Drilling Expands Gold Mineralization at The Shovelnose Property, BC
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Strongbow Exploration Inc. (SBW: TSXV) has been notified by Westhaven
Ventures Inc. (WHN: TSXV) that assay results have been returned from a
five hole, 778 m exploration drilling program completed at the
Shovelnose gold property, approximately 30 km south of Merritt, British
Columbia. The 2012 drilling program has expanded low sulphidation gold
mineralization at the Tower showing over a 220 metre east-west extent,
including drill hole SN12-04 which intersected 50.4 metres grading
0.54 g/t Au and 4.77 g/t Ag.
The majority of the 2012 drilling program focused on testing the Tower
Zone and the adjacent Tower Creek valley. The results from the 2012
drilling are summarized below in Table 1.
Drill Hole | ? | Zone | ? | From (m) | ? | To (m) | ? | Length (m) | ? | Au (g/t) | ? | Ag (g/t) | ? | Ag/Au |
SN12-01 | ? | Tower Creek | ? | No Significant Results | ||||||||||
SN12-02 | ? | Tower Zone | ? | 4.69 | ? | 60.96 | ? | 56.3 | ? | 0.22 | ? | 0.86 | ? | 3.9 |
SN12-03 | ? | Tower Zone | ? | 7.62 | ? | 10.66 | ? | 3.00 | ? | 0.26 | ? | 0.51 | ? | 2.0 |
? | ? | ? | ? | 23.44 | ? | 34.49 | ? | 11.05 | ? | 0.23 | ? | 0.65 | ? | 2.8 |
? | ? | ? | ? | 39.62 | ? | 59.51 | ? | 19.90 | ? | 0.11 | ? | 0.39 | ? | 3.4 |
SN12-04 | ? | Tower Creek | ? | 20.90 | ? | 71.32 | ? | 50.42 | ? | 0.54 | ? | 4.77 | ? | 8.8 |
incl. | ? | ? | ? | 27.12 | ? | 40.84 | ? | 13.72 | ? | 0.91 | ? | 6.65 | ? | 7.31 |
also incl. | ? | ? | ? | 53.03 | ? | 56.08 | ? | 3.05 | ? | 1.27 | ? | 18.61 | ? | 14.6 |
SN12-05 | ? |
| ? | No Significant Results |
Table 1:2012 drill assay results. True widths are not known
due to limited drilling.All significant intervals contain gold
grades greater than 0.1 g/t Au, with no more than 3 consecutive metres
of material grading less than 0.1 g/t Au.
Drill holes SN12-02, SN12-03 and SN12-04 were all positioned to
follow-up 2011 drill hole 11SH-04 which tested the Tower Zone and
returned 55.8 metres grading 0.21 g/t Au and 0.78 g/t Ag. SN12-02,
collared 27 m northeast of 11SH-04 and drilled vertically, returned
comparable results (56.3 m grading 0.22 g/t Au and 0.86 g/t Ag). Drill
hole SN12-03 was collared 26 m northeast of SN12-02, drilled at an angle
of -450 to the northeast, and intersected a slightly more
discontinuous mineralized interval. SN12-04, collared 115 m to the
southwest of SN12-02, was drilled at a -450 angle to the
southwest to test the Tower Creek valley and returned the best results
of the program, intersecting 50.4 metres grading 0.54 g/t Au and 4.77
g/t Ag, which includes 13.7 metres grading 0.91 g/t Au and 6.65
g/t Ag. Together these four holes define a 220 metre wide east-west
mineralized system consisting of dark grey, variably pyrite bearing,
quartz veins and silica flooding. Mineralization is hosted within a
strong to intense silica altered sequence of heterolithic rhyolite
lapilli tuffs of the Pimainus Formation ? Spences Bridge Group. The
geometry of mineralization is unknown but is interpreted to be crudely
stratiform, as well as fault zone hosted in the case of the westernmost
hole, SN12-04. It is presently unclear how this mineralization relates
to the bonanza grade epithermal quartz veins, ranging from background
values up to 38.2 g/t gold and 93.7 g/t Ag, previously discovered at the
Mik Zone and located 275 m to the southwest.
Drill hole SN12-01 tested the Tower Creek valley 380 metres northwest of
SN12-04 and encountered weak to moderate silicification with locally
anomalous gold values. A resistivity anomaly located east of the SN12-01
drill collar suggests that a northern extension of the strong
silicification and gold mineralization encountered in SN12-04 could
occur further to the east of, and have been missed by, SN12-01. Drill
hole SN12-05 tested the center of a 1,100 m long, northwest trending
gold-in-soil geochemical anomaly, located 720 m to the north of the
Tower Zone. No significant results were returned from this drill hole,
however several zones of weak to moderate silica and clay alteration
were encountered along with locally anomalous gold values.
David Gale, Vice President of Exploration for Strongbow concluded, 'The
Tower Creek valley remains the most compelling target on the Shovelnose
gold property. The mineralized and silica flooded felsic tuffs
encountered in SN12-04 occur in the centre of a 1,400 m long geophysical
and geochemical anomaly with elevated gold, arsenic, mercury, antimony
and molybdenum. The silver/gold ratios observed in drill hole SN12-04
increase with depth and, coupled with the consistently elevated arsenic,
antimony and mercury diagnostic epithermal pathfinder suite identified
in all four Tower Zone drill holes, suggests the presence of a high
level, low sulphidation epithermal gold system. This target requires
further drilling to evaluate the Tower Creek valley area at depth.?
Westhaven is currently working to earn up to a 70% interest in the
Shovelnose property, including an initial 51% interest by incurring $1.5
million in exploration expenditures over a three year period and issuing
a total of 300,000 common shares to Strongbow. Within 12 months of
having earned its 51% interest in the property, Westhaven will have the
option to increase its total property interest to 70% by issuing an
additional 500,000 shares to Strongbow, and incurring an additional $1.5
million in exploration expenditures.
Spences Bridge Gold Belt
The Shovelnose property is located within the Spences Bridge Gold Belt
(SBGB) which is defined by a series of epithermal gold occurrences
within the volcanic rocks of the Spences Bridge Group extending over a
100 kilometre long trend between Shovelnose Mountain and the Spences
Bridge area of BC. The Shovelnose Gold project is one of two Strongbow
projects within the SBGB. The drill results reported herein, combined
with results from the Skoonka Creek gold property (Strongbow 65.74%),
which include 20.2 g/t Au and 7.27 g/t Ag over 12.8 metres at the JJ
Zone, have confirmed that the relatively underexplored volcanic rocks of
the Spences Bridge Group are highly prospective for epithermal style
gold mineralization. Including the Skoonka Creek project, Strongbow has
exposure to approximately 28,000 ha of mineral claims within the SBGB,
all of which are situated close to power and transportation
infrastructure.
Qualified Person Statement
All drill samples and analytical data for the 2012 Shovelnose
drilling program were collected under the supervision of L. John Peters,
P. Geo, and Project Geologist for Westhaven.David Gale, Vice
President of Exploration for Strongbow Exploration Inc. and a 'Qualified
Person? within the meaning of National Instrument 43-101 Standards of
Disclosure for Mineral Projects ('NI 43-101?), is responsible for
compiling the technical information contained in this release.Mr.
Gale has not verified all the assay data generated by Westhaven as
project operator, however Mr. Gale has reviewed the drill core from the
program and the grades and widths reported here agree well with
Westhaven′s past results on the project. Drill core samples were
submitted to Acme Analytical Laboratories in Vancouver, British
Columbia. They were analyzed with a 36 element ICP mass spectrometer
package, using a 15 gram sample size and an aqua regia digestion. A
quality assurance/quality control (QA/QC) program is in place that
includes the insertion of gold standards into the sample stream to
confirm the accuracy of the reported results. Those rocks returning >100
ppb gold are re-evaluated using a 30 gram fire assay analysis with an AA
finish.
STRONGBOW EXPLORATION INC.
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The TSX Venture Exchange has not reviewed, and does not accept
responsibility for the adequacy of this release.
To view this press release as webpage please click on the following
link
http://www.usetdas.com/pr/strongbow01092013.htm
For further information, please contact:
David Gale,
604-668-8355
Vice-President, Exploration
info@strongbowexploration.com
www.strongbowexploration.com