GoldStrike Resources Ltd. is pleased to report that its partner, Newmont Mining Corp., has successfully completed the 2018 exploration program at the Plateau property in Canada’s Yukon Territory. The program represented the most comprehensive exploration work to date at Plateau. The recently completed program included 7,791 meters of diamond drilling with 2,880 core samples sent for assay. Other ground work included [...]
GoldStrike Resources is pleased to announce the completion of its previously announced plan of arrangement, which became effective at 12:01 a.m. on August 10, 2018. As part of the Arrangement, among other things: LuckyStrike Resources Ltd. indirectly acquired the Company's six 100% owned White Gold District properties, being the Lucky Strike, Hotspot, Bull's Eye, BRC, Gold Source and King's Ransom properties; Goldstrike [...]
GoldStrike Resources is pleased to announce that the Supreme Court of British Columbia has granted a final order approving the previously announced plan of arrangement. Completion of the Arrangement is subject to the satisfaction of customary closing conditions, including approval by the TSX Venture Exchange. As part of the Arrangement, among other things: LuckyStrike Resources Ltd. , a wholly-owned subsidiary of the Company, will indirectly acquire the Company's six 100% owned White Gold District properties, being the Lucky Strike, Hotspot, Bull's Eye, BRC, Gold Source and King's Ransom properties; Goldstrike shareholders will receive one common share of Luckystrike for every seven common shares of Goldstrike ... [...]
GoldStrike Resources is pleased to announce that, further to its news release dated June 25, 2018, it has received requisite shareholder approval for its previously announced plan of arrangement. Such approval was obtained at the Company's special meeting of shareholders that was held on July 26, 2018. As previously announced, pursuant to the Arrangement, among other things: LuckyStrike Resources Ltd. , a wholly-owned subsidiary of the Company, will indirectly acquire the Company's six 100% owned White Gold District properties, being the Lucky Strike, Hotspot, Bull's Eye, BRC, Gold Source and King's Ransom properties; Goldstrike shareholders will receive one common share of Luckystrike for every seven common sh... [...]
GoldStrike Resources is pleased to provide an update on the 2018 drill program at its 156 square kilometre Lucky Strike Property. Lucky Strike is located in the heart of the Yukon’s White Gold District and is 100%-owned by Goldstrike with no underlying payments or royalties. Diamond drilling began June 16th, 2018 in the Monte Carlo zone. Drilling will expand upon 2017’s 1033m drill program; the first drilling [...]
GoldStrike Resources is pleased to announce that the Supreme Court of British Columbia has issued an interim order authorizing, among other things, a special meeting of the holders of all of the issued and outstanding common shares of the Company to seek approval for a plan of arrangement under the Business Corporations Act, which was previously announced by the Company in its news release dated May 16, 2018. Pursuant to [...]
GoldStrike Resources is pleased to provide an update on the 2018 drill program for its 662 km2 Plateau Property in Canada’s Yukon. The district scale drill program is fully funded by Newmont Mining Corp. through its Canadian mining division and is forecast to include up to 10,000 meters of diamond drilling, with two drill rigs already onsite. Drilling at Plateau commenced on June 1, 2018 on a large new target [...]
GoldStrike Resources is pleased to provide details of the upcoming 2018 exploration program at its 100%-owned Lucky Strike Property, located in the heart of The White Gold District, Yukon. The program comes as a highly anticipated follow-up to 2017’s first ever drill program on the Monte Carlo zone and the discovery drill hole that returned 5.36 grams per tonne gold over 22 metres . It is anticipated that the [...]
Highlights: Goldstrike's six 100% owned properties with no underlying royalties or property payments in the White Gold District, Yukon to be spun-out as a standalone public company, Luckystrike Resources Ltd. Transaction intended to maximize value, allowing the White Gold District properties to be advanced on a standalone basis, while giving shareholders the optionality of participating in both companies. On completion [...]
VANCOUVER, British Columbia, April 30, 2018 -- GoldStrike Resources Ltd. is pleased to provide details of the 2018 exploration plans for its 662 km2 Plateau Property in Canada’s Yukon territory. The 2018 program will be fully funded by Newmont Mining Corp. through its Canadian mining division. The program, agreed at the April 24, 2018 JV meeting between Goldstrike and Newmont, will include up to 10,000 meters of [...]
VANCOUVER, British Columbia, Jan. 16, 2018 -- Goldstrike Resources Ltd. is pleased to report the results from the final hole of the 2017 Lucky Strike drill campaign. Hole DDLS-17-08 returned 3.04 g/t Au over 7.73 metres in diamond drill core. DDLS-17-08 was drilled at an azimuth of 2300 and was collared 40 metres west of discovery hole DDLS-17-09 that returned 5.36 g/t Au over 22 metres. DDLS-17-09 was drilled at an [...]
VANCOUVER, British Columbia, Dec. 11, 2017 -- Goldstrike Resources Ltd. is pleased to report that it has successfully completed the 2017 exploration season and is preparing for the official handover of the Plateau project to Newmont Mining Corp. . The Company incurred exploration expenditures in excess of $6,000,000 CAD and drilled over 2,900 meters in 2017. In addition, the Company had the benefit of the use of a number [...]