Mining News: Northern Neighbors: Goldstrike finds new Lucky Strike gold zone

Goldstrike Resources Ltd. Sept. 26 reported that trenching at its Lucky Strike property, located in the heart of Yukon’s White Gold District, has returned values of 0.42 g/t gold over 154 meters, including 3.0 g/t gold over eight meters. These results are from the Monte Carlo discovery zone, which measures 1,400 by 350 meters and remains open. Monte Carlo is one of four large gold-in-soil anomalies discovered at Lucky Strike. Other significant results from trenching at Monte Carlo include 0.21 g/t gold over 28 meters at trench 7; 0.58 g/t gold over 58 meters in trench 8; and 5.15 g/t gold over 6.8 meters in trench 9. Goldstrike said this initial trenching confirms that Lucky Strike has strong potential for a near-surface gold deposit similar to Goldcorp’s Coffee deposit and Kinross’ Golden Saddle deposit.

-Shane Lasley