Welcome To The Strike Minerals Inc. HUB On AGORACOM

Strike Minerals is a mining exploration and development company focused on it’s Edwards Gold Mine property in Wawa, Northern Ontario.

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Strike Minerals Inc. Profile

The Company’s principal business activity has been the acquisition, exploration and development of high potential mineral properties, with a focus on gold.

Edwards Property

In April of 2002 Strike acquired the Edwards Mine Property from River Gold Mines. The claims are located 50 kms. northeast of Wawa, Ontario. Geologically the property lies in the center of the Goudreau-Lochalsh Deformation Zone (GLDZ), which hosts the majority of known gold deposits in the region. The Edwards-Cline Shear zone, which crosses the Edwards Mine property, is the dominant structure in the area. Numerous tension shear/fracture zones branch obliquely from this feature and several tested zones contain known high grade gold in quartz vein type deposits. Strike has proven the existence of 5 veins with significant grades parallel to the mined Porphyry and Carbonate veins.

Strike also has a large land position in the Hemlo West area near Schreiber, Ontario. The Property has a number of historic producers that produced small tonnages of very high grade gold mineralization, averaging approximately 18-25 g/t gold, between 1935 and 1937 generally associated with shear zones in the region. Strike will conduct an initial program of surface geological and alteration mapping on the Property with a goal of increasing the understanding of the geologic and structural relationships on the Property in preparation for drill testing to assess the extent and value of the mineralization.

Last changed at 28-Mar-2013 11:05AM by StevieRay