Stratabound Minerals Corp

Published : September 24th, 2014

Stratabound announces New Brunswick drilling program

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Keywords :   Iron | Lead | Silver | Zinc |

Stratabound announces New Brunswick drilling program

SB: TSX Venture Exchange

CALGARY, Sept. 24, 2014 /CNW/ - Stratabound Minerals Corp. (SB.V) announces that a drilling program is underway on its properties in the Bathurst Mining Camp of northern New Brunswick, beginning with Taylor Brook.  The drill will move on to the company's 100%-owned Captain claims within two weeks, following a pause for the moose hunting season, and then to the 65%-optioned Commander property.

One hole has been completed on the 100%-owned Taylor Brook property.  The hole was drilled to probe for mineralization beneath a shallow hole drilled by a previous owner in 1977, which intersected a 3.1 metre thick sulphide zone containing 1.6% zinc, 0.4% lead, and 0.5 oz/ton silver, including 0.7 metre that graded 4.0% zinc, 1.1% lead and 1.0 oz/ton silver.

The new hole has intersected two sulphide zones beneath a narrow magnetite iron formation.  A 2.7 metre thick upper zone contains 10% to 25% sulphides with thin (5 to 10 centimetre) semi-massive sulphide sections and modest amounts of zinc and lead.  A lower 7.9 metre thick mineralized zone contains 10% to 60%, locally semi-massive sulphides with visible zinc and lead bands and stringers, in apparently higher concentration than the upper zone.  Mineralized drill core is being split and will be submitted for assay.  Additional details will be provided when assays have been completed and received.

The technical information contained in this release has been reviewed by John Duncan, P.Geo. and Stan Stricker, P.Geol., Qualified Persons as defined in National Instrument 43-101.

Neither 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.

WARNING: the Company relies upon litigation protection for "forward looking" statements. The information in this release may contain forward-looking information under applicable securities laws.  This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information.  Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing.  Readers are cautioned not to place undue reliance on this forward-looking information.  The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.  

Read the rest of the article at finance.yahoo.com

Stratabound Minerals Corp

EXPLORATION STAGE
CODE : SB.V
ISIN : CA86268E1051
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Stratabound Min. is a zinc and lead exploration company based in Canada.

Stratabound Min. holds various exploration projects in Canada.

Its main exploration properties are CAPTAIN NORTH EXTENSION (CNE), SWAN, ELMTREE, RAMSAY BROOK / ELMTREE, BIG PRESQUE ISLE and MONTCALM AREA in Canada.

Stratabound Min. is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.6 millions as of today (US$ 2.9 millions, € 2.7 millions).

Its stock quote reached its highest recent level on December 28, 2000 at CA$ 1.00, and its lowest recent point on August 31, 2016 at CA$ 0.01.

Stratabound Min. has 145 850 000 shares outstanding.

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In the News and Medias of Stratabound Minerals Corp
1/3/2014and link to Mineweb article (BREAKING NEW GROUND)
1/1/2008New ideas at play
Annual reports of Stratabound Minerals Corp
2006 Annual Report
2005 Annual Report
Financings of Stratabound Minerals Corp
6/18/2014signs investor relations contract, announces first tranche c...
6/5/2014announces private placement financing
2/5/2014completes financing
2/5/2014closes private placement
10/11/2013COMPLETES FINANCING
10/1/2013ANNOUNCES FINANCING FOR DRILL PROGRAM
3/16/2012announces financing
12/31/2008Completes Private Placement Financing
12/8/2008announces private placement financing
4/19/2007Private Placement
4/11/2007Private Placement & article in today's New Brunswick Telegra...
Project news of Stratabound Minerals Corp
12/10/2014Stratabound exploration update
11/11/2014Stratabound announces Taylor Brook drill results
9/24/2014Stratabound announces New Brunswick drilling program
9/4/2014Stratabound updates exploration activities in Bathurst Distr...
5/21/2014Stratabound provides exploration update on Commander claims,...
5/2/2013MINING AND EXPLORATION UPDATE
2/22/2013Video of CNE Mine development as at Sat. Feb. 16
1/30/2013RECEIVES PERMITS TO MINE CNE OPEN PIT POLYMETALLIC DEPOSIT; ...
12/1/2011Stratabound receives upgraded CNE resource estimate; Xstrata...
2/16/2011reports copper drill results north of Captain & CNE deposits
7/29/2010(Captain North Extension (cne))extends CNE-Captain property
2/10/2010(Captain North Extension (cne))fourth CNE hole intersects thickest high-grade section to da...
2/1/2010(Captain North Extension (cne))intersects grades of 30.4% zinc at CNE; finds copper-cobalt ...
1/14/2010(Captain North Extension (cne))intersects high-grade zinc-lead-silver-gold
10/27/2009(Elmtree)Elmtree Gold drill results announced; moves towards Prelimin...
10/26/2009(Captain North Extension (cne))drilling on Captain & CNE claims
3/5/2008(Melchett Lake)Melchett Lake Update
2/27/2008(Elmtree Gold) reviews developments at Elmtree and Captain
2/14/2008(Elmtree Gold)Elmtree Resource Estimate
1/24/2008(Captain North Extension (cne)) Drills More Copper-Cobalt in Fourth Hole at Captain
12/20/2007(Captain North Extension (cne))Announces assays from Captain drilling
9/7/2007(Captain North Extension (cne))reports on drilling at Captain Property, New Brunswick
7/26/2007(Captain North Extension (cne))Drilling to Evaluate Captain Copper-Gold Deposit in New Brun...
6/18/2007(Elmtree Gold)Elmtree Project Update
5/2/2007(Big Presque Isle)ZONE AT BIG PRESQUE ISLE
4/9/2007(Big Presque Isle)Updates Big Presque Isle Gold Discovery
Corporate news of Stratabound Minerals Corp
10/2/2014Stratabound Announces Share Purchase by William Bell
9/3/2014Stratabound Announces Share Purchase by William Bell
9/2/2014Stratabound closes financing
6/18/2014Stratabound signs investor relations contract, announces fir...
6/5/2014Stratabound announces private placement
4/2/2014Stratabound Minerals Corp. - Exploration Update
1/23/2014News Release
1/2/2014announces private placement, director resignation
5/29/2013Revenue Update
2/25/2013Video 2 - Stratabound Minerals CNE Mine construction as at F...
11/1/2012REPORTS COPPER-GOLD-SILVER INTERSECTIONS ON COMMANDER CLAIMS
9/13/2011Stratabound uncovers bedrock mineralization on Lorenzo prope...
9/1/2011New Stratabound website
6/21/2010continues to hit sulphide mineralization in CNE drilling
4/26/2010raises $1.53 million for drilling
3/24/2010extends Captain deposit with deep undercut; agrees to $1 mil...
7/21/2009current projects
6/1/2009OPTIONS ELMTREE GOLD
2/18/2009Elmtree Gold Advances on Drill Results; Metallurgy Underway
12/2/2008Announces Financing with MineralFields Group
7/25/2008continues to hit impressive copper-cobalt intercepts in Capt...
12/14/2007Stratabound closes $2.5 million financing
11/28/2007Stratabound closes first tranche of financing
7/12/2007finds new gold showings in western New Brunswick
2/28/2007Drill Results
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