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Goldstrike Files for Advanced Permit on Plateau Property
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 24, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to announce
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":" VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 24, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to announce that based on the strong drill results and interest in its new district-scale Plateau gold discovery, it has now filed for a 5 year advanced exploration permit. This permit will cover all of the planned exploration activities that are required to systematically unlock the full potential of this underexplored, district scale gold system. It will also allow Goldstrike the flexibility to ramp up exploration programs and move the project forward at a much accelerated pace. Having such a permit in place will also enhance the appeal of the project to prospective senior partners and accommodate a significant investment in the project. The Plateau gold project has attracted widespread attention, including from major gold producers, and Goldstrike is focused on optimizing its exploration and financial options going forward to grow its asset value for its stakeholders. In recognition of the significance of its Plateau discovery, Goldstrike has been invited to display drill core from its discovery hole in the Core Shack at the Prospectors and Developers Association (PDAC) conference in Toronto on March 6-7, 2016. The Company generated a significant amount of interest with its core display in the Core Shack at the Roundup in Vancouver last month. ABOUT PLATEAU The Plateau property is 100% owned by Goldstrike and covers a district scale gold-mineralized system known as the Yellow Giant Trend located in the Yukon Territory Canada. Multiple high grade gold showings (rock grab samples up to 18.66 ounces per ton) have been exposed along the Hess River valley over a strike length of more than 25 kilometers and a vertical extent of more than 1,000 meters, and significant drill results have been obtained in multiple holes (best intersection to date 13.25 grams per tonne gold over 17.5 metres true width in the Goldstack Zone, including 35.88 grams per tonne gold over 5.7 metres remains open) (News Release September 9, 2015). Fifty per cent of the holes drilled in 2015 intersected grains of native gold in the core. The gold is coarse and appears to be free milling. Goldstrike plans to arrange funding to resume exploration at Plateau in late June or early July. The planned program calls for fo...