SKRR Exploration

Overview

SKRR Exploration Inc. (TSXV:SKRR) is a gold exploration company focused on a collection of properties in the Canadian province of Saskatchewan. The company’s flagship Olson gold project is located in the Trans-Hudson Corridor of Saskatchewan, an area known for its orogenic gold and volcanic-massive sulfide (VMS) style deposits. SKRR Exploration believes the Trans-Hudson Corridor could become Canada’s next leading mining jurisdiction based on its rich geology and relatively under-explored prospects.

SKRR Exploration’s flagship Olson gold project comprises 5,038 hectares in the heart of the Trans-Hudson Corridor. The property was acquired via an option agreement with Eagle Plains Resources. Under the terms of the agreement, SKRR has the option to earn-in up to a 75 percent interest in the property. In addition to its Olson gold project, SKRR Exploration owns a total of five exploration projects located in Saskatchewan’s Trans-Hudson Corridor including Irving/Leland, Ithingo Lake, Cathro and Manson Bay.

The Trans-Hudson Corridor is a large geological region stretching from South Dakota to James Bay that hosts rich mineralization and a number of past-producing and existing precious metals projects. The Trans-Hudson Corridor is home to the Homestake Gold Mine, the Seabee Gold Mine, and a number of modern exploration projects. The Seabee gold mine was acquired by SSR Mining in 2016 after operating between 1991 and 2018 when all mineral reserves on the property were exhausted. The nearby Seabee Mill has been in operation since 1991 and is capable of processing 1,050 tonnes per day.

Members of the SKRR team including Ron Netolitzky and Ross McElroy have spent the majority of their careers exploring the Trans-Hudson Corridor, partially due to Saskatchewan’s mining-friendly policies and exploration potential. At the provincial level, the province of Saskatchewan offers a safe and stable jurisdiction from which to conduct exploration. The province was ranked the 11th-most friendly according to the 2019 Fraser Institute Annual Survey of Mining Companies.

Company Highlights

• Olson gold project is located in Saskatchewan’s Trans Hudson Corridor, home to the Glennie Domain and the province’s largest orogenic gold deposit
• Historical drilling as Olson has intersected 7.5 m grading 2.07 g/t gold including 13.00 g/t gold over 0.65 m
• Saskatchewan ranked the 11th most-friendly mining jurisdiction according to the 2019 Fraser Institute Annual Survey of Mining Companies
• Saskatchewan has produced 5.5 million ounces of gold from primary orogenic deposits and base metal mining projects
• Irving/Leland gold project comprises 23,500 hectares split into two prospective gold properties
• Ithingo Lake project’s best intersection at the Main zone returned 7.5m @ 11.5 g/t gold
• Cathro gold project comprises 3,277 hectares of land within the La Ronge Greenstone Belt in Saskatchewan
• Chairman Ross McElroy has significant experience in Saskatchewan, including two major mineral discoveries