Upcoming Program On The Evening Star Property

VANCOUVER – Sky Gold Corp. has planned a drill program at the Evening Star Property, Nevada, to test multiple targets at the High Life copper-gold porphyry system as well as drill test the area of historic hole 70-1 to verify the CRD style and presence of skarn. Drill hole permitting is in progress and the diamond core drilling program is expected to commence in early April. The Company’s geological team is on site mapping and sampling on the property and preparing the drill sites for the upcoming drilling program.
Mike England, CEO, said, “We are very excited to get drilling again at Evening Star, this time backed with new geophysical data as well as recently uncovered coordinates from a wildcat hole drilled in 1970 that reported 0.22% Cu, 3.24% Pb, 1.41% Zn and 76 g/t Ag over 166 metres.”
Results from recent magnetic and Induced Polarization (IP) surveys completed on the Property reveal a concentric geophysical footprint consistent with a gold-copper porphyry system at the High Life target. The surveys outline a large (approximately one kilometer in diameter), single positive magnetic anomaly. Three-dimensional processing reveals a robust, deeply rooted magnetic body, interpreted as the potassic core of a porphyry system.
Three IP lines were completed across the High Life area and the associated magnetic anomaly. Results show overlapping resistivity and chargeability highs. The IP data also display strong geophysical zonation, characterized by an outer conductive ring surrounding an inner resistive core.
Additionally, the results of a gravity survey conducted across High Life and Gold Bug in 2020, reveals that the High Life magnetic anomaly exhibits a rare coincident geophysical response, comprising a gravity high, resistivity high, and chargeability high. This combination significantly enhances the prospectivity of the target and supports interpretation of a large, intact porphyry system.