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 PINK:SRKZF) announced results from its diamond drilling program at the Mustang Property in Newfoundland. A total of 19 drill holes totaling 3,283 meters were completed, confirming and expanding gold mineralization previously identified. Significant findings include intercepts of up to 7.77 grams per tonne (g/t) gold. The Mustang Zone shows potential for further exploration, with several drill targets remaining. The company is adhering to COVID-19 protocols during its operations. CEO Mike England expressed optimism for continued exploration success.
Sky Gold Corp. (OTC PINK:SRKZF) reported results from its diamond drill program on the Mustang Property, near New Found Gold's Queensway project. A total of 19 drill holes (3,283 meters) were completed, confirming and expanding previously identified gold mineralization. Key highlights include intercepts of up to 7.77 grams per tonne (g/t) gold over 0.50 meters and wider intervals with lower grade values. CEO Mike England emphasized potential for further exploration and additional drilling on the Mustang Zone. All operations adhered to COVID-19 safety protocols.
Sky Gold Corp. has identified several new gold-in-soil geochemical anomalies on its Mustang Property in Newfoundland. The anomalies, particularly at the North Woodman Pond Target, show high gold values up to 55 ppb Au and significant arsenic concentrations. The company plans to follow up with diamond drilling to explore these targets further, capitalizing on promising findings in the region. Additionally, the Virginia property has received permits for a maiden drilling program this summer, enhancing Sky Gold's exploration potential in Canada.
Sky Gold Corp. has announced the acquisition of two contiguous claim blocks, the Imperial Property, adjacent to Amex Exploration's Perron Project in Quebec, known for high-grade gold discoveries. The acquisition involves a 100% interest in the claims through a transaction requiring TSX Venture Exchange approval. The overall deal includes payments of 10,500,000 shares, $150,000 in cash, and a 3% Net Smelter Return. This strategic move aims to enhance exploration abilities in a promising mineral-rich area.
Sky Gold Corp. (OTC PINK:SRKZF) has become a founding member of the Newfoundland.Gold strategic alliance, aimed at boosting awareness and investment in the emerging gold district of Newfoundland. The alliance will host a Virtual Investor Days event from June 1-3, 2021. Recently, Sky Gold completed a 20-hole, 3,300-meter diamond drill program on its Mustang Property with pending assays. The company also owns the Virginia property, with an upcoming drill program. Additionally, the Evening Star property in Nevada is being prepared for a late Q2 2021 drill program.
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.
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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.