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News Release - Monday, June 20, 2011
Strongbow Reports Drilling Is Underway At Parker Gold Mine
Property, North Carolina
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Strongbow Exploration Inc. (SBW: TSXV) is pleased to announce that
exploration drilling is underway at the Company's Parker gold mine
property, North Carolina. The 1,200 m drilling program is intended to
test two target areas within the property as follow up to bedrock
mapping, ground magnetic and geochemical surveys completed in April and
May, 2011.
Gold mineralization within the property is hosted within a series of
northeast and northwest striking quartz veins. Historic production,
estimated at approximately 10,000 ounces gold, consisted primarily of
hydraulic mining of saprolitic overburden surrounding these veins, as
well as a limited amount of underground tunnelling. (Please see
Strongbow news release #11-04 dated March 15, 2011 for more details).
Prospecting samples of vein material collected by Strongbow from near
the historic workings have returned from background values up to 7.3
g/t gold. Drilling will test these veins, as well as silicified and
sericite altered volcanic and sedimentary host rocks.
The Crystal Hill target, located 600 metres along strike from the
historic Parker mine workings, will also be tested during the program.
Geochemical sampling in the Crystal Hill area has defined a 200 m by
100 m multi-element geochemical anomaly coincident with altered
andesitic volcanic rocks that are anomalous in arsenic and other
pathfinder elements.
About the Parker gold mine Property
The Parker gold mine is located within the Gold Hill mining district of
the Carolina Slate Belt, approximately 30 km south of the Champion
Hills trend currently being explored by Revolution Resources (RV:TSX)
and Romarco Minerals (R:TSX). Gold Hill is the most productive gold
producing region of North Carolina with estimated past production of at
least 160,000 ounces. The Parker mine property is zoned for heavy
industrial use including a mining permit issued by the North Carolina
Department of Environment and Natural Resources.
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.
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 0.5 gram or 15
gram sample size and an aqua regia digestion. For all rock samples, 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. Rock
samples were analyzed using a 36 element mass spectrometer package and
a 15 gram sample size; those rocks returning >100 ppb gold are
re-evaluated using a 30 gram fire assay analysis with a gravimetric
finish.
Strongbow's 2011 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.
/s/"Kenneth A. Armstrong"
Kenneth A. Armstrong
President and CEO
For further information, please contact:
Ken Armstrong, President and CEO
Tel: 604 668 8355
Email: info@strongbowexploration.com
Website: www.strongbowexploration.com
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
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Copyright (c) 2011 STRONGBOW EXPLORATION INC. (SBW) All rights
reserved. For more information visit our website at
http://www.strongbowexploration.com/ or send
mailto:info@strongbowexploration.com
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Strongbow Exploration Inc.
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EXPLORATEUR |
CODE : SBW.V |
ISIN : CA8633631079 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Strongbow est une société d’exploration minière de nickel et de cuivre basée au Canada. Strongbow détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont 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 et WEST KITIKMEOT (NTI PROPERTIES) au Canada et AVOCA et PARKER (NORTH CAROLINA) en Irlande. Strongbow est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 5,5 millions CA$ (4,1 millions US$, 3,5 millions €). La valeur de son action a atteint son plus bas niveau récent le 21 novembre 2008 à 0,02 CA$, et son plus haut niveau récent le 18 février 2011 à 8,00 CA$. Strongbow possède 60 570 000 actions en circulation. |