on Sky Gold Corp. (CVE:SKYG)
Sky Gold Corp. Launches Drill Program at Evening Star Project
Sky Gold Corp. has initiated a 2,400-meter diamond drilling program at its Evening Star copper-gold project in Nevada. Titan Drilling will conduct the exploration, focusing on high-priority porphyry copper-gold and carbonate replacement mineralization (CRD) targets.
The drill program aims to test the porphyry system's core at High Life and assess polymetallic zones linked to CRD-style mineralization. Recent fieldwork revealed strong alteration and gold presence, reinforcing the porphyry interpretation. Additionally, the southern property shows historical evidence of polymetallic mineralization.
Sky Gold Corp. announced a private placement, targeting up to $1.5 million, aiding both the drilling initiative and general operations. These developments await TSX Venture Exchange approval.
R. H.
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