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Strikepoint Gold Inc.
Summary
| Project: | Mahtin | |
|---|---|---|
| Deposit: | Mahtin | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 10/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-10-2017: Strikepoint Gold Inc. announces an Exploration/Drilling Update report for its Mahtin deposit at the Mahtin project. Drilling results incl. 4.57m @ 1.62g/t Au from 42.67m. October 4, 2017 - StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleas | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andy Randell (Internal) | |
| ABSTRACT: | October 4, 2017 - StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to provide results from exploration activities on its Mahtin Property, Mahtin North and May-Qu Targets, located in the Mayo region of the central Yukon Territory. The work at Mahtin North has confirmed that the Sprague Creek Stock hosts a series of sheeted quartz-arsenopyrite veins hosting typical low-grade gold mineralization, and is thus an Intrusion Related Gold System that needs further exploration including drilling. Strikepoint was active on the project between June 5th and July 7th 2017. Extensive mapping and sampling (198 grab samples) was completed including a limited initial RAB drilling program of 760 m in nine holes. Mahtin North lies along the northern edge of the Sprague Creek Stock, a Cretaceousaged granodiorite intrusion similar to the nearby Eagle Gold project owned by Victoria Gold Corp. Mapping and sampling covered an area of 3km by 2km, focusing on the skarns and limestones along the edge of the intrusive body, as well as collecting samples from sheeted veins within the granodiorite itself. | |
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