Sky Gold SKYG

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1 month 4 weeks ago #126740 by ron
ron replied the topic: Sky Gold SKYG
News again...

Sky Gold Reports Drill Results From The Mustang Project, Newfoundland


money.tmx.com/en/quote/SKYG/news/7833754...Project_Newfoundland

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2 months 3 days ago #126734 by ron
ron replied the topic: Sky Gold SKYG

DearJohn wrote: Yes, the results were not great, but many more targets to test


Agree and still work to be done on the mustang project,ain't over in newfoundland.

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2 months 3 days ago #126732 by RonS
RonS replied the topic: Sky Gold SKYG
I will probably have an update next week. It is a good buy here, as DJ says, many more targets to test and I also like their Nevada property that should be drilled this year.

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2 months 3 days ago #126731 by DearJohn
DearJohn replied the topic: Sky Gold SKYG
Yes, the results were not great, but many more targets to test

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2 months 3 days ago #126729 by ron
ron replied the topic: Sky Gold SKYG
Obviously,not a home run news release,guess you'll comment very soon RonS on those results posted on a thursday at 15.05 pm,that could explain why the stock was trading on the downside since a couple of days,what's up for tomorrow,back to $0.12 for a while ?

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2 months 6 days ago #126719 by ron
ron replied the topic: Sky Gold SKYG
Are you guys adding more shares at those prices under $0.15 ?

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3 months 22 hours ago #126706 by ron
ron replied the topic: Sky Gold SKYG
Why all that selling since the last 3 days,bought some more,thanks for those who sold..lol.. ?

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3 months 3 days ago #126702 by ron
ron replied the topic: Sky Gold SKYG
down day for SKYG today !!!

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3 months 3 weeks ago #126606 by ron
ron replied the topic: Sky Gold SKYG
SKYG doing good today,hope drill results are coming out soon and very strong,NFG had a great news release last week,could be the reason why the stock is up,all in !!!!

Go SKYG Go

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5 months 3 days ago #126476 by RonS
RonS replied the topic: Sky Gold SKYG
A new and very good area play map put out by Exploits today, shows SkyGold sort of in the middle of NewFound Gold claims

The file size was too large to upload here. This is the link

exploitsdiscovery.com/wp-content/uploads...TS_SUBZONE4.0_v3.pdf

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8 months 2 weeks ago #126106 by Gambler
Gambler replied the topic: Sky Gold SKYG
Great news today

SKY GOLD INTERCEPTS VISIBLE GOLD IN HOLE MT-20-06 AT MUSTANG PROJECT, NEWFOUNDLAND AND PROVIDES DRILLING UPDATE

Sky Gold Corp. has provided an update on the continuing maiden diamond drilling program on the company's Mustang property contiguous to the Queensway gold project, owned by New Found Gold Corp., and the observation of fine-grained visible gold in hole MT-20-06.

Highlights include:

Since mid-November, to date, seven holes have been completed on the Mustang Property, comprising 1,321 meters. Assays are pending.Six holes targeted the Mustang Zone and one hole tested for a parallel zone. All six holes on the Mustang Zone intersected prospective geology with a varying amount of quartz veining, brecciation and silicification, and quartz stockwork, with associated sulphides (pyrite, arsenopyrite, sphalerite, trace galena and chalcopyrite), in sediments (greywacke and siltstone) and in faulted graphitic siltstone.Significantly, several fine pin-point grains of visible gold were observed in a chloritized black jasperoid clast in hole MT-20-06 at depth of ~260 meters down the hole (653800 m N, 5422510 m E, azimuth 134degree, dip -52degree). To the Company's knowledge this is the first observation of visible gold in diamond drill core on the Mustang zone. Hole MT-20-06 was designed for a depth of 180 meters but was drilled to a depth of 294 meters due to extensive quartz veining, brecciation - silicification, quartz veins and associated sulphides observed in intervals from 250 to 282 meters.The Company's recent drilling, previous shallow drilling and rehabilitated trenches indicate a style of mineralization consistent with a low sulphidation epithermal model, comprising hydrobrecciation and vuggy quartz veining and stockworks.Drilling has been contracted to Cabo Drilling (Pacific) Corp. with a minimum 3,000-metre diamond drill program over multiple target locations on both the Mustang property and the Virginia property, which are situated within the highly prospective Gander gold district. Drilling has ceased for a two -week period over the Holidays and will resume in early January 2021. Logging, core cutting and sampling is ongoing from a facility established in Gander.Drilling in 2021 will also investigate the Barite, Jasperoid and Road Breccia showings on the western portion of the Mustang property, which have never been drilled. Ongoing trenching and soil geochemistry is also in progress on the remainder of the property.

Company President and CEO Mike England commented "Rapid drilling progress, encouraging visual geology and now the observation of the first visible gold in core on the Mustang Zone, are an excellent start to our maiden drill program in Newfoundland. We are expediting the logging, core cutting, sampling and assaying of the prospective zones in holes MT-20-06 and MT-20-07 to assist the design of, and to expand, the drill program in 2021."

All of the Company's field activities are conducted under Federal and Provincial COVID-19 operating protocols and safety measures as required. Planet X Exploration Services Ltd.'s field crews, retained through Grassroots Prospecting, a local, Newfoundland-based prospect generation company, are undertaking all field and drill activities on the Company's Newfoundland properties. Project Manager, Robert Weicker states, "The efforts and diligence of the teams of Planet X Exploration Services Ltd., and Grassroots Prospecting, are to be commended and are greatly appreciated."

SKY GOLD'S NEWFOUNDLAND PROJECTS

Virginia Property

The Virginia property comprises 100 hectares and is approximately 5.7 kilometres northeast of New Found Gold's drill hole NFGC-19-01 which intersected 92.86 g/t Au over 19 metres (see New Found Gold Corp. press release dated August 12, 2020). Historic results completed in the early 1990s by Manor Resources Ltd., reports two areas of mineralization (Zone A-2). One showing comprised quartz veining developed over a 35-metre-wide zone within sheared gabbro and graphitic shale (main shear) returning up to 8.7 g/t Au, and a second showing comprised a sheared gabbro returned a grab sample up to 109.6 g/t Au*.

Mustang Property

The recently expanded Mustang property comprises 1,625 hectares and is contiguous to New Found Gold's Queensway project and approximately five kilometres southwest of their discovery hole. The Mustang property hosts numerous gold prospects including the Mustang and Piper zones, on trend with New Found Gold Corp's current drill program, and the Road Breccia, Jasperoid, and Barite showings on the western portion of the property.

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8 months 2 weeks ago #126073 by alexgreat
alexgreat replied the topic: Sky Gold SKYG
I have a good position too. For sure we have a break out on the chart.

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