Gold Strike Resource drilling.
www.goldstrikeresources.com
44 million s/o
May 14, '12
Gold Strike Resources (GSR-V) is pleased to report that it has mobilized for its 2012 exploration program in the Yukon. Two exploration teams will run two programs simultaneously. The diamond drill has been secured for Goldstrike's entire exploration season and has arrived in Dawson, ready for deployment.
Team One’s program will include trenching, mapping, prospecting, ground geophysics and diamond
drilling on the Company’s 100% controlled Plateau project, which is considered the Company’s flagship project based on results from the 2011 program. The team will focus on expanding the gold discovery made on the Plateau North grid, using trenching and diamond drilling. Team One will simultaneously test the gold potential of multiple similar zones or structures observed on the Plateau North property along the 12-kilometre Gold Rush Trend. These structures are all believed to be related or connected to a much larger regional gold system, thus having excellent gold potential.
Team One will also follow up on Plateau South, where a high grade rock grab sample containing visible gold assaying 4.65 ounces per tonne (159.5 grams per tonne) (News Release November 7, 2011) was found in sandstone. That sample is believed to be associated with a favorable stratigraphic gold horizon indicated by both the geology and a gold mineralized zone identified by multiple anomalous gold soil samples. Team One is to also follow up on a large, newly discovered gold bearing quartz stockwork measuring 2 kilometres by 600 metres that remains open in the Plateau West area, as well as numerous other targets identified along the 25 kilometre underexplored Yellow Giant Trend. Initial indication suggest that all of the targets in this area are related to a large regional gold system.
drill results PENDING! |
