The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Goldstrike Resources Ltd. Sept. 26 reported that trenching at its Lucky Strike property, located in the heart of Yukon's White Gold District, has returned values of 0.42 g/t gold over 154 meters, including 3.0 g/t gold over eight meters.
These results are from the Monte Carlo discovery zone, which measures 1,400 by 350 meters and remains open.
Monte Carlo is one of four large gold-in-soil anomalies discovered at Lucky Strike.
Other significant results from trenching at Monte Carlo include 0.21 g/t gold over 28 meters at trench 7; 0.58 g/t gold over 58 meters in trench 8; and 5.15 g/t gold over 6.8 meters in trench 9.
Goldstrike said this initial trenching confirms that Lucky Strike has strong potential for a near-surface gold deposit similar to Goldcorp's Coffee deposit and Kinross' Golden Saddle deposit.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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