Sky Gold Corp. is pleased to announce that further to its press release dated December 6th, 2019 the Company has closed the over subscribed non-brokered private placement. The total raised in the financing issuing 10,900,000 units at a price of $0.05 per Unit for aggregate gross proceeds of $545,000.00. Each Unit is comprised of one common share and one transferable Share purchase warrant of the Company. Each Warrant will [...]
Sky Gold Corp. announces that it has arranged a non-brokered private placement of up to 10 million units at a price of $0.05 per Unit for aggregate gross proceeds of $500,000.00. Each Unit will be comprised of one common share and one transferable common share purchase warrant of the Company. Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 24-month period after the Closing Date at an exercise [...]
Sky Gold Corp. announces that, further to its news release dated November 8, 2019, effective Tuesday December 3rd, 2019 at market open, the Company will consolidate its common shares on the basis of one post-consolidation common share for every ten pre-consolidation common shares. The Company will have a total of approximately 11,796,730 post-consolidation common shares issued and outstanding. The consolidation was [...]
Sky Gold Corp. announces a proposed consolidation of its common shares on the basis of up to ten existing Shares for one new Share. Currently, a total of 117,967,303 Shares are issued and outstanding. Accordingly, if put into effect on the basis of ten existing Shares for one new Share, a total of 11,796,730 Shares would be issued and outstanding following the Consolidation, assuming no other change in the issued capital [...]
Sky Gold Corp. is reporting all results from the 2019 diamond drill program on the Clone Gold Property. The program was comprised of 811 meters drilled in six HQ-diameter diamond drill holes. Highlights of the latest assays include 5 meters of 8.57 Au and 2 meters of 475.6 Ag at shallow depths in drill hole SCL-19-03. As previously reported , hole SCL-19-02 returned a highlight intercept of 124.6 grams per tonne of gold [...]
Sky Gold Corp. is pleased to report assay results from the first two diamond drill holes for the 2019 drill program at its 100%-owned Clone Gold Project located in British Columbia’s prolific Golden Triangle. Both drill holes intersected gold mineralization: hole SCL-19-01 intersected 85.2 g/t over 0.9 metres and SCL-19-02 intersected 124.6 g/t Au over 4.1 metres, both within the Main “H” Zone [...]
Phase One of Clone Diamond Drill Program Complete Sky Gold Corp. is very pleased to announce that Phase One of the Clone Gold Project diamond drill program is now complete and that visible gold* was intersected in three intervals in drill hole SCL-19-02, from within the Main “H” Zone . In addition, the Treble Zone, drilled for the first time, showed favourable alteration and visible sulphide mineralization*. The Phase One [...]
Sky Gold Corp. announces it has granted a total of up to 1,250,000 stock options to directors and a consultant of the company exercisable at a price of $0.06 per share for a period of one year from the date of grant. The options have been granted in accordance with the company's stock option plan. About Sky Gold Corp. Sky Gold Corp. is a junior mineral exploration company engaged in acquiring and advancing mineral [...]
First Two Holes Completed: Drilling Continues Sky Gold Corp. is pleased to announce that its summer diamond drill program has commenced on the Clone Gold Property, located in the prolific Golden Triangle of British Columbia. The first two holes have now been completed and will be sent to the lab on a rush basis. To view ongoing developments on the project please visit our website for photos. Drilling began on the Main “H [...]
Sky Gold Corp. is pleased to announce that mobilization for the summer diamond drill program on the Clone Gold Property, located in the prolific Golden Triangle has been initiated. Drill pad construction is underway for the first four drill locations with drilling of the first target, in the Main € H € Zone, anticipated to begin in the following three to five days. Sky Gold anticipates a minimum of 10 diamond drill holes [...]
Sky Gold Corp. is pleased to announce that it has contracted More Core Drilling Services Ltd., , based in Stewart, for the upcoming diamond drill campaign on the Company €™s keystone asset, the Clone Gold Property, located in the prolific Golden Triangle in British Columbia. More Core is an established, professional drill contractor, specializing in alpine drill activities. The Clone drill program is scheduled to commence [...]
Sky Gold Corp. is pleased to announce that, further to its news release of May 15th, 2019, it has closed the fully subscribed Flow Through and Non Flow Through private placements. The Company issued 20 million Flow Through units at a price of $0.04 per Unit for aggregate gross proceeds of $800,000.00 and 10 million Non-Flow Through units for aggregate gross proceeds of $350,000. "We are very excited to have the funds in [...]
