Goldstake Explorations Inc - Update July 2013
TORONTO, July 16, 2013 /CNW/ - GOLDSTAKE EXPLORATIONS INC. IS PLEASED TO REPORT ON TWO RECENT DEVELOPMENTS
1. | GOLD TAILINGS WHITEWOOD CREEK SOUTH DAKOTA USA. |
THE SOUTH DAKOTA [SD] DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES ["DENR"] HAS APPROVED AN EXPLORATION PERMIT ON THE PROJECT TO ENABLE GOLDSTAKE TO VERIFY AND UPGRADE ITS PRE-NI 43-101 HISTORICAL "PROVEN RESERVES". | |
THIS PROGRAM INCLUDES FIELD BASELINE STUDIES, DRILLING, TRENCHING, SAMPLING AND HYDROLOGY STUDIES, SCHEDULED TO START IN AUGUST 2013. | |
RESULTS OF THIS PROGRAM WILL PROVIDE SIGNIFICANT DATA FOR THE MINE PERMIT APPLICATION TO BE SUBMITTED TO THE DENR, SEEKING APPROVAL TO START PRODUCTION. | |
2. | VIRGINIATOWN ONTARIO CANADA "CLAY PROJECT" GOLD, COPPER, BASE METAL, DIAMONDS |
GOLDSTAKE [75%] TRANSPACIFIC RESOURCES [25%] HAVE BEEN GRANTED A "WORK PERMIT" TO BEGIN TRENCHING, SAMPLING AND ASSAYING ON THREE DISTINCT PROJECTS ON THE PROPERTY. | |
[a] INSTANT POND—GOLD AND COPPER | |
GOLDSTAKE'S 2005 DIAMOND DRILL PROGRAM INTERSECTED 1,078.79 G Au/TONNE ACROSS A CORE LENGTH OF O.19 M [ 31.6 OZ /TONNE ACROSS O.6' ] PLUS OTHER HIGH GRADE INTERSECTIONS AT SHALLOW DEPTH, AND PREVIOUS TRENCHING SHOWED VISIBLE GOLD AT SURFACE. | |
[b] " THE ROSE"--- BASE METALS . | |
GOLDSTAKE'S PREVIOUS CHANNEL SAMPLING RECORDED 11% ZINC TONNE AND ANOMALOUS COPPER. | |
[C]" STUMP POND DIAMONDS. | |
GOLDSTAKE'S " TILL" BULK SAMPLING PROGRAM FOUND SIGNIFICANT QUANTITIES OF DIAMOND INDICATOR MINERALS. |
SOURCE: Goldstake Explorations Inc.

Robert Cleaver
416 201-9223
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