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

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Silver47 Begins Drill Program At Mogollan Project In New Mexico Targeting High Grade Silver

Steadright Expects To Receive Mining License For New Copper Valley Project Within The Next Month

Related News

CME Group Increases Credit Facility to $7 Billion in the Event that a COMEX Member Defaults

The coronavirus pandemic has some markets preparing for the worst. CME Group, which owns Comex,...

Saturday, May 2, 2020, 11:10:00 AM

Red Pine Exploration: Haywood Initiates Coverage Withy $1.40 Price Target

Haywood Securities last week initiated coverage on Red Pine Exploration (TSXV: RPX) with a buy...

Tuesday, May 25, 2021, 11:01:00 AM

New Found Gold Releases Further Assays At Golden Joint Zone

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

Thursday, September 30, 2021, 08:31:15 AM

Burkina Faso Continues To Nationalize Gold Sector As It Eyes 35% Stake In West African Resources

Burkina Faso moved this past week to take an additional 35% of West African Resources’...

Monday, September 1, 2025, 12:07:00 PM

Is China Quietly Amassing Gold?

China has been purchasing gold at a rate ten times higher than officially disclosed, buying...

Saturday, December 21, 2024, 09:17:00 AM