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) 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.