Goldstrike “GSR” has discovered a new zone of gold mineralization in a newly staked extension to the Plateau South property which assayed 4.738 g/t gold and 6,852 parts per million arsenic from a rock grab sample taken from outcrop/subcrop. The gold-mineralized sample of grey quartz was taken during expansion staking by Yukon prospector Tom Morgan, in a newly identified 2 km by 600m area with massive quartz veining and stockwork that remains open. This showing further confirms the significant gold potential within a west-northwest to east-southeast corridor referred to as the Yellow Giant trend. This trend extends for at least 25 km, is largely unexplored along its entire length and remains open.
“The Plateau area as a whole has many indications of a new emerging gold district,” said Goldstrike president Terrence King. “The results from the 2011 exploration season far exceeded our expectations with nine new gold discoveries made including Plateau, Summit, Big One, Livingston and Lucky Strike, to name a few. Goldstrike looks forward to a busy 2012 as it works to exploit the full potential of the Plateau area, as well as its other eight stand-alone new gold projects.”