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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

Post by lifegoesonon Nov 01, 2021 11:52am
166 Views
Post# 34073342

Press Release - Update on Evening Star Property.

Press Release - Update on Evening Star Property.I guess we now know why there hasn't been an update. They say Covid is the cause of a delayed drilling program and now that has passed, drilling has resumed at Evening Star. Interesting they didn't mention anything about Marathon and Imperial. They wasted money on the Press Release, so why not update everything. Anyways, all I can hope is they have good enough results to promote. When those results will be know is the million dollar question. Surely they already have results back from hole 1....???

VANCOUVER, BC / ACCESSWIRE / November 1, 2021 / Sky Gold Corp. (TSXV:SKYG)(OTC PINK:SRKZF) ("Sky Gold Corp." or the "Company") is pleased to provide an update on diamond drilling activities on its Evening Star Property, located in Mineral County, Nevada.

The Company initiated a diamond drill program on the Evening Star property on July 27, 2021. One drill hole (ES-21-01) was completed to a depth of 256.3 meters (851 ft) at the Gold Bug target, where there are strong coincident geophysical (gravity and magnetic) anomalies (refer to press release March 17, 2021) interpreted to be related to silver-rich base-metal skarn and/or CRD mineralization. Assays are pending for hole ES-21-01. The drill program for Evening Star proposed 2,500 meters, designed in 12 to 15 holes with eight drill site areas permitted on the Gold Bug, Golden Eagle-Golden Bomber and Good Hope 2 targets. Regrettably, since August 23, 2021, drilling was suspended due to complications related to Covid-19.

Drilling has now resumed on the property at the Gold Bug target utilizing the same rig and drill contractor (Altar Drilling Inc. of Tucson, AZ). The Evening Star property is prospective for gold mineralization and CRD (Carbonate Replacement Deposit) base and precious (silver and gold) mineralization and is located 12 kilometers southeast of the town of Hawthorne. The property is north of, and contiguous to the Pamlico property, owned by Newrange Gold Corp.

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