Northwire Canada EditionTuesday, August 11, 2026
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CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Drill Results

Sky Gold hires MWH for survey at Evening Star

By The Northwire Desk — AI Analysis Oct 23, 2025 · 17:27 SKYG · 0.055 Sky Gold Corp.
SKYG · Price

Executive Summary

  • Sky Gold Corp. has commenced geophysical surveys and diamond drilling at its flagship Evening Star property in Nevada, following the completion of an oversubscribed private placement.
  • The company has contracted MWH Geo-Surveys International for drone-supported magnetic and topographic surveys to refine drill targeting, with an induced polarization (IP) survey planned for the High Life Cu-Au target.
  • Phase one drilling involves approximately 1,100 metres across two targets: the Tower gold target (4 holes, ~500m) and the High Life Cu-Au porphyry target (1 hole, ~600m).

Key Details

  • Geophysical Surveys:
    • Contractor: MWH Geo-Surveys International.
    • Method: Drone-supported high-resolution magnetic and topographic survey.
    • Specifications: 50-metre line spacing.
    • Purpose: Provide detailed subsurface structural and lithological information for drill targeting.
    • Status: Currently in progress, expected to be completed shortly.
    • Additional Survey: Induced polarization (IP) survey planned to refine targeting at the High Life Cu-Au porphyry target.
  • Drilling Program (Phase One):
    • Total Planned Depth: Approximately 1,100 metres.
    • Rig Status: Diamond core drill rig mobilizing to site this week.
    • Tower Gold Target:
      • Plan: Four holes totaling approximately 500 metres.
      • Geology: One-kilometre-long, 50-metre-wide, northwest-trending high-grade gold corridor.
      • Host Rock: Granite intrusion with centimetre-scale extensional quartz veins.
    • High Life Target:
      • Plan: One hole of approximately 600 metres.
      • Geology: Deeper copper-gold porphyry system with associated skarn mineralization at Gold Bug and Evening Star.
      • Identification: Prior geological mapping, geochemical sampling, and historical data review.
  • Financing Context:
    • The operational update follows the successful completion of an oversubscribed private placement announced on October 22, 2025.

Notable Quotes

  • Mike England, CEO: "We are extremely excited to commence drilling at Tower gold. This target shows all the hallmarks of a robust intrusion-related gold system, and the addition of both magnetic and induced polarization surveys will enhance our understanding of the broader mineralizing system at Evening Star -- particularly the High Life Cu-Au porphyry target. We have assembled a great team of geologists and technical experts to guide this next phase of exploration."
Read the original news release →

More from Sky Gold Corp.

Jul 14, 2026 · 01:53

Sky’s Evening Star grab samples returned 48.56 g/t Au while drill intersections remain low-grade.

Drill Results Jul 09, 2026 · 12:05

Sky’s High Life porphyry drilling returned only background gold grades, undermining the project thesis while the company faces severe cash burn.

Drill Results Jun 03, 2026 · 08:00

Sky’s surface sampling highlights critical minerals, while drill assays and capital needs remain the real catalysts for the project.

Drill Results May 28, 2026 · 11:46

Evening Star Porphyry Project

Drill Results Apr 22, 2026 · 18:30

Sky Gold Secures Funding for Nevada Drilling Amidst Porphyry Exploration Push

Financings Apr 15, 2026 · 20:23

Sky Gold Commences Drilling at Evening Star Amidst Financing Push

Drill Results