VANCOUVER, British Columbia--(BUSINESS WIRE)--Strongbow Exploration Inc. (SBW: TSXV) has been notified by Westhaven Ventures Inc. (WHN: TSXV) that exploration drilling is underway at the Shovelnose gold property located adjacent to the Coquihalla highway, approximately 30 km south of Merritt, British Columbia. The program will consist of approximately 600 m of drilling to test a number of target areas including the Tower showing where drilling identified a broad alteration system in 2011 (55.8 m grading 0.21 g/t Au), as well as the Tower Creek valley that separates the Tower showing from the Mik gold showings. Detailed soil sampling along this interpreted fault valley has defined a 1,400 m long anomaly with elevated gold, arsenic, mercury, antimony and molybdenum. Prospecting conducted in 2011 uncovered a heavily veined, pyrite flooded siliceous rock along the margin of the Tower Creek valley that returned 6.8 g/t gold. This sample was located 300 metres south of a previously reported rock sample that returned 119.0 g/t gold and 271 g/t silver.
Westhaven is currently working to earn up to a 70% interest in the Shovelnose property, including an initial 51% interest by incurring $1.5 million in exploration expenditures over a three year period and issuing a total of 300,000 common shares to Strongbow. Within 12 months of having earned its 51% interest in the property, Westhaven will have the option to increase its total property interest to 70% by issuing an additional 500,000 shares to Strongbow, and incurring an additional $1.5 million in exploration expenditures.
Strongbow also reports that it has been notified by North Arrow Minerals that North Arrow will not proceed with the option agreement to earn an interest in Strongbow’s Snowbird nickel project as announced in Strongbow news release #12-07 dated August 3rd, 2012.
Qualified Person Statement
David Gale, P.Geo. (BC), Vice-President of Exploration for Strongbow and a qualified person under NI 43-101 has read and takes responsibility for the technical information in this release.
STRONGBOW EXPLORATION INC.
/s/“Kenneth A. Armstrong”
Kenneth A. Armstrong
President and CEO
The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.
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