SKRR Exploration Announces Assays Pending

SKRR Exploration Inc. (TSXV: SKRR) (OTC Pink: SKKRF) (FSE: B04Q) ("SKRR" or the "Company") announces that the assays from the previously completed 18 hole, 2,986m drill program on the Olson property (the "Property") are still pending. The delay in assays is not unique to SKRR; assay laboratories around the world are struggling to keep up with the volume of drilling that has occurred and the realities of COVID-19 are adding further delays to all mining companies.

Sherman Dahl, CEO of SKRR, commented:

"We are very pleased with the completed Olson drill program and will provide drill results upon receipt and analysis of the assays. Saskatchewan, and in particular, the Trans Hudson Corridor, is gaining momentum with various other promising assets and companies in this region, including, SSR Mining, Alamos Gold, Taiga Gold., MAS Gold. We look forward to continuing our success and progress on our projects in 2021. I have purchased additional shares in the open market and will continue to support this company, the shareholders, and our stakeholders."

About SKRR Exploration Inc.:

SKRR is a Canadian-based precious metal explorer with properties in Saskatchewan - one of the world's highest ranked mining jurisdictions. The primary exploration focus is on the Trans-Hudson Corridor in Saskatchewan in search of world class precious metal deposits. The Trans-Hudson Orogen - although extremely well known in geological terms has been significantly under-explored in Saskatchewan. SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.

ON BEHALF OF THE BOARD

Sherman Dahl
President & CEO
Tel: 250-558-8340

For further information contact:
Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us
+1 6047577179

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements that address the plans for 2021, receipt of assays, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company's profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, decrease in the price of gold and other metals, equipment failures, failure to maintain or obtain all necessary government permits, approvals and authorizations, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, failure to maintain community acceptance (including First Nations), increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward-looking information, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/70452

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Gold bars on a financial chart background.

Gold Price, Markets Trade Flat After US Strikes on Iran

An escalating conflict between Israel and Iran drew military inolvement from the US over the weekend, marking a significant ratcheting up of tensions in the region.

On Saturday (June 21), US B-2 bombers flying out of Whiteman Air Base and a US submarine stationed in an undisclosed location launched strikes against three sites in Iran. The targets were Iranian nuclear facilities at Fordo, Natanz and Isfahan that the US alleges were being used to enrich uranium to create a nuclear bomb.

Both Israel and the US have been adamant that Iran should not be allowed to have nuclear weapons.

Keep reading...Show less
Closeup of fibrous mineral with dark needle-like crystals radiating outward.

Utah’s Antimony Resource: A Strategic Investment Play in Critical Minerals

Utah may be best known for its copper and gold legacy, but hidden beneath its rugged terrain lies one of the most overlooked critical mineral opportunities in the US: antimony.

With global supply heavily concentrated in China and export restrictions tightening, Utah’s underexplored antimony deposits are gaining new relevance. For investors, this presents a timely and potentially undervalued opportunity to get ahead of a domestic supply chain revival, with early movers leading the way.

Once home to scattered historic antimony production, Utah is now re-emerging as a strategic hotspot for this essential element.

Keep reading...Show less
Triumph Gold Chairman and CEO John Anderson.

Utah Asset Acquisition Marks Triumph Gold’s Entry into US Silver Space: Exec

Triumph Gold’s (TSXV:TIG) acquisition of the Coyote Knoll property in Utah marks the company’s entry into the silver space, in an area that's “geopolitically and geographically and geologically fantastic,” Executive Chairman John Anderson told the Investing News Network.

Anderson said while Triumph Gold’s main asset is the Freegold Mountain gold-copper project in Yukon, Canada, “the real interest was in the US.”

“We've been looking at projects in the silver space for quite some time,” he explained. “There's very little investor interest in Canada for resource companies, believe it or not. The capital of mining exploration and venture capital is Canada, but for some reason there's just not a lot of interest.”

Keep reading...Show less
FinEx Metals (TSXV:FINX)

FinEx Metals

Keep reading...Show less
Jeffrey Christian, gold bars.

Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices and Key Drivers

Jeffrey Christian, managing partner at CPM Group, shares his latest thoughts on gold, silver and platinum-group metals, outlining potential price scenarios for the months ahead.

He also discusses his broader outlook for the US economy.

Keep reading...Show less
Wooden gavel on a reflective surface, legal books blurred in the background.

Mali Court Seizes Control of Barrick Gold Mine Amid Escalating Dispute

A court in Bamako has ordered the temporary transfer of operational control of Barrick Mining's (TSX:ABX,NYSE:B) Loulo-Gounkoto gold-mining complex to a state-appointed administrator for six months.

The ruling, handed down on Tuesday (June 17) by the Tribunal de Commerce, empowers former health minister and certified accountant Soumana Makadji to run one of Barrick’s most lucrative global assets.

The company has described the move as “unjustified” and “unprecedented.”

Keep reading...Show less

Latest Press Releases

Related News

×