Vancouver, British Columbia; September 09, 2015 – StrikePoint Gold Inc. (TSXV: SKP and OTCQX: STKXF) is pleased to announce results from trenching and metallurgical tests from the high grade gold Angelina Property located at the south-eastern end of the Rice Lake Gold Belt in Manitoba.
The Angelina Property consists of the discovery of two high-grade, gold-bearing, quartz veins. Previously announced grab samples from the veins have returned bonanza-grade gold of up to 199.0 g/t Au and 371 g/t Ag in a project area termed the “Hot Zone.” This is the focus of ongoing exploration.
The field program consisted of trenching and mapping in the “Hot Zone.” Trenching continued to expose and expand the strike length of the Vein 1 quartz-vein, which currently has an estimated strike length of +100 meters (see Press Release November 25, 2014). Both the vein material and wall rock were sampled. New trenching also discovered additional veins for follow-up exploration with anomalous values.
Assay results along the additional exposures of Vein 1 returned more promising values:
|Sample ID||Vein 1-Au g/t|
A 20 kg sample of the gold-bearing quartz vein was sampled and sent to ACT Labs. This sample was sent to determine and compare the recovery of gold from a sample via flotation and gravity tests. The Gravity Recoverable Gold (GRG) Test determines the amenability of the gold in the ore to gravity recovery and provides an estimate of the amount of gold that could potentially be recovered by a Knelson Concentrator. Flotation uses collectors, depressants, and frothers to selectively float sulfide minerals and produce a sulfide concentrate containing gold.
The results demonstrated that a combination gravity concentration and flotation circuit should provide recoveries in excess of 80%. However, in both recovery and grade, the flotation test produced better results, which indicated gold recovery is more amenable via a flotation circuit.
John Florek, Technical Advisor of the Company and Qualified Person for purposes of National Instrument 43-101 has reviewed the technical information in this news release.
Additional information can be viewed at the Company’s website www.stikepointgold.com.
On Behalf of the Board of Directors of Strike Point Gold Inc.
Shawn Khunkhun, President, CEO