Strongbow Completes Sonic Drilling Programs in South Carolina Drills 28.96 m Grading 0.97 g/t Au At Ridgeway
Strongbow Exploration Inc. (SBW: TSXV) is pleased to announce it has
completed initial sonic drilling programs at the Midway and Ridgeway
gold projects, South Carolina. This work included an initial test of the
Lloyd zone at Ridgeway where hole SDH-RS12-02 returned 28.96 m grading
0.97 g/t Au, 8.4 g/t Ag, and 1,840 ppm Mo, including 4.57
m grading 3.3 g/t Au, 42.0 g/t Ag and 6,960 ppm Mo.
Ridgeway
A total of six holes tested three targets at the Ridgeway project. Two
holes drilled 15 metres apart at the Lloyd zone encountered well
developed hydrothermal alteration and gold mineralization from top to
bottom, with SDH-RS12-01 returning 28.04 m grading 0.44 g/t
Au, 1.7 g/t Ag and 145 ppm Mo and SDH-RS12-02 returning 28.96
m grading 0.97 g/t Au, 8.4 g/t Ag, and 1,840 ppm Mo,
including 4.57 m grading 3.3 g/t Au, 42.0 g/t Ag and 6,960
ppm Mo. This mineralized exhalative vent system is located three
kilometres southeast of the North Pit at the Ridgeway mine. Based on
current and historic exploration data, the Lloyd zone is estimated to
dip moderately (45-50 degrees) to the north and has a minimum 300 metre
east-west strike extent. Historic drilling tested the zone to only
shallow depths, typically less that 100 m, and further drilling is
required to fully test the depth extent of this prospect. Three of the
remaining four Ridgeway sonic holes, testing two separate target areas,
encountered hydrothermal alteration with associated, locally anomalous,
gold and molybdenum values within mafic to felsic volcanic rocks. One of
these targets represents a new discovery and is located 5 km east of the
Ridgeway North Pit. SDH-RS12-06 returned values from background up to
157 ppb Au, and is situated within a 700 m by 400 m gold, molybdenum and
arsenic soil geochemical anomaly, in an area where strongly sericite
altered felsic volcanic rocks and siliceous exhalites have been mapped
at surface. Both target areas require additional sonic drilling, as well
as ground geophysical surveys to further define diamond drill targets.
Midway
At the Midway project, a total of seventeen sonic drill holes were
completed within nine target areas. Local development of hydrothermal
alteration was identified in four areas including weakly elevated gold
values ranging from background up to 119 ppb. Six of the sonic drill
holes were collared in close proximity to Romarco′s Haile gold mine
property and variably intersected volcanic or fine grained sedimentary
rocks. Elevated gold with anomalous molybdenum, spatially associated
with the contact between the volcanic and sedimentary rocks, highlights
the exploration potential of this area which is 2,000 metres along
strike to the northeast from the Haile gold mine deposits. Results
indicate that further sonic drilling is required to help map the
location of this important volcanic-sediment contact in the Midway area
and better position future diamond drill holes.
All sonic holes were drilled vertically and ranged in depth from 6.71 m
to 32.61 m. Sonic drilling allows for complete recovery of sand and
saprolite overburden, as well as underlying bedrock, and drilling was
typically terminated once sufficiently competent rock had been
encountered to allow for identification of bedrock type and any
accompanying alteration or mineralization. Sonic drilling is intended to
better define the complex geology beneath overburden within each target
area and is not considered a definitive test of each exploration target.
About the Midway and Ridgeway Projects
The Midway project is located within the prospective, 16 kilometre (10
mile) Haile-Brewer gold trend in South Carolina. All of the Midway
properties are located adjacent to either the past producing Brewer gold
mine or properties owned by Romarco Minerals Inc. (R-TSX) including the
Haile gold mine and Buzzard properties. Current measured and indicated
resources reported by Romarco for the Haile gold mine consist of 4.0
million ounces gold with additional inferred resources of 0.8 million
ounces gold. Gold mineralization at the Haile and Brewer mines, as well
as at the nearby Buzzard prospect, is hosted within volcanic and
sedimentary rocks of the Carolina slate belt (CSB).
The Ridgeway project covers a prospective area of the CSB located along
strike to the east of Rio Tinto′s past producing Ridgeway gold mine. The
Ridgeway mine is also located within the CSB and produced approximately
1.5 million ounces of gold between 1988 and 1998.
Strongbow′s 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 |
? |
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
For further information:
Ken Armstrong, 604-668-8355
President
and CEO
info@strongbowexploration.com
www.strongbowexploration.com