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, TSX.V: SKYG) generates frequent news as an active mineral exploration company focused on precious and base metal projects in North America. Investors following SRKZF news can track updates on exploration results, financings and property agreements that shape the company’s projects and plans.
A major source of Sky Gold’s news flow is its Evening Star property in the Walker Lane gold trend of Nevada. Releases describe work at multiple targets, including the Tower Gold gold-vein system, the High Life copper-gold porphyry target, and the Gold Bug and Golden Bomber zones. News items detail geophysical surveys such as magnetic, gravity and induced polarization (IP) programs, as well as rock and soil sampling, drill permitting and drill program preparations.
Sky Gold also issues news on its Consolidated Shebandowan project in northwestern Ontario, where basal-till geochemical sampling has yielded significant particulate gold grains and anomalous multi-element signatures. Updates outline planned mapping, prospecting, trenching and drilling to follow up these results.
In addition to technical exploration updates, Sky Gold’s news feed covers corporate and financing events, including non-brokered private placements of units and flow-through shares, use of proceeds for exploration, and corrections or clarifications to prior financing disclosures. The company also reports on agreements such as the definitive agreement with Gold X2 Mining Inc. for the staged acquisition of Sky Gold’s interest in the Star Lake option in Ontario, and on changes to its board of directors and advisory board.
By monitoring this page, readers can review Sky Gold’s historical and recent announcements on exploration progress, project-level transactions and capital-raising activities related to SRKZF and SKYG.
Sky Gold Corp (OTC:SRKZF) announced completion of an over‑subscribed private placement and the start of field work at its Evening Star property, Walker Lane, Nevada on October 23, 2025. Geophysical surveys (drone magnetic/topographic at 50‑m line spacing) are underway and an IP survey is planned for the High Life Cu‑Au porphyry target.
A diamond‑core rig is being mobilized this week to begin a phase one drill program of ~1,100 metres: four holes (~500 m) at Tower Gold and one hole (~600 m) at High Life. A Qualified Person (Danae Voormeij, MSc, PGeo) reviewed the technical information.
Sky Gold (OTC:SRKZF) closed an oversubscribed non‑brokered private placement on October 22, 2025, issuing 23,880,000 units at $0.05 per unit for aggregate gross proceeds of $1,194,000.
Each Unit includes one common share and one half warrant; each whole warrant expires in 36 months with an exercise price of $0.08. Proceeds will be used to advance the Evening Star project in Nevada and for general working capital.
The company paid $70,400 in cash finders' fees and issued 1,688,000 non‑transferable finders' warrants. Insiders subscribed for 1,900,000 units, a related‑party participation relying on MI 61‑101 exemptions. Shares are subject to a four‑month hold under Canadian securities laws.
Sky Gold (OTC:SRKZF / TSXV:SKYG) announced a non-brokered private placement of up to 20 million Units at $0.05 per Unit for gross proceeds up to $1.0M. Each Unit comprises one common share and one warrant exercisable for 36 months at $0.08 per share. Proceeds are earmarked for geophysics and drilling at the Tower Gold vein trend and the buried High Life copper-gold porphyry target on the Evening Star property in Nevada, plus general corporate purposes. Tower Gold is described as drill-ready with drilling expected in the coming weeks; High Life will be tested after property-wide drone magnetic and deep IP surveys. Financing is subject to TSXV approval and finder fees will be paid.
Sky Gold Corp (US:SRKZF) has secured a diamond drill rig for its upcoming drilling program at the 100%-owned Evening Star property in Nevada's Walker Lane high-grade gold district. The company will focus on the Tower Gold target, an undrilled northwest-trending zone of high-grade gold veining.
The company also plans to resubmit its BLM permit application for the Golden Bomber Target, which hosts historic Golden Bomber and Golden Eagle mines. Previous sampling in 2017 yielded impressive results, including gold values up to 25.90 g/t Au, silver values up to 318.0 g/t Ag, and copper peaks of 6.14% from surface samples across a 300 by 200-meter area.
Sky Gold Corp (OTC:SRKZF) has announced key changes to its leadership team. The company has appointed Danae Voormeij to its Board of Directors and John Duncan to its Advisory Board. Voormeij brings over 20 years of gold and copper exploration experience, notably leading the discovery of a multi-million-ounce gold deposit at Dugbe, Liberia. Duncan contributes nearly 40 years of mineral exploration expertise with an M.S. in Economic Geology.
The company also announced the resignation of Aaron McBreairty from its Board of Directors and the issuance of 1.6 million stock options at $0.05 per share, exercisable for 2 years, to directors, officers, and consultants.
Sky Gold Corp (TSXV:SKYG)(US:SRKZF) has announced plans for a fall drill program at its Tower Gold Target on the Evening Star Property in Nevada's Walker Lane trend. The company has received permits for up to 9 drill pads to test a significant gold mineralization zone.
The Tower Gold Target, discovered in 2021, shows promising mineralization with 65 rock samples averaging 2.01 g/t gold, 8.71 g/t silver, and 1,115 ppm copper across a 1-kilometer trend. Peak values include 18.21 g/t gold and 97.60 g/t silver. Recent soil sampling revealed peak values of 2.83 g/t gold in the Southeast portion.
The drill program will target a zone measuring +400 metres long by 100 metres wide with anomalous gold in soil and bedrock. The company believes the target could represent a distal gold system to a porphyry copper deposit.
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.