Strikepoint Gold to begin drilling at Pluto July 16
STRIKEPOINT GOLD Inc. has provided an update on the progress of its $2.5-million summer gold exploration program in the Yukon. Comprehensive work including drilling has been completed on the Mahtin property. The
crew is now working on the Pluto property judged to be Strikepoint’s highest-ranked target. Exploration is also planned this season for several other targets.
The Pluto gold project is located approximately 100 kilometres west-southwest of the town of Carmacks in central Yukon. The Strikepoint team has established its camp and is currently undertaking a mapping and sampling program, with drilling due to start on or around July 16. Two main targets have been identified for exploration work, the northern Charon target and the southern Hydra zone.
Both targets have been the subject of an induced polarization (IP) geophysical study in June carried out by GroundTruth Exploration. The results are currently being analyzed and will be used for targeting the RAB (rotary air blast) drill program.
Update on Mahtin exploration
Exploration work was undertaken on the Mahtin property between June 6 and July 4, with a focus on the Mahtin North and MayQu target areas. A total of 164 grab samples were taken from across the Mahtin property, including from potential new zones of mineralization discovered on the Alp-Forty claims in the southwestern portion of the Mahtin claim block.
A total of nine RAB holes were drilled, with six in Mahtin North and three on MayQu, ranging from 80-metre to 150-metre depth each.
All grab and RAB chip samples are currently with the laboratory for assaying, and results are pending.
Baseline environmental studies were also completed on both the Mahtin North and MayQu targets, including wildlife surveys and water sampling. The use of the RAB drill has minimal environmental impact. All collar locations were cleaned and reclaimed immediately after drilling was completed.
Strikepoint also took part in the First Nations of the Na-Cho Nyak Dun Industry Day on June 25, presenting to the council and community the Mahtin and Golden-Oly projects that lie within their traditional territories. Other July activities In addition to drilling at Pluto, Strikepoint will also undertake some regional work on the Sapphire, Kilo and Garnet properties, which are also within the Kluane region. Exploration activities will be restricted to mapping and sampling of anomalies highlighted by work completed in 2012 by Ryan Gold Corp.
A small advance team will also mobilize into the North Canol Road area to undertake some first-pass work on the Golden-Oly targets.
Erika Flores condensed this news release (email@example.com).
Adrian Wallace Fleming, Ian R Harris, Darryl Baker Jones, Shawn Khunkhun, Michael R J McPhie
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