Ronda Properties, 100% owned by Strike Minerals. The property consists of twelve claims (17 units) which straddle the north-south boundary between Churchill and MacMurchy Townships near Shiningtree, Ontario.
Early exploration just after the turn of the 20th century discovered the “Ribble vein”. The vein structure may be traced over a general North-South strike length of 440 meters on surface. The grey/white quartz veining contains minor pyrite, trace chalcopyrite and values in gold and silver. Two shafts were sunk into the vein system, the first to 300 feet and the second to 675 feet. Production occurred from 1939 to 1940 on four of five levels. 24,592 tons of milled ore returned 2,727.15 ounces gold and 4,830 ounces silver for a recovered grade of 0.111 opt gold.
The property lay dormant until the mid 1990’s. A diamond drill program in 1996 tested the vein structure and mineralization. Similar values for gold were returned, but one hole, 96-06, returned 101.7 g/t over 4.6 feet at a vertical depth of 750 feet. No significant work has been completed on the property since that time. The potential of this property continues to rise with continued increases in the price of gold.
Tyrrell Properties, Tyrrell Twp. Strike holds a 40% interest in 39 claims in Tyrrell Twp. These claims were won by Strike in the great Temagami staking rush in 1996 and subsequently optioned to Shiningtree Resources, Alberta. Shiningtree spent about one million dollars exploring these claims to earn a 60% interest. The claims are situated in three blocks. Shiningtree and Strike are currently seeking a JV partner for these claims. Strike also holds 100% of three claims, which tie on to these. Recent news reported by Temex Resources Corp, Goldeye Exploration and KRL International report renewed activity in the immediate area.
MacMurchy Options, MacMurchy/Fawcett Twps. In October 2000 Strike optioned 100% interest subject to a 2% NSR 7 claim blocks (57 claims) to KRL for KRL stock. KRL has large gold holdings in the area.
Baden Claims, Baden Twp. The company holds 100% interest in 12 claims in Baden Township and is seeking a JV partner.
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