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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. (OTC PINK:SRKZF) has released an update regarding its Newfoundland properties and the Evening Star property in Nevada. The Company awaits assay results from 17 diamond drill holes at the Mustang property. A geophysical ground survey has been completed, and data is under review. In addition, the Virginia property is set for a summer drill program, with necessary permits acquired. Furthermore, preparations for a drill program at the Evening Star property are underway, with drilling expected to commence in June after securing a contractor.
Sky Gold Corp. (OTC PINK:SRKZF) has granted up to 1.75 million stock options to its directors and consultants. These options are exercisable at $0.12 per share for one year. This move is in line with the company's stock option plan, aimed at incentivizing key personnel. Sky Gold Corp. focuses on acquiring and advancing mineral properties globally. The announcement emphasizes the company’s commitment to its operational strategy while ensuring that the management team is motivated to drive company growth.
Sky Gold Corp. (OTC PINK: SRKZF) announced initial assay results from its Mustang project, reporting an average of 7.77 g/t Au over 0.5 meters in drill hole MT-21-14. A wider gold mineralization zone was also identified, averaging 0.78 g/t Au over 32.85 meters, including sections of 3.80 g/t Au over 1.5 meters. The company completed a 20-hole drill program totaling 3,330 meters focused on the Mustang Zone. Further assays are pending, and a Phase 2 program is planned for summer 2021.
Sky Gold Corp. (OTC PINK:SRKZF) has initiated diamond drilling on its Mustang and Virginia properties in Newfoundland, expanding its exploration efforts in the Gander gold district. The company is conducting a minimum 3,000-meter drilling program, targeting multiple gold zones. Historically, nearby drill holes reported low-grade gold mineralization, indicating potential for further discovery. The Virginia property is in proximity to a significant New Found Gold drill hole showing high-grade gold. The drilling aims to confirm and extend existing mineral showings to enhance resource potential.
Sky Gold Corp. (OTC PINK: SRKZF) has announced the acquisition of two properties, expanding the Mustang Property adjacent to New Found Gold Corp's Queensway Gold Project. The Kings Point Extension and South Mustang Extension properties together add 275 hectares. Costing $65,000 and 1.2 million shares over two years, this acquisition includes a 2% net smelter royalty. The company plans to initiate drilling in mid-November, which may position it favorably in the emerging gold district.
Sky Gold Corp. (OTC PINK: SRKZF) announced the engagement of Cabo Drilling for a 3,000-meter diamond drill program on its Mustang and Virginia properties, near New Found Gold Corp.'s Queensway project. Initial drilling will focus on promising targets like the Outflow prospect, which showed surface samples of up to 28 g/t gold. This marks the first drilling program for Sky Gold on these properties, aiming to validate existing mineralization and potentially enhance gold resources. The drill mobilization is scheduled for three weeks from now.
Sky Gold Corp. has applied for a notice level permit from the Bureau of Land Management for a drill program at its Evening Star Property in Nevada. This property, covering 1,200 acres with two historic mines, shows promising assay results, including gold up to 25.9 g/t and silver up to 318.0 g/t. The company aims to fulfill earn-in obligations to gain an 80% interest in the property and is preparing for additional exploration activities, while ensuring compliance with health protocols amid the pandemic.
Sky Gold Corp. provides an update on its Mustang and Virginia properties in Newfoundland, adjacent to New Found Gold's project. The Virginia property, covering 100 hectares, shows promising results from historical data, including gold grades up to 109.6 g/t. Ongoing trenching aims to confirm and extend mineralization. Meanwhile, work at the Mustang property focuses on geological mapping and sampling to establish drill targets. Additionally, the company amended the purchase agreement for the Evening Star Property, securing an 80% interest. CEO Mike England expresses optimism about progress amid COVID-19 safety protocols.
Sky Gold Corp. announces the initiation of field activities on its Mustang and Virginia Properties in Newfoundland, adjacent to New Found Gold's Queensway Gold Project. The company received necessary government permits for surface exploration and has engaged Grassroots Prospecting for logistics and exploration support. Activities include geological mapping and sampling, targeting potential gold mineralization. In addition, Sky Gold granted stock options totaling 600,000 at $0.20 per share. All operations are conducted in compliance with health protocols.
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