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Strongbow's Chilcotin project consists of three properties that were acquired through staking in the Chilcotin region of south central British Columbia. The Piltz Mountain, Mons Creek and Raven claim packages total 253 km2 and were targeted based on the coincidence of multi-element stream sediment geochemical anomalies and prospective underlying geology. The geochemical anomalies were identified in the Government of British Columbia regional stream sediment database and include elevated gold values ranging from 10 to 920 ppb. The geology underlying the area consists of multi-staged intrusive rocks hosted within andesitic to dacitic flows and breccias. A younger Chilcotin basaltic cover sequence irregularly overlies these older rocks. Very limited historic work has been reported for all three areas.
Strongbow considers the Chilcotin properties to be highly prospective for a number of mineralization styles including porphyry copper-gold mineralization (similar to the Prosperity Cu-Au porphyry deposit located 50 km to the southwest), low sulphidation epithermal gold mineralization (similar to the historic Blackdome mine located 40 km to the southeast) or transitional porphyry to epithermal style mineralization similar to the newly discovered Mt. Newton prospect located 50 km to the northwest. The 487 million tonne Prosperity deposit (Taseko Mines Ltd. (TKO-TSX)) is one of the largest known porphyry Cu-Au deposits in British Columbia and contains 2.0 billion pounds of copper and 4.7 million ounces of gold in proven and probable reserves. The Blackdome mine was in operation for five years, from 1986 to 1991, and produced seven million grams (225,000 ounces) of gold and 17 million grams (547,000 ounces) of silver (Sona Resources Corp. (SYS-TSXV)). Recent drilling results reported by Amarc Resources (AHR-TSXV) at the Mt. Newton property (DDH09-04 intersected 141.0 metres grading 2.01 g/t Au and 10 g/t Ag) highlight the potential to make new discoveries in this highly prospective area of British Columbia.
The properties are situated 90 km southwest of the regional centre of Williams Lake and have excellent access that benefits from a network of logging roads. Strongbow intends to evaluate the properties early in the 2010 exploration season by completing stream silt and soil geochemical surveys and prospecting. The Piltz Mountain, Mons Creek and Raven properties compliment Strongbow's portfolio of British Columbia based exploration properties.
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