Don Huston, president of Skyharbour Resources (TSX.V:SYH), is pleased to announce that Skyharbour has commenced drilling on its McKenzie Island gold project in Red Lake, Ontario.
A total of 12-15 holes consisting of approximately 2,000 meters of drilling will be completed to test the approximately 1-kilometer long stretch of the MacAndrew gold/ alteration trend that extends across the McKenzie Island property. The MacAndrew trend transects the McKenzie Island property from east to west, and is typified by strong shearing, carbonitization, quartz veining, and associated sulphide and gold mineralization. The target areas selected for drilling lie immediately up-ice of strong gold in till and bedrock gold anomalies identified from the summer and fall 2002 till and rock sampling program, and are strongly correlated with significant coincident magnetic and EM targets within the MacAndrew trend.
The McKenzie Island property is situated in the heart of the Red Lake greenstone belt, within the Balmer Assemblage mafic-ultramafic suite of rocks. The property lies along the north margin of the Dome stock, with sedimentary clastic and iron formation rocks of the Mesoarchean Bruce Channel assemblage lying along the Dome stock contact margin. The property is bordered to the north by the Rubicon Minerals/ AngloGold joint venture property, and is on strike with Placer Dome's Campbell Mine and Goldcorp's Red Lake Mine 7 kilometers east.
Orko Gold (TSX.V:OK) has an option to earn 60% of the McKenzie Island property from Skyharbour Resources (20%) and Cypress Development (20%) (TSX.V:CYP). Skyharbour is the operator of the McKenzie Island property.
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