SKRR Exploration Intersects 50.24 Metres of 0.41 G/T Gold At Olson Property

SKRR Resources (TSXV: SKRR) this morning released the latest drill results from the recently completed 12 hole winter drill program at its Olson property in Northern Saskatchewan. Highlight results from the program include 50.24 metres of 0.41 g/t gold at the Point zone.

The drill program saw a total of 1,674 metres drill on the property, with six holes being focused at the Point zone, 4 holes at the Olson zone, and one hole at each of the Michael’s Lake and Ackbar zones. Nine of the twelve holes drilled reportedly intersected significant mineralization, with a new gold discovery being made at Ackbar where hole OL21029 intersected 0.75 g/t gold over 8.12 metres.

Highlighted results from the drill program include:

  • OL21019: 50.24 metres at 0.41 g/t gold at the Point zone
  • OL21020: 39.5 metres at 0.37 g/t gold at the Point zone
  • OL21025: 13.1 metres at 0.89 g/t gold at the Olson zone
  • OL21026: 29.44 metres at 1.30 g/t gold at the Olson zone

“Our Olson drilling was ambitiously designed to test the size potential of the Olson gold system.  It was successful on all fronts.  The presence of consistent high grade gold mineralization identified at the Olson project confirms the overall potential of growing into a significant resource. The Olson Project continues to yield exceptionally consistent gold results as we drill to define mineralization in the area.”

Sherman Dahl, CEO of SKRR Exploration

Full results released by the company can be found here.

SKRR Exploration last traded at $0.22 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

How to Still Find 10-Bagger Gold and Silver Stocks | Don Durrett

First Majestic Silver: Jerritt Canyon Is BACK!

Canada May Finally Be Backing Its Battery Supply Chain | John Passalacqua – First Phosphate

Recommended

Silver47 Pulls High-Grade Gold and Silver Assays from Nevada Vein Network At Kennedy

Canadian Gold Resources Taps Chernin as Interim CEO in Planned Transition

Related News

Wesdome Sells Moss Lake Property To Goldshore Resources For $57 Million

Wesdome Mines (TSX: WDO) has elected to monetize its Moss Lake Project located in Ontario....

Tuesday, January 26, 2021, 08:59:26 AM

Why Did Newcrest Reject Newmont’s $16.9-Billion Acquisition Offer?

Australian miner Newcrest Mining (TSX: NCM) announced last night that it has rejected the acquisition...

Thursday, February 16, 2023, 11:05:00 AM

Trans Canada Gold Begins Permitting Process At Flagship Ontario Gold Property

Trans Canada Gold (TSXV: TTG) continues to plug along with the development of its project...

Thursday, February 18, 2021, 02:37:03 PM

Kirkland Lake To Sell Off Majority Of Stake In Novo Resources For $45.3 Million

Kirkland Lake Gold (TSX: KL) this morning announced that it is looking to dispose of...

Thursday, November 26, 2020, 08:23:21 AM

SKRR Completes Seven Holes At Olson Project, Assays Pending

SKRR Exploration (TSXV: SKRR) this afternoon reported that it has completed seven holes to date...

Wednesday, October 14, 2020, 04:24:19 PM