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Goldstrike Resources Drills 22 Metres of 5.36 g/t Gold at Lucky Strike Property
VANCOUVER, British Columbia, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Goldstrike Resources Ltd. (TSX-V:GSR) (OTC PINK:APRAF) (FRANKFURT:KCG1) is pleased to report that
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":"VANCOUVER, British Columbia, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Goldstrike Resources Ltd. (TSX-V:GSR) (OTC PINK:APRAF) (FRANKFURT:KCG1) is pleased to report that a discovery drill hole (DDLS-17-09) has intersected a broad zone of near surface gold mineralization at the Monte Carlo zone on the Lucky Strike property grading 5.36 grams per tonne gold over 22 metres, including 18.79 grams per tonne gold over 5.72 metres (Table 1). Goldstrike successfully completed 1,032 m of diamond drilling in the nine shallow exploratory holes that constituted the 2017 drill program (Map 1 – Drill Plan). Assay results from hole DDLS-17-08 are still pending, but all other holes intersected gold mineralization over a 200 m strike length. The mineralized zone remains open at depth and in all directions. This drill program utilized HTW large diameter size core to optimize recovery due to the brittle and highly oxidized nature of the near surface gold mineralization. Additional maps and sections can be viewed at: Lucky Strike Project. Gold mineralization comes to surface in a series of silicified and heavily oxidized zones that have a strong geochemical association with silver, bismuth, tellurium, mercury, antimony, molybdenum and copper. Drilling at Lucky Strike in 2017 was designed to test a 450 by 1,450 metre coincident geochemical gold anomaly and geophysical target located at the Monte Carlo zone. The Monte Carlo zone is only one of five large gold anomalies along a 10 kilometre trend on the property, and only the Monte Carlo zone has been drill tested to date. These gold anomalies have been defined by a combination of soil geochemistry, mechanized trenching and prospecting and are coincident with ground and airborne geophysical anomalies. The four other large gold-in-soil anomalies are the Belmont zone, measuring 1,500 by 800 meters, the Samson zone, measuring 600 by 300 meters, the Boss zone, measuring 1,000 by 1,000 meters, and the Maverick zone, measuring 200 by 150 meters. Collectively, this gold mineralized trend is coincident with a magnetic geophysical anomaly which is believed by the Company’s geological team to represent a regional scale shear zone, providing for additional strong discovery potential on the Lucky Strike property. The Lucky Strike property covers over 150 square kilometers and...