Stocks in Play: Strongbow Exploration Inc.
Tuesday, November 08, 2011 09:58 AM EST - Strongbow Exploration Inc. : provided an exploration update on its gold exploration properties in North and South Carolina, including the Midway, Ridgeway and Parker gold projects. An initial drilling program, consisting of 10 holes (1,949 m), tested five of 15 target areas within the Midway project. At four of the targets, drilling intersected variable widths (centimetre scale up to 32.4 metres) of hydrothermal, sericite-silica-pyrite alteration. Molybdenite and chalcopyrite mineralization is variably associated with these alteration zones and gold values are locally elevated (from background up to 375 ppb). Drilling of the fifth target was terminated early due to challenging drilling conditions. Strongbow Exploration Inc. ( V.SBW ) shares were even at 0.095.
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