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Focus on Porter, Willoughby to expand known mineralization North of 60 Mining News – July 8, 2022
Strikepoint Gold Inc. July 5 announced that exploration work is now underway on its Willoughby gold-silver and Porter silver properties near Stewart, British Columbia in Canada's prolific Golden Triangle.
"With a healthy treasury over $5 million, we are excited to commence our drilling programs at Porter and Willoughby properties," said StrikePoint Gold President and CEO Shawn Khunkhun.
Strikepoint's 2022 exploration program includes roughly 3,000 meters on both properties. This includes a planned 1,600 meters at Porter, which has historically hosted three of the highest-grade pure silver producers in the Stewart area – the Prosperity, Porter Idaho, and Silverado mines.
"At Porter, our work will continue to test the limits and source of the historic silver mines; at Willoughby, we will also seek new high-grade gold-silver discoveries in previously unexplored areas," Khunkhun continued.
Objectives for the 2022 program include:
• Drill extensions to high-grade silver mineralization outlined in historic resource estimates.
• Explore for the roots of the silver veins and gold-silver-rich intrusive-related mineralization.
• Assess the underground access and working for future rehabilitation.
The drilling will initially target the past-producing Prosperity, Blind, and D veins in eight to 10 holes. Additionally, surface sampling and mapping will be completed prioritizing exploring the northwest and eastern areas of the property.
Work on the western side will investigate strong alteration and gossan with historic gold-rich prospects along northwest-trending structures, and on the eastern side of the property, significant glacial retreat of the Marmot glacier and alpine icefields has revealed new exposures that have never seen modern exploration.
As for Willoughby, Strikepoint's program will begin at this target with 1,400 meters planned in six to eight holes, with overall objectives including:
• Drill northern and southern extensions to the 600-meter-long trend of mineralized zones along the Willoughby nunatak.
• Exploratory drilling to discover new mineralization to the west of the Willoughby nunatak trend.
Occurring along the eastern margin of the Cambria Icefield, Willoughby is approximately seven kilometers (four miles) east of the advanced-stage Red Mountain deposit owned by Ascot Resources Ltd. and is thought to be of similar geology to the high-grade gold project by Ascot.
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