Welcome to our dedicated page for Sky Gold news (Ticker: SRKZF), a resource for investors and traders seeking the latest updates and insights on Sky Gold stock.
Sky Gold Corp (SRKZF) delivers focused mineral exploration across North America's most prospective mining regions. This dedicated news hub provides investors with essential updates on corporate developments, technical advancements, and exploration progress.
Access authoritative coverage of SRKZF's activities including project acquisitions, geophysical survey results, and resource expansion initiatives. Our curated feed aggregates official press releases alongside verified third-party reporting, ensuring comprehensive tracking of gold, nickel, and copper exploration milestones.
Key updates feature detailed analysis of VTEM survey outcomes, geochemical sampling results from Ontario properties, and progress on Nevada copper-gold targets. Stay informed about strategic partnerships, regulatory filings, and operational developments that shape the company's exploration trajectory.
Bookmark this page for streamlined access to SRKZF's evolving story in mineral resource discovery. Monitor critical updates through our organized presentation of time-sensitive announcements and enduring corporate strategy communications.
Sky Gold Corp (TSX.V:SKYG)(OTC:SRKZF) has announced significant findings from its basal-till geochemical sampling program on the Consolidated Shebandowan property in Northwestern Ontario. The property spans 10,487 hectares and is located 70 km west of Thunder Bay.
Key findings include:
- First cluster: 3 anomalous sample sites yielding 46, 18, and 15 gold grains, with calculated total gold values of 550, 285, and 215 ppb Au
- Second cluster: 3 sampling sites yielding 27, 17, and 16 particulate gold grains, with total gold values of 1,872, 289, and 229 ppb gold
The sampling program, involving 52 10-kilogram samples, verified historic results from 1990. The discovered clusters coincide with strongly anomalous values in nickel, cobalt, chrome, gold, copper & zinc. The company plans follow-up exploration including geological mapping, prospecting, and rock sampling in spring 2025, with trenching and diamond drilling scheduled for late summer to early fall 2025.
Sky Gold Corp (TSX.V:SKYG)(OTC PINK:SRKZF) has announced the cancellation of its previously announced 4 cent private placement. The company plans to reassess financing options in the New Year, as CEO Mike England believes the junior resource sector is improving.
The company continues to evaluate programs at both the Evening Star copper porphyry and gold targets and the Shebandowan nickel-copper-cobalt-chrome-platinum group element-gold property in northwestern Ontario. Assay results are currently pending from two programs completed at the Shebandowan project.
Sky Gold Corp. (TSXV:SKYG)(OTC PINK:SRKZF) announces potential delays in mailing AGM materials due to the ongoing Canada Post strike. The Annual General Meeting is scheduled for December 17, 2024 at 10:00 a.m. in Vancouver, BC. Shareholders can access meeting materials through the company's website or SEDAR+, or request email delivery. Proxy forms must be submitted 48 hours before the meeting, excluding weekends and holidays.
Sky Gold Corp. (TSX.V:SKYG)(OTC PINK:SRKZF) has announced a consulting services agreement with Gaia Life Capital Inc. (GLC), effective October 15th, 2024. GLC, a data analytics firm specializing in digital investor growth, will provide media content strategy and dissemination services. The initial four-month agreement includes compensation of $9,000 monthly plus 500,000 stock options exercisable at five cents for one year. CEO Mike England emphasized the importance of exposure as the company prepares for financing and drilling at their Evening Star gold and copper porphyry project in Nevada.
Sky Gold Corp (TSX.V:SKYG)(OTC:SRKZF) announces a non-brokered private placement offering of up to 20 million units at $0.04 per unit to raise $800,000. Each unit includes one share and one warrant exercisable at $0.07 for 36 months. The company has received drill permits for both the Highlife Copper Porphyry and Tower Gold targets at its Evening Star property in Nevada. The Highlife target shows copper-in-soil anomaly over 1000 feet with samples containing up to 1.54% copper. The Tower Gold target exhibits a 3000-foot gold anomaly zone with samples yielding up to 18.21 ppm gold. Approximately 75% of proceeds will fund drilling operations.
Sky Gold Corp (TSXV:SKYG)(US:SRKZF) has received NOI level permits from the US Bureau of Land Management to drill its Evening Star Copper-Gold property in Mineral County, NV. The company plans a 3,500-foot drill program targeting two main areas: the Highlife Copper porphyry/skarn target and the Tower Gold intrusion-hosted target. At Highlife, samples showed up to 1.54% copper and 0.159 ppm gold, while Tower Gold rock samples yielded up to 18.21 ppm gold and 1.16% copper. The 1,450-acre property is located in the Walker Lane Trend, 10 miles east of Hawthorne and 52 miles southeast of the Yerington porphyry copper deposit.
Sky Gold Corp. (TSXV:SKYG)(OTC PINK:SRKZF) has received a 30-day extension from the TSX Venture Exchange to close its previously announced non-brokered private placement. The company has already closed two tranches of the placement, raising gross proceeds of $366,400. This includes the issuance of 6,600,000 non-flow-through units at $0.05 per unit and 520,000 flow-through units at $0.07 per unit.
Each non-flow-through unit comprises one common share and one transferrable share purchase warrant, allowing the holder to purchase an additional share at $0.07 for 36 months. Flow-through units include one flow-through share and one non-flow-through warrant, enabling the purchase of an additional non-flow-through share at $0.10 for 24 months. All securities are subject to a 4-month statutory hold period. The financing awaits final approval from the TSXV.
On July 5, 2024, Sky Gold Corp. (TSXV:SKYG, US:SRKZF) announced a 30-day extension granted by the TSX Venture Exchange to close its non-brokered private placement.
The company has raised $366,400 through two tranches, issuing 6,600,000 non-flow-through units at $0.05 per unit and 520,000 flow-through units at $0.07 per unit. Each non-flow-through unit comprises one common share and one warrant, allowing the holder to purchase an additional share at $0.07 within 36 months. Each flow-through unit comprises one flow-through share and one non-flow-through warrant, allowing the purchase of an additional non-flow-through share at $0.10 within 24 months.
All issued securities have a hold period of four months plus one day. The financing awaits final TSX Venture Exchange approval.
Sky Gold Corp. (TSXV:SKYG)(OTC PINK:SRKZF) has successfully closed the second tranche of its non-brokered private placement, raising gross proceeds of $36,400.
The company issued 520,000 flow-through units (FT Units) at $0.07 per unit. Each FT Unit includes one common flow-through share and one transferrable non-flow-through share purchase warrant. The warrant allows the purchase of an additional share at $0.10 within 24 months.
In this tranche, Sky Gold Corp. paid $1,680 in finders' fees and issued 24,000 non-transferable share purchase warrants to Sherbrooke Street Capital Inc., with each warrant exercisable at $0.10 for 12 months.
All issued securities are subject to a statutory hold period ending October 27, 2024. The funds will support exploration activities and general administrative purposes. Final approval from the TSX Venture Exchange is pending.
Sky Gold Corp. (TSXV:SKYG, US:SRKZF) has completed the first tranche of its non-brokered private placement, raising $330,000. The company issued 6.6 million non-flow through units (NFT Units) at $0.05 per Unit, each consisting of one common share and one transferrable share purchase warrant. Each warrant allows the holder to purchase an additional share at $0.07 within 36 months. Sky Gold paid $22,000 in total finders' fees and issued 440,000 non-transferable share purchase warrants to Canaccord Genuity Corp. and Sherbrooke Street Capital. Senior officers subscribed for 700,000 units, constituting a related party transaction under MI 61-101 regulations. The financing awaits final TSX Venture Exchange approval, with proceeds earmarked for exploration and general administrative expenses.
