Goldstrike finds new Lucky Strike gold zone
Last updated 10/2/2016 at Noon
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.