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Goldstrike Resources Drills 13 Meters of 2.2 g/t Gold- Including 8.50 Meters Grading 3.21 g/t Gold- at Plateau Property
VANCOUVER, BRITISH COLUMBIA--(Oct. 25, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) ("Goldstrike") is pleased to report t
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Oct. 25, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) (\"Goldstrike\") is pleased to report that all 11 holes from the 2016 drilling campaign at its flagship Plateau property in Yukon, Canada, totalling over 1500 meters, were successful in intersecting the Goldstack zone. The 2016 drilling was focused on expanding the Goldstack zone, one of the many drill targets along the newly discovered, 50 km long, mineralized Yellow Giant trend. PSGS-16-01 was previously reported in the Company's press release dated September 6, 2016. Please see that press release for further details. Drill hole PSGS-16-08 returned the best value from the latest phase of drilling with a value of 2.2 g/t Au over 13 m, including 8.5 m grading 3.21 g/t Au. Drill hole assay highlights from the entire 2016 program are presented below in Table 1. Drilling indicates that the main control of the mineralized system at the Goldstack zone is a northeast/southwest structure known as the Eldorado Fault. This structure has been mapped for 1 km, remains open along strike in both directions and will be one of the principal targets for drilling next year. The Eldorado Fault hosts the mineralized Goldstack discovery outcrop. An initial first pass metallurgical test of the Goldstack zone returned a total recovery value of over 98.5% gold. This confirms the coarse nature of the gold observed in this system. Table 1: Gold assay highlights from 2016 drilling Hole ID From (m) To (m) Interval (m)1 Au (g/t) Au (oz/ton)2 PSGS-16-01 11.00 56.50 45.50 6.05 0.176 including 13.75 26.00 12.25 21.13 0.62 PSGS-16-02 27.60 63.70 36.10 0.52 0.015 including 30.00 31.00 1.00 3.11 0.091 PSGS-16-03 55.00 56.00 1.00 0.73 0.021 and 72.80 74.20 1.40 0.90 0.026 PSGS-16-04 30.80 68.50 37.70 0.23 0.007 Hole ID From (m) To (m) Interval (m)1 Au (g/t) Au (oz/ton)2 PSGS-16-05 65.50 68.60 3.10 11.01 0.321 PSGS-16-06 67.50 81.50 14.00 0.40 0.012 including 67.50 71.50 4.00 0.83 0.024 PSGS-16-07 80.00 83.50 3.50...