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Visible Gold Intersected from Diamond Drilling on the Clone Gold Project

Phase One of Clone Diamond Drill Program Complete VANCOUVER, BC / ACCESSWIRE / August 22...

articleSky Gold Corp.August 22, 20194/company/sky-gold-corp/news/visible-gold-intersected-from-diamond-drilling-on-the-clone-gold-project
Visible Gold Intersected from Diamond Drilling on the Clone Gold Project

About this update from Sky Gold Corp.

[{"type":"text","content":"Visible Gold Intersected from Diamond Drilling on the Clone Gold ProjectPhase One of Clone Diamond Drill Program CompleteVANCOUVER, BC / ACCESSWIRE / August 22, 2019 / Sky Gold Corp. (TSXV:SKYG)(OTCPINK:SRKZF) (\"Sky Gold Corp.\" or the “Company”) 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 (see photos on the Company’s website). In addition, the Treble Zone, drilled for the first time, showed favourable alteration and visible sulphide mineralization*. The Phase One drill program comprised 811 metres drilled in six HQ-diameter diamond drill holes and was designed to confirm historical results and to test new areas, such as the Treble Zone. In order to potentially unlock more gold than previously identified in the system, the Company is the first operator to compile historic data in three dimensions for use as a targeting tool; to drill HQ-diameter core; and to introduce metallic sieving procedures at Clone. Development of the Phase Two drill program at Clone will be initiated based on upcoming assay results from the Phase One program.Some highlights of the Phase One drill program include:Main “H” Zone - Four diamond drill holes, totaling 512 metres, have now been completed on the Main “H” Zone target. These holes were designed to confirm historical drill results and to test extensions along strike, down dip and down plunge of the known mineralization. Hole SCL-19-02 was located near the “bulk sample” taken in 2011 by a previous operator (see Company Press Release dated 12 October 2017), when 102 tons averaged 137.1 g/t gold (4.0 oz/ton gold). This hole twinned historic hole CL96-110 (which returned 116.2 g/t gold over a 3.5 metre intercept) and intersected visible gold* in three intersections: at 5.9 m, 6.3 m and 9.0 m depth down hole; all associated with strong hematite alteration. Strong hematite alteration, along with quartz and hematite veining, are favorable indications of gold mineralization in the Main “H” Zone.Treble Zone - The Treble Zone is located approximately 4.4 kilometres west-northwest of the Main “H” zone and soil sampling in this area d...

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