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SKRR Exploration Inc. and Taiga Gold Execute Option Agreement for Leland Gold Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2020) - SKRR Exploration Inc. ( TSXV:...
About this update from Skrr Exploration, Inc.
[{"type":"text","content":"SKRR Exploration Inc. and Taiga Gold Execute Option Agreement for Leland Gold Project, SaskatchewanVancouver, British Columbia--(Newsfile Corp. - May 21, 2020) - SKRR Exploration Inc. (TSXV: SKRR) (\"SKRR\" or the \"Company\") is pleased to announce it has executed an option agreement dated May 20, 2020 (the \"Agreement\") with Taiga Gold Corp. (CSE: TGC) (\"Taiga\") whereby SKRR may earn up to a 75% interest in the Leland gold property (the \"Leland Property\") located 100 km east of La Ronge, northern Saskatchewan. Property highlights include numerous high-grade gold occurrences including up to 60 g/t (1.75 oz/T) gold associated with structurally-hosted quartz veins. Details of the Agreement and the Property are outlined below.In 2019 Taiga completed a three-phase geological and geophysical program at the Leland Property. Highlights from the program include:Gold mineralization grading up to 5.4 g/t Au over 0.65 m within 2.1 g/t Au over 3.22 m (channel sample) from the Irving trench along the Simon-Irving Trend.Discovery of 5 new gold-mineralized occurrences along the Simon-Irving trend grading between 113 ppb Au and 3.5g/t Au.Soil geochemical results proximal to the Leland Property showing (SMDI-2390) support samples collected in 2015 and delineate a new zone of anomalous soils to the west of the Leland Property showing and northeast of the Simon Showing (SMDI-2388) that are targets for future follow up work.Recent staking by Taiga included claims overlying the Duck Lake Occurrence (SMDI 1731) covers two quartz stockwork zones within a shear with the Main Zone traced on surface for 180m. Limited historical grab sampling returned values up to 3.2 g/t Au.Planning is currently underway for the 2020 field season.The above results were taken directly from the SMDI descriptions. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person, but form a basis for ongoing work in the Leland Property area. Further work is required by SKRR in order to verify the historical work on the Leland Property. Leland Project HistoryThe Leland Property hosts several zones of orogenic gold mineralization with good exploration potential. Historic work in the western part of the Leland Property has identified numerous gold-bearing quartz veins with notable grad...