Ontario Mineral Producer E-newsletter Vol. 1, Issue 1

Page 22

Strike Copper Corp. –

A junior resource exploration company with senior ambitions Strike Copper Corp. (“SCC”) is a junior mineral exploration company currently focused on defining and monetizing the resource potential of its 100-per cent interest in the Sungold property (“Sungold” or the “Property”) in the prolific Shebandowan Greenstone Belt in Northwestern Ontario, approximately 110 kilometres west of Thunder Bay, Ontario. Sungold is adjacent to Goldshore Resources’ Moss Lake property, which hosts historical resources of 4.0 million oz. Au. Goldshore acquired their property from Wesdome Gold

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Mines Ltd. in May 2021 in a $57-million transaction and it is now being actively explored by Goldshore with encouraging results (note: all information re Goldshore is sourced from their website and Strike Copper Corp. disclaims any responsibility for that content). Sungold includes the massive sulphide Wye Lake occurrence and the southwest extension of Goldshore’s Hamlin IOCG (iron oxide-coppergold-uranium) deposit, which has the potential for Ni-Cu-PGE and Porphyry Cu mineralization.

In 2005, backhoe trenching of the Wye Lake Zone intermittently exposed massive, semi-massive and stringer sulphides contributing to an IPV of approximately $54 million at the time for the then owner of the property (Freewest Resources). Highlighting the trenching program was the uncovering of massive zinccopper mineralization at two locales, situated 400 metres apart and on strike with each other. Specifically, assays of up to 27.8 per cent zinc and 0.91 per cent copper were obtained at one trench line and up to 29.8 per cent


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