StrikePoint Gold has declared that the preliminary drilling campaign has been completed at the Pokiok Batholith project located in New Brunswick.
This project includes 244 claims, covering 5468 ha, and is situated approximately 48 km towards the western part of Fredericton. It is also located at the faulted junction between the Allandale granite towards west and the Hawkshaw granite towards east. The company is controlling the fault zone of more than 15 km. The zone features the existence of mineralized boulders, which have been discovered through trenching and mapping campaigns.
The company drilled 1176 m, totaling five holes, in the focused area, to exactly localize the fault zone position. Then, it drilled a hole to 588 m, dipping 55°, about 1.7 km towards the northern part of the first five drill holes.
Unaltered granite along with many hydrothermally altered granite intervals was intercepted in hole #1. The fault alteration zone was intersected in majority of the core from Holes #2 to #6. These holes include dispersed chalcopyrite and pyrite in varying amounts as well as some clusters of denser chalcopyrite, galena, pyrite and sphalerite.
StrikePoint has logged and sampled the initial three holes and is expecting the logging and sampling programs to resume for two weeks. The company is waiting for assay results and will report those results once obtained and assessed.
According to StrikePoint’s Chairman, Richard Boulay, the company’s preliminary drilling campaign conducted at the Pokiok project has created the nature and location of the fault zone mineralization. The program includes silicified fault gouge and breccia having a clear thickness of up to 300 m. The company will commence additional surface sampling and mapping operations along the mapped fault zone of 15 km long, once the core sample results are received and assayed.
Source: http://www.strikepointgold.com/
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