When investors think of battery metals – specifically electric vehicle (EV) batteries – lithium is usually the first mineral that comes to mind. But the voracious global appetite for feeding what goes into battery metals goes for beyond lithium-ion. These advanced battery stacks also require a myriad of rare earth and base metals – most notably nickel and zinc.
Enter Vancouver BC-based
SKRR Exploration Inc. (
TSX-V: SKRR,
OTC: SKKRF,
Forum). And as the base metals market heats up – particularly nickel and zinc – so do the exploration companies and those that are on the hunt for these strategically-important metals in Northern Saskatchewan. The company's extensive project portfolio consists of Irving/Leland Project, Ithingo Lake Property, Manson Bay Property, Cathro Gold Property, and Olson Gold Property. And now, two new properties that metals & mining investors should be keenly aware of.
The Trans Hudson Corridor: The Next Abitibi?
For metals & mining investors that may not be familiar with the Trans Hudson Corridor mining region, it’s a resource-rich, mining-friendly jurisdiction that still remains relatively underdeveloped and underexplored and, in many respects, under-appreciated.
The Trans Hudson Corridor geological formation runs from the Dakotas in the U.S., north through Saskatchewan, and veers east through the Flin Flon region of Manitoba – one of Canada’s most important mining districts – and then into Hudson’s Bay.
Situated in one of the world's top mining jurisdictions, in 2018 Saskatchewan was ranked
2nd in mining investment attractiveness in the world by the Fraser Institute. The shallow depth and favourable geology suggest there is the potential to fast-track exploration and development activity, something SKRR intends to do with its properties in the region.
And SKRR is now well-positioned to build a world-class base metal and precious metal company based on the outstanding mineralization in Saskatchewan, including its new nickel property – the
Father Lake project.
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SKRR in the News
Adding to its already extensive nickel portfolio of properties and projects, on
November 5th, the company entered into acquisition agreement to acquire the Watts Lake Zinc Claims in Saskatchewan, consisting of 24 mineral claims compromising a total of 13,708.109 hectares.
Sherman Dahl, CEO of SKRR commented:
"Why Zinc? Like copper, zinc has a range of applications across many industries, including agriculture, construction, pharmaceuticals, and transportation. Approximately half of the world's supply is used in corrosion-proof galvanized steel, which is widely used in infrastructure projects. Zinc sheeting is used for cladding, roofing, and gutter systems. Zinc-coated steel is widely used for building framing and bridge construction, and in reinforcing bar in concrete structures. Because of its anti-corrosive properties, zinc can make a crucial contribution to infrastructure projects – and in recent years, there has been a steady demand for galvanized steel from China. In addition, with the chemistries that zinc brings into play … this is a perfect fit for zinc batteries and one that we see significant growth in going forward. The electric vehicle demand is fueling demand for all metals including Zinc and Nickel. Watts Lake fits in with our Father Lake Nickel project and our well-advanced gold properties in the Trans Hudson Corridor - the home of giants SSR mining and Hudbay Minerals.
SKRR is on a mission to build a world class base metal and precious metal company based on the outstanding mineralization in Saskatchewan. SKRR will be a leader with a diversified portfolio of high-quality long-life assets. The SKRR team has done an incredible job over the last few years of drilling, exploring, discovering, and positioning the company for success."
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And on
September 21st, SKRR announced that the first drill hole was completed on the 100% owned Manson Bay gold project, which includes 13 mineral claims totalling approximately 4,293 hectares.
The CEO added:
"The first drill hole was completed (MB21001) on Saturday, September 18, 2021, which was terminated at 149m. The drill hole was collared at an angle of -70 degrees and drilled in the same approximate vicinity as historic hole MBO-15, which returned 15.39 g/t Au over 10.03m. MB21001 intercepted mineralization in a sulphide rich shear zone from 84.3m to 95.0m. Sulphides consist of 1 to 10% semi-massive and massive pyrite and pyrrhotite with moderate to strong sericite alteration. A further zone of sulphide mineralization, but without the intense sericite alteration was present from 99.5m to 115m consisting of 1 - 5% disseminated pyrite and pyrrhotite. Additional logging and details are pending. The beginning of this drill program is an exciting new exploration area for SKRR. This exploration program is in addition to the large Olson Gold project that yielded a discovery in previous drilling. SKRR plans to continue the year with the return to the Olson property in addition to the current Manson Bay drilling."
VIDEO INTERVIEW: The Market Herald Canada’s Power Play with SKRR Exploration Inc. President & Director Sherman Dahl. Oct. 20, 2021
(Click image to play video)
For more information, please visit
skrr.ca
FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.