Sky Gold Corp. Announces Completion of Oversubscribed Private Placement and Commencement of Geophysical Surveys and Drilling at Evening Star Property, Nevada
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 Corp (OTC:SRKZF) ha annunciato il completamento di un collocamento privato sovrasscritto e l'inizio dei lavori sul campo presso la proprietà Evening Star, Walker Lane, Nevada, il 23 ottobre 2025. Indagini geofisiche (magnetismo da drone/altimetria a passo di linea di 50 m) sono in corso e è pianificata una indagine IP per l'obiettivo porfirico Cu-Au High Life.
Una trivella a nucleo di diamante viene mobilitata questa settimana per iniziare un programma di trivellazione di fase uno di ~1.100 metri: quattro pozzi (~500 m) a Tower Gold e un pozzo (~600 m) a High Life. Un Professionista qualificato (Danae Voormeij, MSc, PGeo) ha revisionato l'informazione tecnica.
Sky Gold Corp (OTC:SRKZF) anunció la finalización de una colocación privada sobredemandada y el inicio de trabajos de campo en su propiedad Evening Star, Walker Lane, Nevada, el 23 de octubre de 2025. Encuestas geofísicas (magnetometría/topografía con dron a un espaciamiento de lineas de 50 m) están en curso y se planea una encuesta IP para el objetivo porfirico Cu-Au High Life.
Una perforadora de núcleo diamante se movilizará esta semana para iniciar un programa de perforación de la fase uno de ~1.100 metros: cuatro agujeros (~500 m) en Tower Gold y un agujero (~600 m) en High Life. Una Persona Calificada (Danae Voormeij, MSc, PGeo) revisó la información técnica.
Sky Gold Corp (OTC:SRKZF) 은 과도한 수요로 마감된 프라이빗 배정의 완료와 2025년 10월 23일 네바다 주 Walker Lane의 Evening Star 자산에서 현장 작업의 시작을 발표했다. 지구물리 조사 (드론 자력/지형 측량 50m 간격) 가 진행 중이며 IP 조사 는 High Life Cu-Au 포르피리 목표에 대해 계획되어 있다.
다이아몬드 코어 시추 장비가 이번 주에 동원되어 1단계 시추 프로그램 약 1,100m 를 시작한다: Tower Gold에 위치한 네 곳의 구멍(~500 m) 및 High Life에 위치한 한 구멍(~600 m). 자격 있는 사람(QP)인 Danae Voormeij, MSc, PGeo가 기술 정보를 검토했다.
Sky Gold Corp (OTC:SRKZF) a annoncé l’achèvement d’un placement privé sursouscrit et le démarrage des travaux de terrain sur sa propriété Evening Star, Walker Lane, Nevada, le 23 octobre 2025. Enquêtes géophysiques (magnétisme/topographie par drone à un pas de 50 m) sont en cours et une enquête IP est planifiée pour la cible porphyrique Cu-Au High Life.
Une foreuse à noyau diamant sera mobilisée cette semaine pour commencer un programme de forage de phase un d’environ 1 100 mètres: quatre forages (~500 m) à Tower Gold et un forage (~600 m) à High Life. Une Personne Qualifiée (Danae Voormeij, MSc, PGeo) a examiné les informations techniques.
Sky Gold Corp (OTC:SRKZF) gab den Abschluss einer überzeichneten Privatplatzierung bekannt und den Beginn der Feldarbeiten auf ihrer Evening Star-Liegenschaft in der Walker Lane, Nevada, am 23. Oktober 2025 bekannt. Geophysikalische Untersuchungen (Drohnen-Magnetik/Topografie mit 50 m Linienabstand) sind im Gange und eine IP-Untersuchung ist für das High Life Cu-Au Porphyr-Gelten Ziel geplant.
Eine Diamantkernbohrung wird noch diese Woche mobilisiert, um ein Phase-I-Bohrprogramm von ca. 1.100 Metern zu beginnen: vier Bohrlöcher (~500 m) bei Tower Gold und ein Bohrloch (~600 m) bei High Life. Ein Qualified Person (Danae Voormeij, MSc, PGeo) hat die technischen Informationen geprüft.
Sky Gold Corp (OTC:SRKZF) أعلنت اكتمال إجراء طرح خاص مكتمل الطلب وتسجيل بدء الأعمال الميدانية في ملكيتها Evening Star، Walker Lane، نيفادا في 23 أكتوبر 2025. الاستقصاءات الجيوفيزيائية (قياسات مغناطيسية/طبوغرافية بالطائرة بدون طيار على مسافة خطوط 50 م) جارية و< b>المسح IP مقرر لاستهداف High Life Cu-Au porphyry.
سيتم نشر جهاز حفر بنوى ماسية هذا الأسبوع للبَدء في برنامج حفر المرحلة الأولى بطول يقارب 1,100 متر: أربعة حفر (~500 م) في Tower Gold وحفرة واحدة (~600 م) في High Life. قِـيِّم شخص مؤهل (Danae Voormeij, MSc, PGeo) راجع المعلومات التقنية.
Sky Gold Corp (OTC:SRKZF) 宣布完成超额认购的私募融资并于2025年10月23日在内华达州Walker Lane的Evening Star矿权启动野外工作。地球物理勘探（无人机磁力/高程测量，线路间距50米）正在进行，计划对High Life Cu-Au斑岩目标进行IP测量。
本周将动员一台金刚石芯钻机，启动第一阶段钻探计划，约1,100米：Tower Gold4口井（约500米）和High Life1口井（约600米）。合格人员(Danae Voormeij, MSc, PGeo) 已对技术信息进行了审阅。
- Completed over‑subscribed private placement (financing closed prior to Oct 23, 2025)
- Diamond‑core drill rig mobilized to site (mobilization week of Oct 23, 2025)
- Phase one drill program planned at ~1,100 metres (4 holes ~500 m + 1 hole ~600 m)
- Phase one program limited to approximately 1,100 metres, providing only initial coverage
- High Life porphyry will be tested with a single ~600‑metre hole, limiting immediate depth coverage
VANCOUVER, BC / ACCESS Newswire / October 23, 2025 / SKY GOLD CORP. ("Sky" or the "Company") (TSX.V:SKYG)(OTC PINK:SRKZF) is pleased to announce that, following the successful completion of its over-subscribed financing (see PR dated October 22, 2025), work has begun on the Company's flagship Evening Star property, located in the prolific Walker Lane Gold Trend in Nevada.
Geophysical Surveys Underway
Sky Gold has contracted MWH Geo-Surveys International to conduct a drone-supported high-resolution magnetic and topographic survey across the Evening Star Property. The survey is being flown on 50-metre line spacing and is designed to provide detailed subsurface structural and lithological information to assist in drill targeting. The survey is currently in progress and is expected to be completed shortly.
In addition, an induced polarization (IP) survey is planned to further refine drill targeting, at the High Life Cu-Au porphyry target.
Diamond Drilling Mobilization
A diamond-core drill rig is being mobilized to site this week to commence drilling at both the Tower Gold and High Life targets. The planned phase one program totals approximately 1,100 metres and includes:
Four (4) holes totaling ~500 metres at the Tower Gold target; and
One hole of ~600 metres testing the High Life Cu-Au porphyry target.
The Tower Gold target comprises a one-kilometre-long, 50-metre-wide, northwest-trending high-grade gold corridor characterized by centimetre-scale extensional quartz veins hosted within a granite intrusion.
The High Life target represents a deeper copper-gold porphyry system with associated skarn mineralization at Gold Bug and Evening Star, identified through prior geological mapping, geochemical sampling, and historical data review.
Mike England, CEO of Sky Gold, commented "We are extremely excited to commence drilling at Tower Gold. This target shows all the hallmarks of a robust intrusion-related gold system, and the addition of both magnetic and induced polarization surveys will enhance our understanding of the broader mineralizing system at Evening Star - particularly the High Life Cu-Au porphyry target. We have assembled a great team of geologists and technical experts to guide this next phase of exploration."
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Danae Voormeij, MSc, PGeo, a Director of Sky Gold Corp. and a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Sky Gold Corp.
Sky Gold Corp. is a mineral exploration company focused on advancing precious and base metal projects in North America. The Company's flagship Evening Star Property, located in the prolific Walker Lane Gold Trend, hosts multiple high-priority gold and copper targets, including Tower Gold, High Life, Gold Bug, and Evening Star.
ON BEHALF OF THE BOARD
Mike England
CEO, PRESIDENT & DIRECTOR
FOR FURTHER INFORMATION PLEASE CONTACT
Tel: 1-604-683-3995
Toll Free: 1-888-945-4770
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the matters described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements, including with respect to the completion of the Consolidation or the identification or acquisition of additional mineral assets. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.
SOURCE: Sky Gold Corp.
View the original press release on ACCESS Newswire
FAQ
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