TSX-V: SKYG
OTC: SRKZF
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The Evening Star Project is situated within the Walker Lane trend in Nevada, a stable, pro-active mining jurisdiction mineral belt. The property hosts multiple styles of mineralization: intrusive-related gold (TOWER TARGET), Cu-Au porphyry (HIGH LIFE TARGET), and Carbonate Replacement Deposit (CRD)–skarn mineralization (GOLD BUG TARGET).
Sky Gold’s Evening Star Property is strategically located in Nevada’s Walker Lane epithermal gold and silver vein district. The Walker Lane Gold Trend is an emerging gold and silver epithermal belt with large gold and silver deposits that remains underexplored. New deposits of gold and silver are actively being discovered, with majors moving into the Walker Lane gold district to commence mining.
Nevada is a mining-friendly jurisdiction with a significant gold and silver mining history. Fraser Institute (2025 Survey) ranks Nevada second in the world for exploration and mining development.
The Tower Target is an intrusion-hosted gold system with anomalous bedrock values up to 18.21 g/t. Gold occurs in veins and along silicified, low-angle faults, and is also disseminated through pervasively sericitized granite over an approximately 1.5 km trend. The deposit model is compared to a Fort Knox–type, high-tonnage, bulk-mineable system, and the target is further analogized to the Barney’s Canyon distal gold deposit related to the Bingham Canyon porphyry copper system.
Examples of extensional quartz vein arrays that are hosted in strongly FeOx (pyrite) and sericite-altered granite rocks at Tower GoldAt Tower Gold, high-grade gold, silver and copper is found in quartz veins and wall rocks. Veins are mostly Northwest trending and northeast dipping. Host rocks are strongly pyrite and sericite-altered intrusive granite rocks that carry grade. The gold corridor is one kilometer long by 200 meters wide.
High-Life is a porphyry Cu–Au–Ag target characterized by an extensive, robust hydrothermal system with multiple intrusive phases. The magma is oxidizing and hydrous, evidenced by magnetite and abundant ubiquitous biotite, and it sits within a historic district known for high-grade precious- and base-metal skarns and veins. Mineralization occurs in quartz monzonite porphyry dikes carrying Cu–Au–Ag, with strong, coincident soil and bedrock geochemical anomalies (Cu–Au–Ag ± Mo). Soils return up to 1,620 ppm Cu, 0.212 ppm Au, and 25.2 ppm Ag, while rock samples from the quartz-monzonite porphyry dikes run up to 1.54% Cu, 0.159 ppb Au, and 97.6 ppm Ag. Porphyry-style stockwork veining is developed in these dikes, and the main mineralized dike measures approximately 250 m by 50 m. Possible analogs include Yerington (high-temperature, low-sulfidation, potassic) and Alpala (moderate temperature, intermediate sulfidation with chlorite–sericite ± albite alteration).
1500 meters of fully-permitted diamond core drilling is proposed for the South half of the Tower Gold trend. Holes will be 100-150m length. Drilling is fully permitted, targeting high-grade gold, silver and copper mineralization in quartz veining and in intrusive granite host rocks. Drilling will test for gold grades, width of the zone and continuity along strike.
Diamond-core drill is secured to start in October.
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