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Goldstrike Resources Extends Yellow Giant Trend at Plateau to 50 Kilometres
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 13, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to report t
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 13, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to report that additional prospecting, mapping and sampling along the Yellow Giant Trend has resulted in multiple new discoveries, doubling the known length of the trend from 25 to 50 kilometres and confirming the tremendous potential of this new, underexplored, district-scale gold system. Additional staking was recently completed to cover this extension of the Yellow Giant Trend, which is all contained within the Company's 100 per cent controlled Plateau property in Yukon, now covering more than 350 square kilometres. Based on strong initial gold assays from Bonanza and Big Bang, and based on field observations of new mineralized outcrop, the Company has expanded the property by staking an additional 12 kilometres on trend to the northwest to cover the full extent of the Bonanza zone and the newly discovered Big Bang zone. The Bonanza zone consists of a swarm of vertical parallel veins that contain the most pervasive visible gold mineralization seen on the property to date, and are similar to gold-bearing veins at Goldstack. Assays from rock grab samples taken from the Bonanza Zone have ranged from below detection limit to 436.4 grams per tonne (12.69 ounces per ton) (News Release August 17, 2016). Mapping and additional sampling were recently completed on the Bonanza zone, as well as the newly discovered Big Bang zone, and assays are pending. The Big Bang zone is a new discovery found by prospecting along trend 10 kilometres northwest of Bonanza. It contains the most widespread and concentrated mineralized stockwork and breccia seen in outcrop on the property to date. The Big Bang zone covers multiple outcrops of quartz stockwork and breccia over an area of more than four square kilometres (2.6 by 1.7 km), and remains open in all directions. The initial rock grab sample taken from this area when it was discovered in July assayed 22.4 grams per tonne gold. Extensive additional prospecting and sampling was recently completed, and Goldstrike looks forward to reporting the assay results from this work when they become available. The Company plans to apply to amend its Class 3 Exploration Permit to include the new claims that cover both the Bonanza and Big Bang zones, to accommodate fu...