STRIKE MINERALS INC. STK.V

Ronda



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. Numerous significant assays for gold were received during the 1996 program, but no follow-up work was ever completed. The potential of this property continues to rise with the increase in the price of gold.

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