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New Listing: Sky Gold Corp (TSXV:SKYG)

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Sky Gold is a junior exploration company engaged in acquiring and advancing mineral properties across Canada's top mining jurisdictions.

Additional Information:

Company: Sky Gold Corp
Website: http://www.SunvestMinerals.com
Stock Symbol: TSXV: SKYG
Date Published: Apr 17, 2019
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Sky Gold Corp is one of the latest new listing on the TSX Venture Exchange, trading under the symbol “SKYG”, having previously traded as Sunvest Minerals.

Sky Gold is a junior exploration company engaged in acquiring and advancing mineral properties across Canada's top mining jurisdictions.

The company is advancing its flagship asset, the high-grade Clone Gold Project in the Golden Triangle of British Columbia, which the company acquired in the fall of 2017.

It has unified the previously fractured ownership of Clone and, with new sampling returning up to 245 grams per tonne gold, has confirmed the potential at Clone and will continue advancing it and the surrounding prospects.

A 2019 field program at Clone has been approved by the Board which will include an initial phase I diamond drill program to test concepts pertaining to the main H zone.

Concurrent with the drill program a geological team will be deployed to further ground-truth targets discovered last summer as well as to investigate a host of new prospects now visible due to recent glacial ablation on the Clone claims.

Over the course of the summer these new targets meeting certain criteria will be prioritized with the objective of drilling the top prospect(s) at the end of the season.

The company will provide additional updates regarding the 2019 field program over the coming months in anticipation for Sky Gold’s inaugural drill program on the Clone.

Mike England, CEO, stated: "We are looking forward to an exciting field season at the Clone. Our technical team has been working extremely hard over the last 18 months to understand the Clone main zone as well as to take into account numerous never before seen targets uncovered by the retreating glaciers over the past 25 years since its initial discovery. Our understanding of the property is the best it has ever been and we are poised to build on discoveries made by our field crews in 2018 during our 2019 field campaign."

The shares are currently trading at $0.04.

For more information, please visit the company’s website www.SunvestMinerals.com, or contact Mike England, CEO, at 604-583-3995 or by email at info@SunvestMinerals.com.

I’m Cassandra Bolinski for Investmentpitch Media