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Project: | Clone | |
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Deposit: | Clone | |
Location: | Canada | |
Commodities: | Gold-Silver-Copper | |
Date: | 9/26/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 26-9-2019: Sky Gold Corp. announces an Exploration/Drilling Update report for its Clone deposit at the Clone project. Drilling results incl. 5m @ 8.57g/t Au, 1.06g/t Ag, 0.044% Cu from 77.0m. Vancouver, British Columbia – September 26th, 2019 – Sky Gold C | |
Resources: | x | |
CP/QP: | [Overall Report]: Catherine Fitzgerald (Not stated) | |
ABSTRACT: | Vancouver, British Columbia – September 26th, 2019 – Sky Gold Corp. (TSX-V: SKYG) (US:SRKZF) ("Sky Gold Corp." or the “Company”) is reporting all results from the 2019 diamond drill program on the Clone Gold Property. The program was comprised of 811 meters drilled in six HQ-diameter diamond drill holes. Highlights of the latest assays include 5 meters of 8.57 Au and 2 meters of 475.6 Ag at shallow depths in drill hole SCL-19-03. As previously reported (news release dated September 3, 2019), hole SCL-19-02 returned a highlight intercept of 124.6 grams per tonne of gold (g/t Au) over a drill interval of 4.1 meters from a depth of 5.0 metres on the Main “H” Zone. Mineralization in all drill holes is associated with strong hematite alteration, also reflected in high iron values (up to 24.0% iron) in the high gold intervals. All core intervals returning over 5 g/t Au and/or if visible gold is observed were subject to a procedure of screen metallic assaying. The high Ag values (475.60 g/t Ag over 2.0 metres) returned in Hole SCL19-03 at 21.0 meters represents a new style of mineralization on the Clone property for which further investigation is warranted. | |
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