The Conversation (4)
Strongbow Exploration Inc. (CVE:SBW) reports on an exploration update at the Midway gold project and the acquisition of four properties near the Ridgeway gold mine, South Carolina
The press release is quoted as saying:
Highlights include:
* Two drills remain in operation at Midway. Seven holes (1,310 m) have been completed to date in two target areas. Several zones of alteration, including molybdenite +/- chalcopyrite mineralization, have been encountered;
* Five additional option agreements have been signed at Midway, increasing the total project area to over 3,400 acres, including 1,000 contiguous acres between and adjoining the Brewer gold mine and the Buzzard gold prospect;
* Strongbow has acquired four properties (~450 acres) along strike from the past producing Ridgeway gold mine. Historic drilling on two of the properties defined gold mineralization over a 250 m strike length with assays from background levels up to 0.67 ounces gold per ton over five feet