Strikepoint GOLD Inc. Announces 48.4 Grams PER Tonne GOLD IN Surface Samples from Pluto Property
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
STRIKEPOINT GOLD INC. ANNOUNCES 48.4 GRAMS PER TONNE GOLD IN SURFACE
SAMPLES FROM PLUTO PROPERTY
StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to report encouraging initial
assays from grab samples collected from across the Pluto Property in the Kluane Region
of the Yukon Territory.
A total of 68 surface sample assays have been completed to date by ALS Laboratories
and results reflect the polymetallic nature of the Pluto property. Gold assays ranged
from trace to 48.4g/t Au, including a separate sample of 36.3g/t Au. The highest-grade
samples were collected from the Charon target, which is the current focus of a RAB drill
program.
Samples from within the same area also returned elevated copper values copper, with
results ranging from trace to 1.23%. Copper mineralization appears to be localized in
schist units, while gold is associated with arsenopyrite and pyrite within marble and
skarn layers. Surface mineralization at Charon has a strike of 1.2km west to east, and
400m north to south, and is still open on all sides.
In addition to the gold and copper values, this latest set of results has returned silver
assays from trace to 333g/t. The high grade silver sample runs 2.07g/t gold and
represents a significant easterly step out of 2 km from the Charon Zone. Samples
collected from between this location and the central Charon area are still pending
assays.
Extensive mapping and study of the area since mid-July has shown that mineralization is
not linked to a single skarn layer as initially thought, but instead there is evidence of
multiple lithologically controlled beds that are stacked in section, with the presence of
sulphide mineralization throughout. These units align well with resistivity / conductivity
data gathered during a Ground Induced Polarization (IP) Survey by Groundtruth
Exploration and are proving useful for drill targeting.
StrikePoint Gold is currently drilling on the Charon Target and will shortly be moving to
drill test the Hydra Target, located 6km to the southwest. Hydra has shown similar
geology and mineralization to Charon as well as compelling geophysical data. All drill
results are currently pending and will be reported on as soon as available.
QA/QC
The Company maintains a rigorous QA/QC program with respect to the preparation,
shipping, analysis and checking of all samples and data from the properties. Quality
control for field sampling and drill samples at the Company's projects covers the
complete chain of custody of samples, including sample handling procedures and
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
analytical-related work, plus the insertion of standard and blank materials. The QA/QC
program also includes data verification procedures. ALS Laboratories in Vancouver,
Canada (ISO 17025:2005 accreditation) assayed all samples from the current field
program using fire assay and ICP Mass Spectroscopy methods.
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 review the Corporate Presentation on the StrikePoint
Gold Inc. website for a more detailed, comprehensive review of the 2017 exploration
program: http://www.strikepointgold.com/images/Yukon-Properties-Presentation.pdf
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.