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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 Exploration Inc. (TSX VENTURE:SBW) is pleased to announce that exploration is underway at the Company's wholly owned Piltz Mountain, Mons Creek and Raven properties in the Chilcotin region of south central British Columbia. Current work includes stream silt geochemical surveys and prospecting and represents Strongbow's first evaluation of the properties, which 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 Chilcotin properties 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 considers the properties to be prospective for bulk tonnage gold mineralization similar to Amarc Resources (AHR-TSXV) recent Mt. Newton discovery where DDH09-04 intersected 141 m grading 2.01 g/t Au, and also for Cu-Au porphyry style mineralization similar to Taseko Mines Ltd. (TKO-TSX) Prosperity deposit which contains 2.0 billion pounds of copper and 4.7 million ounces of gold in proven and probable reserves. Please see Strongbow news release #10-01 dated February 1, 2010 for further information. Results of the current program will be used to prioritize areas for follow up exploration later this summer, including soil geochemical surveys, bedrock mapping, and geophysics. Strongbow's 2010 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. Kenneth A. Armstrong, President and CEO
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