Welcome To The Strikepoint Gold HUB On AGORACOM

Focused on the Rice Lake Gold Belt

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Message: Lets hope they found some gold

I heard results coming out next week.

The first hole of the 2011 program (11SP-01, -50 degree dip) intersected a 25 metre (core width) interval of Shoreline Basalt at a depth of 293 meters. The basalt occurs within a broader 51m (core width) interval of deformed, intensively carbonate-chlorite (±sericite) altered andesitic volcaniclastic rocks. The Shoreline Basalt is underlain by a further two zones of moderate to pervasively sericite-carbonate-chlorite altered intermediate volcaniclastic rocks occurring at depths of 379 and 435 metres. The lower alteration zones occur over widths of 5.3 and 2.6 metres, respectively, and host numerous narrow (5-10 centimetres) quartz-carbonate veins containing up to 0.5% pyrite mineralization. A second, steeper (-65 degree) drill hole (11SP-02) has been collared from the same setup in an effort to further define these significant zones of alteration and deformation deeper at an anticipated downhole intercept depth of approximately 350 meters. The entire interval of Shoreline Basalt encountered in drill hole 11SP-01 has been sampled for fire assay analysis with results anticipated within a few weeks.

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