Business
StrikePoint Gold Inc. Discovers Two-Hundred Meter Polymetallic Vein with Samples Grading up to 876 Grams per Tonne Silver, 10.8 Grams per Tonne Gold and 12.5% Zinc on Glacier Creek Property, Stewart, British Columbia
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - StrikePoint Gold Inc. (TSX...
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"StrikePoint Gold Inc. Discovers Two-Hundred Meter Polymetallic Vein with Samples Grading up to 876 Grams per Tonne Silver, 10.8 Grams per Tonne Gold and 12.5% Zinc on Glacier Creek Property, Stewart, British ColumbiaVancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) is pleased to announce significant surface sample results from a polymetallic vein on the Glacier Creek Property. This property is part of the land package with the Porter Project acquired from Skeena Resources in July 2018. This discovery lies 5.5 kilometers northeast of the historic Porter mine site and 4 kilometers east of Highway 37A. The Glacier Creek Property lies in an area of significant historical importance and hosted several mines during the early 20th Century, including the Dunwell and Black Bear Mines. Its lower elevation and local water supply offer StrikePoint the opportunity for an extended exploration season.Wide Vein with Massive SulphidesThe new vein was observed along a strike length of 205-meters on the western side of Albany Creek. The vein was observed to be up to 2-meters thick on surface and consisted of brecciated mudstones flushed with quartz and massive sulphides, including pyrite, galena and sphalerite. The vein has a shallow dip of 30 degrees west, and remains open along strike. A total of 18 surface samples were collected during a prospecting exercise on 22nd September 2018. The following table shows results for all samples collected. Sample NumberSourceGold (grams per tonne)Silver(grams per tonne)Zinc (percent)X956805Outcrop0.7--X956806Outcrop0.317.0-X956807 *Ore Pile10.824.7-X956808 *Ore Pile6.713.13.5X956809Outcrop10.856.81.2X956810Outcrop826.51.3X956811Outcrop3.912.3-X956812Outcrop3.337.7-X956813Outcrop1.715.8-X956814Outcrop2.487.4-X956815 *Ore Pile1.9876.0-X956816Outcrop 0.790.98.6X956817Outcrop7.858.1-X956818Outcrop3.174.212.5X956819Outcrop4.761.311.2X956821 *Ore Pile4.7156.07.3X956822 *Ore Pile5.9573.04.7X956823Outcrop3.4171.04.2Historical ActivityThe discovery lies in the same area as the historical \"Ben Bolt\" mine that was worked between 1910 and 1912. The site has remained unexplored for the intervening 100 years. The most recent report on the mine was made by Dr. A. C. Skerl in 1955 following a site visit that same year. The report details that 1,600 feet (49...