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Goldstrike Discovers New Gold Showing, Extending Goldstack Trend
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 5, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to report tha
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 5, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to report that with the 2016 program now under way at Plateau South, initial prospecting and mapping has already resulted in a significant new gold discovery 4 kilometres from and on trend with the Goldstack Zone. This new find contains the most pervasive coarse visible gold seen in bedrock on the Plateau property to date, and has been named the Bonanza Zone. It is an extensive quartz stockwork system containing widespread visible gold and remains open in all directions. The new zone is exposed on surface over an area measuring 20 by 12 meters before it is covered by overburden. Initial mapping of the Bonanza Zone confirms 2 distinct sets of veining containing coarse visible gold that measure between 0.6 and 1.2m wide, span the entire extent of the outcrop and remain open in all directions. The visible gold occurs within and on the margins of the quartz veins. The largest pieces of visible gold initially observed are a coarse circular shaped piece of gold measuring 5mm across, and another elongated shaped piece of coarse gold measuring 6mm. The mapping and prospecting program is just getting under way, and will continue to focus on both expanding the known areas of gold mineralization and discovering new mineralized zones in the surrounding area which remains underexplored as demonstrated by the new Bonanza Zone discovery. Structural mapping is also being carried out at the Goldstack Zone to confirm the structural controls on the gold mineralization in preparation for drilling. The drilling is designed to expand on the known gold mineralization both along strike and to depth, where it remains open. The Goldstack Zone is a 7 metre wide gold bearing outcrop that was drilled in 2015 and intersected 17.5 meters grading 13.5 grams per tonne gold true width, including 5.7 metres of 35.28 grams per tonne (1.03 ounces per tonne) gold that remains open., as reported in Goldstrike's news release dated September 9, 2015. \"The discovery of this new gold rich zone has significantly expanded the known extent of this new district scale gold system\", said Goldstrike Director Trevor Bremner. \"The Goldstrike team is very excited that these results have been achieved so early in the program. They hav...