Sky Gold Corp Acquires the Imperial Project Located Contiguous to Amex Exploration's Perron Project, Quebec, Expanding Precious and Base Metal Exploration Portfolio

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[{"type":"text","content":"Sky Gold Corp Acquires the Imperial Project Located Contiguous to Amex Exploration’s Perron Project, Quebec, Expanding Precious and Base Metal Exploration PortfolioVANCOUVER, BC / ACCESSWIRE / May 27, 2021 / Sky Gold Corp. (TSX-V:SKYG) (OTC PINK:SRKZF) (\"Sky Gold\" or the \"Company\") is pleased to announce that it has signed two definitive agreements (collectively the \"Agreement\") for two contiguous claim blocks (the \"claims\" or \"Projects\") comprising the Imperial Property (\"Imperial\" or the \"Property\") which shares 4.7 kilometers of it's northern border with Amex Exploration's (TSX-V: AMX) Perron Property in Quebec, where high-grade gold has been intersected in three zones along a 3.2 kilometre corridor. To the east, the claims adjoin Generic Gold Corp. (CSE: GGC) who are set to commence 7,500 metres of drilling in the coming weeks, targeting both orogenic gold and gold-rich volcanogenic massive sulfides (VMS) style mineralization. The two Projects, named La Reine and Le Roi, comprise a combined 228 claims covering approximately 6,575.84 hectares in the gold and VMS-prospective Abitibi Greenstone Belt region of Ontario and Quebec. Refer to maps in Figures 1 & 2.Mike England, CEO & President, commented: \"The acquisition of the Imperial Property is a result of over 12 months of discussions and negotiations, and we are most excited to finally get this deal done. New geological interpretations in Quebec have now been leading to very exciting discoveries, such as Amex and Starr Peak have seen, and we are eager to begin exploring for gold and base metals in very similar geological units in Quebec as well as on trend across the border into Ontario.\" The Imperial PropertyThe Imperial Property is located to the Southwest of, and contiguous with Amex Exploration Inc.'s (TSX-V: AMX) Perron project, which has made several significant high-grade gold discoveries. Recently announced noteable gold intersections at Perron include 70.92 g/t Au over 3.90 metres, including 367.50 g/t Au over 0.60 metres, at 160 metres vertical depth, and 70.92 g/t Au over 3.90 metres, including 367.50 g/t Au over 0.60 metres, at 190 metres vertical depth (refer to AMX news release May 26, 2021). Further to the Northeast is the past-producing Normétal mine, currently held by Starr Peak Exploration (TSX-V: STE), which was mined per...

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