SKRR Sees Olson Land Package Increased By 1,170 Hectares
SKRR Exploration (TSXV: SKRR) has expanded its land page at its Olson Gold Project in Northern Saskatchewan. The company has acquired three additional claims for the gold project via an arrangement with Eagle Plains Resources Ltd.
Under the new arrangement, the company has added a total of 1,170 hectares of land to its ongoing project. The company acquired the additional claims via its option agreement with Eage Plains Resources, with the company have the rights to earn up to a 75% interest in the property which totals 5,038 hectares.
The claims extend the property to the south. The new claim covers a portion of the east-west trending Hartley shear zone, as well as the same prospective volcanic lithological package gold showing on the property, referred to as Carina / Point. Assay values in this showing have been as high as 9.8 grams per tonne gold based on grab samples collected to the north-east approximately 500 metres.
Fieldwork is currently underway on the propert, which includes a geophysical survey of DC resistivity that was recently completed. Field crews are currently on the ground, with phase one focused on defining targets for a phase two diamond drilling program. A Fall 2020 program is currently being planned that involves drilling.
SKRR Exploration last traded at $0.30 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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
