A DISTRICT SCALE GOLD DISCOVERY
Goldstrike Resources’ Plateau Property is a newly discovered, district-scale gold system in the Selwyn Basin, 120 km east of Mayo, Yukon Territory. It is comprised of 3167 contiguous quartz claims, covering 662 sq km.
Plateau’s gold mineralization occurs across 50 km of strike within extensive sequences of quartz stockwork and hydrothermal breccias. Host rocks are Lake Proterozoic sedimentary rocks of the Yusezyu Formation (580 Ma) that have been metamorphosed to greenschist faces and deformed by northeast-directed folding and thrust faulting. Two granitic stocks of mid-Cretaceous age have intruded the Proterozoic rocks along the property’s southern boundary.
Since 2010, the property has seen relatively little exploration. From 2012 to 2017 Goldstrike drilled 68 diamond drill holes totalling 7026 meters. In 2017, an option agreement was reached with Newmont Mining. Under Newmont, an additional 26 holes were drilled in 2018 totalling 7752 meters.
Also performed by Newmont was a property-wide airborne electromagnetic survey (SkyTEM), airborne magnetic survey, LiDAR survey, and a proprietary regional stream sediment survey (BLEG).
Significant drill results include 13.25 g/t Au over 17.5m at the Goldstack Zone and 7.6 g/t Au over 9.03m at the Gold Dome Zone (18km away).
As it stands today, the majority of the claims are in good standing until 2030 and beyond.