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Bullboard - Stock Discussion Forum 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... see more

TSXV:SKYG - Post Discussion

Sky Gold Corp > Press Release - Update on Evening Star Property.
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Post by lifegoeson on Nov 01, 2021 11:52am

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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