Vancouver, BC-based junior mineral exploration company
Sky Gold Corp.(SKYG) (
TSX-V.SKYG,
OTCQX: SRKZF,
Forum) has reported an update on its ongoing maiden diamond drilling program on the Company's Mustang Property contiguous to the Queensway Gold Project, owned by New Found Gold Corp., and the observation of fine grained "visible gold" in hole MT-20-06.
Company President and CEO Mike England commented on the “encouraging” results:
"Rapid drilling progress, encouraging visual geology and now the observation of the first visible gold in core on the Mustang Zone, are an excellent start to our maiden drill program in Newfoundland. We are expediting the logging, core cutting, sampling and assaying of the prospective zones in holes MT-20-06 and MT-20-07 to assist the design of, and to expand, the drill program in 2021."
See full story
here.
Exploring Newfoundland: About Sky Gold Corp.
Sky Gold's Newfoundland portfolio consists of two non-contiguous claim blocks in Central Newfoundland. The south-western Mustang property hosts the Outflow Prospect comprised of the Mustang and Piper mineralized zones, located adjacent to New Found Gold Corp's recently announced intersect of 92.86 g/t Au over 19.0 meters.
FULL DISCLOSURE: Sky Gold Corp. is a client of Stockhouse Publishing.