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Strikepoint Gold Inc. Announces Commencment of Drillling Program at the North Zone for the High-grade Willoughby Gold Property

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2019) - StrikePoint Gold Inc.  ...

articleStrikepoint Gold Inc.July 31, 20195/company/strikepoint-gold-inc/news/strikepoint-gold-inc-announces-commencment-of-drillling-program-at-the-north-zone-for-the-high-grade-willoughby-gold-property
Strikepoint Gold Inc. Announces Commencment of Drillling Program at the North Zone for the High-grade Willoughby Gold Property

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[{"type":"text","content":"Strikepoint Gold Inc. Announces Commencment of Drillling Program at the North Zone for the High-grade Willoughby Gold PropertyVancouver, British Columbia--(Newsfile Corp. - July 31, 2019) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) (\"StrikePoint\" or the \"Company\") is pleased to announce the commencement of its Phase I drilling program of 1,000 metres at the North zone on their 100%-owned Willoughby property located near Stewart BC in British Columbia's prolific Golden Triangle, seven kilometres east of Ascot Resource's advanced-stage Red Mountain Gold Project.The objective of the Phase I program is to expand and test the North Zone, following up and stepping out from multiple high-grade historic intercepts. Previous explorers, which included limited underground drifting and drilling was locally focused, dominantly within only 50 meters of surface, with holes oriented towards the east. New mineralized exposure from melting alpine glaciers, coupled with an improved understanding of the structural geological setting has helped refine the drill plan, including westerly oriented drill holes.Gold and silver mineralization at Willoughby are hosted within Jurassic volcanic and sedimentary rocks, associated with a 'Goldslide Suite' intrusive phase, similar to the adjacent Red Mountain Deposit. Select highlights from the North zone historical drill hole intercepts include the following:89-06: 53.21 g/t Au and 211.09 g/t Ag over 5.5 meters94-15: 113.68 g/t Au and 121.77 g/t Ag over 3.0 meters94-26: 20.08 g/t Au and 1,250.83 g/t Ag over 3.0 meters95-36: 352.22 g/t Au and 194.64 g/t Ag over 2.9 metersU96-02: 120.30 g/t Au and 2,434.84 g/t Ag over 3.5 metersStrikePoint CEO, Shawn Khunkhun, states \"StrikePoint's aggressive drill program at this high-grade gold-silver system is the first for 25 years. Our goal is to confirm the tenor of mineralisation defined by previous work. And secondly to expand the footprint of these outcropping zones. Our geological team has extensive experience working in the Golden Triangle which will allow us to efficiently assess and grow this neglected gold-silver system. Surface mapping and sampling programs are underway, with the rock samples shipped for assay. We are excited that prospective rocks with strong sulphide mineralization has been identified in areas of recently melted glacier...

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