SKRR Exploration Inc. (TSXV: SKRR; OTC: SKKRF; FSE: B04Q) has mobilized its drilling crew for the Olson Gold Project in Saskatechwan. 12 diamond drillings with a total length of 1850 are planned. The property is located within the Trans Hudson Corridor 100 km east of La Ronge, Saskatchewan and 80 km south of SSR Mining’s Seabee gold operation. Under the terms of the option agreement with Eagle Plains Resources Ltd. (“Eagle Plains”) SKRR can acquire a stake of up to 75% in the property.
“We are very excited to begin our first drill program on the highly prospective Olson property,” said Sherman Dahl, SKRR’s chief executive officer. “Our team has a long history of identifying world-class discoveries. We look forward to continuing their record in the gold-producing Hudson Corridor. This drilling campaign follows a very successful fieldwork program on an under-explored property with multiple high-grade gold showings .
Figure 1: The Olson Gold Project in Saskatchewan is located approximately 100 km west of Flin Flon. Saskatechwan and is generally considered to be comparatively under-explored.
Drilling targets 2020
The Olson Property has completed 4,500 meters of historic diamond drilling in 61 holes, with the majority of short hole drilling in the Olson Lake and Dosco – Sikso zones, with the last drill program being completed in 2008. The 2020 drilling will test additional historically drilled zones and previously undrilled and under-explored occurrences based on the current understanding of gold mineralization controls. The modeling of the drilling targets is based on a comprehensive integration of historical and recent geophysical and geochemical surveys as well as detailed mapping and sampling work. Numerous drill targets have been created on the 5,835 acre property, with the current program focusing on the central portion of the property.
Risk warning: GOLDINVEST Consulting GmbH offers editors, agencies and companies the opportunity to publish comments, analyzes and news on http://www.goldinvest.de. This content serves exclusively to inform the reader and does not represent any kind of call for action, neither explicitly nor implicitly are they to be understood as a guarantee of possible price developments. Furthermore, they are in no way a substitute for individual, expert investment advice and represent neither an offer to sell the stock (s) in question nor an invitation to buy or sell securities. This is expressly not a financial analysis but a promotional one / journalistic texts. Readers who make investment decisions or carry out transactions on the basis of the information offered here act entirely at their own risk. There is no contractual relationship between GOLDINVEST Consulting GmbH and its readers or the users of its offers, as our information only relates to the company, but not to the reader’s investment decision.
In accordance with Section 34b WpHG and Section 48f Paragraph 5 BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and / or partners, clients or employees of GOLDINVEST Consulting GmbH hold shares in SKRR Exploration and therefore there is a conflict of interest. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time. In addition, there is a contractual relationship between SKRR Exploration and GOLDINVEST Consulting GmbH, which includes GOLDINVEST Consulting GmbH reporting on SKRR Exploration. This is another clear conflict of interest.
Note: PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section. PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizably posted by third parties in the “News” area of this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.