Goldsky Resources (TSXV: GSKR) has released assays from the first infill hole of its 25,000 metre drill program at the Barsele gold project in Sweden, with the hole returning more than 200 metres of continuous gold mineralization at the Skiråsen zone.
Hole SKI26001 intersected gold from 71 metres down to 275.3 metres, the last sample assayed so far, averaging 2.96 g/t gold over the full 204.3 metre stretch. Results for the bottom 55.6 metres of the 330.9 metre hole are still pending.
Highlights from the hole include:
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- SKI26001: 4.61 g/t gold over 75.30 metres from a depth of 200.00 metres
- Including 63.76 g/t gold over 2.00 metres
- Including 8.62 g/t gold over 4.00 metres
- SKI26001: 2.58 g/t gold over 87.00 metres from a depth of 71.00 metres
- Including 27.26 g/t gold over 2.00 metres
- SKI26001: 17.02 g/t gold over 5.00 metres from a depth of 35.00 metres
- Including 78.20 g/t gold over 1.00 metre
Field duplicates varied by as much as 133%, which is consistent with coarse gold, so Goldsky has requested screen fire assays on the coarse rejects. Most certified reference materials also came in below their certified values, which the company said may point to a low bias in the reported grades. True widths of the long intervals are not yet known.
As of November 6, Goldsky had collared 28 holes totaling 9,105 metres across the Central, Avan and Skiråsen zones, with three rigs turning. Assays are pending for 22 holes, including three more completed holes at Skiråsen. The program is designed to convert inferred resources to the indicated category ahead of an updated resource estimate planned for 2027.
“This is exactly the hole you hope for at the start of a program,” said CEO Russell Bradford. “It is our first hole at Skiråsen, three more holes there are already complete and we continue drilling across Barsele.”
The Barsele results come two weeks after Goldsky reported infill results from its Rajapalot gold-cobalt project in Finland. The standout there was hole PAL0433, which returned 12.60 metres of 233.56 g/t gold uncut, or 14.19 g/t with a 50 g/t top cut. An updated resource estimate and PEA for Rajapalot are expected to follow.
Goldsky Resources last traded at $2.96 on the TSX Venture.
