SKRR Exploration Completes Summer Drill Program At Olson Property

SKRR Exploration (TSXV: SKRR) has completed drilling at its Olson Gold Project, located within the Trans Hudson Corridor of Saskatchewan. Results from the drill program are still being assayed, with results to be released once the data has been received compiled and interpreted.

The drill program conducted consisted of 18 holes and 2,986 metres of drilling, an increase from the originally planned 12 hole, 1,850 metre program that was to be conducted. Early favourable results led to the expansion of the drill program while crews were still on site, with the expanded program focusing on seven separate zones on the property.

The program was conducted over a period of four weeks, with target locations based on data collected from the field program that took place earlier this summer. That program included geophysics that were conducted over 13 lines for 8.6 line kilometres in total, as well as soil sampling, prospecting, field mapping and channel sampling.

The company also announced this morning that it is planning on conducting expanded drilling at the Olson property. The company will finalize the additional drill sites and commence drilling once final assays have been received from the summer program. The size of the pending program will be dependent on these assays as well as other planned drill programs on other properties held by the company.

Commenting on the completion of the program, CEO Sherman Dahl stated, “We are very pleased to complete SKRR’s inaugural drill campaign where the original plan was expanded to 18 holes due to favorable early results. We look forward to following up on this summer’s exploration success with an expanded winter drill program.”

SKRR Exploration last traded at $0.29 on the TSX Venture.


FULL DISCLOSURE: SKRR Exploration is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover SKRR Exploration on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

MAS Gold Enters Definitive Agreement To Be Acquired By Southern Empire

Southern Empire Resources (TSXV: SMP) has entered into a definitive agreement to acquire that of...

Wednesday, August 19, 2020, 08:35:44 AM

New Found Gold Hits 24.0 G/T Gold Over 46.0 Metres At Keats

New Found Gold (TSXV: NFG) this morning released further drill results from its ongoing drill...

Wednesday, March 10, 2021, 08:25:02 AM

GMV Minerals Mobilizes For 3,000 Metre Drill Program At Mexican Hat

GMV Minerals (TSXV: GMV) this morning issued a brief release. Within, the company indicated that...

Thursday, June 24, 2021, 09:13:31 AM

Great Atlantic Resources Closes $2.0 Million Financing, Sees Sprott Participate

Great Atlantic Resources Corp. (TSXV: GR) today reported that the company has closed its private...

Friday, June 11, 2021, 10:56:00 AM

Gold Surges to Record $3,400 Amid Global Economic Uncertainty

Gold prices continued their historic rally on Monday, reaching a new all-time high of $3,424.66...

Monday, April 21, 2025, 09:26:00 AM