Planned Exploration Activities For the Evening Star Property

VANCOUVER – Sky Gold Copr. reported on planned exploration activities for the Evening Star Property, located in the Walker Lane trend of Mineral County NV. Initially work will focus on the Tower Gold Target, where drill permits have been received for up to 9 drill pads.
The Evening Star property hosts multiple styles of mineralization: Intrusive related gold, Cu-Au porphyry, and Carbonate Replacement Deposit (CRD)-Skarn mineralization. The property is readily road accessible, approximately 16 kilometres (10 miles) east of the town of Hawthorne.
At the Tower Gold Target the arithmetic average of the rock samples was 2.01 grams per tonne gold (g/t Au), 8.71 g/t silver (Ag), 1,115 parts per million (ppm) copper (Cu), 595 ppm lead and 340 ppm zinc. Peak values in rock samples were 18.21 g/t Au, 97.60 g/t Ag and +10,000 ppm Cu (1 % Cu). The gold mineralization (+Ag and Cu values) is interpreted to be hosted in sheared and altered (pervasively sericitized) granitic rocks, associated with quartz veins, veinlets, and limonitic microfractures. Numerous historic workings were observed and sampled, comprising shallow shafts, declines and trenches. There is no indication of any modern drill activity.
The company has also completed a soil sampling survey over two areas approximately 200 m by 200 m each, over the Southeast portion of the target, with peak values of 2.83 g/t Au, 10.4 g/t Ag, 930 ppm Cu, 1,370 ppm Pb and 800 ppm Zn. The 90 per cent percentile values (indicative as strongly anomalous for gold) were 0.206 ppm Au, 4.3 ppm Ag, 314 ppm Cu, 150 ppm Pb and 205 ppm Zn. There is good correlation of the elevated gold values with higher silver and copper soil results.
The permitted drill program will test a +400 metres long, by up to 100 metre wide, zone of anomalous gold in soil and bedrock. The TOWER GOLD TARGET is interpreted as potentially representing a distal gold system to a porphyry Cu deposit or another event of the Walker Lane trend.
“With the current surge in gold prices we feel the environment is perfect for Sky to give the Tower Gold Target immediate attention. We are very excited to resume exploration activity on the Tower Gold Target with a drill program this fall,” stated Mike England, CEO.