Strongbow Exploration Inc.

Published : January 24th, 2011

Identifies 10 Geochemical Targets at Midway

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Keywords :   Gold Mine | Nickel |

 

STRONGBOW IDENTIFIES TEN GEOCHEMICAL TARGETS AT MIDWAY GOLD PROJECT, SOUTH CAROLINA

 

 

Strongbow Exploration Inc. (SBW: TSXV) is pleased to provide an update on exploration activities at its Midway gold project located in South Carolina, USA. Highlights include:

 

?         Results have been received for over 1,000 geochemical samples collected during the 2010 field program;

?         Ten discrete, multi-element geochemical anomalies have been identified within the Midway properties and represent priority targets for further evaluation in 2011;

?         Seven of the targets are located within the main Midway project area, including a robust 500 m by 300 m anomaly that is coincident with altered volcanic and sedimentary rocks exposed in streambeds;

?         Exploration is scheduled to recommence in early February with drilling planned to start in March 2011.

 

Initial results have been received for over 1,000 of approximately 1,300 geochemical samples collected from October through December 2010, including results covering approximately 90 percent of the Midway project properties. Ten discrete multi-element geochemical anomalies have been identified, including seven anomalies located within three kilometres along strike from Romarco s Haile gold mine property.

 

Geochemical surveys were completed on a nominal 100 m by 100 m grid and each of the ten anomalies has been defined by a minimum of five sample stations anomalous in gold plus various combinations of associated pathfinder elements including Mo, As, S, Pb, Cu and Zn. The highest priority target includes seven soil samples returning between 107 and 308 ppb gold and covers a 500 m by 300 m area coincident with previously described hydrothermally altered volcanic and sedimentary rocks exposed in local stream beds (please see Strongbow news release #10-07 dated October 21, 2010).

 

Remaining results from the 2010 exploration program are expected by mid-February, 2011 including final data from an airborne geophysical survey and geochemical surveys of over 4,000 acres of prospective private property to which the Company has secured permission to access.

 

Exploration of the Midway project is scheduled to recommence in early February. Initial work will consist of follow-up geochemical and ground geophysical surveys and drilling. Geochemical surveys will include infill sampling of identified targets, as well as regional work intended to identify new prospective areas within the Carolina Slate Belt. Ground geophysics will include magnetic and induced-polarization (IP) surveys of the highest priority target areas. An exploration drilling program is scheduled for March 2011.

 

About the Midway gold project

 

The Midway project consists of approximately 2,375 acres within the prospective, 16 kilometre (10 mile) Haile-Brewer gold trend in South Carolina. Most of the properties are located between Romarco Minerals Inc. s (R: TSX) Haile gold mine and Buzzard exploration properties. Current measured and indicated resources reported by Romarco for the Haile gold mine consist of 3.1 million ounces gold with additional inferred resources of 1.1 million ounces gold. Gold mineralization at the Haile mine, as well as at the nearby past producing Brewer mine, is hosted within volcanic and sedimentary rocks of the Carolina Slate Belt (CSB). A preliminary evaluation of the Midway project area has identified several geological characteristics reportedly associated with mineralization at the Haile and Brewer gold deposits. Strongbow is also working to identify and acquire additional gold targets within the Carolina Slate Belt,

 

About Strongbow Exploration Inc.

 

Strongbow is exploring for gold deposits within the Carolina Slate Belt of the southeastern United States, as well as magmatic nickel-copper sulphide deposits along the Snowbird Tectonic Zone in central Canada. Strongbow s management and board of directors have a proven track record of exploration success and a demonstrated ability to raise the capital required to finance its exploration programs.

 

All geochemical samples were submitted to Acme Analytical Laboratories in Vancouver, British Columbia.  They were analyzed using either a 36 or 53 element ICP mass spectrometer package, using either a 0.5g or 15g sample size and an aqua regia digestion.  A quality assurance/quality control (QA/QC) program is in place, with the insertion of standard, blank and field duplicate samples into the sample stream to confirm the accuracy of the reported results. Strongbow s exploration programs are conducted under the supervision of David Gale, P.Geo.(BC), Vice-President of Exploration for Strongbow and a qualified person under NI 43-101.

 

 

STRONGBOW EXPLORATION INC.

 

Strongbow Exploration Inc.

EXPLORATION STAGE
CODE : SBW.V
ISIN : CA8633631079
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Strongbow is a nickel and copper exploration company based in Canada.

Strongbow holds various exploration projects in Canada.

Its main exploration properties are COMMITEE BAY, KAT, INZA, SNOWBIRD, SPENCES BRIDGE GOLD BELT, SHOVELNOSE, NAPAKTULIK, FURY, SARCPA, SKOONKA CREEK, SOUTH THELON, STARFISH, WALES ISLAND, BEAR, DARING LAKE, HOPE BAY (ORO), TREE RIVER, ANIALIK, CANOE LAKE, KINGORA, LDG, TENACITY SOUTH, NORTH THELON, JEWEL, MUSK, NOWYAK LAKE, GEM, ULU SOUTH, MIDWAY GOLD PROJECT, BLUE LAKE, REGAN LAKE, NICKEL KING, MELVILLE - FURY/ SARCPA/ GEM, MELVILLE PENINSULA AVIAT 2 and WEST KITIKMEOT (NTI PROPERTIES) in Canada and AVOCA and PARKER (NORTH CAROLINA) in Ireland.

Strongbow is listed in Canada and in United States of America. Its market capitalisation is CA$ 5.5 millions as of today (US$ 4.1 millions, € 3.5 millions).

Its stock quote reached its lowest recent point on November 21, 2008 at CA$ 0.02, and its highest recent level on February 18, 2011 at CA$ 8.00.

Strongbow has 60 570 000 shares outstanding.

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Corporate Presentations of Strongbow Exploration Inc.
12/7/2011Corporate Presentation by the President and CEO
Financings of Strongbow Exploration Inc.
7/21/2016Closes Second and Third Tranche of Financing for Additional ...
6/29/2016Closes First Tranche of Financing for $1,790,000
2/14/2012Announces Private Placement Financing
5/16/2008Non-Brokered $300,000 Private Placement Closed
Project news of Strongbow Exploration Inc.
12/10/2012(Shovelnose)Drilling Completed at Strongbow's Shovelnose Gold Property, ...
11/13/2012(Shovelnose)Drilling Underway at Strongbow's Shovelnose Gold Property, B...
9/4/2012(Shovelnose)Work Underway at Strongbow's Shovelnose Gold Property, BC
8/7/2012(Snowbird)Options Snowbird Nickel Project to North Arrow Minerals
4/17/2012Plans Sonic Drilling Programs at the Midway and Ridgeway Gol...
10/13/2011(Shovelnose)Drilling Underway at Strongbow's Shovelnose Gold Property, B...
9/7/2011(Midway Gold Project)Completes Initial Drill Program at the Midway Gold Project, ...
8/17/2011(Shovelnose)Underway at Strongbow's Shovelnose Gold Property, BC
6/23/2011(Midway Gold Project)Expands Midway Gold Project and Acquires Properties Near Rid...
6/20/2011Reports Drilling Is Underway At Parker Gold Mine Property, N...
4/27/2011(Inza)signs option agreement on Inza property
4/14/2011(Midway Gold Project)Drilling Underway at Midway
4/1/2011(Parker (north Carolina))starts exploration at the Parker gold mine property
3/15/2011Acquires Historic Parker Gold Mine, North Carolina
1/25/2011(Shovelnose)Options Shovelnose Gold Property to Westhaven Ventures
1/24/2011(Midway Gold Project)Identifies 10 Geochemical Targets at Midway
7/16/2009(Kingora)Nickel King Metallurgical Study Confirms 78.4% Recovery Into...
2/25/2009(Nickel King)NI 43-101 COMPLIANT INDICATED AND INFERRED RESOURCE ESTIMATE...
6/25/2008(Nickel King) drills 12 m of 1.13% Ni at Nickel King
Corporate news of Strongbow Exploration Inc.
7/12/2016Strongbow Completes Acquisition of South Crofty Tin Project,...
6/29/2016Strongbow Closes First Tranche of Financing for $1,795,000
6/1/2016Strongbow files Technical Report and Resource Estimate for t...
6/1/2016Strongbow Announces Non-Brokered Unit Private Placement Fina...
4/19/2016Strongbow Releases NI 43-101 Resource Estimate for South Cro...
10/13/2015Strongbow Corporate Update
9/28/2015Strongbow Issues Incentive Stock Options and Appoints CFO
9/1/2015Strongbow Announces Corporate Changes and New Director
7/24/2015Strongbow Closes Acquisition of Two Alaskan Tin Projects and...
3/12/2015Increases Private Placement Financing from $500,000 to $1 Mi...
3/12/2015Strongbow Increases Private Placement Financing from $500,00...
3/10/2015Strongbow Announces Acquisition of Two Alaskan Tin Projects ...
3/24/2014Strongbow Announces Share Consolidation
1/9/2013(Shovelnose)Drilling Expands Gold Mineralization at the Shovelnose Prope...
9/27/2012Identifies High Priority Drill Targets at the Ridgeway Gold ...
6/26/2012Completes Sonic Drilling Programs in South Carolina Drills 2...
1/31/2012(Shovelnose)Reports First Exploration Drilling Results for Shovelnose Go...
11/28/2011(Inza)Porphyry Cu-Au-Mo Mineralization Drilled at Strongbow's Inza...
5/12/2011Strongbw Mobilizes Second Drill to Midway, SC
5/17/2010to Explore Gold Properties in BC
6/12/2008drills 14.85 m of 1.0% Ni at Nickel King
3/3/2008RETAINS CONTACT FINANCIAL FOR INVESTOR RELATIONS SERVICES
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