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SKRR Commences Exploration on Olson Gold Project, Northern Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) -   SKRR Exploration Inc. (...
About this update from Skrr Exploration, Inc.
[{"type":"text","content":"SKRR Commences Exploration on Olson Gold Project, Northern SaskatchewanVancouver, British Columbia--(Newsfile Corp. - June 2, 2020) -  SKRR Exploration Inc. (TSXV: SKRR) (\"SKRR\" or the \"Company\") is pleased to announce that crews have been mobilised to commence phase one exploration activity on the Olson property (the \"Property\") located 100 km east of La Ronge, northern Saskatchewan. Under the terms of the option agreement with Eagle Plains Resources Ltd. (\"Eagle Plains\"), SKRR may earn-in up to a 75% interest in the Property.Olson Project SummaryThe Olson project is host to regionally-sheared, highly-strained meta-volcanic rocks which are considered to be prospective for orogenic gold mineralization. The Olson project area is host to 29 mineral occurrences defined by historical geological mapping, prospecting, trenching and 4700 m of diamond drilling. Historical drilling has intersected 7.5 m grading 2.07 g/t Au including 13.00 g/t Au over 0.65 m and grab samples of up to 105.52 g/t Au. The project is considered to be significantly underexplored, with known gold occurrences open at depth and along strike. These results are historical in nature and have not been confirmed by Eagle Plains/SKRR but are considered to be reliable and will form a basis for ongoing work. SKRR has not verified the assay results nor has SKRR done the drilling and sampling necessary to verify the assay results.In 2018, Eagle Plains and a previous partner completed a detailed compilation of existing data, followed by a 2- Phase, $150,000 field program which consisted of geological mapping and prospecting and the collection of a total of 862 soil samples and 126 rock samples.The 2018 field program verified the results of historical work and identified additional targets in areas that were previously unexplored. Grid soil geochemistry highlighted two main areas with extensive gold in soil anomalies. Soil geochemical values ranged from below detection to a maximum of 2704.6 ppb Au, with 6 samples returning greater than 1000 ppb Au. In the Jena area, soil geochemistry delineated a 1.4 km strike length of anomalous soil results greater than 80 ppb Au with a maximum of 1346 ppb Au. The Ackbar-Tuscan-Point area also returned promising results, with a 300m by 100m zone returning values greater than 80 ppb Au and a maximum of 2704.6 ppb Au. Soil geoc...