on Sky Gold Corp. (isin : CA83085J2011)
Sky Gold Corp to Launch Drill Program in Nevada Following Financing
Sky Gold Corp has announced approval of drill permits for the Highlife Copper Porphyry and Tower Gold targets in Nevada. A private placement aims to raise $800,000 for drilling and administrative purposes, pricing each unit at $0.04. This will fund core drilling at the Evening Star property, primarily focusing on these targets.
At Highlife Copper, a copper-in-soil anomaly signals potential deeper copper-gold mineralization. The Tower Gold target features a gold-anomalous zone extending over 3,000 feet. Rock samples here show significant gold and copper presence. Approval from the TSX Venture is pending.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Sky Gold Corp. news