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Golden Spike Resources Corp GSPRF


Primary Symbol: C.GLDS

Golden Spike Resources Corp. is a Canadian mineral exploration company. The Company is focused on identifying, acquiring and unlocking value in mineral opportunities in Canada and other low-risk jurisdictions. The Company holds a 100% interest in the 5,050-hectare Gregory River Property in Newfoundland, strategically centered over an approximate 11-kilometer-long stretch of the Gregory River VMS-belt, a north-northeast trending corridor of prospective ground with the potential to host Cyprus-type polymetallic VMS deposits. The property is located on the west coast of the province of Newfoundland and Labrador, 42 km north northwest of the city of Corner Brook, and 53 km west of the city of Deer Lake. In addition, the property hosts a cluster of historically explored, high-grade, copper gold vein structures.


CSE:GLDS - Post by User

Post by kegmanon Oct 17, 2024 10:31am
32 Views
Post# 36269867

Drilling starting imminently

Drilling starting imminentlyREaders Digets version ogf announcement....2024 Phase 2 Drilling Program
The Company is ready to commence the second phase of its 2024 exploration program with a diamond drilling program. The program will include approximately 14 holes, totaling 3,000 m, split between Steep Brook, Lode 9 and the Vein Zone. The drill holes will test selected First Priority IP targets that have strong support from other layers of exploration data, including geological interpretations, geochemical information, historical drilling, and airborne magnetic data. All required permits are in place and a team has mobilized to the area to start the construction of drill platforms. The drill is expected to arrive in the second half of October.
Claim Staking
The Company is pleased to announce that it has staked an additional mineral licence (Mineral Licence Number 038490M) covering 125 hectares ("ha") adjacent to the eastern edge of Property (Figure 1) in the southern part of the Vein Zone. The licence was staked on behalf of the Company on October 9, 2024, and comprises an aggregate of 5 mineral claims, and brings the total area of the Property to approximately 5,175 ha (12,788 acres). There is no recorded historical work on the new licence, however it does provide for additional land covering any potential extensions to the southern part of the Vein Zone mineralization. The ground will be prospected during upcoming exploration phases
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