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Goldstrike Resources Ltd.
Summary
| Project: | Lucky Strike | |
|---|---|---|
| Deposit: | Lucky Strike | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-6-2018: Goldstrike Resources Ltd. announces an Exploration/Drilling Update report for its Lucky Strike deposit at the Lucky Strike project. Summary of property in support of listing as a "property of merit". In February of 2018, Aurora Geosciences Ltd. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Carl Schulze (Aurora Geosciences Ltd.) | |
| ABSTRACT: | In February of 2018, Aurora Geosciences Ltd. (hereinafter “Aurora”), of Whitehorse, Yukon, was commissioned by Goldstrike Resources Ltd. (hereinafter “Goldstrike”) of British Columbia, Canada, to write a Technical Report in compliance with National Instrument 43-101 on its Lucky Strike property. The Lucky Strike property is situated in the Dawson Range of west-central Yukon Territory, Canada. Mr. Carl Schulze, P.Geo., completed a one-day property visit on March 9, 2018, and was accompanied by Mr. Daithi Mac Gearailt of Druid Exploration, prime contractor for Goldstrike. On May 15th 2018, Goldstrike entered into an Arrangement Agreement with Luckystrike Resources Ltd. (hereinafter “Luckystrike”) whereby Luckystrike would obtain a 100% interest in all claims comprising the Lucky Strike property, as well as those of five other properties in the White Gold District of west-central Yukon Territory. The Lucky Strike property comprises 753 contiguous quartz claimstotaling 15,723 hectares (38,836 acres). The property is geographically centered at 63°12’10” N Latitude, 139°07’06” W Longitude (UTM NAD 83: 594640, 7009575, Zone 7) on NTS map sheets 115O/02 and 115O/03 in the Dawson Mining District of Yukon Territory, Canada. Little exploration took place within present property boundaries prior to 2009, when positive results were returned from diamond drilling on the neighbouring Golden Saddle target in May, 2009. In June 2009, B. Naughty staked four occurrences subsequent to the public release of results from the Golden Saddle. Naughty acquired the Three Sisters, Strike, Simmons and Agate occurrences. Only the Agate occurrence had activity prior to 2009. The Agate showing was staked in 1900, then again in 1982 as a jade prospect. In 1987, the Agate prospect was optioned to New Era Development which conducted some hard rock and placer exploration. Mr. Naughty optioned the AU claims, covering the Three Sisters occurrence, to a 50/50 joint venture (JV) comprised of Alix Resources Ltd (Alix) and Cloudbreak Resources Ltd. (Cloudbreak). Alix sold its 50% interest to Cloudbreak in January of 2010. In November of 2010, Cloudbreak optioned the AU and adjacent claims to Accelrate Power Systems Inc. (Accelrate), which completed a NI 43-101 technical report on all exploration to date. In June of 2011, Accelrate changed its name to Goldstrike Resources Ltd. | |
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