en.Wedoany.com Reported - Sky Gold (TSX-V:SKYG) has reported surface sampling results from its Evening Star project in Nevada, USA, with gold grades reaching up to 48.56 g/t.
The company completed four drill holes and extensive surface sampling at multiple targets on the wholly-owned project, identifying new drill targets and expanding the boundaries of known mineralized zones. At the Good Hope target, a grab sample trending due east returned the project's highest gold grade to date at 48.56 g/t, extending mineralization beyond the current 500-meter strike length. Mineralized widths at the Good Hope target range from 0.9 meters to 3.1 meters.
Sky Gold CEO Mike England stated that these results are encouraging and warrant follow-up, prompting the company to adopt a new exploration approach at the High Life target, while drill-ready polymetallic gold mineralization trends have also emerged at the Good Hope and Golden Bomber targets. At the High Life target, drilling intersected two anomalous zones containing quartz veins and secondary copper mineralization. One drill hole intersected 17.8 meters from 108.8 meters to 126.5 meters downhole, consisting of iron oxide-bearing silicified intervals with gold grades up to 44 ppb and copper grades up to 0.11%. Another drill hole intersected a 13.8-meter mineralized zone with gold grades up to 84 ppb. Combined with surface sampling data, these results define a 140-meter-long, northwest-trending gold anomaly, providing new drill targets for a hypothesized porphyry system.
At the Golden Bomber target, soil sampling delineated a 300-meter-long gold-copper-lead-silver trend correlating with recent rock samples (returning 14.98 g/t gold and 9.23 g/t gold, respectively). Sky Gold noted that the Golden Bomber target has never been drilled historically. Additionally, the company completed its first drill hole at the historic Gold Bug mine, which produced approximately 400 ounces of gold and some copper between 1890 and 1924. This drill hole intersected mineralization starting at 10.7 meters downhole, penetrating a 12-meter anomalous gold, silver, and copper mineralized zone, with gold grades up to 0.219 g/t over 1.5 meters. Surface sampling around Gold Bug showed quartz breccia at the mine portal grading 5.14 g/t gold, 214 ppm silver, and 1.25% copper. At the CRD Hill target, a manto-type orebody on its north side returned surface samples grading 2.26% copper, 31.5 ppm silver, and 2.49% zinc, although drilling did not intersect significant mineralization.
Sky Gold is a junior mineral exploration company focused on advancing precious and base metal projects in North America.
