Strikepoint GOLD Inc. Adds Second Drill to the Porter Project, Stewart
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
STRIKEPOINT GOLD INC. ADDS SECOND DRILL TO THE PORTER PROJECT, STEWART
September 13, 2018 - StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to
announce that it has mobilized a second diamond drill rig to their Porter Project near
Stewart, British Columbia.
Targeting the Silverado Veins
Diamond drilling at the Porter Project has been focused on gathering information from
the historic resource area and stepping out on the eastern flank of Mount Rainey. This
drilling is in the vicinity of the former Prosperity – Porter Idaho underground mine. The
historic Silverado veins are found two kilometers away on the western side of the
mountain at the former Silverado underground mine and like Porter were worked
historically through to the 1920’s.
Surface sampling in the 1980’s by Teck highlighted four main veins in the Silverado
system with noted results of 1,875 grams per tonne from one of these veins. Work by
Strikepoint this summer has identified possible structural extensions revealed as the
Silverado Glacier has retreated.
The plan includes the drilling of at least three diamond drill holes at Silverado to a total
depth of 1,500m to gather vital subsurface information and intersections with vein
extensions. It is hypothesized that the Silverado Veins are an extension of the Porter
system, but their connection has been hidden by ice cover on the top of Mount Rainey.
The Silverado veins were not included in the existing historical resource.
Drilling Update
Thirteen drill holes has been completed on the Porter Property as at September 8th,
2018, with a total meterage of 1,920 meters. These all represent exploration holes in
and around the historic resource in the Porter project, including the D-Vein. Other holes
have explored the connection between the Angelo and Melvin veins as well as
extensions to the west of the Blind, Flat and Prosperity vein systems. Assay results from
the 2018 drill campaign are still pending.
About the Golden Triangle
The Golden Triangle is an area of northwestern British Columbia that has seen extensive
historic mining and prospecting activity, and has recently been the site of modern
discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
a resurgence in infrastructure investment which supports exploration activities,
including upgraded transmission lines supplying clean, affordable and reliable
hydroelectric power. Other recent improvements include highway upgrades, new ocean
port infrastructure at the ice-free port of Stewart and the commissioning of three
hydroelectric facilities.
StrikePoint Gold is a well-financed gold exploration and development company. The
company controls a portfolio of gold properties in the Yukon and throughout Canada.
The technical information contained in this news release has been approved by Andy
Randell, P. Geo., Vice President, Exploration of StrikePoint Gold. Mr. Randell is a
qualified person as defined in NI 43-101.
For further information please visit our website: www.strikepointgold.com
ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.
Shawn Khunkhun CEO and Director
For more information, contact:
Shawn Khunkhun
604-602-1440
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.