Sky Gold (TSX-V:SKYG) reports gold grades of up to 48.56 grams per tonne from surface sampling at its Evening Star Project in Nevada.
The company has completed four drill holes and extensive surface sampling across multiple targets at the 100%-owned project, with results defining new drill targets and expanding known mineralised zones.
At the Good Hope target, grab sampling directly east of the existing trend returned the project’s ‘highest’ gold value to date at 48.56g/t gold (Au), extending the mineralised footprint beyond the current 500m strike length.
Good Hope ranges from 0.9m to 3.1m in width.
CEO Mike England says the results are encouraging to follow up on, leading Sky Gold to a new approach at High Life alongside strong polymetallic gold trends ready for drilling at Good Hope and Golden Bomber.
Drilling at the High Life target intersected two anomalous zones with quartz veining and secondary copper mineralisation.
One hole cut a 17.8m interval of silicification with iron oxides from 108.8m to 126.5m downhole, carrying gold grades up to 44 parts per billion (ppb) and copper up to 0.11%.
Another hole intersected a 13.8m zone with gold values up to 84 ppb.
Combined with surface sampling, the results define a 140m-long northwest-trending gold anomaly that presents a new drill target for the interpreted porphyry system.
At Golden Bomber, soil sampling outlined a 300m-long gold-copper-lead-silver trend correlating with recent rock sampling that returned 14.98g/t Au and 9.23g/t Au.
Sky Gold notes the Golden Bomber target has never been drill-tested.
The company likewise drilled its first hole into the historic Gold Bug mine, where production between 1890 and 1924 recovered up to 400 ounces of gold plus copper.
The hole intersected a 12m zone of anomalous gold, silver, and copper starting at 10.7m downhole, returning up to 0.219g/t Au over 1.5m.
Surface sampling around Gold Bug returned 5.14g/t Au, 214 parts per million (ppm) silver (Ag), and 1.25% copper (Cu) from quartz breccia at the mine entrance.
At CRD Hill, surface sampling of a manto on the northern side returned 2.26% Cu, 31.5 ppm Ag, and 2.49% zinc, though drilling did not intersect significant mineralisation.
Sky Gold is a junior mineral explorer focused on advancing precious and base metal projects in North America.
Write to Paula Fabe at Mining.com.au
Images: Sky Gold
