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Goldstrike Resources Commences Drilling on Lucky Strike, Yukon
VANCOUVER, British Columbia, June 27, 2018 (GLOBE NEWSWIRE) -- Goldstrike Resources Ltd. (TSX-V:GSR) (OTC PINK:APRAF) (Frankfurt:KCG1) is pleased to provide an
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, June 27, 2018 (GLOBE NEWSWIRE) -- Goldstrike Resources Ltd. (TSX-V:GSR) (OTC PINK:APRAF) (Frankfurt:KCG1) is pleased to provide an update on the 2018 drill program at its 156 square kilometre Lucky Strike Property. Lucky Strike is located in the heart of the Yukon’s White Gold District and is 100%-owned by Goldstrike with no underlying payments or royalties. Diamond drilling began June 16th, 2018 in the Monte Carlo zone. Drilling will expand upon 2017’s 1033m drill program; the first drilling to date on the property (5.36 grams per tonne gold over 22 metres - November 20, 2017 news release). Drill holes are planned around mechanical trenching results, soil sample geochemistry, and the results of a 2016 induced polarization (IP) survey. By the end of the program, the company is expected to cover ~700m of strike length at Monte Carlo. Details of the 10 km trend containing multiple gold mineralized zones can be found in the May 22, 2018 news release. A geophysical crew has also mobilized to Lucky Strike to perform an IP survey. The survey will consist of approximately nine kilometres of survey lines and expand the original survey to the north, further delineating a prominent northwest structure, and a separate, untested chargeable anomaly at depth which is considered to have strong potential providing for additional drill targets. Goldstrike has also commenced reconnaissance soil sampling and prospecting of the large under-explored areas that contain several new targets and structures identified using the 2017 data and a property wide LIDAR survey. Over 500 samples have been taken to date and up to an additional 1500 samples are planned. 100 % Owned Hotspot Property Exploration Program The highly anticipated inaugural trenching and ground geophysics programs at Hotspot (80 kilometres west of Lucky Strike) are expected to begin June 27th, 2018. Trenching and ground geophysics will focus on delineating drill targets on the Sure Bet zone, a 100 x 150 metre geochemical anomaly that yielded soil samples assaying up to 4.1 grams per tonne gold and rock samples from hand pits assaying up to 0.39 grams per tonne gold (November 21 news release). The zone remains open to the north and south. Additional reconnaissance prospecting and soil sampling are also planned for the rest of the property, located in a ...