Mackieresearch.com Drill Tracker Weekly – Volume 17 September 16 2016
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GOLDSTRIKE CONFIRMS CONSISTENCY OF MINERALIZED GOLDSTACK BRECCIA ZONE IN THE YUKON
DISCOVERY HISTORY AND KEY INTERVALS:
Discovery History (July 2013)
• 10 metres @ 10.91 g/t Au (Sept 9, 2013)
Current Holes:
• 17.5 metres @ 13.25 g/t Au (uncut) including;
• 11.20 metres @ 20.42 g/t Au
• 40.5 metres @ 2.35 g/t Au including;
• 10.8 metres @ 8.10 g/t Au
- Goldstrike Resources announced results from three holes drilled during the 2015 summer program on the Goldstack zone on its 100% owned Plateau project in the remote eastern region of the Mayo district of the Yukon.
- Highlights from the current drilling include 17.5 metres (estimated true width) grading 13.25 g/t Au starting at a depth of 22 metres. The drill hole included a number of intervals with visible gold resulting a high-grade section of 3.00 metres of 62.68 g/t Au (uncut).
- The mineralization appears to be hosted on the margins of dark grey quartz veins cutting a highly altered and brecciated felsic volcanic. Photos on the Company web site appear to agree with the companies interpretation of a relatively flat lying breccia (dipping -20 degrees to the southeast) as extrapolated by connecting the surface outcrop with holes PSG15-01 and PSG15-02.
- A second vertical hole from the same pad as PSGS15-01 intersected the zone at a depth of 25 metres but returned less spectacular results with 40.50 metres grading 2.35 metres including a high-grade interval of 25.80 g/t Au (uncut) over 2.70 metres. The flat lying nature of the breccia may be related to a syn or post mineral fold event lying on its side. The zone remains open along strike and to depth. A third hole (PSG15-03) was drilled directly down dip from the discovery outcrop to help determine the continuity of the zone. The 94 metre interval (not true width) averaged 1.78 g/t Au with a few higher grade sections including 8.00 metres of 11.25 g/t (not true width).
- The remote and thus underexplored project is part of what the Company has defined as the 25 kilometre Yellow Giant Trend which includes two other key target areas which to date have produced encouraging results which remain open and relatively untested.