Gold Strike Announces Encouraging Assays from Initial Exploration Gold Strike Two Project, Rogue Range, Yukon and Provides Corporate Update
Executive Summary
- Initial helicopter‑supported exploration on the Gold Strike Two project identified gold‑bearing RIRGS mineralization with assays up to 478 ppb Au and exceptionally high pathfinder element levels (e.g., >10,000 ppm As and Bi).
- Eighty rock samples were collected; three prospect zones returned >100 ppb Au, confirming the presence of sheeted quartz veins hosted in the Rogue Granitic Intrusive and associated hornfels.
- The company launched a new corporate website and entered into a US$250,000 advertising services agreement with Piccadilly Capital Group to support investor relations and marketing activities.
Key Details
- Assay Highlights – Gold assays >100 ppb (0.1 g/t) were obtained at three zones: Hornfels (max 478 ppb Au), Corner Store (406 ppb Au), TOR (217 ppb Au).
- Pathfinder Elements – Multiple samples showed off‑scale concentrations: arsenic and bismuth >10,000 ppm; tungsten up to 2,920 ppm; copper, molybdenum, silver also elevated.
- Sample Distribution – 80 rock samples collected across six prospect zones; 53 samples associated with defined prospects, 27 considered barren.
- Prospect Zones & Sample Counts
| Prospect Zone | # Samples | # >100 ppb Au | Max Au (ppb) |
|---|---|---|---|
| Hornfels | 7 | 2 | 478 |
| Corner Store | 6 | 1 | 406 |
| TOR | 14 | 2 | 217 |
| Up‑Ice | 9 | 0 | – |
| Argeren’s Daughter (8 samples) and Iron Sentinel (9 samples) also returned no Au >100 ppb. |
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Pathfinder Element Thresholds – Anomalous thresholds applied: Ag >1 ppm, As >100 ppm, Bi >1 ppm, Cu >1,000 ppm, Mo >10 ppm, Sb >1 ppm, Sn >10 ppm, W >50 ppm.
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Corporate Website Launch – New site at www.goldstrikeresourcescorp.com provides updated project information and investor materials.
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Advertising Services Agreement – Effective 27 Oct 2025; Piccadilly Capital Group to provide marketing services for three months post‑TSX‑V approval, fee US$250,000 (≈ C$350,350). No securities issued as compensation.
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CUSIP Update – Following the name change from Sanatana Resources Inc., CUSIP is now 38074C104; ISIN CA38074C1041.
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QA/QC Protocol – Samples processed by ALS Global (ISO 9001, ISO/IEC 17025) with chain‑of‑custody, fire assay for Au and multi‑element ICP‑MS analysis.
Notable Quotes
- Peter Miles, CEO: “It is indeed encouraging to discover a gold‑bearing RIRGS system with high levels of pathfinder elements… we have significantly upgraded the prospectivity of Gold Strike Two so quickly…”
- Buddy Doyle, President: “Stepping out of the helicopter for the first time on Gold Strike Two we immediately found mineralized boulder float… The systems are associated with the Rogue Intrusion, the largest Mayo‑suite intrusion in the district.”