SYS-CON MEDIA Authors: Vormetric Blog, Jason Bloomberg, Liz McMillan, Pat Romanski, Elizabeth White

News Feed Item

Lucky Strike Resources Ltd. - Jewellery Box Exploration Update

VANCOUVER, Dec. 28, 2012 /PRNewswire/ - International Samuel Exploration Corp. (ISS: TSX-V) and Lucky Strike Resources Ltd  (LKY:TSX-V) (the "Companies") presents an exploration update on the Jewellery Box Property 2012 exploration program.  The companies undertook an extensive exploration program on the Jewellery Box property consisting of detailed IP geophysics, soil sampling, regional mapping and ultimately resulted in a drill program.

The companies engaged the services of Peter Walcott and Associates Limited to undertake a 12 line kilometre induced polarization program. The core of the survey was designed to test an area where historic soil and rock geochemistry yielded a number of targets of interest proximal to a large magnetic feature observed in the spring 2012 airborne magnetic program.

The induced polarization survey identified two large east-north easterly trending chargeability anomalies, proximal to known mineralized showing. The trends are similar to that identified in historic gold soil geochemistry results. As exact referencing of the historic geochemistry was unavailable, drill hole targeting was conducted primarily on the results of the induced polarization program.

In addition to the soil sampling program, a small stream sampling program was conducted over two additional magnetic features on the property. This met with limited success, and returned only weakly anomalous results.

The companies engaged the services Black Hawk Drilling of Smithers, British Columbia to undertake a drill program. Drilling consisted of 402.95 meters drill program in two drill holes, JBDD-12-01 (198.12 m) and JBDD-12-02 (204.83 meters). The drill focused on the areas where the 2012 IP program was conducted 187 samples were collected from the core drilling. A summary of each of the drill hole is presented below along with select assays.

Hole JBDD-12-01
From 25.55m to 33.20m the aphanitic, mafic volcanic, with trace stringer and very finely disseminated pyrite.  Brecciated contact from 62.45m to 63.95m.  From 63.95m to the EOH at 198.12m is a dark green, aphanitic to fine grained, weakly to moderately magnetic Trace disseminated chalcopyrite are at 66.30m, from 78.75m to 79.10m within quartz calcite veins with 3% disseminated pyrite and from 91.00m to 91.40m within chlorite stringers/fracture fills in a zone of pink clay alteration and from 167.70m to 181.10m there are 5-10cm wide patches of epidote with trace disseminated chalcopyrite, associated with disseminated pyrite. The assays yielded

  • From 78.75 m to 79.10 m (0.35 m) the drill hole intersected 3020 ppm Cu and 2230 bbp Au
  • From 90.60 m to 93.2o m (2.6 m) the drill hole intersected an average 1616 ppm Cu

Hole JBDD-12-02
The minor fault and vein with 1-5% disseminated pyrite, and trace disseminated chalcopyrite. From 156.20m to 160.50m is a light grey, coarse grained, felsic intrusive, with patchy brick red potassic alteration.  Below from 160.50m to 161.25m is a dark green mafic volcanic, followed by grey, strongly silicified, feldspar porphyry.  At 156.10m is a 5cm wide quartz, calicte, chlorite vein containing 5% disseminated and blebby pyrite, and trace disseminated chalcopyrite.

  • From 155.75 m to 156.62m (0.45 m) the drill hole intersected 2620 ppm Cu and 398 bbp Au

Conrad Swanson President for International Samuel Exploration stated "I believe that we are on the edge of something. Historic surface values of 1.21 oz/t gold and recent drill results of 3020 ppm, 2620 ppm copper are a good indications of a larger mineralization system."

All drill samples were send to SGS Telkwla prep lab then sent shipped to SGS Vancouver where they underwent ICP40B analysis.

Technical information in this news release has been reviewed by Derrick Strickland P.Geo., a qualified person as defined in NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS
"Allen Morishita"
CEO, President.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

SOURCE Lucky Strike Resources Ltd.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focu...
“This win means a great deal to us because it is decided by the readers – the people who understand how use of our technology enables new insights that drive the business,” said Matt Davies, senior director, EMEA marketing, Splunk. “Splunk Enterprise enables organizations to improve service levels, reduce operations costs, mitigate security risks, enhance DevOps collaboration, create new product and service offerings and obtain deeper insight into customer behavior. Being named Best Business App...
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, addressed the big issues involving these technologies and, more important, the results they will achieve. Rodney Rogers, chairman and CEO of Virtustream; Brendan O'Brien, co-founder of Aria Systems, Bart Copeland, president and CEO of ActiveState Software; Jim Cowie, chief scientist at Dyn; Dave Wagstaff, VP ...
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile ...
At 15th Cloud Expo, Shrikant Pattathil, Executive Vice President at Harbinger Systems, demos a video delivery platform that helps you do interactive videos. He discusses how Harbinger is accomplishing it in the cloud world, the problems they faced and the choices they made to get around these problems.
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
15th Cloud Expo, which took place Nov. 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, expanded the conference content of @ThingsExpo, Big Data Expo, and DevOps Summit to include two developer events. IBM held a Bluemix Developer Playground on November 5 and ElasticBox held a Hackathon on November 6. Both events took place on the expo floor. The Bluemix Developer Playground, for developers of all levels, highlighted the ease of use of Bluemix, its services and functionalit...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water,...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by minin...
Between the compelling mockups and specs produced by your analysts and designers, and the resulting application built by your developers, there is a gulf where projects fail, costs spiral out of control, and applications fall short of requirements. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, will present a new approach where business and development users collaborate – each using tools appropriate to their goals and expertise – to build mo...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impac...