SKRR Exploration (TSXV: SKRR) this morning reported the first assay results from its drill program conducted in Fall 2020 at its Olson Gold Project, located in the Trans Hudson Corridor of Northern Saskatchewan. Highlight drill results, referred to as remarkable by the company, include 39.80 metres of 1.09 g/t gold, as well as 31.04 metres of 0.51 g/t gold.
A total of five drill holes were reported this morning, out of the 18 holes drilled throughout the 2,981 metres drill program that was completed late last year. Further results are expected to be released as they are received and analyzed by the company. Significant mineralization was intersected within two holes to date.
Drill results come from the Point and Jena zones on the property, which previously were untested. Results have shown what is referred to by the company as “substantial widths of moderate to high grade gold mineralization.” Highlighted results include:
- Hole DDH OL20004: 39.80 metres of 1.09 g/t gold, beginning at a depth of 3.05 metres at Point Zone
- Hole DDH OL20005: 31.04 metres of 0.51 g/t gold, beginning at a depth of 2.88 metres at Point Zone
- Hole DDH OL20002: 1.53 metres of 13.5 g/t gold, beginning at a depth of 125.13 metres at Jena Zone.
Seven separate zones on the property were tested during the 2020 fall drilling campaign. Results from Juba, Tuscan, Siskin, Olson, and Michael zones remain outstanding. Full results released this morning by the company can be found here.
“These remarkable results shows the high-grade potential of the gold system at our flagship Olson property in the Saskatchewan’s Trans Hudson Corridor. And most importantly, we are just getting started. All the other zones at the Olson project have encountered similar mineralization and assays will be released as received. The team at SKRR is very busy as well on the Leland gold property where drilling has commenced in the highly prospective Laonil Intrusive complex, which hosts SSR Mining’s Seabee gold deposit.”Sherman Dahl, CEO of SKRR Exploration
SKRR Exploration last traded at $0.31 on the TSX Venture.
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