- Sky Gold Corp (TSX.V: SKYG, OTC: SRKZF) reports significant gold grain discoveries on its Shebandowan property.
- Key findings include gold concentrations up to 1,872 ppb from the recent geochemical sampling.
- Exploration plans for 2025 include geological mapping, trenching, and diamond drilling.
Sky Gold Corp (TSX.V: SKYG, OTC: SRKZF) has announced significant findings from its recent geochemical sampling program on the Consolidated Shebandowan property in Northwestern Ontario. The property, spanning 10,487 hectares, is situated 70 km west of Thunder Bay.
The geochemical sampling, which involved 52 ten-kilogram samples of basal till, revealed two notable clusters of gold grains. The first cluster showed anomalous sample sites yielding 46, 18, and 15 gold grains, with calculated total gold values of 550, 285, and 215 ppb Au, respectively. Meanwhile, the second cluster, located to the south and associated with the Tinto Fault, demonstrated 27, 17, and 16 particulate gold grains, yielding total gold values of 1,872, 289, and 229 ppb.
These findings corroborate historic results from a similar geochemical survey conducted in 1990, which also highlighted the presence of gold grains in this region.
In addition to particulate gold, the sampling results coincided with anomalous values in nickel, cobalt, chrome, copper, and zinc, suggesting the potential of magmatic nickel and volcanogenic massive sulphide deposits alongside orogenic gold deposits.
Looking ahead, Sky Gold plans to conduct supplementary exploration activities, including geological mapping and rock sampling in spring 2025, followed by trenching and diamond drilling scheduled for late summer to early fall 2025.
