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Skyline Gold Agrees to Acquire 8,775 Hectare Inel Property

Investing News Network
Nov. 19, 2010 12:36AM PST
Gold Investing

Skyline Gold Corporation (CVE:SK) announce that it has agreed to acquire 8,775 hectares of mineral tenures from St. Andrew Goldfields Ltd.

Skyline Gold Corporation (TSXV:SK) announce that it has agreed to acquire 8,775 hectares of mineral tenures from St. Andrew Goldfields Ltd.

The press release is quoted as saying:

The Inel Stockwork vein zone was previously explored by underground panel sampling and diamond drilling from 850m of underground exploration workings. An historical resource of 317,485 tonnes grading 3.4g/t gold, 13.3g/t silver, 0.1% copper and 2.6% zinc is reported in the B.C. Minfile No. 104B.113 records. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources. The Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

Click here to access the entire press release

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