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Goldstrike Resources and Newmont Mining Complete 2017 Exploration Program at Plateau Property
VANCOUVER, British Columbia, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Goldstrike Resources Ltd. (TSX-V:GSR) (OTC PINK:APRAF) (FRANKFURT:KCG1) is pleased to announce th
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":"VANCOUVER, British Columbia, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Goldstrike Resources Ltd. (TSX-V:GSR) (OTC PINK:APRAF) (FRANKFURT:KCG1) is pleased to announce that it has successfully completed the 2017 Plateau property exploration program in conjunction with its strategic partner, the Canadian subsidiary of Newmont Mining Corporation (NYSE:NEM) (see News Release, March 6th, 2017). The 2017 program is the most extensive exploration campaign carried out to-date on the Plateau property. The 2017 program met its goals, highlights include: DRILLING - 2972 meters of diamond drilling was completed in 23 three holes at the Goldstack, Bonanza, Big Bang and Goldbar priority target areas (Figure. 1). Final assay results are pending. STAKING - Recent staking of an additional 434 claims brings the total size of the property to 3167 claims over 662 square kilometers. This staking, in addition to the previously announced property expansion, (see News Release, May 15th 2017) represents a 57% increase in the Plateau Property land position and extends the “Yellow Giant Gold Trend” from 50 km to 70 km in length. AIRBORNE GEOPHYSICS - A 1617 square kilometer, high-resolution airborne survey has been completed covering the entire property using a proprietary system belonging to Newmont. An additional 864 square kilometers of SkyTEMTM airborne data was also successfully acquired over the property. REMOTE SENSING - Airborne LiDAR, high-resolution satellite imagery and Radarsat-2 data was acquired over the entire property. Structural analysis of this data is pending. GROUND GEOPHYSICS - Ground geophysical surveys including 9.5 line kilometers of IP, 14.5 line kilometers of gravity and 14.5 line kilometers of ground EM was completed. GEOCHEMISTRY - 4300 conventional soil samples were collected on newly staked ridges and spurs as well as on focused grids at Gold Rush, Bonanza, Bullion, Big Bang, and Goldstack. In addition, DSG (Deep Sensing Geochemistry) and BLEG (Bulk Leach Extractable Gold) samples were collected for analysis using Newmont’s proprietary processes. Final assay results for the soil and DSG samples are pending. PROSPECTING - Collection of 421 grab sample and 138 channel samples was completed. Final assay results for these samples are pending. MAPPING - District-scale and detailed structural mapping and analysis...