Stratabound to Acquire California Gold Mining Inc. to Create a Combined North American-focused Gold Exploration and Development Company
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Tag: Golden Culvert Project
Stratabound Reports Latest Drill Results on Golden Culvert, Yukon Territory
- Drilling extended 200 meters beyond the 430 meters of strike drilled previously
- Four parallel gold-mineralized zones intercepted in the northern portion of a +30-ppb gold-in-soil anomaly featuring:
- High grade mineralized quartz vein and breccia core structures yielding up to 4.83 g/t gold across 1.5m down the hole,
- Broad zones of lower-grade mineralized wall-rock yielding up to 0.30 g/t gold over 24.5m flanking and inclusive of the higher-grade core structures.
Stratabound Minerals Corp. (TSXV: SB) (OTC Pink: SBMIF) (“Stratabound” or the “Company”) reports it has received complete assay results for the first six of seventeen drill holes completed on the Phase 2 diamond drilling program concluded late last fall at its flagship Golden Culvert Project in the southeastern Yukon Territory.