Mar. 1, 2011 (Canada NewsWire Group) --
SKP - TSXV STKXF - OTCQX
CALGARY, March 1 /CNW/ - StrikePoint Gold (SKP-TSXV and STK-OTCBB) and Ressources Appalaches (APP-TSXV) are pleased to announce the results of six additional drill holes from the 2010 drill program at the Dufferin Mine Project in Nova Scotia among which are drill hole F10-27 containing 38.52 g/t Au over 1.9 m including 146 g/t Au over 0.5 m and drill hole F10-29 with 8.19 g/t Au over 5.6 m including 42.2 g/t Au over 0.3 m and 110.5 g/t Au over 0.3 m (see table below and figure below or at www.strikepointgold.com)
To date, more than 18 stacked Saddle Reef type quartz veins have been identified along the Crown Reserve Anticline on the project. The true thickness of some of the veins in the middle of the Saddle is more than five metres along the centre of the anticline. They have been intersected in drill holes over a strike length of 1400m near surface and, so far, for a length of 750m at a depth of 300-400m. Two holes were drilled 250m north of the Dufferin Mine to locate the Salmon River Anticline which is parallel to the Crown Reserve Anticline. Further drilling to locate veins in the Salmon River Anticline will be undertaken in 2011.
This drill program has confirmed the extension of the gold-rich quartz veins to the east and at regular intervals at depth, consistent with the Saddle Reef Type model in turbidite sedimentary rocks.
Additional deep diamond drilling work will be carried out at the Dufferin Mine to determine the continuity along strike and the repetition of the mineralized veins at depth. Shallow drill holes will also be located along the Salmon River Anticline to the north and also five kilometres to the east in the Chocolate Lake Property to test the extension of the anticlines.
| Table: Drill Hole Intersections | |||||||||||||||||||
|
Drill Hole |
Section | From | To | Length | Au | ||||||||||||||
| # | # | (m) | (m) | (m) | (g/t) | ||||||||||||||
| F10-27 | 2600E | 36.00 | 37.90 | 1.9 | 38.52 | ||||||||||||||
| including | 36.90 | 37.40 | 0.5 | 146.00 | |||||||||||||||
| 45.90 | 46.85 | 0.95 | 1.48 | ||||||||||||||||
| 81.00 | 85.00 | 4 | 3.24 | ||||||||||||||||
| including | 81.00 | 81.70 | 0.7 | 16.10 | |||||||||||||||
| 97.60 | 98.70 | 1.1 | 1.26 | ||||||||||||||||
| 144.00 | 147.70 | 3.5 | 8.40 | ||||||||||||||||
| including | 146.00 | 147.00 | 1 | 28.90 | |||||||||||||||
| 155.00 | 156.10 | 1.1 | 2.90 | ||||||||||||||||
| including | 155.75 | 156.10 | 0.35 | 9.06 | |||||||||||||||
| 211.65 | 212.80 | 1.15 | 1.09 | ||||||||||||||||
| 216.00 | 218.40 | 2.4 | 1.77 | ||||||||||||||||
| including | 216.65 | 217.50 | 0.85 | 2.38 | |||||||||||||||
| F10-28 | 3030E | 135.45 | 136.70 | 1.25 | 6.32 | ||||||||||||||
| including | 136.30 | 136.70 | 0.4 | 19.40 | |||||||||||||||
| 202.55 | 203.60 | 1.05 | 6.77 | ||||||||||||||||
| 273.20 | 274.90 | 1.7 | 7.49 | ||||||||||||||||
| including | 273.20 | 273.90 | 0.7 | 17.40 | |||||||||||||||
| 310.20 | 311.00 | 0.8 | 2.13 | ||||||||||||||||
| F10-29 | 3030E | 89.00 | 94.60 | 5.6 | 8.19 | ||||||||||||||
| including | 90.50 | 90.80 | 0.3 | 42.20 | |||||||||||||||
| including | 93.00 | 93.30 | 0.3 | 110.50 | |||||||||||||||
| 130.00 | 130.60 | 0.6 | 2.05 | ||||||||||||||||
| 149.60 | 150.60 | 1 | 1.08 | ||||||||||||||||
| 200.25 | 201.60 | 1.35 | 1.07 | ||||||||||||||||
| 234.00 | 235.00 | 1 | 1.12 | ||||||||||||||||
| 309.50 | 310.50 | 1 | 1.24 | ||||||||||||||||
| F10-07 | 3175E | 189.20 | 189.75 | 0.55 | 7.39 | ||||||||||||||
| 247.00 | 247.40 | 0.4 | 5.55 | ||||||||||||||||
The samples were taken by splitting the core according to industry standards and they were submitted along with standards, blanks and duplicates at regular intervals. The analyses were performed by ALS Laboratory Group using conventional fire assay with a atomic absorption spectrometer finish. Certain samples were prepared by metallic screening, notably when visible gold was noticed in the core.
This press release has been reviewed by Daniel A. Beauchamp, B.Sc., P.Geol., StrikePoint Gold's Qualified Person under National Instrument 43-101.
To view map please visit: http://files.newswire.ca/874/strikepointupdate.pdf
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