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StrikePoint Gold Samples up to 10.65 g/t Gold at Golden-Oly Property
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 10, 2017) - StrikePoint Gold Inc. (TSX VENTURE:SKP)(OTCQB:STKXF) is pleased to provide results from exploration
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 10, 2017) - StrikePoint Gold Inc. (TSX VENTURE:SKP)(OTCQB:STKXF) is pleased to provide results from exploration activities on its Golden-Oly property, located in the North Canol region of the Yukon Territory. Highlights Focus on one of seven geophysical and geochemical targets highlighted by Ryan Gold Corp. in 2012 on the Golden-Oly and PDM properties. Surface grab samples taken during the 2017 field season returned results from trace to 10.65g/t gold. Additional samples returned assays to 364g/t silver and 0.52% copper. The Colossus target is 3.3km in diameter, with multiple mineralized sheeted vein systems throughout this area. Geochemical profiling of the intrusive shows classic intrusion-related zonation, including central Au-Cu-Bi correlations with more distal Ag-Pb-Zn haloes. Colossus is a seen as a typical example of the six additional geophysical targets on both the Golden-Oly and PDM properties and has been studied in depth this season to gather data relevant to the entire property. Strikepoint was active on the project between August 9th and August 21st 2017. Extensive mapping and sampling (76 grab samples) was completed during this time. The targets remain entirely untested by drill. Golden-Oly Property The Golden-Oly property parallels the North Canol Road in the east-central Yukon. The property covers an area of 45km by 30km, and has six targets identified through an aerial geophysical program in 2012. Strikepoint also holds the neighboring PDM property, 6km to the west of Golden-Oly, which contains an additional target zone with similar geology to those on Golden-Oly and so are often discussed as one larger land package. The seven geophysical anomalies (Colossus, Zeus, Babylon, Alexandria, Giza, Artemis and Halicarnassus) have all been positively identified in 2017 as being granodioritic intrusions that are either partially exhumed to shallowly buried (identified through hornfelsed sediment cap). These intrusions are similar in age and composition to the systems found to the north in the Selwyn Basin that have given rise to the Eagle Gold deposit (Victoria Gold) and the historic Keno Hill silver mines. Mineralization is primarily associated with sheeted veins or disseminated sulphides within the intrusive rock itself. At Colossus, two vein types were observed on the ...