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Silver Grail Resources Ltd V.SVG

Alternate Symbol(s):  SVGAF

Silver Grail Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia (BC), Canada. The Company, through its subsidiary, Teuton Resources Corp., conducts business and exploration activities in Canada. Its properties in the Skeena Mining Division, British Columbia include Clone, Konkin Silver, Bay Silver Claims, Silver Crown West Claims, Silver Crown, Midas, Tonga-Fiji properties. The Clone property is situated 20 kilometers southeast of Stewart, BC. The Konkin Silver property is located 29km east of Stewart, BC. The Company owns an approximately 50% interest in eight claims located in the New Westminster Mining Division. Its properties in the New Westminster Mining Division consist of Roman property. It also owns outright a cobalt-manganese property in northern Vancouver Island as well as a cobalt-nickel-magnesium property east of Harrison Lake.


TSXV:SVG - Post by User

Post by ranmanon Dec 29, 2021 8:42am
265 Views
Post# 34266920

Is 2022 the year for SVG?

Is 2022 the year for SVG?Drilling for the season is now over for the Konkin Silver property. 

Although visual indications in the core are very encouraging and management would have liked to continue, drilling further holes was precluded by ongoing problems with the new drill supplied by the contractor.   

Drilling on the next project, the Eskay Rift, now has been postponed until the 2022 field season.

Silver Grail owns interests in over 12 mineral properties in the southern portion of the Golden Triangle, all located within 35km of the town of Stewart, BC. 

Many of these properties contain veins or shear zones hosting significant amounts of silver mineralization, others like the Clone property contain gold. 

In addition, the Company also owns interests in three other properties in British Columbia containing cobalt mineralization. 

At this time, the most prospective of these is the Pacifico on northern Vancouver Island which has some of the most anomalous cobalt stream geochemistry in the province.
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