The property features an extensive system of
high-grade, gold- and silver-rich quartz veins and breccias.
Strategic
Metals Ltd. (SMD:TSX.V) announced in a news release some results from the first two phases of
the 2019 exploration program at its Mount Hinton property in the Yukon's Keno
Hill District.
In the first phase, Strategic Metals expanded soil sample coverage and
commenced prospecting in recently identified soil anomalies in water from a
placer creek. This was the first rock sampling done at the main anomaly
targeted, which was 3.5 kilometers (3.5 km) long by up to 1.5 km wide.
Through rock sampling, the company identified a "linear train of vein
quartz and brecciated vein extending 230 meters (230m) northeasterly,"
the release described. "That returned 2,340 grams per ton gold (2,340
g/t) and 597 g/t silver.
Also identified was a parallel train of vein quartz and breccia 150m to
the east, from which float samples returned these grades: 6.11 g/t gold and
165 g/t silver; 1.64 g/t gold and 363 g/t silver; and 2.03 g/t gold and 306
g/t silver.
In phase two, the company conducted geological mapping, additional
detailed prospecting, infill soil sampling and following up on rock samples
obtained in phase one. Assays are pending.
Re-examination of the area from which the multiounce gold sample came
revealed visible gold "within limonitic vein quartz float,"
according to the release. "Large blocks and finer talus of vein material
mixed with oxidized brecciated vein quartz were also found."
On mapping and prospecting, Strategic Metals identified several other
mineralized veins elsewhere within the Granite Creek drainage. The largest is
up to 2m wide and intermittently exposed for 75m along strike on Granite
Creek basin's western side.
The company plans to start phase three of its exploration program later
this month.
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