Strikepoint Gold Inc.

Published : April 08th, 2014

StrikePoint Begins Exploration at Lobstick Gold Property

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Gold | Gold Mines | Market | Natural Gas | Oil |

StrikePoint Begins Exploration at Lobstick Gold Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 8, 2014) - StrikePoint Gold Inc. (the "Company" or "StrikePoint") (TSX VENTURE:SKP) is pleased to announce it has initiated line cutting and a geophysical survey at the Company's 100% owned Lobstick Gold Project, Wabigoon Subprovince, Ontario, Canada.

Insight Geophysics Inc. ("Insight") has been contracted to conduct the survey. Crews have commenced line cutting to establish a grid over the highly anomalous gold mineralization in a shear zone that has historical assays of 38.95 meters of 0.63 g/t Au. This mineralized shear zone represents a unique untested opportunity since it has never been tested below 25 meter vertical depth.

The rock types in the Wabigoon Subprovince area are similar to the Cameron Lake and Goliath gold deposits in the region. Sedimentary rocks proximal to the shear zone suggest similar geometry to Treasury Metal's Goliath Gold Deposit and Barrick's Hemlo Gold Mines; acting as both cap rocks and focusing mineralizing fluids.

Insight is a geophysical consulting and contracting company having specialization in direct current electrical methods and project management. The survey will measure the relative chargeability and resistivity of underlying rocks and delineate areas of increased sulphide mineralization within the shear zone. It will also allow comparison of previously encountered sulphide mineralization, to untested areas of potentially higher sulphides and gold-grades within the shear zone. The Insight "Array" was developed for maximum field efficiency and depth of investigation.

These Array survey will provide a greater understanding of the mineralization and rock types to help create targets for trenching and drilling.

John Florek, Technical Advisor of the Company and Qualified Person for purposes of National Instrument 43-101 has reviewed the technical information in this news release.

Additional information can be viewed at the Company's website www.strikepointgold.com.

On Behalf of the Board of Directors of StrikePoint Gold Inc.

Shawn Khunkhun, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively "forward-looking information") within the meaning of applicable securities laws relating to the success of the Project and the Option Agreement. Forward-looking information typically uses words such as "anticipate", "believe", "project", "expect", "goal", "plan", "intend" or similar words suggesting future outcomes, statements that actions, events or conditions "may", "would", "could" or "will" be taken or occur in the future. The forward-looking information is based on certain key expectations and assumptions made by the Company's management, including expectations and assumptions concerning prevailing commodity prices, exchange rates, interest rates, applicable royalty rates and tax laws; future production rates and estimates of operating costs; performance of existing and future wells; reserve and resource volumes; anticipated timing and results of capital expenditures; the success obtained in drilling new wells; the sufficiency of budgeted capital expenditures in carrying out planned activities; the timing, location and extent of future drilling operations; the state of the economy and the exploration and production business; results of operations; performance; business prospects and opportunities; the availability and cost of financing, labor and services; the impact of increasing competition; ability to market oil and natural gas successfully; the Company's ability to access capital, and obtaining the necessary regulatory approvals.

Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature they involve inherent risks and uncertainties. The forward looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Strikepoint Gold Inc.

EXPLORATION STAGE
CODE : SKP.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Strikepoint Gold is based in Canada.

Strikepoint Gold holds various exploration projects in Canada.

Its main exploration properties are ANGELINA, BERESFORD, STRIKE POINT, B20, BIRCH MOUNTAIN PROJECT, HIPPOGRIFF and ELEKTRA in Canada.

Strikepoint Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.5 millions as of today (US$ 2.6 millions, € 2.4 millions).

Its stock quote reached its highest recent level on March 17, 2000 at CA$ 7.40, and its lowest recent point on January 01, 2016 at CA$ 0.02.

Strikepoint Gold has 46 560 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Strikepoint Gold Inc.
1/10/2019Porter project yields 819 g/t for Strikepoint Gold
Corporate news of Strikepoint Gold Inc.
4/27/2016StrikePoint Closes Private Placement
2/2/2016StrikePoint Gold Inc. Intersects Broad Thickness of Signific...
12/14/2015StrikePoint Announces Appointment of Chief Financial Officer
10/19/2015Strikepoint Gold Inc. Awards Drilling Contract to Asinike Dr...
11/25/2014StrikePoint Announces First Phase of Exploration Ccomplete o...
9/18/2014StrikePoint Announces Appointment of Officers
6/24/2014StrikePoint Identifies Strong Gold Geophysical Anomalies at ...
4/8/2014StrikePoint Begins Exploration at Lobstick Gold Property
3/24/2014Strikepoint Gold Appoints John Florek As Techincal Advisor
3/24/2014StrikePoint Gold Appoints John Florek as Techincal Advisor
3/20/2014StrikePoint Options Angelina Project to JOVG
3/20/2014StrikePoint Options Angelina Project to JOVG
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (SKP.V)OTHER OTC (STKXF)
0.075+0.00%0.054+5.88%
TSX-V
CA$ 0.075
05/06 15:04 -
0%
Prev close Open
0.075 0.075
Low High
0.075 0.080
Year l/h YTD var.
0.040 -  0.090 50.00%
52 week l/h 52 week var.
0.040 -  0.090 15.38%
Volume 1 month var.
37,700 -6.25%
24hGold TrendPower© : 8
Produces
Develops
Explores for Copper - Gold - Nickel - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202450.00%0.090.04
2023-44.44%0.090.04
2022-28.00%0.150.05
2021-55.36%0.330.12
2020600.00%0.280.02
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.50+0.20%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.05+2.47%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-0.92%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64+1.93%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.84+4.55%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20-2.38%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+4.47%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 50.86+0.63%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :