Bullboard - Stock Discussion Forum Sky Gold Corp. V.SKYG

Alternate Symbol(s): SRKZF

Sky Gold Corp is an exploration-stage company operating in Canada and the United States. It is engaged in the process of exploring and developing its resource properties. The company's projects are primarily gold and nickel properties located in Ontario, Newfoundland and Nevada.

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Sky Gold Corp. > Drilling Update

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Post by howestreetbull on Dec 18, 2020 7:57am

Drilling Update

SKYG .v $SRKZF Hole #6 they liked what they were seeing so much they went an additional 100M deeper than they originally planned...eventually ending at 296M , from all appearances after speaking to the co the geos believe they are onto something, if you understand these low-sulphidation epithermal deposit types(explained in the co's investor presentation on their website) they believe they are probing down the feeder zone hmmm
cheers,
hsb

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Comment by lifegoeson on Dec 18, 2020 9:06am

Howestreetbull.... thanks.... I guess this means that when they reached the original planned depth for hole #6, it ended in a mineralized zone of the type of rock they are looking for, thus they decided to go another 100 M. Not quite sure what "they believe they are probing down the feeder zone" means but sure sounds good. Reading between the lines, the drill program originally called ...more

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