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StrikePoint Intersects 2,980 g/t Silver over 0.51 meters at Porter and Discovers Potential Roots to the Vein System Returning 116 g/t Silver and 3.14 g/t Gold over 1.0 meters
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2022) - StrikePoint Gold Inc. (TSXV: ...
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"StrikePoint Intersects 2,980 g/t Silver over 0.51 meters at Porter and Discovers Potential Roots to the Vein System Returning 116 g/t Silver and 3.14 g/t Gold over 1.0 metersVancouver, British Columbia--(Newsfile Corp. - December 19, 2022) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) (\"StrikePoint\" or the \"Company\") is pleased to announce the results of the diamond drilling as well as the results for reconnaissance channel samples and grab samples from the 2022 exploration program at the 100%-owned Porter-Idaho project, located near Stewart in British Columbia's prolific Golden Triangle. The 2022 program was designed to drill test extensions to high-grade silver mineralization outlined in historic resource estimates and explore for gold-silver-rich intrusive-related mineralization.Drilling was successful in confirming high-grade silver mineralization within the historic resource block and demonstrated potential for gold-silver-rich intrusion-related mineralization at the underexplored Red Reef prospect. The Red Reef prospect is located 850 meters below the elevation of the Porter-Idaho/Silverado mineralization and may be the root of the system.Highlights from the 2022 field program includes:Drillhole PIP22-031 returned 2,980 g/t Ag and 0.74 g/t Au over 0.51 m, confirming the historic resource at the past-producing Porter-Idaho mineChannel P22-CH01 returned 116 g/t Ag and 3.14 g/t Au over 1.0 meter at the Red Reef prospect outlining the potential for gold-silver-rich mineralization. Channel P22-CH02 returned 108.55 g/t Ag and 1.13 g/t Au over 2.09 meters at the Red Reef prospect outlining the potential for gold-silver-rich mineralization. Michael G. Allen, President and CEO of StrikePoint states, \"As the highest-grade historic pure-silver mine in the Stewart area, these results confirm the tenor of silver grade that can be expected at the Porter project, however the discovery of strong, disseminated gold-silver, located less than a kilometer from the town is very encouraging. This intrusive-related style of mineralization may suggest a source or root to the high-grade veins at the Porter-Idaho and Silverado mines, located several hundred meters above the outcrops.\" 2022 Porter-Idaho DrillingThe 2022 drilling program at the Porter-Idaho Silver project was designed to extend and confirm mineralization identified wi...