Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: SKP; STKXF

Explorer Drilling Two BC Projects to Maximize Time
News Update

Share on Stocktwits

Source:

While StrikePoint Gold is waiting for assay results from its Willoughby project, it is shifting its focus to the Porter Silver property.

In a news release, StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced that while it awaits assays from phase 1 drilling at its Willoughby gold-silver project, it will explore for new and extension veins at its Porter silver property, both in British Columbia.

"Our primary goal is to discover new silver veins in order to connect the Silverado mine on the north side with the Prosperity/Porter Idaho mines on the south side of the mineralized structural corridor," President and CEO Shawn Khunkhun said in the release.

At Porter, the veins that StrikePoint Gold intends to target are ones that are outside of the historical resources and past producing parts of the property. The Vancouver-based company plans to prospect in areas that have been newly exposed due to movement of the Silverado glacier. To obtain samples from the steeper parts of this virgin terrain, the explorer noted it will employ experienced mountaineering crews and climbing geologists.

Regarding Willoughby, the assays for 62 collected surface samples and seven drill holes over 1,700 meters are pending. In the interim, StrikePoint Gold will maintain the drill pads and infrastructure at the property for potential follow-up drilling.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: StrikePoint Gold. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.





Want to read more about Gold and Silver investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe