgical study completed on drill samples collected on the Pluto Property during the 2017 drilling campaign. Highlights: The combination of gravity, flotation and leach tests resulted in significant gold recoveries of 89.6% to 98.7%. Copper from the same composites was recovered at 87.4% to 89% in the flotation stage. Results Summary The overall testing produced good gold and copper recoveries for all three composites. These are summarized below: Comp Drill Hole Interval Gravity Recovery (Au) Flotation Recovery (Au) Cyanide Leach Recovery (Au) TOTAL RECOVERY (Au) TOTAL RECOVERY (Cu) 1 17-CRN-02 15.24m at 1.05g/t Au and 0.27% Cu 21.8% 46.5% 21.2% 89.5% 88.0% 2 17-CRN-07 32.0m at 0.14% Cu 49.2% 39.5% 10.0% 98.7% 87.4% 3 17-CRN-08 7.62m at 0.24% Cu 38.4% 45.6% 13.7% 97.7% 89.0% This study was commissioned as part of an ongoing assessment of the Yukon property portfolio. This pre-scoping level process benchmarking was developed in a partnership between Strikepoint and SGS, with the intention to assess recovery potential ahead of additional exploration expenditures. As this was completed from 'first pass' drilling results, it has given Strikepoint the confidence in the Pluto property to pursue future exploration and to seek additional and elevated grade. All analytical work was completed by SGS at its facility in Burnaby, Vancouver. About the 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 very poor. 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 interplay between a series of interbedded limestone and schist beds interacting with volcanic dykes and quartz-stockwork veins, whilst Cerberus appears to be more vein hosted gold and silver in nature. The Charon Target is an area app...