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SBW Strongbow Exploration Inc

0.09
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Last Updated: 01:00:00
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 Stakes New Claims in South Central British Columbia

01/02/2010 4:35pm

Marketwired Canada


Strongbow Exploration Inc. (TSX VENTURE:SBW) is pleased to announce the
acquisition, by staking, of the Piltz Mountain and Mons Creek exploration
properties in the Chilcotin region of south central British Columbia. The Piltz
Mountain and Mons Creek claim packages total 200 km2 and were staked based on
the coincidence of multi-element stream sediment geochemical anomalies and
prospective underlying geology. The geochemical anomalies were identified in the
Government of British Columbia regional stream sediment database and include
elevated gold values ranging from 10 to 920 ppb. The geology underlying the area
consists of multi-staged intrusive rocks hosted within andesitic to dacitic
flows and breccias. A younger Chilcotin basaltic cover sequence irregularly
overlies these older rocks. Very limited historic work has been reported in the
area.


Strongbow considers both properties to be highly prospective for a number of
mineralization styles including porphyry copper-gold mineralization (similar to
the Prosperity Cu-Au porphyry deposit located 50 km to the southwest), low
sulphidation epithermal gold mineralization (similar to the historic Blackdome
mine located 40 km to the southeast) or transitional porphyry to epithermal
style mineralization similar to the newly discovered Mt. Newton prospect located
50 km to the northwest. The 487 million tonne Prosperity deposit (Taseko Mines
Ltd. (TKO-TSX)) is one of the largest known porphyry Cu-Au deposits in British
Columbia and contains 2.0 billion pounds of copper and 4.7 million ounces of
gold in proven and probable reserves. The Blackdome mine was in operation for
five years, from 1986 to 1991, and produced seven million grams (225,000 ounces)
of gold and 17 million grams (547,000 ounces) of silver (Sona Resources Corp.
(SYS-TSXV)). Recent drilling results reported by Amarc Resources (AHR-TSXV) at
the Mt. Newton property (DDH09-04 intersected 141.0 metres grading 2.01 g/t Au
and 10 g/t Ag) highlight the potential to make new discoveries in this highly
prospective area of British Columbia.


The new mineral claims are situated 90 km southwest of the regional centre of
Williams Lake and have excellent access that benefits from a network of logging
roads. Strongbow intends to evaluate the properties early in the 2010
exploration season by completing stream silt and soil geochemical surveys and
prospecting. The Piltz Mountain and Mons Creek properties compliment Strongbow's
portfolio of British Columbia based exploration properties, including the Inza
Cu-Au-Mo porphyry target in the Fort St. James area and the Shovelnose
epithermal gold target south of Merritt. Strongbow's 2010 exploration programs
are conducted under the supervision of David Gale, P.Geo. (BC/NT),
Vice-President of Exploration for Strongbow and a qualified person under NI
43-101.


STRONGBOW EXPLORATION INC.

Kenneth A. Armstrong, President and CEO

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