Stratabound Minerals Corp. (OTC:SBMIF)

Stratabound Minerals Corp. (OTC:SBMIF)

Stock Quote

The Golden Culvert Project:
Sediment Hosted Orogenic Gold in the
Yukon Central Hyland Group:

Gold-bearing quartz veins in sediment host within 3km x 250m wide >30 ppb Au-in-soil anomaly.
• 84 sq. km property along 24 km of mineralized trend…
only 20% explored.
• All-season Cantung Mine Rd through claim group...
low exploration cost.
• 10-year Class 3 Exploration Permit to 2026.
• 25 km north of Seabridge Gold’s recently acquired
high-grade 3 Aces Project – 5,401 g/t Au discovery 2003
• Six parallel gold-bearing veins within a 130m wide
gold vein “corridor” along 970m of strike – open both
directions and at depth below 150m.
• New discovery 7.1km along strike: 0.92 gpt Au/2m
• NEW in 2020 – 64 float-train samples assay between
0.25 to 320 g/t Au over 1 km x 100m on surface.
• 17 diamond drill holes just completed – assays pending

2020 Highlights:

116 soil and 157 rock samples, ground geophysics and geological surveys on property-wide targets.
• 92 surface samples collected averaged 13.46 g/t gold uncapped, (8.85 g/t Au capped*), and ranged between <0.01 g/t to 320 g/t gold.

3,217m of drilling, 17
holes completed on
50m sections
• Core logging and
sampling ongoing
• assays pending

2020 Exploration:

Float-train Sampling
• 1 km long by up to 0.1 km wide gold-mineralized boulder field of surface float-trains linking likewise.
-gold-mineralized quartz vein
-structures exposed in outcrop,
-subcrop and trenching
• 92 surface samples collected averaged 13.46 g/t gold uncapped, (8.85 g/t Au capped*), and ranged between <0.01 g/t to 320 g/t gold.
• 64 of the samples (70%) were between 0.25 g/t to 320 g/t gold and averaged 19.32 g/t gold uncapped, (12.70 g/t gold capped*).
• Only two samples were below assay detection limits.

McIntyre Brook, Gold Project, New Brunswick:

New Acquisition*

Stratabound has an option to acquire 100% of the mineral rights to the McIntyre Gold Project located adjacent to Highway 180 about 80 kilometres west of Bathurst, New Brunswick.

The McIntyre Gold Project represents an exciting new exploration model that has only recently been recognized to occur in the Maritimes with geological features comparable to world class iron oxide-copper-gold (IOCG) deposits such as Olympic Dam, Au (2.95Bt @ 1.2% Cu, 0.04% U, 0.5 gpt Au, 6 gpt Ag) and Candelaria, Chile (600mt @0.95% Cu, 0.22 gpt Au, 32.9 gpt Ag)

A Major Intercontinental Suture Zone Coincident with Major Gold Deposits Across Two Continents*

Two ancient super-continents Gondwanaland, (today South America, Africa, Madagascar, Antarctica and India), and Laurentia, (today North America and Greenland), slowly collided roughly between 450-350 million years ago compressing the earth’s crust in between creating orogenic belts, or new mountain ranges. The Iapetus Suture Line is the line along which both ancient continents collided and ultimately “sutured” together. The tremendous pressures from the collision squeezed, liquified and gasified minerals deep in the crust that escaped towards surface along fractures and faults, leaching out metals including gold and silver along the way. As the liquids and gases approached cooler and lower pressures towards the earths surface, they collected and precipitated into mineral deposits such as “orogenic” and ”IOCG-type” deposits along this Iapetus Suture Line.

Captain Copper/Cobalt Deposit - 100% Owned:

In 2011, Stratabound received a National Instrument 43-101 compliant Technical Report, including a Mineral Resource Estimate, from Mercator Geological Services. This resource estimate, summarized below, reflected mineralization defined by 30 holes drilled by Stratabound.

The deepest hole to date intersected 19.5 metres of massive sulphide mineralization grading 1.12% copper, within which 8.5 metres graded 2.11% copper, 0.052% cobalt, 12.4 g/t silver, and 0.30 g/t gold, including 2.0 metres of 5.46% copper, 0.093% cobalt, 30.5 g/t silver, and 0.65 g/t gold.

Other Projects:

New Brunswick Properties & Projects:

CNE Mining Lease – lead-zinc-silver-copper; 100% interest. Developed and mined by Stratabound 1990-91 and 2013; ore processed into concentrates and sold to Heath Steele (Noranda) and XStrata (Glencore)
Taylor Brook Deposit - lead-zinc-silver; optioned to Bandera Gold Ltd. Drilling required to explore for higher grade extensions.

Stratabound Minerals Corp.. is traded on the OTC under the ticker symbol SBMIF. This is not investment advice. Please view the disclaimer found on this website.
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  • Founded Year 1986

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