ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SBW Strongbow Exploration Inc

0.09
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Strongbow Exploration Inc TSXV:SBW TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.09 0.085 0.09 0 01:00:00

Strongbow Returns 66.9 g/t Gold at the Shovelnose Property, BC

02/12/2009 1:45pm

Marketwired


Strongbow Exploration (TSXV:SBW)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Strongbow Exploration Charts.

Strongbow Exploration Inc. (TSX VENTURE: SBW) is pleased to report results from a recent exploration program on its wholly owned Shovelnose gold property in southwestern British Columbia. The mineral claims are located near the southern end of the Spences Bridge gold belt, approximately 175 km east of Vancouver and 30 km south of Merritt along the Coquihalla Highway. Exploration activities included approximately 350 m of mechanized trenching in 14 trenches intended to further evaluate the Mik and Line 6 gold showings. Gold mineralization occurs within massive to colloform banded quartz veins and local vein breccia zones, hosted within moderately to strongly altered felsic volcanic rocks.

Three of the 2009 trenches tested the Mik area with a best result of 2.9 m grading 2.7 g/t Au and 18.1 g/t Ag. A separate chip sample collected from a 12 cm thick quartz vein from within this 2.9 metre interval returned 66.9 g/t Au and 75 g/t Ag. This high grade vein exhibits a bladed quartz texture, suggestive of a boiling zone within an epithermal vein system, and is interpreted to be the continuation of multiple high grade, colloform banded veins that have now been traced over a strike length of 45 metres. In 2008, these veins returned gold grades ranging from 1.0 g/t to 46.3 g/t. Overall the Mik showing has been defined over a width of 170 metres based on multiple quartz veins and could have a north-south strike extent of up to 550 metres based on the location of a 2008 float sample that returned 119.4 g/t Au and 271 g/t Ag.

The remaining eleven trenches tested the Line 6 showing as follow up to trenching completed in 2008 which returned a best result of 5.1 g/t over 6.0 m. Five of the 2009 trenches have returned anomalous gold mineralization ( greater than 150 ppb gold) over widths ranging from 5 to 21 metres, with a best result of 0.8 g/t gold over 21 m, including 4.9 g/t gold over 2.0 m. Similar to the Mik showing, Line 6 mineralization is focused within narrow, north-northeast trending quartz veins. Mineralization has now been identified in bedrock over an east-west extent in excess of 400 m. In the eastern Line 6 area, a series of recently discovered quartz veins define a quartz rich corridor ranging up to 40 metres wide and extending 120 m southwards into two trenches from 2008 which returned 2.0 m grading 17.0 g/t Au and 4.0 m grading 3.35 g/t Au. This area of veining remains open along strike to the north and south, as well to the east and west where more parallel veins could be discovered.

Overall, mineralization at the Mik and Line 6 showings is hosted within quartz veins and breccia zones, with very limited gold mineralization within altered felsic volcanic host rocks. Exposure is generally very poor and trenching has allowed a better evaluation of potential host structures. Future work will include detailed ground geophysical and soil geochemical surveys to better define potential structures that could represent conduits for gold bearing fluids and potential drill targets.

Strongbow's 2009 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. A quality assurance/quality control program is in place, with the insertion of standard, blank and field duplicate samples into the sample stream. All samples from the field program were submitted to Acme Analytical Laboratories of Vancouver, BC for analysis. All samples are analyzed by 36 element ICP-MS using aqua regia digestion. All samples that returned gold values greater than 100 ppb were re-analyzed using a standard fire assay technique on a 30 g sample split.

STRONGBOW EXPLORATION INC.

Kenneth A. Armstrong, President and CEO

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.

Contacts: Strongbow Exploration Inc. Ken Armstrong President and CEO 604 668 8355 604 668 8366 (FAX) info@strongbowexploration.com www.strongbowexploration.com

1 Year Strongbow Exploration Chart

1 Year Strongbow Exploration Chart

1 Month Strongbow Exploration Chart

1 Month Strongbow Exploration Chart