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Sky Gold Corp V.SKYG

Alternate Symbol(s):  SRKZF

Sky Gold Corp. is a Canada-based junior mineral exploration company. The Company is engaged in acquiring and advancing mineral properties in Canada and the United States. The Company’s properties include Evening Star, Mustang, Virginia, Imperial, Greenwater Lake, Kekekuab Lake and Sun Gold, Star Lake, Laurie, Horne, and KA Property. Its Shebandowan Portfolio consists of two properties located 80 and 125 kilometers west of the city of Thunder Bay. Its Shebandowan Property consists of nickel-copper-cobalt-platinum group element (Ni-Cu-Co-PGE) Shebandowan Property comprises of approximately 5,894 hectares and is situated within the Shebandowan Greenstone Belt in northwestern Ontario. The Evening Star property is located in west central Nevada in Mineral County and is comprised of approximately 43 unpatented mineral lode claims totalling over 660 acres. The Sungold property exhibits striking similarities with the geologic setting of the past producing Shebandowan mine.


TSXV:SKYG - Post by User

Comment by lifegoesonon Dec 18, 2020 9:06am
159 Views
Post# 32138655

RE:Drilling Update

RE:Drilling UpdateHowestreetbull.... 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 for a 3,000 metre program of shallow holes, and now the visuals told them they needed to drill deeper... they must have passed through several zones of mineralization to make this decision, in otherwords, this has to be positive. SKYG is only about 5 km away from the Discover Hole for NFG, so hopefully being on trend will result in good cores. From a previous press release, "Current drilling will explore for multiple, parallel zones and will test the vertical profile of the epithermal systems at depths of 75 metres to 90 metres vertically, and 120 metres to 130 metres vertically."....
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