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SKY GOLD CORP. (SRKZF) is a mineral exploration company focused on developing high-quality exploration targets in Ontario and Nevada. With recent discoveries and ongoing exploration programs, the company is targeting nickel, copper, cobalt, chrome, platinum group elements, gold, and porphyry copper-gold deposits. The company's prime targets include the Mingold Au Soil anomaly and the Ni-Cu-Co-Cr-PGE anomaly, showing high discovery potential. SKY GOLD CORP. is committed to advancing its projects and exploring new opportunities in the mining sector.
Sky Gold Corp. is set to commence an exploration program on its Consolidated Shebandowan Property in northwestern Ontario, focusing on orogenic gold and magmatic nickel sulphide targets. The company aims to explore a 2 km by 2 km gold-in-soil anomaly and a 5 km by 7 km Ni-Cu-Co-Cr-PGE anomaly. The Property, situated near the past-producing Shebandowan mine, has high discovery potential for both nickel and gold. The spring exploration program will involve detailed geochemical sampling, geological mapping, and prospecting. The company is optimistic about the project's potential for significant discoveries.
Sky Gold Corp. has entered into an agreement with Delta Resources for the option to acquire a 100% interest in the Horne and Laurie properties in Thunder Bay, Ontario. Delta will issue 1.4 million shares to Sky, pay $75,000, and retain a 1% NSR. Sky will keep a 1% NSR and Delta has the option to buy back 0.5% NSR for $1M. The deal provides Sky exposure to Delta's high-potential projects while focusing on its Shebandowan portfolio.
Sky Gold Corp. has completed amendments to property option agreements for Horne and Laurie Properties in Northwestern Ontario. The TSX Venture Exchange has accepted the amendments for the acquisitions of 100% interest in each property. A total of 2,350,000 common shares will be issued to the vendors, with 1,350,000 shares for Horne and 1,000,000 shares for Laurie.
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