VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/09/13 -- Goldstrike Resources Ltd. (TSX VENTURE: GSR)(PINKSHEETS: APRAF)(FRANKFURT: KCG1) is pleased to report that initial exploration drilling has resulted in the discovery of high grade gold mineralized shoots at both the VG Zone and the Goldstack Zone, 17 kilometres apart on its Plateau South property in Yukon. Both shoots remain open, confirming the significant potential of this extensive new gold mineralized system. Drill highlights are set out below. Full drill results are set out in the table following the description of the 2013 program at Plateau South.
Goldstack Zone (Discovery Hole PSGS13-04)
-- 2.28 grams per tonne gold over 53.0 metres -- including 4.05 grams per tonne gold over 28.0 metres -- including 10.91 grams per tonne gold over 10.0 metres -- including 16.19 grams per tonne gold over 6.0 metres -- including 25.87 grams per tonne gold over 3.0 metres
Gold Dome - VG Zone (Discovery Hole PSVG13-03)
-- 7.60 grams per tonne gold over 9.03 metres -- including 8.85 grams per tonne gold over 7.0 metres -- including 14.58 grams per tonne gold over 4.0 metres
The discovery drill hole at Goldstack was the last hole drilled in 2013, and intersected a high grade gold mineralized shoot averaging 10.91 grams per tonne gold over 10 metres within a larger intersection of 2.28 grams per tonne gold over 53 metres. This gold mineralized shoot was intersected at a shallow downhole depth of 8 to 61 metres and remains open. It is hosted within felsic metavolcanic rocks and hydrothermal breccia, associated with variable amounts of arsenopyrite and specks of visible gold found in rock and channel grab samples on surface. Last year's orientation hole and three other holes drilled in 2013 all intersected a mineralized gold-arsenic halo surrounding the high grade gold mineralized shoot that was intersected by hole PSGS13-04. Drill results to date indicate that the gold mineralized shoot plunges in a southeasterly direction, parallel to regional fold axes. Additional new areas of surface gold mineralization associated with macroscopic folds that have been found adjacent to and on trend 4 kilometres northwest of the Goldstack discovery present strong targets for the discovery of additional new gold mineralized shoots.
GOLD DOME - VG ZONE
The VG Zone discovery hole on Gold Dome was collared in gold-mineralized felsenmeer, and encountered gold at the bedrock interface only 3.55 metres below surface. This is the eroded top of a blind, high grade gold mineralized shoot grading 7.60 grams per tonne gold over 9.03 metres that extended from 4.57 metres to 13.6 metres downhole. The gold is hosted in felsic metavolcanic rocks cut by quartz stockwork and numerous quartz veinlets, some containing specks of visible gold and up to 5 per cent arsenopyrite and pyrite that form a halo around the gold mineralized shoot. As at Goldstack, the high grade mineralized shoot at VG is indicated to plunge in a southeast direction. It is aligned with the hinge of a large macroscopic fold that is exposed in a cliff face on Gold Dome northwest of the discovery area. In addition, several new target areas with high grade gold mineralization on surface were discovered on Gold Dome this summer outside the VG zone. New rock grab samples containing visible gold and assaying 351.49 grams per tonne (10.25 ounces per ton), 317.55 grams per tonne (9.26 ounces per ton), 157.87 grams per tonne (4.61 ounces per ton), 82.91 grams per tonne (2.42 ounces per ton), 55.52 grams per tonne (1.62 ounces per ton), 54.00 grams per tonne (1.58 ounces per ton), 45.05 grams per tonne (1.31 ounces per ton) and 21.26 grams per tonne (0.62 ounces per ton) show that there is a strong possibility of discovering additional gold mineralized shoots in the Gold Dome area.